Cabot

Q3 FY2026 EarningsQ3 FY26 results were mixed, with a top-line beat but significant misses on margins and bottom-line metrics due to restructuring. Revenue of $982M beat the $949.7M consensus (+3.40%), driven by strong volume growth in battery materials and Reinforcement Materials. However, GAAP EPS of $0.12 fell sharply short of the $1.70 expected, largely impacted by $78M in 'Certain Items' including global restructuring charges and a U.K. pension settlement. Management expects Reinforcement Materials EBIT to decline sequentially in Q4 FY26 due to seasonal volume impacts.