Earnings Releases·Nov 4, 2026, 4:19 PM ET

Albemarle — Third Quarter 2026 Earnings Summary

Net sales reached $1.6 billion (up 19% YoY) with net income of $297 million ($2.15/share) reversing a $160.7 million loss from the prior-year quarter; Adjusted EBITDA surged 186% YoY to $646 million.
Full-year 2026 Specialties adjusted EBITDA guidance raised to $350-$375 million (from $275-$325 million), while capital expenditure forecast reduced to $300-$350 million (from ~$500 million) reflecting improved capital efficiency.
Energy Storage segment drove growth with $1.1 billion in sales (up 58% YoY) and $560 million Adjusted EBITDA (up 351%), though Q4 2026 results are expected to decrease sequentially due to lower pricing and higher-cost inventory consumption.
Strategic updates include the sale of a 51% stake in Ketjen's refining catalyst business (now equity income), a $1.3 billion debt tender completed in Q1, and Talison's CGP3 achieving 30 days of nameplate performance in September.