FMC cuts Q3 outlook, expects $625 million to $675 million in commercial action charges
FMC Corporation said on October 15, 2026 that third-quarter revenue is now expected to be $65 million to $125 million, with Adjusted EBITDA of negative $565 million to negative $510 million. The estimates include $625 million to $675 million in charges tied to commercial actions, including lower prices on select products held by channel customers in Brazil, Argentina, the United States and Canada, and a change to its U.S. selling and pricing model. The company also said it may record a material non-cash impairment charge and expects to be in compliance with covenants at September 30, 2026.
- Q3 revenue now expected at $65 million to $125 million; Adjusted EBITDA expected at negative $565 million to negative $510 million.
- Commercial actions are expected to cause $625 million to $675 million in charges affecting revenue and Adjusted EBITDA.
- A triggering event led to an intangible asset impairment review as of September 30, 2026; the company may record a material non-cash charge and has not finalized quarterly results.
- Full third-quarter results are due October 29, 2026, with preliminary 2027 and 2028 expectations on the October 30 earnings call.