Albemarle Corporation income statement
In fiscal 2025, Albemarle Corporation reported revenue of $5.14bn, down 4.4% on the year before, operating income of −$367m (a -7.1% margin) and net income of −$511m, or −$5.76 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,005 | 2,363 | 2,869 | 2,519 | 2,394 | 2,446 | 2,826 | 2,677 | 3,072 | 3,375 | 3,589 | 3,129 | 3,328 | 7,320 | 9,617 | 5,378 | 5,143 | 5,908 |
| Cost of revenue | — | — | — | — | — | — | — | 1,707 | 1,966 | 2,158 | 2,332 | 2,134 | 2,330 | 4,246 | 8,431 | 5,315 | 4,474 | 4,501 |
| Gross profit | 484 | 742 | 955 | 899 | 850 | 771 | 860 | 970 | 1,106 | 1,217 | 1,258 | 995 | 998 | 3,075 | 1,186 | 63 | 669 | 1,407 |
| Research and development | 61 | 58 | 77 | 79 | 82 | 88 | 89 | 80 | 84 | 70 | 58 | 59 | 54 | 72 | 86 | 87 | 51 | 38 |
| Selling, general and administrative | 213 | 275 | 360 | 308 | 158 | 355 | 300 | 354 | 450 | 446 | 533 | 430 | 441 | 524 | 910 | 618 | 550 | 558 |
| Operating income | 186 | 402 | 518 | 400 | 577 | 271 | 345 | 601 | 572 | 912 | 666 | 506 | 798 | 2,470 | 252 | −1,777 | −367 | 252 |
| Income before tax | 257 | 527 | 712 | 661 | 534 | 539 | 311 | 515 | 447 | 795 | 563 | 374 | 134 | 2,433 | 247 | −1,764 | −552 | 172 |
| Income tax | −7 | 88 | 104 | 80 | 134 | 18 | 11 | 96 | 432 | 145 | 88 | 54 | 29 | 391 | 430 | 87 | 157 | 242 |
| Net income | 178 | 316 | 392 | 312 | 413 | 133 | 335 | 644 | 55 | 694 | 533 | 376 | 124 | 2,690 | 1,573 | −1,179 | −511 | 224 |
| Diluted EPS | $1.94 | $3.43 | $4.28 | $3.47 | $4.90 | $1.69 | $3.00 | $5.68 | $0.49 | $6.34 | $5.02 | $3.52 | $1.06 | $22.84 | $13.36 | −$11.20 | −$5.76 | $1.83 |
| Diluted shares (average) | 92m | 92m | 92m | 90m | 84m | 79m | 112m | 113m | 112m | 109m | 106m | 107m | 117m | 118m | 118m | 118m | 118m | 123m |
| EBITDA | 287 | 498 | 615 | 499 | 684 | 375 | 605 | 827 | 769 | 1,112 | 880 | 738 | 1,052 | 2,771 | 682 | −1,188 | 292 | 894 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,355 | 1,232 | 1,077 | 1,330 | 1,308 | 1,428 | 1,429 | 1,743 |
| Cost of revenue | 1,459 | 1,094 | 921 | 1,133 | 1,190 | 1,230 | 928 | 1,153 |
| Gross profit | −104 | 138 | 156 | 197 | 118 | 198 | 501 | 590 |
| Research and development | 22 | 20 | 14 | 12 | 13 | 12 | 9 | 4 |
| Selling, general and administrative | 154 | 136 | 124 | 132 | 139 | 156 | 137 | 126 |
| Operating income | −1,109 | 4 | 20 | 48 | −217 | −217 | 234 | 453 |
| Income before tax | −1,179 | 77 | −19 | −9 | −239 | −285 | 254 | 442 |
| Income tax | 111 | 11 | −4 | 34 | −31 | 157 | 22 | 94 |
| Net income | −1,069 | 75 | 41 | 23 | −161 | −414 | 319 | 480 |
| Diluted EPS | −$9.45 | $0.29 | $0.00 | −$0.16 | −$1.72 | −$3.88 | $2.34 | $3.52 |
| EBITDA | −945 | 168 | 182 | 216 | −53 | −54 | 391 | 609 |
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