ALB · 8-K · 20260805PR000101
Segment Profitability
ALBEMARLE CORP · 2026-08-05 · Importance 69 · Surprise 64 · Contradicted
Second-quarter adjusted EBITDA increased 155.0% year over year to $858.1 million from $336.5 million. Energy Storage adjusted EBITDA increased 229.3% to $723.5 million, primarily because of higher lithium pricing, partially offset by higher CORFO commissions. Specialties adjusted EBITDA increased 61.3% to $117.7 million as higher bromine and derivatives pricing, higher volumes and productivity improvements outweighed cost escalations. Consolidated adjusted EBITDA margin expanded to 49.2% from 25.3%, while segment adjusted EBITDA rose to $841.2 million from $292.7 million.
Key facts
- Energy Storage equity in net income of unconsolidated investments FY2026 scenarios: $0.2-$0.3B (~$10/kg LCE), $0.6-$0.7B (~$20/kg LCE), $1.0-$1.1B (~$30/kg LCE) source
- Adjusted EBITDA increased 155% year-over-year source
- Adjusted EBITDA for Energy Storage increased 229% year-over-year source
- Adjusted EBITDA for Specialties increased 61% year-over-year source
- Net income attributable to Albemarle Corporation for Q2 2026: $480 million source
- Adjusted EBITDA for Q2 2026: $858 million source
- Q2 2026 Energy Storage adjusted EBITDA: $723.5 million source
- Q2 2026 consolidated adjusted EBITDA: $858,097 and six months adjusted EBITDA: $1,521,911 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +56.4% | Q2 2026 consolidated adjusted EBITDA: $858,097 and six months adjusted EBITDA: $1,521,911 |
| operating_income | positive | realized | +56.4% | Q2 2026 consolidated adjusted EBITDA: $858,097 and six months adjusted EBITDA: $1,521,911 |
| operating_income | positive | realized | +41.5% | Q2 2026 Energy Storage adjusted EBITDA: $723.5 million |
| net_income | positive | probable | +18.6% | Energy Storage equity in net income of unconsolidated investments FY2026 scenarios: $0.2-$0.3B (~$10/kg LCE), $0.6-$0.7B (~$20/kg LCE),… |
| net_income | positive | realized | +8.7% | Q2 2026 equity in net income of unconsolidated investments (net of tax): $151,564 thousand |
| operating_income | positive | realized | — | Adjusted EBITDA increased 155% year-over-year |
| operating_income | positive | realized | — | Adjusted EBITDA for Energy Storage increased 229% year-over-year |
| operating_income | positive | realized | — | Adjusted EBITDA for Specialties increased 61% year-over-year |
| net_income | positive | realized | — | Net income attributable to Albemarle Corporation for Q2 2026: $480 million |