Revenue: As of FY2026 Q2, the actual value is USD 747.09 M.

EPS: As of FY2026 Q2, the actual value is USD 14.54.

EBIT: As of FY2026 Q2, the actual value is USD 179.16 M.

Net Income

NewMarket Corporation reported net income of $133.8 million for the second quarter of 2026, an increase from $111.2 million in the second quarter of 2025. For the first half of 2026, net income was $251.8 million, up from $237.2 million for the same period in 2025.

Gross Profit

Gross profit for the second quarter of 2026 was $242.429 million, increasing from $220.954 million in the second quarter of 2025. For the first half of 2026, gross profit reached $463.308 million, compared to $456.977 million in the first half of 2025.

Operating Profit

Consolidated operating profit was $163.665 million in the second quarter of 2026, compared to $143.152 million in the second quarter of 2025. For the first half of 2026, consolidated operating profit was $306.894 million, a slight increase from $303.021 million in the first half of 2025. Total segment operating profit for the first half of 2026 was $319.137 million, up from $315.676 million in the first half of 2025.

Segment Revenue and Operating Profit

Petroleum Additives Segment

Sales for the Petroleum Additives segment were $675.6 million in the second quarter of 2026, up from $653.9 million in the second quarter of 2025. First half sales were $1,285.391 million in 2026, compared to $1,299.429 million in 2025. Operating profit for this segment was $149.4 million in the second quarter of 2026, an increase from $139.8 million in the second quarter of 2025, driven by surcharges due to supply chain disruptions and operational efficiency. First half operating profit was $284.4 million in 2026, slightly up from $281.9 million in 2025.

Specialty Materials Segment

Sales for the Specialty Materials segment were $67.2 million in the second quarter of 2026, significantly higher than $42.0 million in the second quarter of 2025. First half sales were $125.3 million in 2026, compared to $95.8 million in 2025. Operating profit for this segment was $22.3 million in the second quarter of 2026, up from $10.5 million in the second quarter of 2025. First half operating profit was $34.8 million in 2026, compared to $33.7 million in 2025. The 2025 second quarter period excludes Calca’s results as the acquisition was completed on October 1, 2025.

Operating Costs

Selling, General, and Administrative Expenses were $48.376 million in the second quarter of 2026, compared to $45.428 million in the second quarter of 2025. For the first half, these expenses were $94.390 million in 2026, versus $88.406 million in 2025. Research, Development, and Testing Expenses were $30.388 million in the second quarter of 2026, down from $32.374 million in the second quarter of 2025. For the first half, these expenses were $62.024 million in 2026, compared to $65.550 million in 2025.

Cash Flow and Capital Allocation (First Half 2026)

NewMarket Corporation funded capital expenditures of $51.7 million. The company paid $55.6 million in dividends and repurchased over 200 thousand shares of common stock for $126.4 million. Net borrowings under the revolving credit facility were $21.000 million. A principal payment of - $50.000 million was made on the 3.78% senior note, and cash pension and postretirement contributions were - $5.022 million. Working capital changes resulted in - $3.567 million. Cash and cash equivalents increased by $16.001 million in the first half of 2026, compared to a decrease of - $7.219 million in the first half of 2025.

Other Key Financial Indicators

The Net Debt to EBITDA ratio was reduced to 1.0x as of June 30, 2026, down from 1.1x as of December 31, 2025. Net Debt was $761.234 million as of June 30, 2026, compared to $805.793 million as of December 31, 2025. EBITDA for the first half of 2026 was $402.379 million, up from $389.737 million in the first half of 2025. Rolling four quarters EBITDA was $733.767 million as of June 30, 2026, compared to $721.125 million as of December 31, 2025.

Outlook / Guidance

NewMarket Corporation expects continued variation in quarterly results for the Specialty Materials segment due to the nature of its business. The company anticipates additional production capacity for ammonium perchlorates and high purity hydrazine to come online towards the end of 2026. Management believes current actions, including surcharges and operational efficiencies, position the company well to deliver solid results despite a dynamic operating environment.