Quarterly ResultMay 8, 2026, 06:36 AM
AdvanSix Q1 Sales $404M, EPS ($0.58); CFO Appointed; $0.16 Dividend
AI Summary
AdvanSix Inc. announced its first quarter 2026 financial results, reporting sales of $404 million, a 7% increase year-over-year, but a diluted EPS of ($0.58) and adjusted diluted EPS of ($0.50). Adjusted EBITDA significantly decreased to $4.8 million from $51.6 million in the prior year, primarily due to the absence of prior year insurance proceeds, higher raw material prices, and winter storm impacts. The company also declared a quarterly cash dividend of $0.16 per share and announced the appointment of Patrick Day as SVP and CFO. Additionally, AdvanSix is evaluating an expansion of its integrated ammonia platform to serve the growing Diesel Exhaust Fluid (DEF) market.
Key Highlights
- Q1 2026 sales increased 7% to $404.2 million from $377.8 million in 1Q 2025.
- Reported Q1 2026 diluted EPS of ($0.58) and adjusted diluted EPS of ($0.50).
- Adjusted EBITDA for Q1 2026 was $4.8 million, down from $51.6 million in 1Q 2025.
- Board declared a cash dividend of $0.16 per share, payable June 2, 2026.
- Patrick Day appointed SVP and CFO, effective April 27, 2026.
- Evaluating expansion of integrated ammonia platform for Diesel Exhaust Fluid (DEF) market.
- Q1 2026 cash flow from operations was ($15.3) million, down from $11.4 million.
- Anticipates 2026 Capital Expenditures of $75-$95 million, down from $116 million in 2025.