Albemarle (ALB) Q2 FY2026 earnings: revenue $1.7 billion, up 31.1% on the year
Albemarle Corp. (ALB) reported revenue of $1.7 billion for Q2 FY2026, the quarter ended 30 June 2026, up 31.1% on the same quarter a year earlier. Net income was $480 million, up 1996.2% on the year, and diluted earnings per share $3.52. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.
Revenue
$1.7 billion
+31.1% on the year · +22.0% on the quarter
Q3 FY2024Q2 FY2026
Operating margin
26.0%
3.6% a year earlier
Q3 FY2024Q2 FY2026
Net income
$480 million
+1,996.2% on the year · +50.4% on the quarter
Q3 FY2024Q2 FY2026
Diluted EPS
$3.52
+50.4% on the quarter
Q3 FY2024Q2 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
Net sales rose 31% on higher prices: Net sales were $1.7 billion, up 31% from $1.3 billion, driven by higher pricing in Energy Storage and Specialties and higher Specialties volume.
Adjusted EBITDA up 155% to $858M: Adjusted EBITDA was $858 million, up 155%, or 49.2% of net sales against 25.3% a year earlier. Management attributed the increase mainly to pricing in both segments, Specialties volumes and cost and productivity gains.
Energy Storage sales up 78% on price: Energy Storage net sales were $1.3 billion, up 78%. Sales volume was 65 kilotons LCE against 59, and average realized price was $19.53 per kg LCE against $12.17.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q2 FY2026
Q1 FY2026
Q2 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
710
346
-7.2
+105.1%
Capital expenditure
71.7
98.7
120
-27.3%
-40.0%
Free cash flow
638
248
-127
+157.8%
Free cash flow margin
36.6%
17.3%
-9.5%
Cash from investing
-80.4
541
363
Cash from financing
-80.1
-1,413
-90.6
Depreciation and amortisation
156
158
169
-1.3%
-7.7%
Share-based compensation
6.8
7.9
10.1
-14.0%
-32.9%
Dividends paid
47.7
47.7
47.6
+0.1%
+0.1%
Dividend per share
$0.41
$0.41
$0.41
0.0%
0.0%
Diluted shares, weighted
136m
119m
118m
+14.8%
+15.8%
Shares outstanding at period end
118m
118m
118m
+0.1%
+0.3%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q2 FY2026
Q1 FY2026
Q2 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
10,275
9,850
10,241
+4.3%
+0.3%
Non-controlling interest
259
258
258
+0.3%
+0.1%
Debt
1,877
1,882
3,623
-0.3%
-48.2%
Operating lease liabilities
95.7
100
94.5
-4.6%
+1.3%
Finance lease liabilities
101
102
112
-1.0%
-10.1%
Other liabilities
3,298
2,948
2,963
+11.9%
+11.3%
Total liabilities and equity
15,905
15,140
17,292
+5.1%
-8.0%
Fixed assets
8,459
8,525
9,253
-0.8%
-8.6%
Goodwill
1,483
1,488
1,671
-0.4%
-11.3%
Intangible assets
202
208
235
-2.7%
-14.0%
Investments
1,109
1,023
890
+8.5%
+24.6%
Cash and equivalents
1,632
1,090
1,807
+49.7%
-9.7%
Receivables
604
523
766
+15.5%
-21.2%
Inventory
1,385
1,347
1,641
+2.8%
-15.6%
Other assets
1,032
936
1,029
+10.2%
+0.3%
Total assets
15,905
15,140
17,292
+5.1%
-8.0%
Questions
What was Albemarle's revenue in Q2 FY2026?
Albemarle (ALB) reported revenue of $1.7 billion for Q2 FY2026, the quarter ended 30 June 2026, up 31.1% on the same quarter a year earlier.
How much did Albemarle earn in Q2 FY2026?
Net income for Q2 FY2026 was $480 million, up 1996.2% on the year, and diluted earnings per share $3.52.
When did Albemarle report Q2 FY2026 results?
Albemarle filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 5 August 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 June 2026, filed 5 August 2026: the filing.