ALB earnings analysis
What we found in ALB's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Albemarle Corporation reported Q1 2026 net sales of $1.428 billion, a 33% year-over-year increase, accompanied by a significant net income jump from $41 million to $319 million, resulting in a diluted EPS of $2.34. The robust performance was driven primarily by growth in their Energy Storage segment, with overall profitability bolstered by improved pricing and volume dynamics in lithium products.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Strong Revenue Growth
- Net sales reached $1.428 billion, up 33% from $1.077 billion in Q1 2025.
- Dramatic EPS Improvement
- Diluted EPS increased to $2.34, compared to $0.00 in Q1 2025.
- Successful Sale of Divisions
- Completed divestiture generating $648 million in pre-tax cash proceeds.
- Energy Storage Segment Surge
- Energy Storage sales jumped 70% to $891 million, aided by higher lithium prices.
- Significant EBITDA Growth
- Adjusted EBITDA improved by 148% from $267 million to $664 million.
- Interest Expense Reduction
- Interest and financing expenses decreased by 32% to $(33.121) million due to early debt redemption.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Restructuring Charges
- Recorded $25.866 million in restructuring charges due to restructuring activities.
- Geopolitical Shipping Risks
- Potential issues from geopolitical tensions may impact shipping and raw material costs.
- Tariff and Trade Policy Exposure
- Exposure to tariffs may affect the Specialties business despite minimal current impact.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $2.34
- Gross margin
- 35.1%
- Segment
- Energy Storage: $891 million; Specialties: $358 million
What they said about what is next.
Anticipates year-end revenue between $4.1 billion and $4.3 billion, driven by lithium pricing.
The filing reads better than the one before it.
What came before.
- 10-K · February 11, 2026
- Albemarle reports a portfolio organized into three segments (Energy Storage, Specialties and Ketjen) and is executing a material portfolio re‑shaping: it signed a definitive agreement on October 25, 2025 to divest…
- 10-Q · November 5, 2025
- Albemarle reported Q3 net sales of $1,307,829,000 and a GAAP diluted loss per common share of $(1.72). Gross margin recovered to 9.0% and operating margin improved to -16.6%, both materially better than year-ago…
- 10-Q · November 6, 2024
- Albemarle reported Q3 net sales of $1,354,692 (in thousands) and a GAAP diluted loss per share of $(9.45), driven by a large operating loss of $(1,108,830) (in thousands) and $828,146 (in thousands) of restructuring…
- 10-Q · May 1, 2024
- Albemarle reported Q1 net sales of $1,360,736 (in thousands) versus $2,580,252 in Q1 2023, with gross profit collapsing to $38,938 (in thousands) and an operating loss of $179,506 (in thousands). Diluted EPS…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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