LyondellBasell Q2 2026: revenue up 19.8%, adjusted EPS crushes consensus
LyondellBasell delivered its strongest quarter in over a year: revenue of $9.18 billion rose 19.8% year over year and adjusted EPS of $4.30 beat the $3.45 consensus by $0.85. Read the $1.71 GAAP figure carefully, though — $2.59 of it vanished into a $734 million loss on the European asset sale. The operating rebound is real; the open question is how much of it was market luck rather than company work.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $1.71, up from $0.34 a year earlier, while adjusted EPS of $4.30 beat the $3.45 consensus by $0.85, or 24.7%. The $2.59 gap between the two numbers is identified items, led by the $734 million pre-tax loss on selling European assets. Judge the quarter on the adjusted figure, but remember the company really did exit those plants at a loss.
Revenue of $9.18 billion rose 19.8% from $7.66 billion a year ago and 27.5% from $7.20 billion in Q1 2026. The more important line is gross margin, which jumped to 22.2% from 10.3% a year ago and 9.7% last quarter. No consensus revenue estimate is available in our data, so the top line cannot be graded against expectations.
Log in to read 35 analyses a week for free
Create a free account to read 35 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
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
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.