Filing Flows › Celanese (CE) › Q2 2026 › vs Q2 2025
Celanese (CE) Q2 2026 vs Q2 2025 (year over year)
Celanese's revenue rose $220M (+9%) from $2.5B in Q2 2025 to $2.8B in Q2 2026. The biggest changes: Acetyl Chain +$216M (+20%); Engineered Materials +$4.0M (+0.3%). Gross margin 22.5% against 21.1% (+1.4 pts).
Celanese, Q2 2026: revenue $2.8B (+9% year over year), operating margin 10.0%, net earnings $125M, operating cash flow $209M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 22.5% | 21.1% | +1.4 pts |
| Operating margin | 10.0% | 9.1% | +0.9 pts |
| Net margin | 4.5% | 7.8% | -3.2 pts |
| Free cash flow margin | 5.3% | 12.5% | -7.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Engineered Materials | $1.4B | $1.4B | $4.0M | +0.3% |
| Acetyl Chain | $1.3B | $1.1B | $216M | +20% |
| Revenue | $2.8B | $2.5B | $220M | +9% |
| Gross profit | $618M | $534M | $84.0M | +16% |
| Cost of revenue | $2.1B | $2.0B | $136M | +7% |
| Operating profit | $276M | $231M | $45.0M | +19% |
| Operating expenses | $342M | $303M | $39.0M | +13% |
| Pre-tax earnings | $140M | $123M | $17.0M | +14% |
| Other expense, net | $136M | $108M | $28.0M | +26% |
| Research & development | $29.0M | $31.0M | −$2.0M | -6% |
| SG&A | $251M | $214M | $37.0M | +17% |
| Other operating costs | $62.0M | $58.0M | $4.0M | +7% |
| Net earnings | $125M | $197M | −$72.0M | -37% |
| Minority interests | $4.0M | $3.0M | $1.0M | +33% |
| Income tax | $11.0M | −$77.0M | $88.0M | — |
| Operating cash sources | $384M | $397M | −$13.0M | -3% |
| Depreciation & amortization | $249M | $193M | $56.0M | +29% |
| Share-based compensation | $10.0M | $7.0M | $3.0M | +43% |
| Working capital & other | $175M | −$13.0M | $188M | — |
| Operating cash flow | $209M | $410M | −$201M | -49% |
| Free cash flow (OCF − capex) | $147M | $317M | −$170M | -54% |
| Capital expenditures | $62.0M | $93.0M | −$31.0M | -33% |
Questions
How much did Celanese's revenue grow year over year in Q2 2026?
Celanese's revenue rose $220M (+9%) from $2.5B in Q2 2025 to $2.8B in Q2 2026.
What drove Celanese's revenue change in Q2 2026?
Acetyl Chain +$216M (+20%); Engineered Materials +$4.0M (+0.3%).