Methanex Q2 FY26 net income swings to USD 198 million; revenue rises to USD 1.4 billion

Reuters2026/07/28 21:05

By:Reuters

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Methanex posted Q2 2026 net income attributable to shareholders of USD 198 million, returning to profit from a Q1 loss of USD 14 million.
Revenue climbed 43.22% from Q1 to USD 1.4 billion, while average realized price rose 50.71% to USD 529 per tonne.
Adjusted EBITDA (non-GAAP) more than doubled from Q1 to USD 577 million, while adjusted net income (non-GAAP) rose to USD 300 million.
Booked a USD 115 million non-cash asset impairment charge, net of tax, tied to the indefinite idling of the Titan plant and Trinidad restructuring.
Guided for July–August average realized price of USD 460 to USD 485 per tonne, flagging lower adjusted EBITDA in Q3 on lower realized pricing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Methanex Corporation published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Methanex Q2 FY26 net income swings to USD 198 million; revenue rises to USD 1.4 billion

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