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Material event since the last analyzed call: Named Ragnar Udd to succeed Kent Masters as CEO effective February 2027 (Sep 3, 2026). See corporate events below.
Top analysts & firms
All analyzed callsNot limited to the selected quarter · analysts and firms with 2 or more questions
What does “challenging” mean?
Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Most active analysts
Analyst
Firm
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Albemarle surged with revenue up 33% year-over-year and adjusted EBITDA more than doubling to $664 million as Energy Storage pricing jumped 51% driving a near-tripling of segment EBITDA. The Specialties outlook was raised on stronger pricing and volume execution while the balance sheet was transformed with $1.3 billion in debt repaid and net leverage reaching 1x. The dramatic recovery reflected both lithium pricing improvement and the cumulative impact of the operational restructuring program executed through the downcycle.
Key themes
7
positive📊 company
Revenue Surges 33% With Adjusted EBITDA More Than Doubling
First quarter net sales of $1.4 billion increased 33% year over year driven by higher volumes and pricing in both segments. Adjusted EBITDA of $664 million was up 148% year over year. Adjusted EBITDA margin expanded over 20 percentage points versus prior year. Diluted EPS of $2.34.
Revenue Growth
Margin
positive📊 company
Specialties Outlook Raised On Stronger Pricing And Volume Execution
Raised Specialties net sales guidance to $1.3 billion to $1.5 billion and adjusted EBITDA to $225 million to $275 million. Specialties EBITDA up 30% year over year in Q1 driven by higher pricing, favorable product mix, and cost improvements. EBITDA margin now expected in the high teens.
Revenue GrowthMargin
positive📊 company
Energy Storage Pricing Up 51% Driving Near-Tripling Of Segment EBITDA
Energy Storage pricing increased 51% year over year with volumes up 14%. Net sales increased 70% and adjusted EBITDA nearly tripled. Average realized price approximately $17 per kilogram LCE with gap versus market price driven by contract lag and spodumene mix dilution.
PricingMargin
positive📊 company
Balance Sheet Transformed With $1.3B Debt Repaid And 1x Leverage
Repaid $1.3 billion of debt in Q1 following Eurecat and Ketjen divestiture proceeds. Weighted average interest rate reduced to 3.1% with annual interest expense lowered by approximately $60 million. Net debt-to-EBITDA leverage ratio fell to 1x. No major maturities until late 2028.
Capital Allocation
negative🌍 macro
Middle East Supply Chain Disruptions Create $70-$90M Headwind
Estimated full-year unmitigated cost impact of $70-90 million from Middle East supply chain disruptions. Impact offset by reduced interest expense from debt repayment and stronger Specialties performance. Total company outlook scenarios maintained despite disruptions.
Supply Chain
positive🏢 sector
Lithium Consumption Up 37% YTD Tracking Upper Forecast Range
Global lithium consumption up 37% year to date, toward the upper range of the 2026 forecast of 15-40%. Lithium demand expected to be relatively resilient to Middle East situation. Battery company order books full through beginning of 2027.
DemandCompetitive Dynamics
positive🌍 macro
Global Energy Storage Demand Up 117% Year Over Year
Energy storage demand surged 117% year over year, more than compensating for weak Q1 EV unit sales. Developing markets grew 74% year over year as EV penetration diversifies globally. European EV sales show robust growth driven by policy support in Germany, France, and UK.
you did $75 million, $76 million in the first quarter EBITDA, higher in the second quarter. What's causing that to drop off in your outlook in the back half of the year?
Given the $20 a kilogram spot price you guys experienced in the first quarter, I would have thought margins would be closer to 50%. So just kind of why were they so much better?
you're talking about Q2 margins guidance or commentary as if spot prices hold Q1 levels. Our prices or market prices are actually higher in Q2 than Q1. So can you talk about that?
one of your JV partners really went public the other week and talked about safety, and it was in the prepared remarks, and it was very aggressive in wanting to call out to the public what they feel...
can you talk a little bit about whether there's any advantages or disadvantages for you if the LFP producers need to switch to yellow phosphorus to reduce their sulfur consumption
one of your JV partners noted some issues around grade recoveries and production stability, maybe even suggesting that they're more systemic. I guess, is this in line with your assessment?
you seem to hint the broader deployment of renewables as a result of the crisis could be a potential positive for lithium demand. I guess, is that anything that you've seen already?
Filed after the FY2026 Q1 call day (May 7, 2026) through the next call day (Aug 6, 2026)From SEC 8-K filings
No 8-K events recorded for this window.
Mentions
Calendar Q1 2026
What ALB said about other companies on its FY2026 Q1 call, and what other companies said about ALB on their calls covering the same calendar quarter (Q1 2026). Each company's own fiscal quarter is shown next to its name. Extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
Companies ALB discussed
2 mentions
CATLNot covered by TellvestFY2026 Q1Competitor
“almost going on a year for the CATL mine, I think we understand that to be more about permitting rather than operations, but then that still has to play out.”
Albemarle notes CATL's captive lepidolite mine in China has been offline for nearly a year, which it attributes to permitting rather than operations - a supply factor in the lithium market.
TalisonNot covered by TellvestFY2026 Q1Partner
“Our team is working closely with Talison's management team on value optimization studies to unlock the additional value as part of a multiyear transformation.”
Albemarle is working with Talison's management (the Greenbushes JV operator) on value-optimization studies as part of a multiyear transformation.
CompanyFiscal year ends DecMost recent earnings call: Aug 6, 2026 (FY2026 Q2)Next earnings call: Nov 4, 2026
9/ 10
FY2026 Q1Positive±0.0 vs FY2025 Q4
Calendar quarter Q1 2026Earnings call May 7, 2026
FY2026 Q1 in brief
Albemarle surged with revenue up 33% year-over-year and adjusted EBITDA more than doubling to $664 million as Energy Storage pricing jumped 51% driving a near-tripling of segment EBITDA.
PositiveRevenue Surges 33% With Adjusted EBITDA More Than Doubling
PositiveSpecialties Outlook Raised On Stronger Pricing And Volume Execution
PositiveEnergy Storage Pricing Up 51% Driving Near-Tripling Of Segment EBITDA
Analyst challenge ratePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. · all analyzed quarters
10%
Share price · trailing year
daily closes, last 12 months — not scoped to the selected quarter · dots mark earnings calls, colored by that quarter’s score
Sources.Tellvest earnings-call sentiment score for Albemarle Corporation (ALB), FY2026 Q1: 9/10. Scores: Albemarle Corporation’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: ALB daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
Quarter
company-level, not the selected quarter
GAAP revenue YoY +32.7% → base 8. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
▸How this score was built
Base8Base 8GAAP revenue YoY +32.7% → base 8. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript0Transcript 0ALB is a specialty chemicals/lithium company, not in the Sector Rules Table. GAAP revenue growth of +32.67% reflects genuine improvement from higher lithium pricing (+51% Energy Storage) and volume growth (+14% Energy Storage, +7% Specialties). No structural GAAP distortion. transcript_adjustment = 0.+EPS+1EPS +1Turnaround from loss: prior Q1 2025 GAAP EPS approximately -$0.003 (essentially breakeven negative), current Q1 2026 EPS +$2.34. EPS YoY is null due to near-zero denominator. Per turnaround rule: use operating income spread as sole EPS input, operating income spread: 1231.43 - 32.67 = 1198.76 percentage points, outside +5 percentage points → EPS adjustment = +1.+Guidance0Guidance 0Management maintained total company outlook scenarios ($10/$20/$30 per kg LCE) despite Middle East supply chain disruptions. Specialties segment outlook raised but offset at enterprise level by disruption costs. No computable percentage change against a prior specific guided midpoint. Maintained.=Final9
How this score was built
Base8Base 8GAAP revenue YoY +32.7% → base 8. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript0Transcript 0ALB is a specialty chemicals/lithium company, not in the Sector Rules Table. GAAP revenue growth of +32.67% reflects genuine improvement from higher lithium pricing (+51% Energy Storage) and volume growth (+14% Energy Storage, +7% Specialties). No structural GAAP distortion. transcript_adjustment = 0.+
215.62
88.45
4
9
9
Oct 25Oct 26
EPS+1
EPS +1Turnaround from loss: prior Q1 2025 GAAP EPS approximately -$0.003 (essentially breakeven negative), current Q1 2026 EPS +$2.34. EPS YoY is null due to near-zero denominator. Per turnaround rule: use operating income spread as sole EPS input, operating income spread: 1231.43 - 32.67 = 1198.76 percentage points, outside +5 percentage points → EPS adjustment = +1.
+
Guidance0Guidance 0Management maintained total company outlook scenarios ($10/$20/$30 per kg LCE) despite Middle East supply chain disruptions. Specialties segment outlook raised but offset at enterprise level by disruption costs. No computable percentage change against a prior specific guided midpoint. Maintained.
=
Final9
Key financials
FY2026 Q1 selectedReported GAAP figures from SEC filings
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Quarter
Revenue
Rev YoY
EPS
EPS YoY
Gross margin
Op margin
Net margin
FCF
FY2024 Q4
$1.23B
-47.7%
$0.29
+105.5%
11.2%
0.4%
6.1%
$-355M
FY2025 Q1
$1.08B
-20.9%
$0.00
+100.0%
14.5%
1.8%
3.8%
$363M
FY2025 Q2
$1.33B
-7.0%
$-0.16
+91.8%
14.8%
3.6%
1.7%
$-127M
FY2025 Q3
$1.31B
-3.5%
$-1.72
+81.8%
9.0%
-16.6%
-12.3%
$223M
FY2025 Q4
$1.43B
+15.9%
$-3.87
-1434.5%
13.9%
-15.2%
-29.0%
$233M
FY2026 Q1Selected
$1.43B
+32.7%
$2.34
—
35.1%
16.3%
22.3%
$248M
FY2026 Q2
$1.74B
+31.1%
$3.52
+2300.0%
33.9%
26.0%
27.5%
$638M
As stated by management
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
EPS
“$2.34 diluted earnings per share”
Revenue
“net sales $1.4 billion, up 33% year over year”
Guidance
“total company outlook scenarios maintained; Specialties raised to $1.3-1.5B sales / $225-275M EBITDA; Middle East headwind offset by debt reduction savings and Specialties strength”
Key metric
“adjusted EBITDA $664 million (+148% YoY); operating cash flow $346 million; free cash flow $248 million; net debt-to-EBITDA 1x”
Air Products delivered Q2 EPS of $3.20 growing 19% as sales rose 9% driven by volume-led growth across the core industrial gas portfolio, the strongest top-line performance in several quarters
Sales surged 8% to $8.8 billion with EPS of $4.33 up 10%, or 5% excluding favorable currency translation, as margin expansion tracked at the upper end of the range
Air Products delivered Q2 EPS of $3.20 growing 19% as sales rose 9% driven by volume-led growth across the core industrial gas portfolio, the strongest top-line performance in several quarters
Sales surged 8% to $8.8 billion with EPS of $4.33 up 10%, or 5% excluding favorable currency translation, as margin expansion tracked at the upper end of the range