Revenue Growth Acceleration
Revenue grew 32.7% YoY to $1.43B in Q1 FY2026 from $1.08B in the prior-year period, signaling a meaningful recovery in demand and/or pricing for ALB's core lithium and specialty chemicals businesses.
ALBEMARLE CORP is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: ALB delivered a strong Q1 FY2026 with revenue surging 32.7% YoY to $1.43B and operating income jumping over 10x to $233.5M, driven by dramatically improved gross margins and a significant reduction in long-term debt.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 32.7% YoY to $1.43B in Q1 FY2026 from $1.08B in the prior-year period, signaling a meaningful recovery in demand and/or pricing for ALB's core lithium and specialty chemicals businesses.
Gross margin expanded by approximately 20.5 percentage points YoY to 35.1%, while operating margin surged from 1.8% to 16.3%, reflecting cost discipline as cost of revenue rose only 0.8% despite a 32.7% revenue increase.
Net income reached $319.1M in Q1 FY2026, a 671.7% YoY increase from $41.3M, with diluted EPS of $2.34 compared to near-zero in the prior-year period, indicating a substantial earnings recovery.
Revenue
$1.43B
++32.67% YoY
EPS (Basic)
$2.35
No YoY data
Gross Margin
35.1%
++20.55% YoY
Operating Income
$233.51M
++1081.65% YoY
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