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Albemarle — Feb 11, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000915913-26-000016
Open on SEC.gov ↗
Showing in the filing
Energy Storage Equity in net income of unconsolidated investments (net of tax) (Observed market price case: 2021-2025 avg., ~$30/kg LCE)
“$1.0 - $1.1 billion”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 35
Closing of sale of controlling stake in Ketjen for Q1 FY2026
“Q1 2026”
Free cash flow generation for FY2026
“Meaningful free cash flow generation assuming recent higher lithium prices”
Energy Storage production volumes for FY2026
“expected to increase year-over-year”
Energy Storage sales volumes for FY2026
“expected to be approximately flat following inventory drawdowns that occurred in 2025”
Average lithium market price ($/kg LCE) (a) for FY2025
“~$20”
Net sales for FY2025
“$4.1 - $4.3 billion”
Total Corporate Net sales (Observed market p… for FY2025
“$4.1 - $4.3 billion”
Net sales for FY2026
“$5.7 - $6.0 billion”
Total Corporate Net sales (Observed market p… for FY2025
“$5.7 - $6.0 billion”
Total Corporate Net sales (Observed market p… for FY2025
“$7.5 - $7.8 billion”
Net sales for FY2021
“$7.5 - $7.8 billion”
Total Corporate Adjusted EBITDA (Observed ma… for FY2025
“$0.9 - $1.0 billion”
Total Corporate Adjusted EBITDA (Observed ma… for FY2025
“$2.4 - $2.6 billion”
Total Corporate Adjusted EBITDA (Observed ma… for FY2025
“$4.2 - $4.4 billion”
Energy Storage Net sales (Observed market pr… for FY2025
“$2.5 - $2.6 billion”
Energy Storage Net sales (Observed market pr… for FY2025
“$4.0 - $4.2 billion”
Energy Storage Net sales (Observed market pr… for FY2025
“$5.9 - $6.1 billion”
Adjusted EBITDA for FY2025
“$0.7 - $0.8 billion”
Energy Storage Adjusted EBITDA (Observed mar… for FY2025
“$0.7 - $0.8 billion”
Adjusted EBITDA for FY2026
“$2.1 - $2.3 billion”
Energy Storage Adjusted EBITDA (Observed mar… for FY2025
“$2.1 - $2.3 billion”
Energy Storage Adjusted EBITDA (Observed mar… for FY2025
“$3.9 - $4.1 billion”
Adjusted EBITDA for FY2021
“$3.9 - $4.1 billion”
Energy Storage Equity in net income of uncon… for FY2025
“$0.2 - $0.3 billion”
Energy Storage Equity in net income of uncon… for FY2025
“$0.6 - $0.7 billion”
Energy Storage Equity in net income of uncon… for FY2025
“$1.0 - $1.1 billion”
Specialties net sales for FY2026
“$1.2 - $1.4 billion”
Specialties adjusted EBITDA for FY2026
“$170 - $230 million”
EBITDA and equity income contributions from …
“expected to be immaterial post transaction”
Capital expenditures for FY2026
“$550 million to $600 million”
Depreciation and amortization for FY2026
“$660 - $680 million”
Adjusted effective tax rate (a) for FY2026
“(50%) - 30%”
Corporate adjusted EBITDA (incl. FX, Ketjen … for FY2026
“($20) - $20 million”
Interest and financing expenses for FY2026
“$150 - $170 million”
Weighted-average common shares outstanding (… for FY2026
“~118 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
Average lithium market price ($/kg LCE) (a) ~$10 ~$20 ~$30 Net sales $2.5 - $2.6 billion $4.0 - $4.2 billion $5.9 - $6.1 billion Adjusted EBITDA $0.7 - $0.8 billion $2.1 - $2.3 billion $3.9 - $4.1 billion Equity in net income of unconsolidated investments (net of tax) (b) $0.2 - $0.3 billion $0.6 - $0.7 billion $1.0 - $1.1 billion (a)    Price represents blend of relevant market pricing including spot and regional indices for the periods referenced. (b)    Included in adjusted EBITDA on a pre-tax basis. Specialties Outlook Considerations Specialties outlook reflects modest volume growth in key end markets led by semiconductor and pharmaceutical partially offset by expected softness in automotive, building and construction and oil and gas. Net sales are expected to be flat to down and adjusted EBITDA is expected to be lower in 2026 compared to 2025 due, in part, to lithium specialties pricing, which has adjusted lower from the previous peak, and reduced demand for clear brine fluids due to weakness in oil and gas markets. Production volume in 2026 is expected to be impacted by a major flooding event that occurred at our Jordan Bromine Company (JBC) joint venture in January 2026. JBC has since returned to full operating rates. 3 Segment FY 2026E Specialties net sales $1.2 - $1.4 billion Specialties adjusted EBITDA $170 - $230 million Other Corporate Outlook Considerations Following the sale of a controlling stake in Ketjen, which is expected to close in the first quarter of 2026, the refining catalyst busines
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.