Filing Flows › FMC (FMC) › Q1 2026
FMC (FMC) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
FMC (FMC) reported revenue of $759M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -30% from the quarter before. Operating margin was -10.7%, net loss $281M (37.1% of revenue).
FMC, Q1 2026: revenue $759M (-4% year over year), operating margin -10.7%, net loss $281M, operating cash flow −$601M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $759M | -30% | -4% |
| Operating profit | −$81.0M | — | -239% |
| Net earnings | −$281M | — | — |
| Operating cash flow | −$601M | -191% | — |
What changed
Revenue was $758.6M in Q1 2026, down 4% year over year and down 30% from the previous quarter. Insecticides was the largest line at 45% of revenue. Insecticides lost $62.1M year over year (down 15%), 189% of the total change.
Gross margin was 32.5%, down 7.5 points from Q1 2025. Operating costs exceeded revenue by $81.0M, an operating margin of -10.7%. Operating expenses grew 27% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+333%). The quarter ended with a net loss of $281.2M, narrower than the previous quarter's $1,721.0M loss.
Operating cash flow was −$600.9M. Non-cash charges added back $42.0M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $364.7M. Capital expenditures of $16.6M exceeded it, leaving free cash flow of −$617.5M.
Questions
What was FMC's revenue in the first quarter 2026?
FMC (FMC) reported revenue of $759M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -30% from the quarter before.
Was FMC profitable in the first quarter 2026?
Operating loss was $81.0M (-10.7% of revenue) and net loss $281M.
Source: FMC 10-Q on SEC EDGAR.