AdvanSix Announces Second Quarter 2026 Financial Results

About this update from Devon Energy Corporation

AdvanSix (NYSE: ASIX), a vertically integrated chemistry company serving diverse end markets, today announced its financial results for the second quarter ending June 30, 2026. Second Quarter 2026 Summary "Our resilient second quarter results reflected a significant sequential improvement in earnings and cash flow amid what remains a highly dynamic macro environment, particularly in Plant Nutrients,” said Erin Kane, president and CEO of AdvanSix. "We generated 3% sales growth year-over-year as our commercial teams continued to leverage both formula and market-based pricing mechanisms to offset inflationary raw material costs. Sales volume in the quarter fell short of expectations due to a decline in ammonium sulfate as the spring planting season was challenged by farmer profitability and resulting fertilizer consumption overall. Nylon Solutions and Chemical Intermediates both performed at or better than expectations as we continue to navigate a subdued industrial end market demand environment. We have a demonstrated track record of successfully performing through a multitude of environments and remain confident in our ability to deliver long-term value." Summary second quarter 2026 financial results for the Company are included below: ($ in Thousands, Except Earnings Per Share)   2Q 2026   2Q 2025   Variance $   Variance % Sales   $421,284   $410,022   $11,262   3% Net Income   3,248   31,371   (28,123)   (90%) Diluted Earnings Per Share   0.12   1.15   (1.03)   (90%) Adjusted Diluted Earnings Per Share (1)   0.19   1.24   (1.05)   (85%) Adjusted EBITDA (1)   31,888   55,675   (23,787)   (43%) Adjusted EBITDA Margin % (1)   7.6%   13.6%   (600) bps   n/a Cash Flow from Operations   10,038   21,110   (11,072)   (52%) Capital Expenditures   20,714   28,265   (7,551)   (27%) Free Cash Flow (1)(2)   (10,676)   (7,155)   (3,521)   (49%) (1) See “Non-GAAP Measures” included in this press release for non-GAAP reconciliations (2) Net cash provided by operating activities less capital expenditures Sales of $421 million in the quarter increased approximately 3% versus the prior year driven by 18% favorable pricing, partially offset by a 15% decline in volume. Raw mater...

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