AVNT — what changed in the latest 10-Q
A section-by-section comparison of AVNT's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-07 vs the prior 10-Q · 2025-11-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +17 | −23 | ~15 | 18 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-07
Net income attributable to noncontrolling interests(0.1)(0.3)0.2 nm
Earnings (loss) per share attributable to Avient common shareholders - Diluted:$0.61 $(0.22)
Selling and administrative expense decreased $85.7 million for the three months ended March 31, 2026, primarily driven by the Company's decision to cease development of the cloud-based enterprise resource planning system, S/4HANA, in 2025, which resulted in an impairment charge of $71.6 million and …
Interest expense, net decreased $4.9 million for the three months ended March 31, 2026, primarily driven by the benefit of reduced interest rates resulting from refinancing activity during 2025, in addition to prepayments on Avient's senior secured term loan totaling $150.0 million during 2025.
During the three months ended March 31, 2026, the Company’s effective tax rate of 22.8% was above the U.S federal rate of 21.0% primarily due to foreign earnings mix, U.S. global intangible low-taxed income (GILTI), and withholding taxes on foreign earnings. These unfavorable items were partially of…
Text removed vs the prior filing · source: 10-Q · 2025-11-05
Earnings per share attributable to Avient common shareholders - Basic:$0.36 $0.42 $0.71 $1.33
Sales decreased $8.7 million, or 1.1%, in the three months ended September 30, 2025 compared to the three months ended September 30, 2024. Favorable foreign currency impacts were 1.8%, while sales, excluding the impacts of foreign exchange, decreased 2.9%. The sales decline was primarily within the …
Gross margin as a percentage of sales was 31.4% for the nine months ended September 30, 2025 compared to 32.0% for the nine months ended September 30, 2024. This decrease was driven primarily by higher restructuring charges of $14.3 million and higher operating costs, primarily associated with plann…
Selling and administrative expense decreased $6.4 million for the three months ended September 30, 2025, primarily driven by productivity initiatives and lower incentive compensation cost. Selling and administrative expense increased $68.6 million for the nine months ended September 30, 2025, primar…
Interest expense, net decreased $2.7 million and $4.3 million for the three and nine months ended September 30, 2025, respectively, primarily driven by the benefit of reduced interest rates resulting from previous refinancing activity, in addition to prepayments totaling $100.0 million made on our s…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice