Albemarle Q1 2026 net income rises to $319 million as net sales climb 33%
Albemarle reported first-quarter 2026 net sales of $1.4 billion, up 33% from a year earlier, and net income attributable to the company of $319 million, or $2.34 per diluted share, compared with a loss of $(0.00) per share in the prior-year quarter. The company raised its Specialties outlook for sales and adjusted EBITDA and maintained its enterprise outlook scenarios, citing supply chain costs in the Middle East.
Key points
- Net sales of $1.4 billion, up 33%, driven by Energy Storage (price +51%, volumes +14%) and Specialties (volumes +7%, price +2%)
- Net income attributable to Albemarle of $319 million; adjusted diluted EPS of $2.95 versus $(0.18) a year earlier
- Adjusted EBITDA of $664 million, up 148%; the company paid down $1.3 billion of debt in March 2026
- Specialties FY 2026 outlook improved; enterprise outlook scenarios maintained; capital expenditure forecast kept at $550 million to $600 million
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.