Revenue Decline Amid Weak Demand
Q1 2026 revenue fell 6.3% YoY to $7.20B from $7.68B, reflecting continued softness in petrochemical end markets and pricing pressure across key product segments.
LyondellBasell Industries N.V. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: LyondellBasell (LYB) reported Q1 2026 revenue of $7.20B (down 6.3% YoY) while operating income more than doubled to $239M, though EPS fell 29.6% to $0.38 and operating cash flow remained negative at -$269M.
Drawn from management commentary in the Q1 2026 10-Q:
Q1 2026 revenue fell 6.3% YoY to $7.20B from $7.68B, reflecting continued softness in petrochemical end markets and pricing pressure across key product segments.
Operating income surged 109.6% YoY to $239M from $114M, driven by a sharper decline in cost of revenue (-8.9% to $6.50B) relative to the revenue drop, implying improved cost discipline and/or favorable feedstock costs.
Operating margin improved to 3.32% from 1.48% in Q1 2025, a gain of approximately 183 basis points YoY, suggesting meaningful cost structure improvement even as top-line revenue contracted.
Revenue
$7.2B
-6.25% YoY
EPS (Basic)
$0.38
-29.63% YoY
Operating Income
$239M
++109.65% YoY
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