Albemarle Q2 FY2026: profit jumps to $480.0 million as margins hit 33.9%
Albemarle's second quarter was a price-led blowout: revenue of $1.74 billion, adjusted EPS of $3.75 against a $3.27 consensus, and adjusted EBITDA of $858.1 million. Read it as a lithium-price print, not a volume story — Energy Storage volumes rose 11.0% while realized prices rose 60.5%. Guidance is therefore presented as three price scenarios, not one number.
1 · Expected vs. Actual
Free preview belowDiluted GAAP EPS was $3.52 versus a loss of $0.16 a year ago, and adjusted EPS of $3.75 came in about 14.7% above the $3.27 consensus estimate. Net income attributable to Albemarle was $480.0 million, up from $22.9 million, and included $151.6 million of equity income from unconsolidated investments. About $0.22 per share of non-recurring and unusual items sat between the GAAP and adjusted numbers.
Revenue was $1.74 billion, up 31.1% from $1.33 billion a year ago, and gross margin jumped to 33.9% from 14.8%. The increase is almost entirely price: Energy Storage sales rose 77.9% to $1.28 billion on a 60.5% higher realized price, while Specialties rose 20.5% to $423.5 million on price plus volume. Energy Storage volumes were up only 11.0%, so this is a pricing quarter.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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