Albemarle Q2 FY26 net income swings to profit at $480 million; net sales rise 31.1% to $1.74 billion vs Q2 FY25
Reuters2026/08/05 21:18- Albemarle posted Q2 net sales of $1.74 billion, up 31% year over year, while net income swung to $480 million.
- Diluted EPS swung to $3.52; adjusted EBITDA rose to $858 million, more than doubled from a year earlier.
- Energy Storage net sales climbed to $1.28 billion, up 77.9%, while average realized price rose 60.5% to $19.53/kg LCE.
- Specialties net sales increased to $423.5 million, up 20.5%, while adjusted EBITDA rose to $117.7 million, up 61.3%.
- Kent Masters cited improved pricing, strength in Specialties, cost execution, and cash generation; Albemarle cut 2026 capex outlook to about $500 million.
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