Albemarle Non-GAAP EPS of -$0.53 misses by $0.04, revenue of $1.43B beats by $80M

Albemarle press release (ALB): Q4 Non-GAAP EPS of -$0.53 misses by $0.04.
Revenue of $1.43B (+16.3% Y/Y) beats by $80M.
Fourth quarter net sales of $1.4 billion, up 16%; volume up 12%, including gains in all segments led by Energy Storage (up 17%) and Ketjen (up 13%).
FY26 revenue consensus of $6.00B, Non-GAAP EPS of $2.61

Total Corporate FY 2026E Including Energy Storage Scenarios
Observed market price case^(a)	FY 2025 avg.	Jan. 2026 avg.	2021-2025 avg.
Average lithium market price ($/kg LCE)^(a)	~$10	~$20	~$30
Net sales	$4.1 – $4.3 billion	$5.7 – $6.0 billion	$7.5 – $7.8 billion
Adjusted EBITDA^(b)	$0.9 – $1.0 billion	$2.4 – $2.6 billion	$4.2 – $4.4 billion