Inferra AI / Company / FMC

FMC Corp

FMC · Materials

Last earnings Oct 29, 2026

Key results

Revenuequarter

$867 million

Revenue of $867 million, down 17 percent versus Q2 2025 Revenue excluding India 1 of $841 million, down 20 percent versus Q2 2025 (which included India) Organic revenue 2 for the period declined 22 percent Consolidated GAAP net loss of $187 million

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Growthquarter

down 17 percent

revenue of $867 million, down 17 percent versus second quarter 2025.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Second quarter 2026 revenue, excluding India, was $841 million, down 20 percent versus second quarter 2025, which included India.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

FMC Revenue Q2 2026 Total Revenue Change (GAAP) (17)% Total Revenue Change (ex-India) (Non-GAAP) (20)% Less 2025 revenue for India held for sale business (5)% Like-for-Like Revenue Change (Non-GAAP) (15)% Second quarter sales of $841 million, excluding India, were 20 percent lower than prior year.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Free cash flowquarter

$357 million

Free cash flow was $357 million, an improvement of $318 million versus Q2 2025 primarily due to higher cash from operations.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

2025 Total revenue (GAAP) change (17) % (12) % Less Revenue for India held for sale business for the three and six months ended June 30, 2026 3 % 1 % Revenue excluding India (non-GAAP) change (1) (20) % (13) % Less Foreign currency impact 2 % 3 % Organic revenue (non-GAAP) change (2) (22) % (16) % ___________________ (1) Beginning with the third quarter of 2025, revenue from the India commercial business is excluded from our adjusted results during the held for sale period for non-GAAP purposes.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

AI analysis

Q2 2026 · reported Jul 29, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Revenue · Q2 2026
$867M
EX-99 · Jul 29, 2026
Free cash flow · Q2 2026
$357M
EX-99 · Jul 29, 2026
Growth · Q2 2026
down 17 percent
-65.3% vs prior quarter computed from stated figures
EX-99 · Jul 29, 2026

The quarter in charts

Guidance ladder — revenue

Delivered vs the company's guided range

EX-99 · Jul 29, 2026 Guide as stated by the company; range and midpoint computed from the stated figure.

Headline figures

MetricQ2 2026Prior qtrYear ago
Revenue$867 million$542 million—
Growthdown 17 percentdown 49 percent—
Free cash flow$357 million$233 million—

EX-99 · Jul 29, 2026

Guidance · company-stated

revenue$3.50 billion
Adjusted EBITDA

“is expected to be $620 million to $680 million”

Adjusted EPS

“is expected to be $1.19 to $1.49”

Free cash flow

“is expected to be $75 million to $225 million”

Adjusted EBITDA

“is forecasted to be in the range of $275 million to $315 million”

Adjusted EBITDA

“$620 million to $680 million”

Adjusted EPS

“$1.19 to $1.49”

Midpoint vs latest-quarter revenue+303.7%computed from stated figures

Guidance stated in the release for Full year 2026; figures as stated.

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Free cash flow$357M

Capital allocation

Strategy Update FMC continued to make progress on its four operational pillars during the second quarter reducing debt, improving the competitiveness of its core portfolio, managing the post-patent transition for Rynaxypyr and accelerating growth of new active ingredients.

During the quarter, FMC announced the key components of its targeted approximately $1 billion of proceeds to be used for debt reduction.

What changed vs last quarter

  • Guide midpoint vs latest-quarter revenue +303.7% computed from stated figures
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Second quarter adjusted earnings per diluted share of $0.26 was down 62 percent versus second quarter 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

revenue: “revenue guidance 1 is now $3.50 billion to $3.70 billion”

Adjusted EBITDA: “Adjusted EBITDA is expected to be $620 million to $680 million”

Adjusted EPS: “Adjusted EPS is expected to be $1.19 to $1.49”

Free cash flow: “Free cash flow is expected to be $75 million to $225 million”

Adjusted EBITDA: “Adjusted EBITDA is forecasted to be in the range of $275 million to $315 million”

Adjusted EBITDA: “Adjusted EBITDA $620 million to $680 million”

Adjusted EPS: “Adjusted EPS $1.19 to $1.49”

revenue (“Full year 2026”)
“Full year 2026 revenue guidance 1 is now $3.50 billion to $3.70 billion, a decline of 7 percent at the midpoint versus prior year 1 .”

Adjusted EBITDA (“Full year 2026”)
“Adjusted EBITDA is expected to be $620 million to $680 million, a decline of 23 percent versus prior year, as lower price and an FX headwind are partially offset by favorable costs.”

Adjusted EPS (“Full year 2026”)
“Adjusted EPS is expected to be $1.19 to $1.49, a decrease of 55 percent versus prior year, primarily due to lower Adjusted EBITDA and increased interest expense.”

Free cash flow (“Full year 2026”)
“Free cash flow is expected to be $75 million to $225 million.”

Adjusted EBITDA (“fourth quarter 2025”)
“Adjusted EBITDA is forecasted to be in the range of $275 million to $315 million, an increase of 5 percent at the midpoint versus the prior year as lower price and an FX headwind are more than offset by higher volume and favorable costs.”

Adjusted EBITDA (“Full-Year 2026”)
“2025* (7)% (2)% (9)% 4% Adjusted EBITDA $620 million to $680 million $395 million to $455 million $120 million to $140 million $275 million to $315 million Growth at midpoint vs.”

Adjusted EPS (“Full-Year 2026”)
“2025* (23)% (18)% (45)% 5% Adjusted EPS $1.19 to $1.49 $1.16 to $1.46 $0.05 to $0.13 $1.09 to $1.33 Growth at midpoint vs.”

Guidance stated in the release for Full year 2026; figures as stated.

Capital allocation

Strategy Update FMC continued to make progress on its four operational pillars during the second quarter reducing debt, improving the competitiveness of its core portfolio, managing the post-patent transition for Rynaxypyr and accelerating growth of new active ingredients.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

During the quarter, FMC announced the key components of its targeted approximately $1 billion of proceeds to be used for debt reduction.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

With these actions and other minor asset sales to be completed this year, FMC expects to generate approximately $1 billion of proceeds to be used for debt paydown.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

In May 2026, the Company announced that it has signed a definitive agreement to sell the India commercial business to Crystal Crop Protection Limited for consideration of $252 million, subject to customary adjustments for cash, debt and working capital.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

We believe that this non-GAAP financial measure provides a useful basis for investors and securities analysts to evaluate the cash generated by routine business operations, including to assess our ability to repay debt, fund acquisitions and return capital to shareholders through share repurchases and dividends.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

(4) Includes the make-whole premium paid in connection with the early redemption of certain debt instruments during the six months ended June 30, 2025.

SEC original ↗FMC Corp — 10-Q Quarterly report10-QJul 30, 2026

Strategy & priorities

During the quarter, we completed several important actions that strengthened FMC's financial foundation and provide greater flexibility to execute our strategy, said Pierre Brondeau, chairman, chief executive officer and president.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

With the strategic review now concluded, we have clarity on the path forward and remain focused on improving competitiveness, advancing our technology portfolio and positioning the company for long-term growth.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Strategy Update FMC continued to make progress on its four operational pillars during the second quarter reducing debt, improving the competitiveness of its core portfolio, managing the post-patent transition for Rynaxypyr and accelerating growth of new active ingredients.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

With these actions in place, the FMC Board of Directors has concluded the exploration of strategic options announced in February 2026.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

The company remains focused on executing its operational priorities and strengthening the foundation for future growth through its differentiated technology portfolio.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Risks & headwinds

The removal of India represented a 5 percent sales headwind.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

India represents a 2 percent headwind 1 .

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Adjusted EBITDA is expected to be $620 million to $680 million, a decline of 23 percent versus prior year, as lower price and an FX headwind are partially offset by favorable costs.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Adjusted EBITDA is forecasted to be in the range of $120 million to $140 million, a decrease of 45 percent at the midpoint versus the prior year as lower sales and an FX headwind are partially offset by favorable costs.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Adjusted EBITDA is forecasted to be in the range of $275 million to $315 million, an increase of 5 percent at the midpoint versus the prior year as lower price and an FX headwind are more than offset by higher volume and favorable costs.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

FMC's innovative crop protection solutions including biologicals, crop nutrition, digital and precision agriculture enable growers and crop advisers to address their toughest challenges economically while protecting the environment.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

What changed vs prior quarter

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Growth — prior quarter passage and this quarter's passage are both cited.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Free cash flow — prior quarter passage and this quarter's passage are both cited.

SEC original ↗FMC Corp — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

31 documents

Earnings releases

9 documents

Presentations

0 documents

No presentations for FMC Corp are held in this edition of the library.

Transcripts

0 documents

No transcripts for FMC Corp are held in this edition of the library.

Mentioned by

9 companies

Other tracked companies whose held documents mention FMC Corp by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.