Filing Flows › LyondellBasell Industries N.V. (LYB) › Q2 2026 › vs Q1 2026
LyondellBasell Industries N.V. (LYB) Q2 2026 vs Q1 2026 (quarter over quarter)
LyondellBasell Industries N.V.'s revenue rose $2.0B (+28%) from $7.2B in Q1 2026 to $9.2B in Q2 2026. The biggest changes: Polyethylene +$564M (+34%); Polypropylene +$339M (+25%); Oxyfuels and related products +$283M (+25%). Operating margin 16.8% against 3.3% (+13.5 pts).
LyondellBasell Industries N.V., Q2 2026: revenue $9.2B (+20% year over year), operating margin 16.8%, net earnings $559M, operating cash flow $752M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 16.8% | 3.3% | +13.5 pts |
| Net margin | 6.1% | 1.7% | +4.4 pts |
| Free cash flow margin | 5.3% | -7.5% | +12.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Polyethylene | $2.2B | $1.7B | $564M | +34% |
| Polypropylene | $1.7B | $1.3B | $339M | +25% |
| Oxyfuels and related products | $1.4B | $1.1B | $283M | +25% |
| Olefins and co-products | $1.4B | $1.2B | $206M | +17% |
| Compounding and solutions | $1.0B | $873M | $133M | +15% |
| Propylene oxide and derivatives | $647M | $518M | $129M | +25% |
| Intermediate chemicals | $619M | $348M | $271M | +78% |
| Other | $168M | $113M | $55.0M | +49% |
| Revenue | $9.2B | $7.2B | $2.0B | +28% |
| Operating profit | $1.5B | $239M | $1.3B | +546% |
| Costs & expenses | $7.6B | $7.0B | $676M | +10% |
| Pre-tax earnings | $795M | $123M | $672M | +546% |
| Other expense, net | $748M | $116M | $632M | +545% |
| Cost of revenue | $7.1B | $6.5B | $643M | +10% |
| Research & development | $34.0M | $36.0M | −$2.0M | -6% |
| SG&A | $387M | $411M | −$24.0M | -6% |
| Net earnings | $559M | $125M | $434M | +347% |
| Income tax | $236M | −$2.0M | $238M | — |
| Depreciation & amortization | $347M | $342M | $5.0M | +1% |
| Share-based compensation | $19.0M | $47.0M | −$28.0M | -60% |
| Working capital & other | $173M | $783M | −$610M | -78% |
| Operating cash flow | $752M | −$269M | $1.0B | — |
| Free cash flow (OCF − capex) | $482M | −$538M | $1.0B | — |
| Capital expenditures | $270M | $269M | $1.0M | +0.4% |
Questions
How much did LyondellBasell Industries N.V.'s revenue grow quarter over quarter in Q2 2026?
LyondellBasell Industries N.V.'s revenue rose $2.0B (+28%) from $7.2B in Q1 2026 to $9.2B in Q2 2026.
What drove LyondellBasell Industries N.V.'s revenue change in Q2 2026?
Polyethylene +$564M (+34%); Polypropylene +$339M (+25%); Oxyfuels and related products +$283M (+25%).