Quarterly ResultMay 8, 2026, 11:11 AM
Olin Q1 Sales $1.58B; Net Loss $(83.0)M; EPS $(0.73)
AI Summary
Olin Corporation reported a significant net loss of $(83.0) million for the first quarter of 2026, a sharp decline from a net income of $1.4 million in the same period last year. Sales also decreased to $1,583.0 million from $1,644.2 million year-over-year. The company incurred increased restructuring charges and amended its Senior Secured Credit Facility, while also maintaining an active share repurchase program.
Key Highlights
- Net loss attributable to Olin Corporation was $(83.0) million for Q1 2026, down from $1.4 million net income in Q1 2025.
- Sales decreased to $1,583.0 million in Q1 2026 from $1,644.2 million in Q1 2025.
- Basic EPS was $(0.73) for Q1 2026, compared to $0.01 in Q1 2025.
- Operating loss was $(78.3) million in Q1 2026, a decline from $43.7 million operating income in Q1 2025.
- Restructuring charges increased to $9.1 million in Q1 2026 from $4.0 million in Q1 2025.
- Net cash used in operating activities improved to $(48.6) million in Q1 2026 from $(86.0) million in Q1 2025.
- Long-term debt increased to $2,996.1 million as of March 31, 2026, from $2,717.6 million at December 31, 2025.
- Olin has a $1.3 billion share repurchase authorization from December 2024, with $648.9 million remaining from a prior authorization.
Price Impact
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