Filing Flows › Celanese (CE) › Q3 2026 › vs Q2 2026
Celanese (CE) Q3 2026 vs Q2 2026 (quarter over quarter)
Celanese's revenue fell $196M (-7%) from $2.8B in Q2 2026 to $2.6B in Q3 2026. The biggest changes: Acetyl Chain −$118M (-9%); Engineered Materials −$78.0M (-5%). Gross margin 21.1% against 22.5% (-1.4 pts).
Celanese, Q3 2026: revenue $2.6B (+6% year over year), operating margin 7.7%, net earnings $74.0M, operating cash flow $538M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 21.1% | 22.5% | -1.4 pts |
| Operating margin | 7.7% | 10.0% | -2.3 pts |
| Net margin | 2.9% | 4.5% | -1.6 pts |
| Free cash flow margin | 18.3% | 5.3% | +13.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Engineered Materials | $1.4B | $1.4B | −$78.0M | -5% |
| Acetyl Chain | $1.2B | $1.3B | −$118M | -9% |
| Revenue | $2.6B | $2.8B | −$196M | -7% |
| Gross profit | $539M | $618M | −$79.0M | -13% |
| Cost of revenue | $2.0B | $2.1B | −$117M | -5% |
| Operating profit | $198M | $276M | −$78.0M | -28% |
| Operating expenses | $341M | $342M | −$1.0M | -0.3% |
| Pre-tax earnings | $92.0M | $140M | −$48.0M | -34% |
| Other expense, net | $106M | $136M | −$30.0M | -22% |
| Research & development | $29.0M | $29.0M | $0 | 0% |
| SG&A | $248M | $251M | −$3.0M | -1% |
| Other operating costs | $64.0M | $62.0M | $2.0M | +3% |
| Net earnings | $74.0M | $125M | −$51.0M | -41% |
| Minority interests | $4.0M | $4.0M | $0 | 0% |
| Income tax | $14.0M | $11.0M | $3.0M | +27% |
| Depreciation & amortization | $216M | $249M | −$33.0M | -13% |
| Share-based compensation | $8.0M | $10.0M | −$2.0M | -20% |
| Working capital & other | $240M | −$175M | $415M | — |
| Operating cash flow | $538M | $209M | $329M | +157% |
| Free cash flow (OCF − capex) | $469M | $147M | $322M | +219% |
| Capital expenditures | $69.0M | $62.0M | $7.0M | +11% |
Questions
How much did Celanese's revenue grow quarter over quarter in Q3 2026?
Celanese's revenue fell $196M (-7%) from $2.8B in Q2 2026 to $2.6B in Q3 2026.
What drove Celanese's revenue change in Q3 2026?
Acetyl Chain −$118M (-9%); Engineered Materials −$78.0M (-5%).