Filing Flows › LyondellBasell Industries N.V. (LYB) › Q1 2026
LyondellBasell Industries N.V. (LYB) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
LyondellBasell Industries N.V. (LYB) reported revenue of $7.2B for the first quarter 2026 (Q1 2026), -6% from a year earlier and +1% from the quarter before. Operating margin was 3.3%, net earnings $125M (1.7% of revenue).
LyondellBasell Industries N.V., Q1 2026: revenue $7.2B (-6% year over year), operating margin 3.3%, net earnings $125M, operating cash flow −$269M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.2B | +1% | -6% |
| Operating profit | $239M | — | +110% |
| Net earnings | $125M | — | -29% |
| Operating cash flow | −$269M | -118% | — |
What changed
Revenue was $7.2B in Q1 2026, down 6% year over year and up 1% from the previous quarter. Polyethylene was the largest line at 23% of revenue. Polypropylene lost $0.19B year over year (down 13%), 40% of the total change.
Operating profit was $0.24B, a 3.3% margin (up 1.8 points year over year). Total costs fell 8% while revenue fell 6%. Net earnings were $0.12B, down 29% year over year. The effective tax rate was -1.6%.
Operating cash flow was −$0.27B. Non-cash charges added back $0.34B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.78B. Capital expenditures of $0.27B exceeded it, leaving free cash flow of −$0.54B.
Questions
What was LyondellBasell Industries N.V.'s revenue in the first quarter 2026?
LyondellBasell Industries N.V.
Was LyondellBasell Industries N.V. profitable in the first quarter 2026?
Operating profit was $239M (3.3% of revenue) and net earnings $125M.