NASDAQ$MEOH

Methanex Corp · Q2 2026 earnings

Q2 2026 earnings · · After market close

Briefing

Methanex reported strong Q2 2026 results with record Adjusted EBITDA driven by higher methanol prices amid supply disruptions.

Methanex Corp reported net income of $198 million and Adjusted EBITDA of $577 million for the second quarter ended June 30, 2026. Revenue reached $1.395 billion with an average realized methanol price of $529 per tonne. Production totaled 2.213 million tonnes and sales volume was 2.555 million tonnes, supported by strong North American output despite some regional outages.

  • Net income attributable to shareholders $198 million ($2.45 diluted EPS) vs. net loss in Q1 2026.
  • Adjusted EBITDA $577 million and Adjusted net income $300 million ($3.87 per share).
  • Average realized price jumped to $529/tonne from $351/tonne in Q1 due to industry supply losses.
  • Ended quarter with $383 million cash after generating $439 million operating cash flow and repaying debt.

Headline financials

Total Revenue

$1.4B

No prior period
EPS (adj)

$3.87

No prior period
Adjusted EBITDA

$577M

No prior period
Methanol Production

2.2M

No prior period
Total Methanol Sales

2.6M

No prior period
Avg Realized Price

$529.00

No prior period
Free Cash Flow

$298M

No prior period
Net Income

$198M

No prior period
Operating Income

$577M

No prior period
Cash & Equivalents

$383M

No prior period

Revenue & EPS history

Methanex Corp · Revenue · Quarterly

$1.4B

Q2 2026
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

Expect average realized price of approximately $460 to $485 per tonne for July and August 2026 assuming consistent market conditions.

Tailwinds

  • Strong production from enhanced North American asset base
  • Higher pricing environment due to supply disruptions

Headwinds

  • Indefinite idling of Titan plant with impairment charges
  • Volatile macro environment and seasonal constraints in some regions

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