EarningsQ2 2026 Earnings Report
MX:ALB Q2 2026 EPS Results
Actual EPS$68.10
Consensus EPS$58.17
Beat/MissBeat by +$9.93
One Year Ago EPS$2.00
MX:ALB Q2 2026 Revenue Results
Actual Revenue$31.66B
Expected Revenue$29.18B
Beat/MissBeat by +$2.48B
YoY Revenue Growth+31.08%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
MX:ALB Upcoming Earnings
Albemarle's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:ALB Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strong operational and financial quarter highlighted by robust top‑line growth (net sales +31%), outsized EBITDA expansion (+155%), exceptional cash generation (Q2 cash from operations $710M and $638M FCF) and meaningful cost/productivity gains. Management raised Specialties outlook, advanced DLE pilot results (>90% recoveries) and signaled disciplined capital allocation with attractive brownfield growth options. Offsetting risks include a June fire at Greenbushes (CGP3) that delayed some volume, tight industry inventories and spodumene supply constraints, supply chain impacts from Middle East disruptions (estimated $70–$90M effect), and near‑term margin sensitivity from spodumene price timing. Overall, the positive operational execution, strong cash flow and upgraded outlooks outweigh the near‑term operational and market headwinds.Company Guidance
Strong Revenue and EBITDA Growth
Second quarter net sales of $1.7 billion, up 31% year‑over‑year; adjusted EBITDA of $858 million, up 155% year‑over‑year; enterprise adjusted EBITDA margin expanded to 49%.
Robust Cash Generation and Free Cash Flow
Generated $710 million of cash from operations in Q2 (>80% operating cash conversion for the quarter) and $638 million of free cash flow; first half operating cash flow conversion at the high end of the long‑term 60%–70% target.
Energy Storage Segment Strength (Pricing & Profitability)
Energy storage net sales rose 78% year‑over‑year; energy storage adjusted EBITDA increased 229% year‑over‑year; Q2 sales volumes were 65,000 tons LCE with an average realized price of approximately $20/kg LCE (noting realized price ~15% below market due to product mix and timing effects).
Specialties Performance and Upgraded Outlook
Specialties net sales of $424 million, up 20% year‑over‑year; adjusted EBITDA $118 million, up 61% year‑over‑year; adjusted EBITDA margin 28% (up 700 bps YOY). Company increased full‑year Specialties guidance to $1.4–$1.6 billion net sales and $275–$325 million adjusted EBITDA.
Cost & Productivity Improvements
Achieved approximately $100 million of run‑rate savings year‑to‑date and on track for the high end of the $100–$150 million full‑year target. ~40% of savings from supply chain/back‑office and ~60% from manufacturing/yield and debottlenecking (La Negra, JBC, China conversion sites).
Market Demand Strength — Lithium & Stationary Storage
Global lithium consumption up 45% year‑over‑year through May. Raised 2026 stationary storage forecast to 900–1,100 GWh (up 11%, +100 GWh vs prior forecast) and raised the low end of 2030 stationary storage to 1,500–2,000 GWh (up ~9%), increasing the low end of 2030 total lithium demand forecast by ~100,000 tons.
Resource & Technology Progress — DLE at Salar de Atacama
Submitted environmental assessment permit for up to 6 DLE trains (plan to start with 1). Integrated DLE pilot operated >3,000 hours; pilot recoveries demonstrated >90% (vs conventional pond 30%–40% and Albemarle's pond yield improvement 50%–60%); ~85% of processed water recycled at current DLE pilot.
Australian Hard‑Rock JV Performance
Wodgina outperforming on better‑than‑planned ore availability and recoveries with all three processing trains operating; Greenbushes CGP3 restarted August 1 and is ramping back up.
MX:ALB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed