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FMC (FMC) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Oct 30, 2026 · FMC (FMC) Q3 2026 earnings results →

Q3 2026 Revenue down 80% year over year to $106M

FMC made $106M in Q3 2026 (-80% Y/Y). Operating margin n/m, net loss $2.1B. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 30, 2026.

Revenue$106M
Year over year-80%
Operating marginn/m
Net earnings−$2.1B
Operating cash flow$6.6M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $105.9M in Q3 2026, down 80% year over year and down 88% from the previous quarter.

Operating costs exceeded revenue by $1,112.2M, an operating margin of -1050.2%. The fastest-growing cost line was Other operating costs (+63%). The quarter ended with a net loss of $2,065.3M, wider than the previous quarter's $186.3M loss.

Operating cash flow was $6.6M. Non-cash charges added back $40.9M of depreciation and amortization and $7.3M of share-based compensation. Working capital and other items added $2,023.7M. Capital expenditures of $7.8M exceeded it, leaving free cash flow of −$1.2M.

Quarterly history

FMC revenue by quarterFMC revenue by quarter$791MQ1 2025$1.1BQ2 2025$542MQ3 2025$1.1BQ4 2025$759MQ1 2026$867MQ2 2026$106MQ3 2026
FMC net earnings by quarterFMC net earnings by quarter−$15.6MQ1 2025$66.7MQ2 2025−$569MQ3 2025−$1.7BQ4 2025−$281MQ1 2026−$186MQ2 2026−$2.1BQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QOct 30, 2026$106M-80%n/m−$2.1B$6.6M
Q2 202610-QJul 30, 2026$867M-18%-13.8%−$186M$363M
Q1 202610-QApr 30, 2026$759M-4%-10.7%−$281M−$601M
Q4 202510-KFeb 27, 2026$1.1B-12%-130.8%−$1.7B$657M
Q3 202510-QOct 30, 2025$542M-49%-73.1%−$569M−$184M
Q2 202510-QJul 31, 2025$1.1B+1%12.0%$66.7M$65.9M
Q1 202510-QMay 1, 2025$791M-14%7.4%−$15.6M−$545M

Charts

FMC: revenue growth, year over year and quarter over quarterFMC: revenue growth, year over year and quarter over quarterY/YQ/Q-14%Q1 2025+1%+33%Q2 2025-49%-48%Q3 2025-12%+100%Q4 2025-4%-30%Q1 2026-18%+14%Q2 2026-80%-88%Q3 2026
Latest (Q3 2026): Y/Y -80%, Q/Q -88%.
FMC: where the cash came from (+) and went (−), TTM to Q3 2026FMC: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$426MShares issued$403MNet borrowing (+) / repaid (−)−$355MCash drawn (+) / kept (−)−$238MDividends−$103MNot reconciled−$65.9MCapital spending−$55.7MOther financing−$30.3MOther investing$22.2MPartners−$3.0M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
FMC: profit against cash, quarter by quarterFMC: profit against cash, quarter by quarterNet incomeOperating cash flow−$16.1M$428MQ4 2024−$15.6M−$545MQ1 2025$67.8M$65.9MQ2 2025−$569M−$184MQ3 2025−$1.7B$657MQ4 2025−$281M−$601MQ1 2026−$186M$363MQ2 2026−$2.1B$6.6MQ3 2026
Latest (Q3 2026): Net income −$2.1B, Operating cash flow $6.6M.
FMC: diluted shares by fiscal yearFMC: diluted shares by fiscal year131MFY2020129MFY2021127MFY2022126MFY2023125MFY2024125MFY2025
-4.2% since FY2020: buybacks shrank the count.
FMC: long-term debt falling due (FY2025)FMC: long-term debt falling due (FY2025)$586M2026$500M2029$2.3BLater
Cash $584M, short-term investments —, long-term debt $3.4B at 2025-12-31.
FMC in its industry: growth against margin (16 companies, SIC 2800)FMC in its industry: growth against margin (16 companies, SIC 2800)revenue growth, year over year →↑ operating marginmedian +8%median 9%OLNHUNHuntsman International LLCCCSOLSIOSPPRMECVTNGVTBCPCACNTGUREBLGOCITRLQMTFMC (-80%, -100%)
Chemicals & Allied Products; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About FMC

FMC Corporation is a global agricultural sciences company dedicated to providing farmers with innovative solutions that increase the productivity and resilience of their land. We operate in a single distinct business segment. We develop, market and sell all three major classes of crop protection chemicals (insecticides, herbicides and fungicides) as well as biologicals, crop nutrition, and seed treatment products, which we group as plant health. FMC’s innovative crop protection solutions help growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC is committed to discovering new insecticide, herbicide, and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet.

In its own words, from its 10-K, filed Feb 27, 2026.

FMC against its Chemicals & Allied Products peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -80% against the peers' median +8%.

CompanyQuarterRevenueY/YOp. margin
FMC FMCQ3 2026$106M-80%n/m
OLN OlinQ3 2026$1.7B+2%3.4%
HUN HuntsmanQ3 2026$1.7B+18%2.3%
Huntsman International LLCQ2 2026$1.7B+14%2.2%
CC ChemoursQ3 2026$1.5B+3%14.4%
SOLS Solstice Advanced MaterialsQ3 2026$1.0B+8%10.7%
IOSP InnospecQ3 2026$474M+7%8.8%
PRM Perimeter GroupQ3 2026$390M+24%106.8%
ECVT EcovystQ3 2026$309M+51%9.5%

Source: FMC 10-Q on SEC EDGAR · CIK 37785 · Chemicals & Allied Products

Guidance and outlook

FMC: what its forward-looking statements are about (10-Q filed 2026-10-30)FMC: what its forward-looking statements are about (10-Q filed 2026-10-30)Other17Costs9Financing6People5Tax2Margins1Buybacks & dividends1
41 statements; tone +0.12 (−1 all cautious, +1 all confident); 5 hedged.
FMC: outlook statements against the filing beforeFMC: outlook statements against the filing beforeConfident9Cautious4

13F: who owns FMC and who is buying

Largest holders of FMC (13F)Largest holders of FMC (13F)BlackRock$248MVanguard Group$180MAQR Capital Management LLC$91.1MVanguard Portfolio Management LLC$88.8MState Street$75.4MVanguard Capital Management LLC$66.2MAmerican Century Companies$58.1MD. E. Shaw$56.5MGeode Capital Management, LLC$37.7MTwo Sigma Investments, LP$32.5M
Funds' net buying of FMC by quarter (13F)Funds' net buying of FMC by quarter (13F)−$108M2024-09$20.5M2024-12−$130M2025-03$151M2025-06−$159M2025-09−$6.3M2025-12$80.6M2026-03$133M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on FMC

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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