FMC Corporation — Feb 4, 2026 release

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 and 125.7 million diluted shares for Q1. *Percentages are calculated using whole numbers. Minor differences may exist due to rounding. India excluded from 2026 guidance and H2 2025 actuals. Variances are calculated versus 2025 results, which include India in the first half of the year. Fourth Quarter and Full Year 2025 Results FMC reported fourth quarter 2025 revenue of $1.08 billion, a decline of 12 percent versus fourth quarter 2024. Fourth quarter revenue excluding India was $1.09 billion, 11 percent lower than prior year, which included India, and down 13 percent organically. 2 Fourth quarter revenue was driven by a 6 percent price de