Albemarle Reports Third Quarter 2026 Results
PR Newswire•04/11/2026•16:15 ET
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Key Highlights
- ➤Net sales $1.6 billion, up 19% year over year
- ➤Adjusted EBITDA $646 million, up 186% year over year
- ➤Energy Storage adjusted EBITDA $560 million, up 351% year over year
- ➤Specialties adjusted EBITDA outlook raised to $350-$375 million from $275-$325 million
- ➤2026 capital expenditure forecast reduced to $300-$350 million from approximately $500 million
Expert Statements
Kent Masters, Chairman and CEO of Albemarle Corporation
“Albemarle delivered another solid quarter, reflecting disciplined execution across the enterprise. In Specialties, improved pricing and sustained progress on cost and productivity initiatives support an additional increased outlook for the year. Global lithium demand is up 48% year-to-date though August, driven by both electric vehicles and energy storage, reinforcing our confidence in the long-term outlook for the industry. We will continue to prioritize high-return organic growth by leveraging our advantaged resource base, capital spending efficiency, and financial flexibility.”
CHARLOTTE, N.C., Nov. 4, 2026 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the third quarter ended September 30, 2026.
Third Quarter 2026 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons and do not exclude the prior-period results of Ketjen's refining catalyst solutions business in which the company sold a 51% stake on March 2, 2026)
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