--- title: "Newmarket | 10-Q: FY2026 Q1 Revenue: USD 669.72 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/283837239.md" datetime: "2026-04-23T12:56:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283837239.md) - [en](https://longbridge.com/en/news/283837239.md) - [zh-HK](https://longbridge.com/zh-HK/news/283837239.md) --- # Newmarket | 10-Q: FY2026 Q1 Revenue: USD 669.72 M Revenue: As of FY2026 Q1, the actual value is USD 669.72 M. EPS: As of FY2026 Q1, the actual value is USD 12.62. EBIT: As of FY2026 Q1, the actual value is USD 152 M. ### Consolidated Performance NewMarket Corporation’s consolidated net sales for the first three months of 2026 were $669.7 million, a 4.5% decrease from $700.9 million in the first three months of 2025. Gross profit was $220,879 thousand in Q1 2026, down from $236,023 thousand in Q1 2025. Operating profit decreased to $143,229 thousand in Q1 2026 from $159,869 thousand in Q1 2025. Net income for Q1 2026 was $118,067 thousand, compared to $125,949 thousand in Q1 2025. Interest and financing expenses, net, decreased to $8.8 million in Q1 2026 from $10.7 million in Q1 2025. Other income, net, increased to $17.2 million in Q1 2026 from $14.9 million in Q1 2025. Income tax expense was $33.6 million in Q1 2026, down from $38.2 million in Q1 2025, with the effective tax rate decreasing to 22.2% from 23.3%. ### Petroleum Additives Segment Net sales for the petroleum additives segment were $609.8 million in Q1 2026, a 5.5% decrease from $645.5 million in Q1 2025. This decline was driven by a $38.9 million decrease in lubricant additives shipments and a $9.9 million decrease from selling prices, partially offset by a $3.1 million increase in fuel additives shipments and a $10.0 million favorable foreign currency impact. Overall product shipment volume for petroleum additives decreased by 6.9% in Q1 2026 compared to Q1 2025. Operating profit for the segment decreased by $7.1 million to $135.0 million in Q1 2026 from $142.1 million in Q1 2025. The segment’s cost of goods sold as a percentage of net sales improved to 67.1% from 67.8%, while the operating profit margin slightly increased to 22.1% from 22.0%. Selling, general, and administrative (SG&A) expenses increased by $1.2 million, representing 5.5% of net sales in Q1 2026 compared to 5.0% in Q1 2025. Research, development, and testing (R&D) expenses decreased by $1.5 million, representing 5.2% of net sales in Q1 2026 compared to 5.1% in Q1 2025. ### Specialty Materials Segment Net sales for the specialty materials segment increased to $58.1 million in Q1 2026 from $53.7 million in Q1 2025, primarily due to the inclusion of Calca’s net sales following its acquisition on October 1, 2025. Operating profit decreased to $12.4 million in Q1 2026 from $23.2 million in Q1 2025, mainly due to a shift in quarterly product shipment mix at AMPAC. The Q1 2025 period does not include Calca’s results. ### All Other Segment Operating loss for the “All other” category increased to - $1.1 million in Q1 2026 from - $0.5 million in Q1 2025. ### Cash Flow and Liquidity Cash provided from operating activities for the first three months of 2026 was $124.0 million, including $19.6 million of higher working capital requirements. Cash used in investing activities totaled - $23.2 million, primarily for capital expenditures of - $24.357 million, partially offset by $1.131 million in proceeds from a previous acquisition. Cash used in financing activities amounted to - $100.9 million, including - $125.6 million for common stock repurchases, - $50.0 million in principal payments on senior notes, and - $28.0 million in cash dividends, partially offset by $106.0 million in net borrowings under the revolving credit facility. Cash and cash equivalents decreased by - $4.4 million to $73.2 million at March 31, 2026, from $77.6 million at December 31, 2025. Long-term debt increased to $939.6 million at March 31, 2026, from $883.4 million at December 31, 2025, with the total long-term debt percentage of total capitalization increasing to 35.2% from 33.2%. The Leverage Ratio under the revolving credit facility was 1.36 at March 31, 2026, well within the covenant limit of 3.75 to 1.00. ### Outlook and Strategy NewMarket Corporation aims to provide a 10% compounded return per year for shareholders over any ten-year period. The company expects its petroleum additives segment to face market softness and macroeconomic uncertainty in 2026 but anticipates solid results, continuing investments in technology, operational efficiency, and global manufacturing. Significant investments of approximately $1 billion have been made in the specialty materials business since 2024, with solid results expected despite potential quarterly variations. ### Related Stocks - [NEU.US](https://longbridge.com/en/quote/NEU.US.md) ## Related News & Research - [Why NewMarket (NEU) Is Up 13.6% After Robust Q2 Earnings And Aggressive Share Buybacks](https://longbridge.com/en/news/294925843.md) - [NewMarket Corporation Reports First Quarter 2026 Results | NEU Stock News](https://longbridge.com/en/news/283724206.md) - [NewMarket Corporation Schedules Conference Call and Webcast to Review First Quarter 2026 Results | NEU Stock News](https://longbridge.com/en/news/281076215.md) - [NewMarket (NEU) Margin Decline Challenges Bullish Narratives After Strong Q1 EPS](https://longbridge.com/en/news/283976395.md) - [Allspring Global Investments Holdings LLC Has $1.62 Million Stock Position in NewMarket Corporation $NEU](https://longbridge.com/en/news/282150870.md)