v3.26.1
Consolidated Statements of Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net sales $ 1,743,313 $ 1,329,992 $ 3,172,044 $ 2,406,873
Cost of goods sold [1] 1,153,012 1,133,116 2,080,777 2,053,698
Gross profit 590,301 196,876 1,091,267 353,175
Selling, general and administrative expenses 126,353 132,457 263,759 255,959
Restructuring charges and asset write-offs 7,337 4,448 33,203 3,385
Research and development expenses 3,667 12,444 12,837 26,543
Loss on sale of business 0 0 95,018 0
Operating profit 452,944 47,527 686,450 67,288
Interest and financing expenses (30,924) (49,939) (64,045) (98,916)
Other income (expenses), net 19,629 (6,559) 73,439 3,691
Income (loss) before income taxes and equity in net income of unconsolidated investments 441,649 (8,971) 695,844 (27,937)
Income tax expense 94,002 34,094 115,513 30,116
Income (loss) before equity in net income of unconsolidated investments 347,647 (43,065) 580,331 (58,053)
Equity in net income of unconsolidated investments (net of tax) 151,564 78,258 247,857 142,544
Net income 499,211 35,193 828,188 84,491
Net income attributable to noncontrolling interests (19,252) (12,296) (29,138) (20,246)
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)
Basic earnings (loss) per share attributable to common shareholders (in dollars per share) $ 3.72 $ (0.16) $ 6.07 $ (0.16)
Diluted earnings (loss) per share attributable to common shareholders (in dollars per share) $ 3.52 $ (0.16) $ 5.87 $ (0.16)
Weighted-average common shares outstanding - basic (in shares) 117,961 117,665 117,907 117,634
Weighted-average common shares outstanding - diluted (in shares) 136,212 117,665 136,170 117,634
[1] Included purchases from related unconsolidated affiliates of $322.5 million and $158.6 million for the three-month periods ended June 30, 2026 and 2025, respectively, and $450.7 million and $278.5 million for the six-month periods ended June 30, 2026 and 2025, respectively.