Albemarle Q2 net sales rise 31% to $1.7 billion; raises Specialties outlook
Albemarle reported second-quarter 2026 net sales of $1.7 billion, up 31% from a year earlier, and net income attributable to the company of $480 million, or $3.52 per diluted share, compared with a loss of $0.16 per share in the prior-year quarter. The company raised its full-year Specialties net sales and adjusted EBITDA outlook and lowered its full-year capital expenditure forecast to about $500 million, while saying the June 9 fire at Talison CGP3 is expected to have minimal impact on Energy Storage sales volume.
Key points
- Net sales of $1.7 billion, up 31%; Energy Storage net sales of $1.3 billion, up 78%, driven by higher pricing.
- Adjusted EBITDA of $858 million, up 155%; adjusted diluted income per share of $3.75 versus $0.11 a year earlier.
- Full-year 2026 Specialties outlook raised to net sales of $1.4 to $1.6 billion and adjusted EBITDA of $275 to $325 million.
- Full-year capital expenditures now approximately $500 million; earnings teleconference set for August 6, 2026 at 8:00 AM Eastern.
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 August 05, 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.