LYB · 10-Q · 2026Q3 · Full report
Revenue Performance and Mix
LyondellBasell Industries N.V. · 2026-10-30 · Importance 48 · Surprise 40 · In source text
Consolidated revenue increased $1,811 million, or 8%, in the first nine months of 2026 year over year, as average sales prices contributed 12% growth, divestiture-related lower volumes reduced revenue 6%, and foreign exchange added 2%. Third-quarter revenue declined $678 million, or 7%, sequentially: lower average prices reduced revenue 12%, higher volumes added 6%, and unfavorable foreign exchange reduced it 1%. O&P-Americas revenue increased 22% to $9,138 million for the nine months, while I&D revenue rose 13% to $7,790 million; O&P-EAI revenue decreased 3% to $7,632 million following the European asset sale. I&D third-quarter revenue rose 9% sequentially to $2,983 million, while O&P-EAI revenue fell 26% to $2,176 million and APS revenue fell 7% to $1,010 million.
Key facts
- Revenue increased $1,811 million, or 8%, in the first nine months of 2026 versus the first nine months of 2025; higher average sales prices increased revenue by 12%, lower sales volumes decreased it by 6%, and favorable foreign exchange increased it by 2%. source
- O&P-Americas revenue decreased $341 million, or 10%, in the third quarter of 2026 versus the second quarter and increased $1,674 million, or 22%, in the first nine months of 2026 versus 2025. source
- O&P-EAI revenue decreased $779 million, or 26%, in the third quarter of 2026 versus the second quarter and decreased $259 million, or 3%, in the first nine months of 2026 versus 2025. source
- I&D third-quarter 2026 revenue increased 15% from higher sales volumes and demand, including the successful Bayport PO/TBA restart, while lower prices for propylene oxide and derivatives and styrene reduced revenue by 6%. source
- I&D revenue increased $236 million, or 9%, in the third quarter of 2026 versus the second quarter and $874 million, or 13%, in the first nine months of 2026 versus 2025. source
- Third-quarter 2026 revenue decreased $678 million, or 7%, versus the second quarter; lower average sales prices reduced revenue by 12%, higher sales volumes increased it by 6%, and unfavorable foreign exchange reduced it by 1%. source
- O&P-EAI third-quarter 2026 revenue decreased 15% from lower prices, 10% from lower sales volumes mostly due to the European asset divestiture, and 1% from unfavorable foreign exchange. source
- Technology third-quarter 2026 revenue decreased 16% from lower catalyst sales volumes due to declining demand, 2% from lower catalyst prices, and 14% from lower licensing contract revenue. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +21.3% | Revenue increased $1,811 million, or 8%, in the first nine months of 2026 versus the first nine months of 2025; higher average sales… |
| revenue | negative | realized | -9.2% | O&P-EAI revenue decreased $779 million, or 26%, in the third quarter of 2026 versus the second quarter and decreased $259 million, or 3%,… |
| revenue | negative | realized | -4.0% | O&P-Americas revenue decreased $341 million, or 10%, in the third quarter of 2026 versus the second quarter and increased $1,674 million,… |
| revenue | positive | realized | — | I&D third-quarter 2026 revenue increased 15% from higher sales volumes and demand, including the successful Bayport PO/TBA restart, while… |
| revenue | negative | realized | — | I&D third-quarter 2026 revenue increased 15% from higher sales volumes and demand, including the successful Bayport PO/TBA restart, while… |