Technology
DuPont Reports Second Quarter 2026 Results
Published
2 months agoon
By
Exceeds Second Quarter 2026 Guidance
Raises Full Year 2026 Guidance
Second Quarter 2026 Highlights
Net Sales of $1.8 billion increased 4%; organic sales increased 4% versus year-ago periodGAAP Income from continuing operations of $191 million; operating EBITDA of $448 millionGAAP EPS from continuing operations of $1.37; adjusted EPS of $1.88Cash provided by operating activities from continuing operations of $400 million; transaction-adjusted free cash flow of $326 million representing 127% conversionAnnounces intent to repurchase $250 million of shares in the third quarterAnnounces the Company’s Global Industry Classification Standard (GICS) code has changed to Industrials effective July 31, 2026
WILMINGTON, Del., Aug. 4, 2026 /PRNewswire/ — DuPont (NYSE: DD) announced its financial results(1) for the second quarter ended June 30, 2026 and raised financial guidance for the full year 2026.
“We delivered another strong quarter, exceeding our financial guidance and demonstrating our focus on consistent execution” said Lori Koch, DuPont Chief Executive Officer. “Mid-single digit organic growth, strong margin expansion, coupled with robust adjusted EPS growth and free cash flow generation underscore the strength of our market-leading businesses and reflect disciplined execution of our strategic priorities, supported by our ongoing focus on excellence and productivity.”
“We are delivering on our commitments, creating value for all of our key stakeholders and further strengthening the foundation for sustainable, long-term profitable growth,” Koch concluded.
Second Quarter 2026 Consolidated Results(1)
Dollars in millions, except EPS
2Q’26
2Q’25
Change
vs. 2Q’25
Organic Sales (2)
vs. 2Q’25
Net sales
$1,819
$1,749
4 %
4 %
GAAP Income from continuing operations
$191
$24
n.m.
Operating EBITDA(2)
$448
$423
6 %
Operating EBITDA margin(2) %
24.6 %
24.2 %
40 bps
GAAP EPS from continuing operations
$1.37
$0.17
n.m.
Adjusted EPS(2)
$1.88
$1.27
48 %
Cash provided by operating activities – cont. ops.
$400
$74
n.m.
Transaction-adjusted free cash flow(2)
$326
$107
205 %
Net sales
Net sales were up 4% on a 4% increase in organic sales.4% organic sales growth in Healthcare & Water Technologies; 3% organic sales growth in Diversified Industrials.
GAAP Income from continuing operations
GAAP Income/GAAP EPS from continuing operations improved on higher segment earnings and lower interest expense and transaction costs.
Operating EBITDA
Operating EBITDA increased on organic growth and productivity.
Adjusted EPS
Adjusted EPS increased on higher segment earnings, lower net interest expense and a lower tax rate.
Cash provided by operating activities from continuing operations
Cash provided by operating activities from continuing operations in the quarter of $400 million, capital expenditures of $76 million and separation-related transaction costs and other payments of $2 million resulted in transaction-adjusted free cash flow and related conversion of $326 million and 127%, respectively.
(1)
Results and cash flows are presented on a continuing operations basis. See page 6 for further information, including the basis of presentation included in this release.
(2)
Organic sales, operating EBITDA, operating EBITDA margin, adjusted EPS, transaction-adjusted free cash flow and transaction-adjusted free cash flow conversion are non-GAAP measures and only reflect continuing operations. See page 6 for further discussion, including a definition of significant items. Reconciliation to the most directly comparable GAAP measure, including details of significant items begins on page 13 of this communication.
Second Quarter 2026 Segment Highlights
Healthcare & Water Technologies
Dollars in millions
2Q’26
2Q’25
Change
vs. 2Q’25
Organic Sales(2)
vs. 2Q’25
Net sales
$856
$817
5 %
4 %
Operating EBITDA
$258
$248
4 %
Operating EBITDA margin %
30.1 %
30.4 %
(30) bps
Net sales
Net sales increased 5% on organic sales growth of 4% and a currency benefit of 1%.Healthcare Technologies sales up mid-single digits on an organic basis on broad-based growth led by personal protection and biopharma.Water Technologies sales up low-single digits on an organic basis on continued strength in industrial water and semiconductor markets, partially offset by weakness in the Middle East.
Operating EBITDA
Operating EBITDA increased on organic growth and productivity, partially offset by growth investments.Operating EBITDA margin of 30.1% decreased 30 basis points as organic growth and productivity were more than offset by less favorable mix and growth investments.
Diversified Industrials
Dollars in millions
2Q’26
2Q’25
Change
vs. 2Q’25
Organic Sales(2)
vs. 2Q’25
Net sales
$963
$932
3 %
3 %
Operating EBITDA
$213
$199
7 %
Operating EBITDA margin %
22.1 %
21.4 %
70 bps
Net sales
Net sales increased 3% on organic sales growth in the quarter.Building Technologies sales up low-single digits on an organic basis due to growth in residential and non-residential construction markets.Industrial Technologies sales up mid-single digits on an organic basis on continued strength in aerospace coupled with growth in electric vehicle applications.
Operating EBITDA
Operating EBITDA and margin increased on organic growth, favorable mix and productivity.
2026 Financial Outlook
Dollars in millions, except EPS
2H’26E
Full Year 2026E
Net sales
$3,660 – $3,690
$7,160 – $7,190
Operating EBITDA(2)
$890 – $910
$1,750 – $1,770
Adjusted EPS(2)
$3.65 – $3.80
$7.17 – $7.32
“Our strong execution and market-driven growth continue to translate into higher earnings and free cash flow generation. As a result of our second quarter outperformance, we are again raising the midpoint of our full-year 2026 operating EBITDA guidance to approximately $1.76 billion and adjusted EPS guidance to $7.24 per share, while increasing our expectation for organic sales growth to slightly above 4%,” said Antonella Franzen, DuPont Chief Financial Officer.
“With continued strength across healthcare, industrial water, and aerospace end-markets, we expect mid-single digit organic sales growth in the second half and remain focused on driving profitable growth and value creation for shareholders.” Franzen concluded.
Conference Call
The Company will host a live webcast of its quarterly earnings conference call with investors to discuss its results and business outlook beginning today at 8:00 a.m. ET. The slide presentation that accompanies the conference call will be posted on the DuPont’s Investor Relations Events and Presentations page. A replay of the webcast also will be available on the DuPont’s Investor Relations Events and Presentations page following the live event.
About DuPont
DuPont (NYSE: DD) is a global innovation leader, providing advanced solutions that help transform industries and improve everyday life across our key markets of healthcare, water, construction, and industrial. More information about the company, its businesses and solutions can be found at www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.
DuPontTM and all products, unless otherwise noted, denoted with TM, SM or ® are trademarks, service marks or registered trademarks of affiliates of DuPont de Nemours, Inc.
Overview
On May 26, 2026, DuPont’s Board of Directors announced a reverse stock split of the Company’s common stock, par value $0.01 per share, at a ratio of 1-for-3, as well as a reduction in the number of authorized shares of its common stock by a corresponding ratio (the “Reverse Stock Split”), as approved by shareholders. The Reverse Stock Split became effective on June 24, 2026. All share and share-related information presented in these interim Consolidated Financial Statements has been retroactively adjusted in all periods presented to reflect the decreased number of shares resulting from the Reverse Stock Split and related impacts.
On April 1, 2026, DuPont completed the sale of the Aramids business (the “Aramids Business” and the divestiture of the Aramids Business, the “Aramids Divestiture”) to Arclin, a portfolio company of an affiliate of TJC LP for pre-tax cash proceeds of approximately $1.2 billion, subject to customary transaction adjustments, a note receivable in the principal amount of $300 million (the “Aramids Note Receivable”) and a non-controlling common equity interest (the “Aramids Equity Consideration”), valued at $325 million, in New Arclin U.S. Holding Corp., which now owns the Arclin global materials business and the Aramids Business. The financial results of the divested Aramids Business are reflected in DuPont’s interim Consolidated Financial Statements as discontinued operations, along with comparative periods.
On November 1, 2025, DuPont completed the separation of its semiconductor and interconnect solutions businesses (the “Electronics Business” and the separation of the Electronics Business, the “Electronics Separation”) into an independent public company, Qnity Electronics, Inc. (“Qnity”), by way of the distribution to DuPont’s stockholders of record as of October 22, 2025 of all the issued and outstanding common stock of Qnity on November 1, 2025 (the “Qnity Distribution”). As a result, the financial results of the divested Electronics Business are reflected in DuPont’s interim Consolidated Financial Statements as discontinued operations for all periods.
Cautionary Statement Regarding Forward-looking Statements
Certain statements in this release may be considered forward-looking statements, within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements often contain words such as “expect”, “anticipate”, “intend”, “plan”, “believe”, “seek”, “see”, “will”, “would”, “target”, “outlook”, “stabilization”, “confident”, “preliminary”, “initial”, “continue”, “may”, “could”, “project”, “estimate”, “forecast” and similar expressions and variations or negatives of these words. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements address matters that are, to varying degrees, uncertain and subject to risks, uncertainties, and assumptions, many of which are beyond DuPont’s control, that could cause actual results to differ materially from those expressed in any forward-looking statements.
Forward-looking statements are not guarantees of future results. Some of the important factors that could cause DuPont’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to (i) the ability to realize the intended benefits of the Electronics Separation and the Qnity Distribution, including achievement of the intended tax treatment, contractual allocation to, and assumption by Qnity of certain liabilities, including certain legacy liabilities with respect to per- and polyfluoroalkyl substances (“PFAS”) and the possibility of disputes, litigation or unanticipated costs in connection with the Electronics Separation and Qnity Distribution; (ii) the impact of the Aramids Divestiture on DuPont’s balance sheet, financial condition and future results of operations; (iii) risks and costs related to the impact of the arrangement to share future eligible PFAS costs by and among DuPont, Corteva, Inc. and The Chemours Company, including the outcome of pending or future litigation related to PFAS or PFOA, which includes personal injury claims and natural resource damages claims; the extent and cost of ongoing and potential future remediation obligations; and changes in laws and regulations applicable to PFAS chemicals; (iv) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the Electronics Separation, the Aramids Divestiture and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions; (v) risks and uncertainties that are outside the Company’s control but adversely impact the overall environment in which DuPont, its customers and/or its suppliers operate, including changes in economic, political, regulatory, international trade, geopolitical, military conflicts, capital markets and other external conditions, including pandemics and responsive actions, as well as natural and other disasters or weather-related events; (vi) the ability to offset increases in cost of inputs, including raw materials, energy and logistics; (vii) the risks and uncertainties associated with continuing or expanding geopolitical conflicts or trade disputes or restrictions and responsive actions, new or increased tariffs or export controls, including on exports to China of U.S.-regulated products and technology; (viii) other risks to DuPont’s business and operations, including the risk of impairment; (ix) risks and uncertainties in connection with completing the $2 billion share buyback announced on November 6, 2025, including timeline, associated costs and the possibility that the authorization may be suspended or discontinued prior to completion; (x) the ability to realize the intended benefits of the Reverse Stock Split; (xi) the impact of the invalidation of certain tariffs imposed under the International Emergency Economic Powers Act and (xii) other risk factors discussed in DuPont’s most recent annual report on Form 10-K, and subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.
Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business or supply chain disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on DuPont’s consolidated financial condition, results of operations, credit rating or liquidity. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. DuPont assumes no obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.
Non-GAAP Financial Measures
Unless otherwise indicated, all financial metrics presented reflect continuing operations only.
This communication includes information that does not conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”) and are considered non-GAAP measures. Management uses these measures internally for planning, forecasting and evaluating the performance of the Company, including allocating resources. DuPont’s management believes these non-GAAP financial measures are useful to investors because they provide additional information related to the ongoing performance of DuPont to offer a more meaningful comparison related to future results of operations. These non-GAAP financial measures supplement disclosures prepared in accordance with U.S. GAAP, and should not be viewed as an alternative to U.S. GAAP. Furthermore, such non-GAAP measures may not be consistent with similar measures provided or used by other companies. Reconciliations for these Non-GAAP measures to U.S. GAAP are provided in the Selected Financial Information and Non-GAAP Measures starting on page 12. Non-GAAP measures included in this communication are defined below. The Company has not provided forward-looking U.S. GAAP financial measures or a reconciliation of forward-looking non-GAAP financial measures to the most comparable U.S. GAAP financial measures on a forward-looking basis because the Company is unable to predict with reasonable certainty the ultimate outcome of certain future events. These events include, among others, the impact of portfolio changes, including asset sales, mergers, acquisitions, and divestitures; contingent liabilities related to litigation, environmental and indemnifications matters; impairments and discrete tax items. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP results for the guidance period.
Key Terms
Significant Items
Significant items are items that arise outside the ordinary course of business for the Company and includes items for nonconsolidated affiliates, that the Company’s management believes may cause misinterpretation of underlying business and investment performance, both historical and future, based on a combination of some or all of the item’s size, unusual nature and infrequent occurrence. Management classifies as significant items certain costs and expenses associated with integration and separation activities related to transformational acquisitions and divestitures as they are considered unrelated to ongoing business performance. There were no significant items associated with nonconsolidated affiliates recorded for the three and six month periods ended June 30, 2026 and June 30, 2025.
Future Reimbursable Indirect Costs
Indirect costs, such as those related to corporate and shared service functions previously allocated to the separated Electronics Business and Aramids Business, do not meet the criteria for discontinued operations and are reported within continuing operations in all respective periods presented. The Company has, is, will or expects to be reimbursed in accordance with the applicable transition service agreements (“TSAs”) for the portion of indirect costs related to activities the Company is, will or expects to undertake on a transitional basis to support a) Qnity not beyond year end 2027 for services and 2040 for site leases and, b) the Aramids Business post the Aramids Divestiture, but not beyond 2028 (such indirect costs “Future Reimbursable Indirect Costs”). Services provided and costs reimbursed in accordance with the applicable TSAs include but are not limited to, costs associated with information technology services/support, product stewardship and regulatory support, facilities services, and shared property lease costs.
Future Reimbursable Indirect Costs do not meet the criteria for discontinued operations and therefore are included in both GAAP Net Income from Continuing Operations and in GAAP Cash provided by operating activities-continuing operations for all periods presented. Future Reimbursable Indirect Costs are excluded from Adjusted Earnings, Operating EBITDA and Transaction-Adjusted Free Cash Flow, each defined below. Such indirect costs that are not subject to future reimbursement are reported within continuing operations in Corporate and are included within Adjusted Earnings, Operating EBITDA, and Cash provided by operating activities-continuing operations.
Corporate DDOB Remediation Costs
Corporate DDOB Remediation Costs are environmental remediation costs, including certain investigate, remediate and restoration costs, associated with discontinued or divested operations, businesses or product lines (“Corporate DDOB Remediation Costs”). DDOB Remediation Costs are excluded from Adjusted Earnings and Operating EBITDA, as defined below, to provide better insight into the underlying business performance of the Company.
Non-GAAP Measure Definitions
Organic Sales
Organic Sales is defined as net sales excluding the impacts of currency and portfolio.
Adjusted Earnings
Adjusted Earnings is defined as income from continuing operations excluding the after-tax impact of significant items, after-tax impact of amortization expense of intangibles, the after-tax impact of non-operating pension / other post employment benefits (“OPEB”) credits / costs, Future Reimbursable Indirect Costs and Corporate DDOB Remediation Costs.
Adjusted Earnings is the numerator used in the calculation of Adjusted EPS, as well as the denominator in Adjusted Free Cash Flow Conversion.
Adjusted EPS
Adjusted EPS is defined as Adjusted Earnings per common share – diluted. Management estimates amortization expense in 2026 associated with intangibles to be about $275 million on a pre-tax basis, or approximately $1.54 per share.
Operating EBITDA, EBITDA Margin & Incremental Margin
The Company’s measure of profit/loss for segment reporting purposes is Operating EBITDA as this is the manner in which the Company’s chief operating decision maker (“CODM”) assesses performance and allocates resources. The Company defines Operating EBITDA as earnings (i.e., “Income from continuing operations before income taxes”) before interest, depreciation, amortization, non-operating pension / OPEB benefits / charges, and foreign exchange gains / losses, excluding Future Reimbursable Indirect Costs, Corporate DDOB Remediation Costs, and adjusted for significant items. Reconciliations of these measures are provided on the following pages.
Operating EBITDA Margin is defined as Operating EBITDA divided by Net Sales.
Incremental Margin is the change in Operating EBITDA divided by the change in Net Sales for the applicable period.
Adjusted Free Cash Flow & Adjusted Free Cash Flow Conversion
Adjusted Free Cash Flow is defined as cash provided by/used for operating activities from continuing operations less capital expenditures and excluding the impact of cash inflows/outflows that are unusual in nature and/or infrequent in occurrence that neither relate to the ordinary course of the Company’s business nor reflect the Company’s underlying business liquidity. As a result, Adjusted Free Cash Flow represents cash that is available to the Company, after investing in its asset base, to fund obligations using the Company’s primary source of liquidity, cash provided by operating activities from continuing operations. Management believes Adjusted Free Cash Flow, even though it may be defined differently from other companies, is useful to investors, analysts and others to evaluate the Company’s cash flow and financial performance, and it is an integral measure used in the Company’s financial planning process. Management notes that there were no exclusions for items that are unusual in nature and/or infrequent in occurrence for the three and six month periods ended June 30, 2026.
Adjusted Free Cash Flow Conversion is defined as Adjusted Free Cash Flow divided by Adjusted Earnings. Management uses Adjusted Free Cash Flow Conversion as an indicator of our ability to convert earnings to cash.
Transaction Adjusted Free Cash Flow & Transaction Adjusted Free Cash Flow Conversion
Management believes supplemental non-GAAP financial measures including Transaction-Adjusted Free Cash Flow and Transaction-Adjusted Free Cash Flow Conversion (each defined below) provide an integral view of information on the Company’s underlying business performance during this period of transformational change. Management believes the Electronics Separation and Aramids Divestiture collectively represent a significant transformational change for the Company and separation-related transaction cost payments impact comparability to the Company’s continuing operations. Management believes Transaction-Adjusted Free Cash Flow, which may be defined differently from other companies, is useful to investors, analysts and others to evaluate the Company’s cash flow and financial performance, and it is an integral measure used in the Company’s financial planning process. These non-GAAP financial measures are not intended to represent residual cash flow for discretionary expenditures since other non-discretionary expenditures, such as mandatory debt service requirements, are not deducted from the measure.
Transaction-Adjusted Free Cash Flow is defined as cash provided by/used for operating activities from continuing operations less capital expenditures and removing the impact of separation-related transaction costs and other payment and cash inflows/outflows that are unusual in nature and/or infrequent in occurrence that neither relate to the ordinary course of the Company’s business nor reflect the Company’s underlying business liquidity.
Transaction-Adjusted Free Cash Flow Conversion is defined as Transaction-Adjusted Free Cash Flow excluding separation-related transaction costs, divided by Adjusted Earnings.
Separation-related transaction costs and other payments include cash outflows directly associated with the Electronics Separation and the Aramids Divestiture. These costs include advisor and banking fees, payments related to establishing a new capital structure (including fees associated with interest rate swaps), capital expenditures required to facilitate physical asset separation, restructuring payments associated with senior leadership, and Future Reimbursable Indirect Costs, among other expenditures.
Future Reimbursable Indirect Costs are excluded from Adjusted Earnings and Operating EBITDA. To provide comparable data analysis, the Company has also adjusted payments associated with Future Reimbursable Indirect Costs within Separation-related transaction costs and other payments. This adjustment is intended to provide insight into the Company’s underlying business performance. For the six months ended June 30, 2026, the Company adjusted $8 million associated with Future Reimbursable Indirect Costs within Separation-related transaction costs and other payments.
Additionally, $2 and $5 million were reflected in Separation-related transaction costs and other payments for the three and six month periods ended June 30, 2026, respectively, for capital expenditures incurred to complete the physical separation of shared locations.
Finally, $6 million of restructuring and short-term incentive program payments to former senior leadership were reflected in Separation-related transaction costs and other payments for the six month period ended June 30, 2026. These payments were reflected in other cash payments as they related to the establishment of the post-spin leadership structure.
DuPont de Nemours, Inc.
Consolidated Statements of Operations
Three Months Ended
June 30,
Six Months Ended
June 30,
In millions, except per share amounts (Unaudited)
2026
2025
2026
2025
Net sales
$ 1,819
$ 1,749
$ 3,500
$ 3,361
Cost of sales
1,180
1,143
2,259
2,212
Research and development expenses
42
53
89
103
Selling, general and administrative expenses
269
262
524
496
Amortization of intangibles
68
74
136
149
Restructuring and asset related (benefits) charges – net
(3)
—
43
39
Acquisition, integration and separation costs
7
55
7
105
Equity in earnings (loss) of nonconsolidated affiliates
9
9
8
(6)
Sundry income (expense) – net
42
(9)
78
91
Interest expense
41
84
81
167
Income from continuing operations before income taxes
$ 266
$ 78
$ 447
$ 175
Provision for income taxes on continuing operations
75
54
106
71
Income from continuing operations, net of tax
$ 191
$ 24
$ 341
$ 104
(Loss) income from discontinued operations, net of tax
(44)
46
(30)
(615)
Net income (loss)
$ 147
$ 70
$ 311
$ (511)
Net income attributable to noncontrolling interests
4
11
7
19
Net income (loss) available for DuPont common stockholders
$ 143
$ 59
$ 304
$ (530)
Per common share data:
Earnings per common share from continuing operations – basic
$ 1.38
$ 0.17
$ 2.45
$ 0.73
(Loss) earnings per common share from discontinued operations – basic
(0.32)
0.25
(0.22)
(4.53)
Earnings (loss) per common share – basic
$ 1.05
$ 0.42
$ 2.23
$ (3.80)
Earnings per common share from continuing operations – diluted
$ 1.37
$ 0.17
$ 2.43
$ 0.73
(Loss) earnings per common share from discontinued operations – diluted
(0.32)
0.25
(0.22)
(4.52)
Earnings (loss) per common share – diluted
$ 1.05
$ 0.42
$ 2.22
$ (3.79)
Weighted-average common shares outstanding – basic
135.9
139.6
136.3
139.6
Weighted-average common shares outstanding – diluted
136.8
139.9
137.2
139.9
DuPont de Nemours, Inc.
Condensed Consolidated Balance Sheets
In millions, except share amounts (Unaudited)
June 30, 2026
December 31, 2025
Assets
Current Assets
Cash and cash equivalents
$ 1,740
$ 715
Restricted cash and cash equivalents
42
42
Accounts and notes receivable – net
1,751
1,669
Inventories
1,210
1,172
Prepaid and other current assets
113
121
Assets of discontinued operations
—
1,856
Total current assets
$ 4,856
$ 5,575
Property, plant and equipment – net of accumulated depreciation (June 30,
2026 – $3,694; December 31, 2025 – $3,565)
3,379
3,464
Other Assets
Goodwill
7,840
7,915
Other intangible assets
2,789
2,936
Investments and noncurrent receivables
981
432
Deferred income tax assets
221
282
Deferred charges and other assets
995
971
Total other assets
$ 12,826
$ 12,536
Total Assets
$ 21,061
$ 21,575
Liabilities and Equity
Current Liabilities
Short-term borrowings
$ —
$ 60
Accounts payable
978
995
Income taxes payable
53
54
Accrued and other current liabilities
970
882
Liabilities of discontinued operations
—
314
Total current liabilities
$ 2,001
$ 2,305
Long-Term Debt
3,125
3,134
Other Noncurrent Liabilities
Deferred income tax liabilities
295
405
Pension and other post-employment benefits – noncurrent
400
432
Other noncurrent obligations
1,359
1,196
Total other noncurrent liabilities
$ 2,054
$ 2,033
Total Liabilities
$ 7,180
$ 7,472
Commitments and contingent liabilities
Stockholders’ Equity
Common stock (authorized 555,555,556 shares of $0.01 par value each;
issued 2026: 135,038,855 shares; 2025: 136,398,482 shares)
1
1
Additional paid-in capital
$ 38,710
38,721
Accumulated deficit
(24,326)
(24,278)
Accumulated other comprehensive loss
(616)
(525)
Total DuPont stockholders’ equity
$ 13,769
$ 13,919
Noncontrolling interests
112
184
Total equity
$ 13,881
$ 14,103
Total Liabilities and Equity
$ 21,061
$ 21,575
DuPont de Nemours, Inc.
Consolidated Statement of Cash Flows
Six Months Ended June 30,
In millions (Unaudited)
2026
2025
Operating Activities
Net income (loss)
$ 311
$ (511)
Loss from discontinued operations
(30)
(615)
Net income from continuing operations
$ 341
$ 104
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
309
326
Credit for deferred income tax and other tax related items
45
9
(Earnings) losses of nonconsolidated affiliates (in excess of) less than dividends received
(6)
7
Net periodic pension benefit costs
6
2
Periodic benefit plan contributions
(28)
(23)
Restructuring and asset related charges – net
43
39
Interest rate swap gain
—
(51)
Stock based compensation
27
22
Donatelle contingent earn-out true-up
(14)
(12)
Other net (income) loss
(2)
16
Changes in assets and liabilities, net of effects of acquired and divested companies:
Accounts and notes receivable
(88)
(213)
Inventories
(29)
(51)
Accounts payable
92
(19)
Other assets and liabilities, net
(64)
(5)
Cash provided by operating activities – continuing operations
$ 632
$ 151
Investing Activities
Capital expenditures
(178)
(172)
Proceeds and adjustments to proceeds from sales of businesses, net of cash divested
1,158
—
Other investing activities, net
9
7
Cash provided by (used for) investing activities – continuing operations
$ 989
$ (165)
Financing Activities
Changes in short-term borrowings
(60)
—
Purchases of common stock and forward contracts
(275)
—
Proceeds from issuance of Company stock
107
4
Employee taxes paid for share-based payment arrangements
(22)
(22)
Distributions to noncontrolling interests
(11)
(5)
Dividends paid to stockholders
(163)
(343)
Other financing activities, net
(1)
(7)
Cash used for financing activities – continuing operations
$ (425)
$ (373)
Cash Flows from Discontinued Operations
Cash (used for) provided by operations – discontinued operations
(158)
540
Cash used for investing activities – discontinued operations
(6)
(193)
Cash used for financing activities – discontinued operations
(3)
(17)
Cash (used for) provided by discontinued operations
$ (167)
$ 330
Effect of exchange rate changes on cash, cash equivalents and restricted cash
(7)
44
Increase (decrease) in cash, cash equivalents and restricted cash
$ 1,022
$ (13)
Cash, cash equivalents and restricted cash from continuing operations, beginning of period
757
1,834
Cash, cash equivalents and restricted cash from discontinued operations, beginning of period
3
58
Cash, cash equivalents and restricted cash at beginning of period
$ 760
$ 1,892
Cash, cash equivalents and restricted cash from continuing operations, end of period
1,782
1,817
Cash, cash equivalents and restricted cash from discontinued operations, end of period
—
62
Cash, cash equivalents and restricted cash at end of period
$ 1,782
$ 1,879
DuPont de Nemours, Inc.
Select Segment Information and Non-GAAP Measures
Net Sales by Segment
Three Months Ended
Six Months Ended
In millions (Unaudited)
Jun 30, 2026
Jun 30, 2025
Jun 30, 2026
Jun 30, 2025
Healthcare & Water Technologies
$ 856
$ 817
$ 1,662
$ 1,580
Diversified Industrials
963
932
1,838
1,781
Total
$ 1,819
$ 1,749
$ 3,500
$ 3,361
Net Sales Variance by Segment
Three Months Ended June 30, 2026
Organic Sales
Currency
Portfolio / Other
Total
Percent change from prior year (Unaudited)
Healthcare & Water Technologies
4 %
1 %
— %
5 %
Diversified Industrials
3
—
—
3
Total
4 %
— %
— %
4 %
Net Sales Variance by Segment
Six Months Ended June 30, 2026
Organic Sales
Currency
Portfolio / Other
Total
Percent change from prior year (Unaudited)
Healthcare & Water Technologies
3 %
2 %
— %
5 %
Diversified Industrials
2
1
—
3
Total
3 %
1 %
— %
4 %
Operating EBITDA by Segment
Three Months Ended
Six Months Ended
In millions (Unaudited)
Jun 30, 2026
Jun 30, 2025
Jun 30, 2026
Jun 30, 2025
Healthcare & Water Technologies
$ 258
$ 248
$ 502
$ 471
Diversified Industrials
213
199
413
384
Corporate 1
(23)
(24)
(53)
(72)
Total
$ 448
$ 423
$ 862
$ 783
1.
Corporate includes expenses of the Corporate function not allocated to specific business in the Company.
Equity in Earnings (Loss) of Nonconsolidated Affiliates by Segment
Three Months Ended
Six Months Ended
In millions (Unaudited)
Jun 30, 2026
Jun 30, 2025
Jun 30, 2026
Jun 30, 2025
Healthcare & Water Technologies
$ 1
$ —
$ 2
$ —
Diversified Industrials
—
—
(1)
—
Corporate 1
8
9
7
(6)
Total equity earnings (loss) included in operating EBITDA (GAAP)
$ 9
$ 9
$ 8
$ (6)
1.
Corporate includes the equity interest acquired in the Delrin® Divestiture transaction.
DuPont de Nemours, Inc.
Selected Financial Information and Non-GAAP Measures
Reconciliation of “Income from continuing operations, net of tax” to
“Operating EBITDA”
Three Months Ended
Six Months Ended
In millions (Unaudited)
Jun 30, 2026
Jun 30, 2025
Jun 30, 2026
Jun 30, 2025
Income from continuing operations, net of tax (GAAP)
$ 191
$ 24
$ 341
$ 104
+ Provision for income taxes on continuing operations
75
54
106
71
Income from continuing operations before income taxes
$ 266
$ 78
$ 447
$ 175
+ Depreciation and amortization
154
166
309
326
– Interest income 1, 2
24
18
34
35
+ Interest expense 3
41
84
81
166
– Non-operating pension/OPEB benefit (costs) credits 1
(1)
—
(1)
2
– Foreign exchange gains (losses), net 1
4
(14)
14
(17)
+ Future Reimbursable Indirect Costs
—
25
8
50
+ Corporate DDOB Remediation Costs
6
2
10
5
– Significant items charge
(8)
(72)
(54)
(81)
Operating EBITDA (non-GAAP)
$ 448
$ 423
$ 862
$ 783
1.
Included in “Sundry income (expense) – net”.
2.
The three and six months ended June 30, 2026 and 2025 excludes accrued interest income earned on employee retention credits. Refer to details of significant items on page 14.
3.
The six months ended June 30, 2025 excludes interest rate swap basis amortization. Refer to details of significant items on page 14.
Reconciliation of “Cash provided by operating activities – continuing
operations” to Adjusted Free Cash Flow 1 , Transaction-Adjusted Free
Cash Flow1 and calculation of “Adjusted Free Cash Flow Conversion”
and “Transaction-Adjusted Free Cash Flow Conversion”
Three Months Ended
Six Months Ended
In millions (Unaudited)
Jun 30, 2026
Jun 30, 2025
Jun 30, 2026
Jun 30, 2025
Cash provided by operating activities (GAAP) 2 – continuing operations
$ 400
$ 74
$ 632
$ 151
Capital expenditures
(76)
(50)
(178)
(172)
Adjusted free cash flow (non-GAAP)
$ 324
$ 24
$ 454
$ (21)
Separation-related transaction cost and other payments3
2
83
19
136
Transaction-adjusted free cash flow (non-GAAP)
$ 326
$ 107
$ 473
$ 115
Adjusted earnings (non-GAAP) 4
$ 257
$ 177
$ 483
$ 331
Adjusted free cash flow conversion (non-GAAP)
126 %
14 %
94 %
(6) %
Transaction-adjusted free cash flow conversion (non-GAAP)
127 %
60 %
98 %
35 %
1
Adjusted Free Cash Flow and Transaction-Adjusted Free Cash Flow are calculated on a continuing operations basis for all periods presented. Refer to the definitions of Non-GAAP metrics on pages 7-8 for additional information.
2
Refer to the Consolidated Statement of Cash Flows included in the schedules above for major GAAP cash flow categories as well as further detail relating to the changes in “Cash provided by operating activities – continuing operations” for the six month periods noted.
3
Other payments for the three months ended June 30, 2026 includes $2 million related of separation-related capital expenditures. Other payments for the six months ended June 30, 2026 includes $5 million of separation-related capital expenditures, $6 million related to restructuring and short-term incentive program payments associated with former senior leadership, and $8 million for Future Reimbursable Indirect Costs (as defined in our Non-GAAP definitions).
4
Refer to page 14 for the Non-GAAP reconciliations of Net income from continuing operations available for DuPont common stockholders to Adjusted Earnings (Non-GAAP).
DuPont de Nemours, Inc.
Selected Financial Information and Non-GAAP Measures
Significant Items Impacting Results for the Three Months Ended June 30, 2026
In millions, except per share amounts (Unaudited)
Pretax 1
Net
Income 2
EPS 3
Income Statement Classification
Reported earnings (GAAP)
$ 266
$ 187
$ 1.37
Less: Significant items
Acquisition, integration & separation costs
(7)
(5)
(0.04)
Acquisition, integration and separation costs
Restructuring and asset related benefits – net
3
—
—
Restructuring and asset related charges – net
Other benefits (credits), net 4
(4)
(3)
(0.02)
Sundry income (expense) – net; Selling, general and administrative expenses
Income tax items 5
—
(3)
(0.02)
Provision for income taxes on continuing operations
Total significant items
$ (8)
$ (11)
$ (0.08)
Less: Amortization of intangibles
(68)
(53)
(0.39)
Amortization of intangibles
Less: Non-op pension / OPEB benefit costs
(1)
(1)
(0.01)
Sundry income (expense) – net
Less: Corporate DDOB remediation costs
(6)
(5)
(0.03)
Selling, general and administrative expenses
Adjusted earnings (non-GAAP)
$ 349
$ 257
$ 1.88
Significant Items Impacting Results for the Three Months Ended June 30, 2025
In millions, except per share amounts (Unaudited)
Pretax 1
Net
Income 2
EPS 3
Income Statement Classification
Reported earnings (GAAP)
$ 78
$ 24
$ 0.17
Less: Significant items
Acquisition, integration and separation costs
(55)
(46)
(0.32)
Acquisition, integration and separation costs
Restructuring and asset related benefits – net
—
1
—
Restructuring and asset related charges – net
Interest rate swap mark-to-market loss 6
(27)
(21)
(0.15)
Sundry income (expense) – net
Other benefits (credits), net 7
10
8
0.06
Sundry income (expense) – net
Income tax items 8
—
(18)
(0.13)
Provision for income taxes on continuing operations
Total significant items
$ (72)
$ (76)
$ (0.54)
Less: Amortization of intangibles
(74)
(58)
(0.42)
Amortization of intangibles
Less: Non-op pension / OPEB benefit credits
—
—
—
Sundry income (expense) – net
Less: Future reimbursable indirect costs
(25)
(19)
(0.14)
Selling, general and administrative expenses
Less: Corporate DDOB remediation costs
(2)
—
—
Selling, general and administrative expenses
Adjusted earnings (non-GAAP)
$ 251
$ 177
$ 1.27
1.
Income (loss) from continuing operations before income taxes.
2.
Net income (loss) from continuing operations available for DuPont common stockholders. The income tax effect on significant items was calculated based upon the enacted tax laws and statutory income tax rates applicable in the tax jurisdiction(s) of the underlying non-GAAP adjustment.
3.
Earnings (loss) per common share from continuing operations – diluted.
4.
Includes benefits related to an adjustment of the Donatelle contingent earn-out liability ($8 million pre-tax benefit) and legal costs within the Healthcare & Water Technologies segment associated with a pending intellectual property matter ($7 million pre-tax cost), and legal costs associated with personal injury cases associated with Corian® Quartz, a product within the Diversified Industrials segment ($8 million pre-tax cost).
5.
Reflects the net impact of a valuation allowance release in Europe and a deferred tax asset reversal in the U.S.
6.
The three months ended June 30, 2025 includes non-cash mark-to-market loss related to the 2022 Swaps and 2024 Swaps and the interest settlement loss on the 2022 Swaps.
7.
Reflects the accrued interest earned on employee retention credits ($3 million pre-tax benefit), benefits related to an adjustment of the Donatelle contingent earn-out liability ($12 million pre-tax benefit) and legal costs within the Healthcare & Water Technologies segment associated with a pending intellectual property matter ($5 million pre-tax cost).
8.
Reflects the income tax impact of certain internal restructurings related to the Electronics Separation.
DuPont de Nemours, Inc.
Selected Financial Information and Non-GAAP Measures
Significant Items Impacting Results for the Six Months Ended June 30, 2026
In millions, except per share amounts (Unaudited)
Pretax 1
Net
Income 2
EPS 3
Income Statement Classification
Reported earnings (GAAP)
$ 447
$ 334
$ 2.43
Less: Significant items
Acquisition, integration & separation costs
(7)
(5)
(0.04)
Acquisition, integration and separation costs
Restructuring and asset related charges – net
(43)
(36)
(0.26)
Restructuring and asset related charges – net
Other benefits (credits), net 4
(4)
(3)
(0.02)
Sundry income (expense) – net; Selling, general and administrative expenses
Income tax items 5
—
15
0.11
Provision for income taxes on continuing operations
Total significant items
$ (54)
$ (29)
$ (0.21)
Less: Amortization of intangibles
(136)
(105)
(0.77)
Amortization of intangibles
Less: Non-op pension / OPEB benefit costs
(1)
(1)
(0.01)
Sundry income (expense) – net
Less: Future reimbursable indirect costs
(8)
(6)
(0.04)
Selling, general and administrative expenses
Less: Corporate DDOB remediation costs
(10)
(8)
(0.06)
Selling, general and administrative expenses
Adjusted earnings (non-GAAP)
$ 656
$ 483
$ 3.52
Significant Items Impacting Results for the Six Months Ended June 30, 2025
In millions, except per share amounts (Unaudited)
Pretax 1
Net
Income 2
EPS 3
Income Statement Classification
Reported earnings (GAAP)
$ 175
$ 102
$ 0.73
Less: Significant items
Acquisition, integration and separation costs
(105)
(89)
(0.63)
Acquisition, integration and separation costs
Restructuring and asset related charges – net
(39)
(32)
(0.23)
Restructuring and asset related charges – net
Interest rate swap mark-to-market loss 6
50
39
0.28
Sundry income (expense) – net; Interest expense
Other benefits (credits), net 7
13
11
0.08
Sundry income (expense) – net
Income tax items 8
—
(2)
(0.02)
Provision for income taxes on continuing operations
Total significant items
$ (81)
$ (73)
$ (0.52)
Less: Amortization of intangibles
(149)
(117)
(0.84)
Amortization of intangibles
Less: Non-op pension / OPEB benefit credits
2
2
0.01
Sundry income (expense) – net
Less: Future reimbursable indirect costs
(50)
(39)
(0.28)
Selling, general and administrative expenses
Less: Corporate DDOB remediation costs
(5)
(2)
(0.01)
Selling, general and administrative expenses
Adjusted earnings (non-GAAP)
$ 458
$ 331
$ 2.37
1.
Income (loss) from continuing operations before income taxes.
2.
Net income (loss) from continuing operations available for DuPont common stockholders. The income tax effect on significant items was calculated based upon the enacted tax laws and statutory income tax rates applicable in the tax jurisdiction(s) of the underlying non-GAAP adjustment.
3.
Earnings (loss) per common share from continuing operations – diluted.
4.
Reflects the accrued interest earned on employee retention credits ($3 million pre-tax benefit), benefits related to an adjustment of the Donatelle contingent earn-out liability ($14 million pre-tax benefit), legal costs within the Healthcare & Water Technologies segment associated with a pending intellectual property matter ($10 million pre-tax cost), and legal costs associated with personal injury cases associated with Corian® Quartz, a product within the Diversified Industrials segment ($11 million pre-tax cost).
5.
Reflects the 2026 income tax benefit primarily the result of a discrete tax benefit relating to a change in tax classification of a non-U.S. legal entity ($20 million pre-tax benefit).
6.
The six months ended June 30, 2025 includes non-cash mark-to-market gain related to the 2022 Swaps and 2024 Swaps and the interest settlement loss on the 2022 Swaps. The six months ended June 30, 2025 also includes basis amortization on the 2022 Swaps ($1 million pre-tax, reflected in “Interest expense” within the Consolidated Statements of Operations).
7.
Reflects the accrued interest earned on employee retention credits ($6 million pre-tax benefit), benefits related to an adjustment of the Donatelle contingent earn-out liability ($12 million pre-tax benefit), legal costs within the Healthcare & Water Technologies segment associated with a pending intellectual property matter ($5 million pre-tax cost).
8.
Reflects the income tax impact of certain internal restructurings related to the Electronics Separation.
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SOURCE DuPont
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Hong Kong Shopping Festival Marks Malaysia Debut with 100 Brands and Over 350 Products to Discover
Published
52 minutes agoon
September 21, 2026By
KUALA LUMPUR, Malaysia, Sept. 21, 2026 /PRNewswire/ — The Hong Kong Trade Development Council (HKTDC) today announced the launch of its inaugural Hong Kong Shopping Festival in Malaysia, marking the first time the event has expanded into an ASEAN market.
The festival runs from 21 to 27 September 2026, spotlighting some 100 brands and more than 350 featured products from Hong Kong across Beauty & Personal Care, Fashion, Food & Supplement, Fun & Smart Living, and Senior Wellness Essentials. Malaysia consumers can explore participating brands and products through Shopee, Lazada and the official Hong Kong Shopping Festival website.
Themed “Hong Kong Highlights, One Click Away”, the campaign brings the energy and variety of Hong Kong SAR‘s shopping scene closer to Malaysia consumers. From familiar household names to emerging brands and new finds, it offers shoppers a fresh way to experience the breadth of Hong Kong products while reconnecting with favourites they already know and love. Participating brands include Lee Kum Kee, CATALO, Chow Tai Fook, Chow Sang Sang, Wai Yuen Tong and Chicks, alongside a wider selection of brands and products.
Malaysia marks the first step into ASEAN
The Malaysia launch forms part of the initiative’s first expansion into ASEAN, with Malaysia and Singapore serving as its initial target markets. Following previous editions focused on the Chinese Mainland, the move marks a new phase for the programme as HKTDC looks to connect Hong Kong businesses with new consumers and markets across the region.
Supported by the HKSAR Government, the event gives consumers a trusted way to explore a curated selection of quality Hong Kong products. Throughout the week, shoppers can enjoy limited-time discounts of up to 50%, shopping vouchers and exclusive livestream offers as they discover participating brands across various online platforms.
Mr. Leung Kwan Ho, Regional Director, Southeast Asia & South Asia, HKTDC, said, “Hong Kong SAR has always had a strong connection with Malaysia consumers, from the brands they grew up with to the new products they continue to discover. Through the Hong Kong Shopping Festival, we hope to bring that experience closer to shoppers here, giving them an easy way to rediscover familiar favourites, uncover new brands and experience the diversity of what Hong Kong has to offer today.”
Bringing the shopping experience to life
Beyond browsing, the online shopping event will feature more than 30 hours of livestream shopping content led by popular livestream hosts and influencers in Malaysia and Singapore, giving consumers a more interactive way to engage with participating brands.
Through product demonstrations, first-hand reviews and real-time interaction, viewers can get a closer look at featured products and learn more about the brands behind them, while selected livestream sessions will also feature exclusive offers.
Dedicated campaign pages on Shopee and Lazada will also bring selected products and promotions together in one place, while the official festival website will feature participating brand information, promotional offers and curated recommendations throughout the week.
The Hong Kong Shopping Festival is the flagship annual event under HKTDC’s E-Commerce Express programme, which aims to help Hong Kong companies expand their cross-border e-commerce business and reach new markets. Through collaborations with leading e-commerce platforms, livestream promotions, and integrated marketing activities, HKTDC aims to help participating businesses enhance market visibility, gain practical cross-border e-commerce experience, and explore opportunities arising from the continued growth of ASEAN’s digital economy and e-commerce market.
The Hong Kong Shopping Festival (ASEAN) runs from 21 to 27 September 2026. For more information about the event, please visit Hong Kong Shopping Festival (ASEAN).
HKTDC’s Malaysia Office
Kenix Chua
Tel: (603) 2381 1061
Email: kuala.lumpur.office@hktdc.org
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SOURCE Hong Kong Trade Development Council
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01F Group Announces Investment in DANA, Indonesia’s Leading Digital Financial Company, Reinforcing Long-Term Confidence in Asia’s Fintech Opportunity
Published
52 minutes agoon
September 21, 2026By
SINGAPORE, Sept. 20, 2026 /PRNewswire/ — 01F Group through its growth-stage fintech private equity arm, 01Fintech, today announced its investment in DANA, Indonesia’s leading digital financial platform. The investment reflects 01F Group’s commitment to supporting resilient, locally rooted technology infrastructure that advances financial inclusion and supports Indonesia’s real economy. It also strengthens the Group’s presence in Asia’s fintech sector and reflects its conviction that Indonesia remains one of the region’s most dynamic digital-payments markets, underpinned by high digital adoption, a large consumer base and growing demand for technology-enabled financial services.
As Southeast Asia’s largest digital economy evolves, digital payments have become an essential part of everyday commerce for consumers and small businesses. Indonesia’s digital economy continues to expand rapidly, with digital payments projected to approach USD1 trillion by 2030.
DANA is a leading Indonesian digital e-wallet and digital financial services platform that serves consumers, merchants and financial institutions through a single, integrated ecosystem. Its scale and reach underscore the strength of its platform, including metropolitan and non-metropolitan regions and supports millions of users and micro, small, and medium enterprises (MSMEs), especially across Tier 2 to Tier 4 regions.
01F Group invests in category-defining platforms distinguished by sustainable unit economics, strong local execution, and meaningful utility for the communities they serve. Through this partnership, 01F Group leverages 01Fintech’s sector expertise and regional network to support DANA’s continued growth and the expansion of its financial-services offering.
Kenny Man, Founder and Managing Partner of 01F Group, stated:
“Our investment in DANA is grounded in three core convictions: the platform’s exceptional operational discipline, its essential role in empowering local MSMEs, and the team’s unwavering resilience. We are not just capital providers; we look forward to being a long-term partner to DANA as it continues to strengthen Indonesia’s digital financial infrastructure and broaden access to trusted financial services.”
Vince Iswara, Chief Executive Officer and Co-founder of DANA, said:
“We are pleased to welcome 01Fintech to DANA’s journey. Beyond capital, 01Fintech brings specialized fintech expertise, strategic regional connectivity, and a shared commitment to sustainable growth. Together, we remain focused on strengthening our core platform, supporting everyday merchants, and providing trusted financial tools to communities across Indonesia.”
Unlocking Ecosystem Value & Strategic Synergy
The investment strengthens 01F Group’s footprint in the regional fintech value chain. 01Fintech and DANA will explore opportunities to create value across the broader ecosystem, including:
Expand Credit & Capital Access: Connect MSMEs on the DANA platform with scalable lending and working capital solutions.Broaden access to financial services: Supporting access to products such as micro-insurance, digital savings and wealth-building tools for underserved users.Support regional connectivity: Leveraging 01F Group’s network to explore more efficient cross-border payment solutions for Indonesian merchants and consumers
01F Group and DANA share a commitment to using technology to support the real economy and create durable value for Indonesian businesses and consumers.
About 01F Group
01F Group is a global investment platform that backs visionary founders and CEOs building next generation technology leaders. The Group combines specialised capital with deep operational partnership to help companies bridge innovation and execution, making digital ecosystems more accessible and scalable. Through a family of focused funds, 01F Group supports companies at different stages of their growth journey: 01Fintech, a growth-stage, Asia-focused private equity strategy that empowers fintech entrepreneurs to innovate and scale, with a particular emphasis on digital financial inclusion; 01F GPS (Global Partner Solutions) scales proven technologies into global market leaders through execution-focused partnerships and joint ventures; and the 01F Intelligence Fund, an investment platform focused on trusted AI systems for the global economy.
Together, 01Fintech, 01F GPS and the 01F Intelligence Fund reflect the Group’s long-term approach to technology value creation: backing category‑defining companies, commercialising proven technologies globally and participating in the next wave of growth across fintech, AI and the wider digital economy.
For more information, please visit www.01fgroup.com.
About DANA
DANA (PT DANA Digital Group) is Indonesia’s leading digital financial platform, playing a pivotal role in advancing financial inclusion and accelerating the country’s digital economy through secure, trusted, and innovative financial services. Since 2018, DANA’s integrated ecosystem, including digital payments, QRIS, money transfers, and AI-powered financial solutions, empowers millions of users, businesses, and financial institutions. DANA continues to advance AI innovation, cybersecurity, and fraud prevention, delivering secure financial experiences while helping improve the financial wellbeing of Indonesians.
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SOURCE 01F Group
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NETMARBLE WRAPS UP TOKYO GAME SHOW 2026 WITH THREE UPCOMING TITLES
Published
52 minutes agoon
September 21, 2026By
Second consecutive TGS appearance featured three upcoming titles, with hands-on demos, live stage programs and interactive experiences
SEOUL, South Korea, Sept. 21, 2026 /PRNewswire/ — Netmarble, a leading developer and publisher of high-quality games, successfully concluded its second consecutive appearance at Tokyo Game Show (TGS). The company showcased three upcoming titles: Shangri-La Frontier: The Seven Colossi, Solo Leveling: KARMA and Pearl in Blue.
Following its TGS debut in 2025 with MONGIL: STAR DIVE and The Seven Deadly Sins: Origin, Netmarble returned with three titles this year, while its booth grew from 56 units to 63 units. Attendees were able to experience each game through hands-on demos alongside live stage programs and other on-site activities.
HANDS-ON DEMOS AND LIVE PROGRAMS ACROSS THREE UPCOMING TITLES
Shangri-La Frontier: The Seven Colossi, the first-ever game adaptation of the hit Shangri-La Frontier IP, was presented in playable form for the first time at TGS 2026. Attendees experienced its tag-based collectible RPG gameplay, while stage programs featuring the development team and members of the anime voice cast highlighted the game’s combat and strategic elements.
Solo Leveling: KARMA offered an early hands-on look at its fast-paced roguelite action and original story set within the Solo Leveling universe. Players battled through the Dimensional Gap using different combinations of weapons and buffs, while live gameplay challenges featured members of the anime voice cast and popular gaming creators.
Pearl in Blue was also presented in playable form for the first time, introducing its original world and characters through hands-on gameplay and an immersive themed booth. Voice performances and character-focused stage programs further highlighted the game’s character-driven storytelling and anime-inspired cinematic presentation.
A STRONG RESPONSE ACROSS THE SHOW
The three titles drew steady interest throughout TGS 2026, giving players an early opportunity to experience the games ahead of release and share direct feedback with the development teams.
More information on the three titles will be announced through their respective official channels.
© Katarina, Ryosuke Fuji/KODANSHA © Netmarble Corp. & Netmarble Nexus Inc. All Rights Reserved.
©Solo Leveling Animation Partners ©Netmarble Corp. & Netmarble Neo Inc. All Rights Reserved.
©Netmarble Corp. & Netmarble N2 Inc. All Rights Reserved.
About Netmarble Corporation
Founded in Korea in 2000, Netmarble Corporation is a leading global game developer and publisher. Through acclaimed franchises and strategic partnerships with top-tier IP holders, the company delivers innovative and engaging gaming experiences to audiences worldwide. As a parent company of Kabam, SpinX Games, Jam City, and a major shareholder of HYBE and NCSOFT, Netmarble’s diverse portfolio includes Solo Leveling:ARISE, Seven Knights Idle Adventure, Tower of God: New World, Lineage 2: Revolution, MARVEL Future Fight, Ni no Kuni: Cross Worlds and The Seven Deadly Sins: Grand Cross. More information can be found at http://company.netmarble.com.
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SOURCE Netmarble
Hong Kong Shopping Festival Marks Malaysia Debut with 100 Brands and Over 350 Products to Discover
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NETMARBLE WRAPS UP TOKYO GAME SHOW 2026 WITH THREE UPCOMING TITLES
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