Albemarle reports Q2 2026 net sales up 31% and net income surges to $480M on strong lithium and specialty pricing.

Albemarle Corporation posted strong Q2 2026 results with net sales rising 31% to $1.7 billion, driven by higher pricing in Energy Storage (+73%) and increased pricing and volumes in Specialties. Net income soared to $480 million, a nearly 20-fold increase from the prior year, supported by a 155% jump in adjusted EBITDA to $858 million due to pricing strength and productivity gains. The company raised its full-year 2026 outlook for Specialties sales and EBITDA, expects minimal impact from a June fire at Talison CGP3 on Energy Storage volumes, and lowered capital expenditure forecasts to $500 million. Albemarle continues to benefit from resilient demand in electric vehicles, energy storage, and semiconductors, while maintaining disciplined capital allocation and cost management.