ALB · 8-K · 20260805PR000101

Guidance / Outlook

ALBEMARLE CORP · 2026-08-05 · Importance 75 · Surprise 60 · Contradicted

Albemarle provided three FY2026 lithium-market-price scenarios based on average lithium prices of approximately $10, $20 and $30 per kilogram of LCE, producing total-company net sales ranges of $4.1–$4.3 billion, $5.7–$6.0 billion and $7.5–$7.8 billion, respectively. Corresponding adjusted EBITDA ranges are $0.9–$1.0 billion, $2.4–$2.6 billion and $4.2–$4.4 billion. Energy Storage sales volumes are expected at 225–235 kilotons of LCE, with approximately 40% of salts volume covered by long-term agreements and flat market pricing assumed through the current contract book. The company raised FY2026 Specialties net sales guidance to $1.4–$1.6 billion and adjusted EBITDA guidance to $275–$325 million, while reducing capital expenditure guidance to approximately $500 million, down 15% from 2025.

Key facts

• Full-year 2026 company net sales scenarios: $4.1-$4.3B (~$10/kg LCE), $5.7-$6.0B (~$20/kg LCE), $7.5-$7.8B (~$30/kg LCE) source
• Full-year 2026 company adjusted EBITDA scenarios: $0.9-$1.0B (~$10/kg LCE), $2.4-$2.6B (~$20/kg LCE), $4.2-$4.4B (~$30/kg LCE) source
• Energy Storage FY2026 net sales scenarios: $2.5-$2.6B (~$10/kg LCE), $4.0-$4.2B (~$20/kg LCE), $5.9-$6.1B (~$30/kg LCE) source
• Energy Storage FY2026 adjusted EBITDA scenarios: $0.7-$0.8B (~$10/kg LCE), $2.1-$2.3B (~$20/kg LCE), $3.9-$4.1B (~$30/kg LCE) source
• Full-year 2026 Specialties net sales outlook increased to $1.4 to $1.6 billion source
• Full-year 2026 Specialties adjusted EBITDA outlook increased to $275 to $325 million source
• Corporate adjusted EBITDA (including FX, Ketjen equity income & PCS) FY2026 expected range: ($20) - $20 million source

Impact estimates