FMC Q1 net loss widens to $281 million as revenue falls 4%; full-year outlook reaffirmed
FMC reported first-quarter 2026 revenue of $759 million, down 4% from a year earlier, and a GAAP net loss of $281 million, compared with a $16 million loss in the prior-year quarter. Adjusted EBITDA fell 40% to $72 million, and the company reaffirmed its full-year 2026 guidance, which calls for a 17% decline in Adjusted EBITDA at the midpoint. The filing also says FMC is evaluating strategic alternatives, with no assurance that the process will result in a transaction.
Key points
- Q1 2026 revenue was $759 million, down 4% versus Q1 2025; organic revenue declined 9%.
- GAAP loss was $2.25 per diluted share versus a $0.12 loss a year earlier; the period included a $124.7 million non-GAAP tax adjustment tied to valuation allowances.
- Adjusted loss per diluted share was $0.23, versus Adjusted earnings of $0.18 per share a year earlier.
- Full-year 2026 guidance was reaffirmed: revenue excluding India of $3.60 billion to $3.80 billion and Adjusted EBITDA of $670 million to $730 million. Second-quarter revenue is guided to $850 million to $900 million.
The filing
Written by AI on Nov 8, 2026, 6:59 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 April 29, 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.