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Tables in the 10-Q of ALBEMARLE CORP

78 tables with numbers, filed Aug 5, 2026. Each one downloads as an Excel file or a CSV (numbers are stored as numbers), with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed. Open the filing on sec.gov ↗

← Filings of ALB

Table 1 after “INDEX – FORM 10-Q”

Page Number(s)
PART I.FINANCIAL INFORMATION
Item 1.Financial Statements (Unaudited)
Consolidated Statements of Income - Three and Six Months Ended June 30, 2026 and 20254
Consolidated Statements of Comprehensive Income - Three and Six Months Ended June 30, 2026 and 20255
Consolidated Balance Sheets - June 30, 2026 and December 31, 20256
Consolidated Statements of Changes in Equity - Three and Six Months Ended June 30, 2026 and 20257
Condensed Consolidated Statements of Cash Flows - Six Months Ended June 30, 2026 and 20259

First 8 of 19 rows. The download has all of them.

Table 2 after “(Unaudited)”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net sales$1,743,313$1,329,992$3,172,044$2,406,873
Cost of goods sold(a)1,153,0121,133,1162,080,7772,053,698
Gross profit590,301196,8761,091,267353,175
Selling, general and administrative expenses126,353132,457263,759255,959
Restructuring charges and asset write-offs7,3374,44833,2033,385
Research and development expenses3,66712,44412,83726,543

First 8 of 25 rows. The download has all of them.

Table 3 after “(Unaudited)”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net income$499,211$35,193$828,188$84,491
Other comprehensive income (loss), net of tax:
Foreign currency translation and other12,586268,75888,353377,773
Net investment hedge3,131—3,131—
Cash flow hedge(107)(107)(214)(214)
Total other comprehensive income, net of tax15,610268,65191,270377,559

First 8 of 11 rows. The download has all of them.

Table 4 after “(Unaudited)”

June 30,December 31,
20262025
Assets
Current assets:
Cash and cash equivalents$1,631,688$1,618,001
Trade accounts receivable, less allowance for credit losses (2026 – $4,582; 2025 – $4,578)603,805593,502
Other accounts receivable123,870105,110
Inventories1,384,5631,179,271

First 8 of 48 rows. The download has all of them.

Table 5 after “(Unaudited)”

(In Thousands, Except Share Data)Mandatory Convertible Preferred StockAdditional Paid-in CapitalAccumulated Other Comprehensive LossRetained EarningsTotal Albemarle Shareholders’ EquityNoncontrolling InterestsTotal Equity
Common Stock
SharesAmountsSharesAmounts
Balance at March 31, 2026117,885,794$1,1792,300,000$2,235,105$3,029,667$(259,112)$4,843,335$9,850,174$257,942$10,108,116
Net income479,959479,95919,252499,211
Other comprehensive income15,51315,5139715,610
Common stock dividends declared, $0.405 per common share(47,788)(47,788)(18,606)(66,394)
Mandatory convertible preferred stock cumulative dividends(41,687)(41,687)(41,687)

First 8 of 22 rows. The download has all of them.

Table 6 after “Table of Contents”

(In Thousands, Except Share Data)Mandatory Convertible Preferred StockAdditional Paid-in CapitalAccumulated Other Comprehensive LossRetained EarningsTotal Albemarle Shareholders’ EquityNoncontrolling InterestsTotal Equity
Common Stock
SharesAmountsSharesAmounts
Balance at December 31, 2025117,715,875$1,1782,300,000$2,235,105$3,018,213$(334,807)$4,613,676$9,533,365$248,096$9,781,461
Net income799,050799,05029,138828,188
Other comprehensive income91,20891,2086291,270
Common stock dividends declared, $0.81 per common share(95,532)(95,532)(18,606)(114,138)
Mandatory convertible preferred stock cumulative dividends(83,375)(83,375)(83,375)

First 8 of 24 rows. The download has all of them.

Table 7 after “(Unaudited)”

Six Months Ended June 30,
20262025
Cash and cash equivalents at beginning of year$1,618,001$1,192,230
Cash flows from operating activities:
Net income828,18884,491
Adjustments to reconcile net income to cash flows from operating activities:
Depreciation and amortization313,606330,485
Loss on sale of business95,018—

First 8 of 45 rows. The download has all of them.

Table 8 after “The carrying amounts of the major classes of assets and liabilities that were classified as held for sale at December 31, 2025 were as follo”

December 31, 2025
Assets
Trade accounts receivable$179,502
Inventories188,750
Other current assets3,563
Current assets held for sale371,815
Property, plant and equipment, at cost1,043,529
Less accumulated depreciation and amortization645,438

First 8 of 21 rows. The download has all of them.

Table 9 after “The following table provides a breakdown of inventories at June 30, 2026 and December 31, 2025 (in thousands):”

June 30,December 31,
20262025
Finished goods$832,861$620,738
Raw materials and work in process(a)395,618414,232
Stores, supplies and other156,084144,301
Total$1,384,563$1,179,271

Table 10 after “The following table details the Company’s equity in net income of unconsolidated investments (net of tax) for the three-month and six-month ”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Windfield$165,835$71,762$259,127$126,748
Other joint ventures(14,271)6,496(11,270)15,796
Total$151,564$78,258$247,857$142,544

Table 11 after “The following table summarizes the unaudited results of operations for the Windfield joint venture, which met the significant subsidiary tes”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net sales$889,113$296,020$1,470,170$586,439
Gross profit767,295169,7781,220,598362,482
Income before income taxes658,794161,3541,065,456306,150
Net income461,155112,897745,819214,641

Table 12 after “The following table summarizes the changes in goodwill by reportable segment for the six-month period ended June 30, 2026 (in thousands):”

Energy StorageSpecialtiesTotal
Balance at December 31, 2025(a)$1,466,959$32,698$1,499,657
Foreign currency translation adjustments(17,080)95(16,985)
Balance at June 30, 2026(a)$1,449,879$32,793$1,482,672

Table 13 after “The following table summarizes the changes in other intangibles and related accumulated amortization for the six-month period ended June 30,”

Customer Lists and RelationshipsPatents and TechnologyOther(a)Total
Gross Asset Value
Balance at December 31, 2025$384,331$32,480$31,451$448,262
Foreign currency translation adjustments and other(7,309)1,616388(5,305)
Balance at June 30, 2026$377,022$34,096$31,839$442,957
Accumulated Amortization
Balance at December 31, 2025$(206,071)$(15,262)$(12,696)$(234,029)
Amortization(8,650)(1,282)(498)(10,430)

First 8 of 12 rows. The download has all of them.

Table 14 after “Long-term debt at June 30, 2026 and December 31, 2025 consisted of the following (in thousands):”

June 30,December 31,
20262025
1.625% notes due 2028$568,500$588,600
3.45% Senior notes due 2029109,240171,612
4.65% Senior notes due 2027—650,000
5.05% Senior notes due 2032415,726600,000
5.45% Senior notes due 2044200,966350,000
5.65% Senior notes due 2052195,680450,000

First 8 of 16 rows. The download has all of them.

Table 15 after “Deferred revenue at June 30, 2026 and December 31, 2025 consisted of the following (in thousands):”

June 30,December 31,
20262025
Current deferred revenue(a)$98,230$93,090
Noncurrent deferred revenue(b)296,777340,527
Total deferred revenue$395,007$433,617

Table 16 after “The following activity was recorded in environmental liabilities for the six months ended June 30, 2026 (in thousands):”

Beginning balance at December 31, 2025$20,548
Expenditures(307)
Accretion of discount446
Foreign currency translation adjustments and other(113)
Ending balance at June 30, 202620,574
Less amounts reported in Accrued expenses4,031
Amounts reported in Other noncurrent liabilities$16,543

Table 17 after “(Unaudited)”

Foreign Currency Translation and Other(a)Net Investment Hedge(b)Cash Flow Hedge(c)Total
Three months ended June 30, 2026
Balance at March 31, 2026$(263,717)$—$4,605$(259,112)
Other comprehensive income before reclassifications12,5693,1314615,746
Amounts reclassified from accumulated other comprehensive loss17—(153)(136)
Other comprehensive income (loss), net of tax12,5863,131(107)15,610
Other comprehensive income attributable to noncontrolling interests(97)——(97)
Balance at June 30, 2026$(251,228)$3,131$4,498$(243,599)

First 8 of 29 rows. The download has all of them.

Table 18 after “The amount of income tax (expense) benefit allocated to each component of Other comprehensive income for the three-month and six-month perio”

Foreign Currency Translation and OtherNet Investment HedgeCash Flow HedgeTotal
Three months ended June 30, 2026
Other comprehensive income (loss), before tax$14,437$3,131$(107)$17,461
Income tax expense(1,851)——(1,851)
Other comprehensive income (loss), net of tax$12,586$3,131$(107)$15,610
Three months ended June 30, 2025
Other comprehensive income (loss), before tax$263,101$—$(107)$262,994
Income tax benefit5,657——5,657

First 8 of 17 rows. The download has all of them.

Table 19 after “The following table provides details of our restructuring related charges recorded to Restructuring charges and asset write-offs on the cons”

Three Months Ended June 30, 2026
Decommissioning Costs(a)Asset Write-offs(b)Severance and Employee BenefitsContract Cancellation Costs(c)Other(d)Total
Kemerton Train 1 Restructuring$7,476$(406)$—$—$55$7,125
Second Half 2024 Restructuring(e)212————212
$7,688$(406)$—$—$55$7,337
Three Months Ended June 30, 2025
Decommissioning Costs(a)Asset Write-offs(b)Severance and Employee BenefitsContract Cancellation Costs(c)Other(d)Total
Second Half 2024 Restructuring(e)$1,430$370$564$2,603$(683)$4,284

First 8 of 16 rows. The download has all of them.

Table 20 after “The following tables summarize the changes in restructuring liabilities for the six-month period ended June 30, 2026 (in thousands):”

Kemerton Train 1 RestructuringDecommissioning CostsAsset Write-offsSeverance and Employee BenefitsContract Cancellation CostsOtherTotal
Beginning balance at December 31, 2025$—$—$—$—$—$—
2026 charges11,8192,73215,3971,0131,24632,207
Change in estimate(a)—(406)———(406)
Cash payments(11,819)—(6,400)(266)(207)(18,692)
Asset write-off—(2,326)———(2,326)
Foreign currency translation adjustments——(193)——(193)
Ending balance at June 30, 2026(b)$—$—$8,804$747$1,039$10,590

First 8 of 14 rows. The download has all of them.

Table 21 after “The components of pension and postretirement benefits cost (credit) for the three-month and six-month periods ended June 30, 2026 and 2025 w”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Pension Benefits Cost (Credit):
Service cost$1,500$1,447$3,050$2,844
Interest cost8,3658,45416,77716,793
Expected return on assets(8,140)(8,588)(15,834)(17,123)
Amortization of prior service benefit20204039
Total net pension benefits cost$1,745$1,333$4,033$2,553

First 8 of 13 rows. The download has all of them.

Table 22 after “Basic and diluted earnings (loss) per share for the three-month and six-month periods ended June 30, 2026 and 2025 are calculated as follows”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Basic earnings (loss) per share
Numerator:
Net income attributable to Albemarle Corporation$479,959$22,897$799,050$64,245
Mandatory convertible preferred stock dividends(41,687)(41,687)(83,375)(83,375)
Net income (loss) attributable to Albemarle Corporation common shareholders$438,272$(18,790)$715,675$(19,130)
Denominator:

First 8 of 21 rows. The download has all of them.

Table 23 after “The following table summarizes the number of shares, calculated on a weighted average basis, not included in the computation of diluted earn”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Shares assuming the conversion of the mandatory convertible preferred stock—21,022—21,022
Shares under the stock compensation plans901,543901,352

Table 24 after “The following table provides details of our lease contracts for the three-month and six-month periods ended June 30, 2026 and 2025 (in thous”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Operating lease cost$9,298$8,605$18,974$17,337
Finance lease cost:
Amortization of right of use assets1,6132,0263,2224,024
Interest on lease liabilities1,5941,6123,1203,231
Total finance lease cost3,2073,6386,3427,255
Short-term lease cost4,1435,8339,49711,999

First 8 of 10 rows. The download has all of them.

Table 25 after “is as follows (in thousands):”

Six Months Ended June 30,
20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$18,389$17,042
Operating cash flows from finance leases3,1203,222
Financing cash flows from finance leases2,3092,427
Right-of-use assets obtained in exchange for lease obligations:
Operating leases10,41413,258

Table 26 after “and December 31, 2025 is as follows (in thousands, except as noted):”

June 30, 2026December 31, 2025
Operating leases:
Other assets$111,662$116,404
Accrued expenses26,43124,561
Other noncurrent liabilities95,723103,110
Total operating lease liabilities122,154127,671
Finance leases:
Net property, plant and equipment101,241103,915

First 8 of 17 rows. The download has all of them.

Table 27 after “Maturities of lease liabilities at June 30, 2026 were as follows (in thousands):”

Operating LeasesFinance Leases
Remainder of 2026$17,073$4,934
202724,8949,799
202820,6789,661
202918,0379,661
203012,8539,013
Thereafter101,062122,949
Total lease payments194,597166,017

First 8 of 10 rows. The download has all of them.

Table 28 after “(Unaudited)”

June 30, 2026December 31, 2025
Recorded AmountFair ValueRecorded AmountFair Value
(In thousands)
Long-term debt$1,883,644$1,820,107$3,207,210$3,112,590

Table 29 after “The following table summarizes the fair value of our derivative financial instruments included in the consolidated balance sheets as of June”

June 30, 2026December 31, 2025
AssetsLiabilitiesAssetsLiabilities
Designated as hedging instruments
Other assets$3,909$—$—$—
Other noncurrent liabilities—778——
Total designated as hedging instruments$3,909$778$—$—
Not designated as hedging instruments
Other current assets$—$—$2,163$—

First 8 of 11 rows. The download has all of them.

Table 30 after “The following table summarizes the net gains (losses) recognized for our derivative financial instruments during the three-month and six-mon”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Designated as hedging instruments
Gain (loss) recognized in Other comprehensive income$3,177$165$3,067$(66)
Not designated as hedging instruments
(Loss) gain recognized in Other income (expenses), net(a)$(4,432)$112,344$(20,216)$164,422

Table 31 after “The following tables set forth our financial assets and liabilities that were accounted for at fair value on a recurring basis as of June 30”

June 30, 2026Quoted Prices in Active Markets for Identical Items (Level 1)Quoted Prices in Active Markets for Similar Items (Level 2)Unobservable Inputs (Level 3)
Assets:
Investments under executive deferred compensation plan(a)$31,504$31,504$—$—
Public equity securities(b)$30,090$30,090$—$—
Private equity securities measured at net asset value(c)$4,531$—$—$—
Derivative financial instruments(d)$3,909$—$3,909$—
Liabilities:
Obligations under executive deferred compensation plan(a)$31,504$31,504$—$—

First 8 of 9 rows. The download has all of them.

Table 32 after “(Unaudited)”

December 31, 2025Quoted Prices in Active Markets for Identical Items (Level 1)Quoted Prices in Active Markets for Similar Items (Level 2)Unobservable Inputs (Level 3)
Assets:
Investments under executive deferred compensation plan(a)$30,750$30,750$—$—
Public equity securities(b)$29,047$29,047$—$—
Private equity securities measured at net asset value(c)$4,515$—$—$—
Derivative financial instruments(d)$2,163$—$2,163$—
Liabilities:
Obligations under executive deferred compensation plan(a)$30,750$30,750$—$—

First 8 of 9 rows. The download has all of them.

Table 33 after “Our consolidated statements of income include sales to and purchases from unconsolidated affiliates in the ordinary course of business as fo”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Sales to unconsolidated affiliates$—$676$—$2,212
Purchases from unconsolidated affiliates(a)$440,431$144,233$722,381$303,439

Table 34 after “Our consolidated balance sheets include accounts receivable due from and payable to unconsolidated affiliates in the ordinary course of busi”

June 30, 2026December 31, 2025
Receivables from unconsolidated affiliates$—$2,643
Payables to unconsolidated affiliates(a)$445,421$134,369

Table 35 after “(Unaudited)”

Energy StorageSpecialtiesTotal Segments
Three Months Ended June 30, 2026
Net sales(a)$1,276,684$423,484$1,700,168
Cost of goods sold(b)(727,831)(260,130)(987,961)
Selling, general and administrative expenses(b)(47,839)(24,468)(72,307)
Other segment items(c)(639)(1,914)(2,553)
Equity in net income of unconsolidated investments(d)223,082—223,082
Net income attributable to noncontrolling interests—(19,252)(19,252)

First 8 of 33 rows. The download has all of them.

Table 36 after “(Unaudited)”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Total segment adjusted EBITDA$841,177$292,702$1,468,662$537,723
Corporate and all other adjusted EBITDA16,92043,77353,24965,896
Depreciation and amortization(155,801)(168,731)(313,606)(330,485)
Interest and financing expenses(a)(30,924)(49,939)(64,045)(98,916)
Income tax expense(94,002)(34,094)(115,513)(30,116)
Proportionate share of Windfield income tax expense(b)(70,766)(33,150)(112,300)(58,476)

First 8 of 15 rows. The download has all of them.

Table 37 after “Total assets and investments in equity method investees by segment at June 30, 2026 and December 31, 2025 were as follows (in thousands):”

June 30,December 31,
20262025
Assets:
Energy Storage$11,415,555$11,086,694
Specialties2,081,5192,067,191
Total segment assets13,497,07413,153,885
Corporate and all other2,408,0213,220,326
Total assets$15,905,095$16,374,211

First 8 of 13 rows. The download has all of them.

Table 38 after “Additional segment information for the three-month and six-month periods ended June 30, 2026 and 2025 was as follows (in thousands):”

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net sales:
Energy Storage$1,276,684$717,656$2,167,849$1,242,221
Specialties423,484351,560781,897672,574
Total segment net sales1,700,1681,069,2162,949,7461,914,795
Corporate and all other43,145260,776222,298492,078
Total net sales$1,743,313$1,329,992$3,172,044$2,406,873

First 8 of 25 rows. The download has all of them.

Table 39 after “Supplemental information related to the condensed consolidated statements of cash flows is as follows (in thousands):”

Six Months Ended June 30,
20262025
Supplemental non-cash disclosure related to investing and financing activities:
Capital expenditures included in Accounts payable$68,514$100,149
Non-cash investments in equity investments(a)$53,000$—

Table 40 after “Net Sales”

In thousandsQ2 2026Q2 2025$ Change% Change
Net sales$1,743,313$1,329,992$413,32131%
•$561.8 million increase primarily attributable to higher pricing in Energy Storage and Specialties•$28.4 million increase primarily attributable to higher sales volume in Specialties•$215.3 million decrease attributable to the absence of Refining Solutions net sales as a result of its divestiture on March 2, 2026•$38.5 million of favorable currency translation resulting from the weaker U.S. Dollar against various currencies

Table 41 after “Gross Profit”

In thousandsQ2 2026Q2 2025$ Change% Change
Gross profit$590,301$196,876$393,425200%
Gross profit margin33.9%14.8%
•Lower average input costs, driven by the consumption of lower-priced raw material inventory in Energy Storage. The lower cost of goods sold of spodumene purchased from Windfield is offset in the equity in net income of unconsolidated investments in the period the converted inventory is sold to third-party customers•Favorable pricing in Energy Storage and Specialties and higher sales volume primarily driven by Specialties•Favorable currency exchange impacts resulting from the weaker U.S. Dollar against various currencies•Partially offset by the absence of Refining Solutions gross profit as a result of its divestiture on March 2, 2026

Table 42 after “Selling, General and Administrative (“SG&A”) Expenses”

In thousandsQ2 2026Q2 2025$ Change% Change
Selling, general and administrative expenses$126,353$132,457$(6,104)(5)%
Percentage of Net sales7.2%10.0%
•Decrease primarily driven by the absence of SG&A associated with Refining Solutions as a result of its divestiture on March 2, 2026, as well as the impact of cost savings initiatives•$8.3 million of gains from the sale of assets not part of our production operations in 2025

Table 43 after “Restructuring Charges and Asset Write-Offs”

In thousandsQ2 2026Q2 2025$ Change% Change
Restructuring charges and asset write-offs$7,337$4,448$2,88965%
•In 2026, we recorded decommissioning expenses related to the announced placement of Kemerton Train 1 into care and maintenance•In 2025, we primarily recorded adjustments to contract cancellation costs with key suppliers and costs to put Kemerton Train 2 into care and maintenance as part of the restructuring plan•See Note 10, “Restructuring Charges and Asset Write-offs,” to the Notes to the Condensed Consolidated Financial Statements in this Quarterly Report on Form 10-Q for further details

Table 44 after “Research and Development Expenses”

In thousandsQ2 2026Q2 2025$ Change% Change
Research and development expenses$3,667$12,444$(8,777)(71)%
Percentage of Net sales0.2%0.9%
•Reduction primarily driven by lower research and development spending in Specialties and Energy Storage as part of cost reduction efforts•Absence of research and development spending associated with Refining Solutions as a result of its divestiture on March 2, 2026

Table 45 after “Interest and Financing Expenses”

In thousandsQ2 2026Q2 2025$ Change% Change
Interest and financing expenses$(30,924)$(49,939)$19,015(38)%
•Lower debt balances in 2026 following the March 2026 early redemption of notes

Table 46 after “Other Income (Expenses), Net”

In thousandsQ2 2026Q2 2025$ Change% Change
Other income (expenses), net$19,629$(6,559)$26,188NM
•$38.0 million loss resulting from the redemption of preferred equity in a Grace subsidiary in 2025•$6.3 million increase in the fair market value adjustment of equity securities in public companies•$10.1 million of income in 2025 from PIK dividends of preferred equity prior to redemption•$5.4 million decrease attributable to interest income from lower interest rates in 2026

Table 47 after “Income Tax Expense”

In thousandsQ2 2026Q2 2025$ Change% Change
Income tax expense$94,002$34,094$59,908176%
Effective income tax rate21.3%(380.0)%
•2026 income tax expense was primarily the result of the geographic mix of earnings, including the impact from the valuation allowance for losses in the U.S., our consolidated Australian entities and certain entities in China•2025 income tax expense included the impact of the valuation allowance for losses in our consolidated Australian entities and certain entities in China

Table 48 after “Equity in Net Income of Unconsolidated Investments”

In thousandsQ2 2026Q2 2025$ Change% Change
Equity in net income of unconsolidated investments$151,564$78,258$73,30694%
•Increased earnings primarily due to higher pricing realized by the Windfield joint venture. Partially offset by lower deferred profits of the converted inventory sold by Albemarle to third-party customers•$12.1 million decrease attributable to unfavorable foreign exchange impacts from the Windfield joint venture

Table 49 after “Net Income Attributable to Noncontrolling Interests”

In thousandsQ2 2026Q2 2025$ Change% Change
Net income attributable to noncontrolling interests$(19,252)$(12,296)$(6,956)57%
•Increase in consolidated income related to our Jordan Bromine Company Limited (“JBC”) joint venture primarily due to higher pricing

Table 50 after “Net Income Attributable to Albemarle Corporation”

In thousandsQ2 2026Q2 2025$ Change% Change
Net income attributable to Albemarle Corporation$479,959$22,897$457,062NM
Percentage of Net sales27.5%1.7%
Net income (loss) attributable to Albemarle Corporation common shareholders$438,272$(18,790)$457,062NM
Basic earnings (loss) per share attributable to common shareholders$3.72$(0.16)$3.88NM
Diluted earnings (loss) per share attributable to common shareholders$3.52$(0.16)$3.68NM
•Increase in 2026 results due to reasons noted above•Net income (loss) attributable to Albemarle Corporation common shareholders includes reductions of $41.7 million for mandatory convertible preferred stock dividends in both 2026 and 2025

Table 51 after “Our CODM assesses the ongoing performance of the Company’s business segments and allocates resources by considering the variance in the actu”

Three Months Ended June 30,Percentage Change
2026%2025%2026 vs 2025
(In thousands, except percentages)
Net sales:
Energy Storage$1,276,68473.2%$717,65654.0%78%
Specialties423,48424.3%351,56026.4%20%
Total segment net sales1,700,16897.5%1,069,21680.4%59%
Corporate and all other43,1452.5%260,77619.6%(83)%

First 8 of 15 rows. The download has all of them.

Table 52 after “Table of Contents”

Three Months Ended June 30,
20262025
Total segment adjusted EBITDA$841,177$292,702
Corporate and all other adjusted EBITDA16,92043,773
Depreciation and amortization(155,801)(168,731)
Interest and financing expenses(30,924)(49,939)
Income tax expense(94,002)(34,094)
Proportionate share of Windfield income tax expense(a)(70,766)(33,150)

First 8 of 14 rows. The download has all of them.

Table 53 after “Energy Storage”

In thousandsQ2 2026Q2 2025$ Change% Change
Net sales$1,276,684$717,656$559,02878%
•$522.5 million increase attributable to favorable pricing impacts, primarily in battery- and technical-grade carbonate and hydroxide sold under index-referenced and variable-priced contracts•$2.0 million increase attributable to higher sales volume driven by customer demand, partially offset by unfavorable product mix and reduced tolling volumes•$34.6 million increase attributable to favorable currency translation resulting from the weaker U.S. Dollar against various currencies
Adjusted EBITDA$723,457$219,725$503,732229%
•Favorable pricing impacts in lithium carbonate and hydroxide•Increased equity earnings from higher spodumene pricing realized by the Windfield joint venture•Partially offset by increased commission expenses in Chile resulting from the higher pricing•$25.1 million increase attributable to favorable currency translation resulting from the weaker U.S. Dollar against various currencies

Table 54 after “Specialties”

In thousandsQ2 2026Q2 2025$ Change% Change
Net sales$423,484$351,560$71,92420%
•$38.5 million increase attributable to favorable pricing impacts in bromine and derivatives and flame retardants, partially offset by unfavorable pricing in lithium specialties•$29.7 million increase attributable to higher sales volumes primarily in flame retardants•$3.8 million increase attributable to favorable currency translation resulting from the weaker U.S. Dollar against various currencies
Adjusted EBITDA$117,720$72,977$44,74361%
•Higher sales volumes and favorable pricing•Partially offset by higher raw material input costs•$2.0 million increase attributable to favorable currency translation resulting from the weaker U.S. Dollar against various currencies

Table 55 after “Corporate and All Other”

In thousandsQ2 2026Q2 2025$ Change% Change
Net sales$43,145$260,776$(217,631)(83)%
•$215.3 million decrease attributable to the absence of Refining Solutions net sales as a result of its divestiture on March 2, 2026•$3.2 million decrease attributable to lower sales volumes in PCS
Adjusted EBITDA$16,920$43,773$(26,853)(61)%
•$32.9 million decrease attributable to the absence of Refining Solutions net sales as a result of its divestiture on March 2, 2026•Lower sales volumes in PCS•$12.3 million decrease attributable to unfavorable currency exchange impacts, including a $12.1 million decrease in foreign exchange impacts from our Windfield joint venture

Table 56 after “Net Sales”

In thousandsYTD 2026YTD 2025$ Change% Change
Net sales$3,172,044$2,406,873$765,17132%
•$833.9 million increase primarily attributable to higher pricing in Energy Storage and Specialties•$105.9 million increase attributable to higher sales volume in Energy Storage and Specialties•$254.1 million decrease attributable to the absence of Refining Solutions net sales as a results of its divestiture on March 2, 2026•$79.5 million of favorable currency translation resulting from the weaker U.S. Dollar against various currencies

Table 57 after “Gross Profit”

In thousandsYTD 2026YTD 2025$ Change% Change
Gross profit$1,091,267$353,175$738,092209%
Gross profit margin34.4%14.7%
•Lower average input costs, driven by the consumption of lower-priced raw material inventory in Energy Storage. The lower cost of goods sold of spodumene purchased from Windfield is offset in the equity in net income of unconsolidated investments in the period the converted inventory is sold to third-party customers•Favorable pricing and higher sales volume in both Energy Storage and Specialties•Favorable currency exchange impacts resulting from the weaker U.S. Dollar against various currencies•Partially offset by the absence of Refining Solutions gross profit as a result of its divestiture on March 2, 2026

Table 58 after “Selling, General and Administrative Expenses”

In thousandsYTD 2026YTD 2025$ Change% Change
Selling, general and administrative expenses$263,759$255,959$7,8003%
Percentage of Net sales8.3%10.6%
•Increase primarily driven by higher expenses for outside services used to support various projects•2026 result included a $3.9 million charge for a non-income tax audit of a facility no longer controlled by the Company•Partially offset by the absence of SG&A associated with Refining Solutions as a result of its divestiture on March 2, 2026, as well as cost savings initiatives•$11.4 million of gains from the sale of assets not part of our production operations in 2025

Table 59 after “Restructuring Charges and Asset Write-Offs”

In thousandsYTD 2026YTD 2025$ Change% Change
Restructuring charges and asset write-offs$33,203$3,385$29,818NM
•In 2026, we recorded severance and employee benefit charges, decommissioning expenses and other restructuring and asset-write off charges related to the announced placement of Kemerton Train 1 into care and maintenance•In 2025, we primarily recorded adjustments to contract cancellation costs with key suppliers and costs to put the Chengdu, China conversion facility and Kemerton Train 2 into care and maintenance as part of the restructuring plan. These costs were partially offset by proceeds for certain Kemerton equipment, and updated estimates concerning the progress of construction activities and related contractual obligations, resulting in a favorable adjustment of asset write-offs•See Note 10, “Restructuring Charges and Asset Write-offs,” to the Notes to the Condensed Consolidated Financial Statements in this Quarterly Report on Form 10-Q for further details

Table 60 after “Research and Development Expenses”

In thousandsYTD 2026YTD 2025$ Change% Change
Research and development expenses$12,837$26,543$(13,706)(52)%
Percentage of Net sales0.4%1.1%
•Reduction primarily driven by lower research and development spending in Specialties and Energy Storage as part of cost reduction efforts•Absence of research and development spending associated with Refining Solutions as a result of its divestiture on March 2, 2026

Table 61 after “Loss on Sale of Business”

In thousandsYTD 2026YTD 2025$ Change% Change
Loss on sale of business$95,018$—$95,018NM
•$95.0 million loss recorded related to the divestiture of the controlling ownership interest of the Refining Solutions business, representing the final consideration received less the carrying value on the date of sale

Table 62 after “Interest and Financing Expenses”

In thousandsYTD 2026YTD 2025$ Change% Change
Interest and financing expenses$(64,045)$(98,916)$34,871(35)%
•2026 included a gain on early extinguishment of debt of $12.5 million, representing the repurchase of notes in March 2026 at a discount, partially offset by tender premiums and redemption fees•Lower debt balances in 2026 following the March 2026 early redemption of notes

Table 63 after “Other Income, Net”

In thousandsYTD 2026YTD 2025$ Change% Change
Other income, net$73,439$3,691$69,748NM
•$42.3 million gain recorded related to the divestiture of our 50% ownership interest in the Eurecat S.A. joint venture, representing the final consideration received less the carrying value of the investment on the date of sale•$38.0 million loss resulting from the redemption of preferred equity in a Grace subsidiary in 2025•$11.0 million increase attributable to foreign exchange impacts from lower losses recorded in 2026•$10.1 million decrease attributable to interest income from lower interest rates in 2026

Table 64 after “Income Tax Expense”

In thousandsYTD 2026YTD 2025$ Change% Change
Income tax expense$115,513$30,116$85,397284%
Effective income tax rate16.6%(107.8)%
•2026 income tax expense was primarily the result of the geographic mix of earnings, including the impact from the valuation allowance for losses in the U.S., our consolidated Australian entities and certain entities in China•2025 income tax expense was primarily the result of the geographic mix of earnings, including the impact from the valuation allowance for losses in our consolidated Australian entities and certain entities in China

Table 65 after “Equity in Net Income of Unconsolidated Investments”

In thousandsYTD 2026YTD 2025$ Change% Change
Equity in net income of unconsolidated investments$247,857$142,544$105,31374%
•Increased earnings primarily due to higher pricing realized by the Windfield joint venture. Partially offset by lower deferred profits of the converted inventory sold by Albemarle to third-party customers•$3.2 million decrease attributable to unfavorable foreign exchange impacts from the Windfield joint venture

Table 66 after “Net Income Attributable to Noncontrolling Interests”

In thousandsYTD 2026YTD 2025$ Change% Change
Net income attributable to noncontrolling interests$(29,138)$(20,246)$(8,892)44%
•Increase in consolidated income related to our JBC joint venture primarily due to higher pricing

Table 67 after “Net Income Attributable to Albemarle Corporation”

In thousandsYTD 2026YTD 2025$ Change% Change
Net income attributable to Albemarle Corporation$799,050$64,245$734,805NM
Percentage of Net sales25.2%2.7%
Net income (loss) attributable to Albemarle Corporation common shareholders$715,675$(19,130)$734,805NM
Basic earnings (loss) per share$6.07$(0.16)$6.23NM
Diluted earnings (loss) per share$5.87$(0.16)$6.03NM
•Increase in 2026 results due to reasons noted above•Net income (loss) attributable to Albemarle Corporation common shareholders includes reductions of $83.4 million for mandatory convertible preferred stock dividends in both 2026 and 2025

Table 68 after “Summarized financial information concerning our reportable segments is shown in the following tables.”

Six Months Ended June 30,Percentage Change
2026%2025%2026 vs 2025
(In thousands, except percentages)
Net sales:
Energy Storage$2,167,84968.3%$1,242,22151.6%75%
Specialties781,89724.7%672,57428.0%16%
Total segment net sales2,949,74693.0%1,914,79579.6%54%
Corporate and all other222,2987.0%492,07820.4%(55)%

First 8 of 15 rows. The download has all of them.

Table 69 after “See below for a reconciliation of total segment adjusted EBITDA to consolidated Net income attributable to Albemarle Corporation, the most d”

Six Months Ended June 30,
20262025
Total segment adjusted EBITDA$1,468,662$537,723
Corporate and all other adjusted EBITDA53,24965,896
Depreciation and amortization(313,606)(330,485)
Interest and financing expenses(a)(64,045)(98,916)
Income tax expense(115,513)(30,116)
Proportionate share of Windfield income tax expense(b)(112,300)(58,476)

First 8 of 15 rows. The download has all of them.

Table 70 after “Energy Storage”

In thousandsYTD 2026YTD 2025$ Change% Change
Net sales$2,167,849$1,242,221$925,62875%
•$788.4 million increase attributable to favorable pricing impacts, primarily in battery- and technical-grade carbonate and hydroxide sold under index-referenced and variable-priced contracts•$73.0 million increase attributable to higher sales volume driven by customer demand, partially offset by reduced tolling volumes•$64.3 million increase attributable to favorable currency translation resulting from the weaker U.S. Dollar against various currencies
Adjusted EBITDA$1,274,813$406,080$868,733214%
•Favorable pricing impacts in lithium carbonate and hydroxide•Increased equity earnings from higher spodumene pricing realized by the Windfield joint venture•Partially offset by increased commission expenses in Chile resulting from the higher pricing•$43.6 million increase attributable to favorable currency translation resulting from the weaker U.S. Dollar against various currencies

Table 71 after “Specialties”

In thousandsYTD 2026YTD 2025$ Change% Change
Net sales$781,897$672,574$109,32316%
•$51.1 million increase attributable to higher sales volumes primarily in flame retardants•$43.6 million increase attributable to favorable pricing impacts in bromine and derivatives and flame retardants, partially offset by unfavorable pricing in lithium specialties•$14.7 million increase attributable to favorable currency translation resulting from the weaker U.S. Dollar against various currencies
Adjusted EBITDA$193,849$131,643$62,20647%
•Higher sales volumes and favorable pricing•Partially offset by higher raw material input costs•$7.0 million increase attributable to favorable currency translation resulting from the weaker U.S. Dollar against various currencies

Table 72 after “Corporate and All Other”

In thousandsYTD 2026YTD 2025$ Change% Change
Net sales$222,298$492,078$(269,780)(55)%
•$254.1 million decrease attributable to the absence of Refining Solutions net sales as a result of its divestiture on March 2, 2026•$18.1 million decrease attributable to lower sales volumes in PCS•$1.9 million increase attributable to favorable pricing impacts in PCS
Adjusted EBITDA$53,249$65,896$(12,647)(19)%
•$29.1 million decrease attributable to the absence of Refining Solutions net sales as a result of its divestiture on March 2, 2026•Lower sales volumes in PCS•$7.7 million increase attributable to favorable currency exchange impacts, net of a $3.2 million decrease in foreign exchange impacts from our Windfield joint venture

Table 73 after “We currently have the following unsecured notes outstanding:”

Issue Month/YearPrincipal (in millions)Interest RateInterest Payment DatesMaturity Date
November 2019€500.01.625%November 25November 25, 2028
November 2019(a)$109.23.45%May 15 and November 15November 15, 2029
May 2022(a)$415.75.05%June 1 and December 1June 1, 2032
November 2014(a)$201.05.45%June 1 and December 1December 1, 2044
May 2022(a)$195.75.65%June 1 and December 1June 1, 2052

Table 74 after “Summarized Statement of Operations”

$ in thousandsSix Months Ended June 30, 2026Year Ended December 31, 2025
Net sales(a)$678,294$741,274
Gross profit389,449238,415
Loss before income taxes and equity in net income of unconsolidated investments(b)(59,294)(315,779)
Net loss attributable to the Parent Guarantor and the Issuer(78,271)(324,323)

Table 75 after “Summarized Balance Sheet”

$ in thousandsJune 30, 2026December 31, 2025
Current assets(a)$2,779,973$2,477,653
Net property, plant and equipment1,998,2851,917,878
Other noncurrent assets(b)1,322,0831,555,670
Current liabilities(c)$4,826,664$4,322,260
Long-term debt962,1952,254,535
Other noncurrent liabilities(d)5,255,6245,227,721

Table 76 after “Summarized Statement of Operations”

$ in thousandsSix Months Ended June 30, 2026Year Ended December 31, 2025
Net sales(a)$351,079$521,976
Gross profit225,991296,868
Loss before income taxes and equity in net income of unconsolidated investments(b)(188,505)(237,553)
Loss attributable to the Subsidiary Guarantor and the Parent Issuer(208,050)(254,488)

Table 77 after “Summarized Balance Sheet”

$ in thousandsJune 30, 2026December 31, 2025
Current assets(a)$2,688,659$2,520,047
Net property, plant and equipment899,267790,786
Other non-current assets(b)429,367667,148
Current liabilities(c)$4,755,612$4,284,798
Long-term debt1,372,1802,621,531
Other noncurrent liabilities(d)5,272,6955,247,889

Table 78 after “(a) Exhibits”

10.1Albemarle Corporation 2026 Incentive Plan [filed as Exhibit B to the Company's Definitive Proxy Statement filed on March 24, 2026, and incorporated herein by reference].
*31.1Certification of Principal Executive Officer pursuant to Rule 13a-14(a).
*31.2Certification of Principal Financial Officer pursuant to Rule 13a-14(a).
*32.1Certification of Principal Executive Officer pursuant to Rule 13a-14(b) and 18 U.S.C. Section 1350.
*32.2Certification of Principal Financial Officer pursuant to Rule 13a-14(b) and 18 U.S.C. Section 1350.
*101Interactive Data File (Quarterly Report on Form 10-Q, for the quarterly period ended June 30, 2026, furnished in XBRL (eXtensible Business Reporting Language)).
*104Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).