Filing Flows › Celanese (CE) › Q1 2026
Celanese (CE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Celanese (CE) reported revenue of $2.3B for the first quarter 2026 (Q1 2026), -2% from a year earlier and +6% from the quarter before. Operating margin was 9.2%, net earnings $44.0M (1.9% of revenue).
Celanese, Q1 2026: revenue $2.3B (-2% year over year), operating margin 9.2%, net earnings $44.0M, operating cash flow $76.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | +6% | -2% |
| Gross profit | $468M | +11% | -1% |
| Operating profit | $214M | +130% | +30% |
| Net earnings | $44.0M | +132% | — |
| Operating cash flow | $76.0M | -70% | +105% |
| Free cash flow | $10.0M | -94% | — |
What changed
Revenue was $2.3B in Q1 2026, down 2% year over year and up 6% from the previous quarter. Engineered Materials was the largest line at 57% of revenue. Acetyl Chain lost $0.09B year over year (down 8%), 173% of the total change.
Gross margin was 20.0%, up 0.2 points from Q1 2025. Operating profit was $0.21B, a 9.2% margin (up 2.3 points year over year). Operating expenses fell 18% while revenue fell 2%. Net earnings were $0.04B. The effective tax rate was 40.7%.
Operating cash flow was $0.08B (up 105% year over year), 158% of net income including minority interests. Non-cash charges added back $0.21B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.19B. Capital expenditures of $0.07B left free cash flow of $0.01B.
Questions
What was Celanese's revenue in the first quarter 2026?
Celanese (CE) reported revenue of $2.3B for the first quarter 2026 (Q1 2026), -2% from a year earlier and +6% from the quarter before.
Was Celanese profitable in the first quarter 2026?
Operating profit was $214M (9.2% of revenue) and net earnings $44.0M.
Source: Celanese 10-Q on SEC EDGAR.