$ALB · ALBEMARLE CORP
Albemarle filed its Q3 FY2026 10-Q, reporting net sales of $1.553B (up 18.8% YoY) and net income attributable to Albemarle of $296.8M versus a $160.7M loss a year earlier. Diluted EPS was $2.15 versus a $1.72 loss. Nine-month net sales rose 27% to $4.725B, with Energy Storage segment sales up 68% and adjusted EBITDA up 161% to $2.167B.
- Q3 net income attributable to Albemarle was $296.8M versus a $160.7M loss in Q3 2025.
- Q3 revenue rose 18.8% YoY to $1.553B; gross margin was 19.4%.
- Nine-month Energy Storage net sales grew 68% to $3.287B.
- Nine-month adjusted EBITDA rose 161% to $2.167B.
- Long-term debt fell to $1.807B from $3.119B at year-end 2025.
Shares rose 5.30% in the regular session to $94.97, with extended-hours trading at $95.79 (+0.86% vs close), reflecting a positive reception to the swing to profitability.
Albemarle's return to profitability and 68% Energy Storage growth mark a sharp lithium-market recovery from last year's losses.
The rebound in Energy Storage sales and adjusted EBITDA signals recovering lithium demand and pricing, a key swing factor for the broader battery-materials peer group.
Results remain exposed to lithium price volatility and dependence on the JBC joint venture, which drove a large share of equity income and related-party purchases.