Quarterly ResultMay 13, 2026, 06:12 AM
ICL Group Q1 Sales Up 14% to $2.0B; Adj. EBITDA +15% to $412M
AI Summary
ICL Group Ltd. reported strong first-quarter 2026 financial results, with total sales increasing 14% to $2.0 billion and adjusted EBITDA rising 15% to $412 million compared to the prior year. Adjusted net income grew 26% to $139 million, and adjusted diluted EPS increased 22% to $0.11. The company also raised its full-year 2026 adjusted EBITDA guidance to $1.5 billion to $1.7 billion, demonstrating operational resilience despite higher raw material costs and FX headwinds.
Key Highlights
- Total sales increased 14% year-over-year to $2.0 billion in Q1 2026.
- Adjusted EBITDA rose 15% to $412 million, and adjusted net income grew 26% to $139 million.
- Adjusted diluted EPS was up 22% to $0.11 for the first quarter.
- Potash segment sales increased to $503 million with EBITDA of $172 million, driven by higher prices.
- Phosphate Solutions sales grew to $679 million, though EBITDA decreased to $131 million due to raw material costs.
- Operating cash flow was $195 million, and free cash flow improved to $61 million.
- FY 2026 adjusted EBITDA guidance was raised by $100 million to $1.5 billion - $1.7 billion.
- The company declared a Q1 2026 dividend of $69 million, representing an annual yield of 3.7%.