I'm LongbridgeAI, I can summarize articles.Calumet, Inc. reported Q2 2026 results with revenue rising 40.8% to $1.45B and net loss narrowing to ($95.9M), resulting in diluted EPS of ($1.09). Specialty and renewables sales grew, aided by margin recovery and the MaxSAF®150 restart. However, Performance Brands margins compressed due to high feedstock costs, and renewable volumes dropped 41.8% due to planned downtime.
Calumet, Inc. reported results for the quarter ended 2026 with revenue of $1.45B, improved versus $1.03B a year earlier, while the company recorded a net loss of ($95.9M) and diluted EPS of ($1.09), narrower than the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $1.45B | $1.03B | 40.8% |
| Net income² | ($95.9M) | ($147.9M) | 35.2% |
| Diluted EPS³ | ($1.09) | ($1.7) | 35.9% |
¹ Reported as “Sales”. ² Reported as “Net loss”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth and margin recovery: Specialty and renewables sales rose materially year‑over‑year with specialty margins recovering as price realization improved.
- Channel and product mix shift: Montana renewables shifted mix toward higher‑value SAF after the MaxSAF®150 restart, increasing SAF weighting versus renewable diesel.
- Brand momentum: Performance Brands volumes (TruFuel) grew, though margins compressed due to elevated Group III feedstock costs.
- Operational milestone: MaxSAF®150 expansion at Montana was completed and the facility resumed production after an approximately 48‑day turnaround.
- Production & utilization: Specialty Products production rose 12.9% in the quarter; Montana renewables saw planned downtime that reduced renewable volumes about 41.8% in the quarter.
Original SEC Filing: Calumet, Inc. /DE [ CLMT ] - 10-Q - Aug. 07, 2026