FMC Corporation — Feb 4, 2026 release

First Quarter 2026 Outlook 1 First quarter revenue guidance 1 is between $725 million and $775 million, a decline of 5 percent at the midpoint versus prior year driven by a mid-single digit price headwind. Volume is expected to be up slightly with modest growth in most regions, more than offset by the removal of India. 1 FX is expected to provide a low-single digit tailwind. Adjusted EBITDA is expected to be between $45 million and $55 million, a 58 percent decrease versus prior year. The lower result is driven by pricing as well as headwinds unique to the first quarter. While manufacturing costs are expected to be a full year tailwind, they are a headwind in Q1. Further, tariffs represent a full year $20 million headwind, nearly all of which is expected to be realized in the first quarter. These two factors, coupled with lower sales in the quarter, result in an abnormally low EBITDA margin. EBITDA margins in subsequent quarters are expected to return to more historical levels from higher sales and favorable costs. Adjusted EPS is expected to be negative $0.44 to negative $0.32 representing a midpoint decrease of $0.56 versus prior year driven by lower EBITDA and higher interest expense. Full Year 2026 Outlook 1 Q1 2026 Outlook 1 Revenue excluding India $3.60 billion to $3.80 billion $725 million to $775million Growth at midpoint vs. 2025* -5% -5% Adjusted EBITDA $670 million to $730 million $45 million to $55 million Growth at midpoint vs. 2025* -17% -58% Adjusted EPS^ $1.63 to $1.89 $(0.44) to $(0.32) Growth at midpoint vs. 2025* $(1.20) $(0.56) ^Adjusted EPS estimates assume 125.7 million diluted shares for full year