Quarterly ResultMay 7, 2026, 04:20 PM
Olin Q1 Net Loss ($83.0M), EPS ($0.73); Adj EBITDA $86.2M
AI Summary
Olin Corporation announced a net loss of ($83.0) million, or ($0.73) per diluted share, for the first quarter ended March 31, 2026, a significant decline from net income of $1.4 million in Q1 2025. Adjusted EBITDA also decreased to $86.2 million from $185.6 million year-over-year, on sales of $1,583.0 million. Despite the year-over-year decline, the company reported sequential improvement in adjusted EBITDA and forecasts Q2 2026 adjusted EBITDA to be between $160 million and $200 million, driven by expected sequential earnings improvement in its Chemicals and Winchester businesses. Olin's Board of Directors also declared a quarterly dividend of $0.20 per share.
Key Highlights
- Olin Q1 2026 net loss was ($83.0) million, compared to $1.4 million net income in Q1 2025.
- Diluted EPS was ($0.73) in Q1 2026, down from $0.01 in Q1 2025.
- Adjusted EBITDA for Q1 2026 was $86.2 million, a decrease from $185.6 million in Q1 2025.
- Sales in Q1 2026 decreased to $1,583.0 million from $1,644.2 million year-over-year.
- Olin forecasts Q2 2026 adjusted EBITDA to be in the range of $160 million to $200 million.
- The Board declared a quarterly dividend of $0.20 per share, payable June 12, 2026.
- Chlor Alkali Products and Vinyls segment reported a ($44.5) million loss in Q1 2026.
- Epoxy segment loss improved to ($2.9) million in Q1 2026 from ($28.4) million.