ALBEMARLE CORP (ALB) Form 10-Q — Nov 4, 2026
Albemarle's Q3 2026 net sales rose 19% YoY to $1.55 billion and adjusted EBITDA surged 186% to $645.5 million, with the company swinging from a $160.7M loss in Q3 2025 to $296.8M in net income. Diluted EPS was $2.15 versus a $(1.72) loss a year ago, driven by a 39% increase in lithium-linked pricing and strong Windfield JV equity earnings of $205.4M in the quarter. The company aggressively deleveraged during the period, repaying roughly $1.3 billion of debt in the first nine months using ~$648 million in combined proceeds from the Refining Solutions and Eurecat divestitures.
Key figures
- Eps
- 2.15
- Revenue
- 1553097000
- Guidance
- Expects Energy Storage net sales and profitability to increase YoY in 2026 on higher average lithium pricing; volumes relatively flat to slightly down due to CGP3 fire remediation (now complete). Expects Specialties 2026 sales and profitability above 2025 on improved bromine pricing and modest volume growth. Expects additional Kemerton Train 1 charges of $60M-$80M through 2027.
- Net Income
- 296755000
- Total Debt
- 1900000000
- Revenue Yoy
- 19%
- Total Assets
- 16083315000
- Cash Position
- 1845999000
- Shares Outstanding
- 118009849
- Liquidity
- approximately $3.4 billion
- Eurecat gain
- 42300000
- Capex 9m 2026
- 250781000
- Gross margin q3
- 19.4%
- Debt repayment 9m 2026
- 1331231000
- Windfield q3 net sales
- 795854000
- Adjusted ebitda q3 2026
- 645510000
- Specialties q3 net sales
- 388611000
- Adjusted ebitda yoy change
- 186%
- Energy storage q3 net sales
- 1118795000
- Operating cash flow 9m 2026
- 1462037000
- Operating cash flow yoy change
- 64%
- Loss on refining solutions sale
- 95018000
- Energy storage q3 adj ebitda yoy
- 351%
AI analysis
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