Filing Flows › FMC (FMC) › Q2 2026
FMC (FMC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
FMC (FMC) reported revenue of $867M for the second quarter 2026 (Q2 2026), -17% from a year earlier and +14% from the quarter before. Operating margin was -13.8%, net loss $186M (21.5% of revenue).
FMC, Q2 2026: revenue $867M (-18% year over year), operating margin -13.8%, net loss $186M, operating cash flow $363M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $867M | +14% | -17% |
| Operating profit | −$120M | — | -195% |
| Net earnings | −$186M | — | -379% |
| Operating cash flow | $363M | — | +451% |
| Free cash flow | $358M | — | +603% |
What changed
Revenue was $867.1M in Q2 2026, down 17% year over year and up 14% from the previous quarter. Insecticides was the largest line at 49% of revenue. Insecticides lost $101.8M year over year (down 19%), 56% of the total change.
Gross margin was 39.5%, up 0.8 points from Q2 2025. Operating costs exceeded revenue by $119.7M, an operating margin of -13.8%. Operating expenses grew 65% against a revenue fall of 17%. The fastest-growing cost line was Other operating costs (+506%). The quarter ended with a net loss of $186.3M, narrower than the previous quarter's $281.2M loss.
Operating cash flow was $363.0M (up 451% year over year). Non-cash charges added back $41.1M of depreciation and amortization and $7.7M of share-based compensation. Working capital and other items added $500.5M. Capital expenditures of $5.3M left free cash flow of $357.7M.
Questions
What was FMC's revenue in the second quarter 2026?
FMC (FMC) reported revenue of $867M for the second quarter 2026 (Q2 2026), -17% from a year earlier and +14% from the quarter before.
Was FMC profitable in the second quarter 2026?
Operating loss was $120M (-13.8% of revenue) and net loss $186M.
Source: FMC 10-Q on SEC EDGAR.