Albemarle Reports Q2 Sales and Adjusted EBITDA Growth, Raises Specialties Outlook

Albemarle reported second-quarter 2026 net sales of $1.74 billion, net income of $480 million, diluted EPS of $3.52 and adjusted EBITDA of $858 million for the period ended June 30, 2026. Energy Storage sales rose 78% to $1.28 billion on higher lithium pricing, while Specialties sales increased 21% to $423 million; the company raised its full-year Specialties outlook to $1.4–$1.6 billion in sales and $275–$325 million in adjusted EBITDA, lowered 2026 capital spending to about $500 million, and expects minimal Energy Storage volume impact from the June 9 Talison CGP3 fire.