Albemarle — Third Quarter 2026 Earnings Summary

Albemarle Corporation reported third-quarter 2026 net sales of $1.6 billion, representing an 18.8% year-over-year increase driven by higher pricing in Energy Storage and Specialties segments. The company achieved net income of $297 million and adjusted EBITDA of $646 million, with Energy Storage adjusted EBITDA surging 351% due to improved lithium pricing. Albemarle raised its full-year 2026 outlook for Specialties adjusted EBITDA to a range of $350-$375 million and reduced its capital expenditure forecast to $300-$350 million. Additionally, the company delivered over $150 million in year-to-date cost and productivity improvements and reported free cash flow of $325 million for the quarter.