Earnings Releases·Oct 30, 2026, 6:31 AM ET

LyondellBasell — Third Quarter 2026 Earnings Summary

Reported net income of $758 million ($2.32 per diluted share) for Q3 2026, a significant recovery from a $890 million loss in the prior year period and an increase from $559 million in Q2 2026; nine-month net income reached $1.442 billion versus a $598 million loss in the prior year.
Q3 sales of $8.5 billion declined sequentially from $9.2 billion in Q2 but rose from $7.7 billion in Q3 2025, while EBITDA improved to $1.42 billion from $1.25 billion in Q2 and a $480 million loss in Q3 2025.
Completed the divestiture of select European O&P assets in May 2026 and announced permanent closure of the Dutch PO joint venture, while maintaining capital allocation priorities on deleveraging, safety, and an attractive dividend.
Fourth quarter outlook anticipates operating rates of 85% for North American O&P, 60% for European O&P, and 75% for Intermediates & Derivatives, citing normal seasonal demand, working capital releases, and ongoing supply uncertainty in the Middle East.
Intermediates and Derivatives segment delivered materially higher profitability driven by strong oxyfuels margins, while Americas O&P profitability declined due to lower polymer and olefin prices.