LyondellBasell Industries (LYB) Q3 FY2026 earnings: revenue $8.5 billion, up 10.0% on the year

LyondellBasell Industries N.V. (LYB) announced its results for Q3 FY2026, the quarter ended 30 September 2026, on 30 October 2026. Revenue was $8.5 billion, up 10.0% on the same quarter a year earlier. Net income was $758 million, and diluted earnings per share $2.32. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

Revenue$8.5 billionup 10.0%

Net income$758 million

Diluted EPS$2.32-$2.77 a year earlier

QuarterQ3 FY2026ended 30 September 2026

What management said

Guidance figures: 2 lowered, 1 kept.

Net income and EPS rose sequentially: Net income was $758 million, or $2.32 per diluted share, against $559 million and $1.71 in the second quarter. Excluding identified items, diluted EPS was $2.54, against $4.30 in the second quarter.
EBITDA of $1.4 billion, $1.5 billion adjusted: EBITDA was $1.4 billion, or $1.5 billion excluding identified items, compared with $1.3 billion and $2.1 billion in the second quarter. Nine-month EBITDA was $3.2 billion.
O&P Americas profit fell sequentially: O&P - Americas profitability fell from the second quarter, driven by lower prices for polymers and olefin products.

Read the earnings call summary

The quarter, against the one before and a year earlier

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Revenue	8,499	9,177	7,727	+10.0%
Net income	758	559	-890	n/a
Diluted EPS	$2.32	$1.71	-$2.77	n/a

$ million except per share.

Q3 FY2026 is from the company's press release of 30 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right.

Quarterly results, the last 20 quarters filed

	Q3 FY2021	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024 †	Q2 FY2024 †	Q3 FY2024 †	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	12,700	12,830	13,157	14,838	12,250	10,206	10,247	10,306	10,625	9,929	8,304	8,678	8,604	9,497	7,677	7,658	7,727	n/a	7,197	9,177
Cost of revenue	10,109	10,934	11,136	12,267	11,088	9,356	8,864	8,868	9,177	8,940	7,200	7,244	7,303	8,747	7,128	6,871	6,821	n/a	6,496	7,139
Gross profit	2,591	1,896	2,021	2,571	1,162	850	1,383	1,438	1,448	989	1,104	1,434	1,301	750	549	787	906	n/a	701	2,038
Gross margin	20%	15%	15%	17%	9%	8%	13%	14%	14%	10%	13%	17%	15%	8%	7%	10%	12%	n/a	10%	22%
R&D	30.0	33.0	32.0	32.0	31.0	29.0	33.0	32.0	31.0	34.0	32.0	33.0	31.0	39.0	34.0	35.0	34.0	n/a	36.0	34.0
SG&A	313	328	328	329	319	334	385	395	378	399	421	402	400	426	401	435	401	n/a	411	387
Operating income	2,248	911	1,661	2,141	812	487	713	1,011	1,014	315	651	999	865	-659	114	285	-731	n/a	239	1,543
Operating margin	18%	7%	13%	14%	7%	5%	7%	10%	10%	3%	8%	12%	10%	-7%	1%	4%	-9%	n/a	3%	17%
Interest expense	126	153	74.0	58.0	70.0	85.0	116	115	125	121	127	120	118	116	107	118	130	n/a	138	138
Pre-tax income	2,215	866	1,637	2,023	727	389	642	905	901	179	543	1,199	777	-878	59.0	224	-856	n/a	137	808
Tax rate	20%	16%	19%	19%	21%	9%	26%	21%	17%	-4%	20%	21%	19%	n/a	61%	31%	n/a	n/a	-1%	29%
Net income	1,762	726	1,320	1,644	572	353	474	715	747	185	473	924	573	-603	177	115	-890	n/a	125	559
Net margin	14%	6%	10%	11%	5%	3%	5%	7%	7%	2%	6%	11%	7%	-6%	2%	2%	-12%	n/a	2%	6%
Diluted EPS	$5.25	$2.18	$4.00	$4.98	$1.75	$1.07	$1.44	$2.18	$2.29	$0.56	$1.44	$2.82	$1.75	-$1.87	$0.54	$0.34	-$2.77	n/a	$0.38	$1.71
Operating cash flow	2,143	3,079	1,502	1,599	1,414	1,604	482	1,290	1,666	1,504	-114	1,348	670	1,915	-579	351	983	n/a	-269	752
Capital expenditure	514	674	446	532	439	473	352	301	394	484	483	484	368	504	483	539	406	n/a	269	270
Free cash flow	1,629	2,405	1,056	1,067	975	1,131	130	989	1,272	1,020	-597	864	302	1,411	-1,062	-188	577	n/a	-538	482
Buybacks	78.0	385	217	45.0	158	0.0	70.0	100	41.0	0.0	0.0	75.0	42.0	78.0	110	91.0	0.0	n/a	0.0	0.0
Dividends paid	380	376	371	2,093	395	387	389	408	407	406	408	438	437	437	433	445	443	n/a	224	224
Shares outstanding	334m	330m	328m	327m	326m	326m	325m	325m	324m	324m	325m	325m	325m	324m	323m	322m	322m	322m	323m	323m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* 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 fourth quarter left blank is one the arithmetic cannot give yet: the annual report changed the basis of the year (a business sold or spun off, a line regrouped), so the year less the three quarters as first filed would not be a quarter of anything. It fills in once the three quarters have been refiled on the new basis. 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.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 30 October 2026 with a Form 8-K: the release.