Filing Flows › Albemarle (ALB) › Q1 2026
Albemarle (ALB) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Albemarle (ALB) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +33% from a year earlier and 0% from the quarter before. Operating margin was 16.3%, net earnings $319M (22.3% of revenue).
Albemarle, Q1 2026: revenue $1.4B (+33% year over year), operating margin 16.3%, net earnings $319M, operating cash flow $346M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | 0% | +33% |
| Gross profit | $501M | +153% | +221% |
| Operating profit | $234M | — | 12× |
| Net earnings | $319M | — | +672% |
| Operating cash flow | $346M | -11% | -37% |
| Free cash flow | $248M | — | — |
What changed
Revenue was $1.4B in Q1 2026, up 33% year over year and roughly flat from the previous quarter.
Gross margin was 35.1%, up 20.5 points from Q1 2025. Operating profit was $0.23B, a 16.3% margin (up 14.5 points year over year). Of the extra revenue versus Q1 2025, 61% reached operating profit, above the 2% margin then. Operating expenses grew 96% against revenue growth of 33%. Net earnings were $0.32B, up 672% year over year. The effective tax rate was 6.1%. Non-operating items added $0.12B, 33% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.35B (down 37% year over year), 105% of net income including minority interests. Non-cash charges added back $0.16B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.15B. After capital expenditures ($0.10B), free cash flow as the company reports it was $0.25B.
Questions
What was Albemarle's revenue in the first quarter 2026?
Albemarle (ALB) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +33% from a year earlier and 0% from the quarter before.
Was Albemarle profitable in the first quarter 2026?
Operating profit was $234M (16.3% of revenue) and net earnings $319M.
Source: Albemarle 10-Q on SEC EDGAR.