NYSE$ICL
ICL Group Ltd · Q2 2026 earnings
Q2 2026 earnings · · Before market open · Investor relations
Briefing
ICL Group Ltd reported strong Q2 2026 results with sales up 17% to $2.135 billion and adjusted EBITDA up 28% to $448 million.
ICL delivered its best quarterly operating income in three years, with consolidated sales of $2.135 billion (up 17% YoY), operating income of $266 million (up 47%), and adjusted net income of $149 million (up 35%). All four business segments contributed to growth, supported by higher pricing and volumes in key markets, while the company reiterated full-year adjusted EBITDA guidance of $1.5-1.7 billion and announced a dividend of 5.81 cents per share.
- Sales increased 17% YoY to $2.135 billion, driven by higher prices and volumes across segments.
- Adjusted EBITDA rose 28% to $448 million with margin expanding to 21%.
- Operating income reached $266 million, the highest in three years.
- Company formalized Elevate cost savings program targeting >$350 million annualized savings by 2028 and reiterated 2026 EBITDA guidance.
Headline financials
Revenue & EPS history
ICL Group · Revenue · Quarterly
$2.14B
Revenue by segment
ICL Group · $2.21B total across 4 segments · Q2 2026
- Phosphate Solutions$722M—32.7%
- Growing Solutions$605M—27.4%
- Potash$468M—21.2%
- Industrial Products$414M—18.7%
Forward guidance
Reiterating full year 2026 consolidated adjusted EBITDA guidance of $1.5 billion to $1.7 billion and potash sales volumes of 4.5-4.7 million metric tons. New organizational structure planned for 2027 and Elevate cost savings initiative targeting >$350M annualized savings by 2028.
Tailwinds
- Strong segment performance and pricing power
- Cost savings program expected to deliver significant benefits starting 2027
- Reaffirmed elevated EBITDA guidance
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports
+0.1%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+0.0%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+11.1%
Q2 2018
Best reaction
-8.0%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | +6.8% | +0.8% | -10.2% | |
| Q4 2026 | -5.0% | +4.7% | +1.8% | |
| Q3 2025 | -2.8% | -4.4% | -10.4% | |
| Q2 2025 | -0.7% | -0.2% | +0.8% | |
| Q1 2025 | -0.6% | +1.2% | -9.0% | |
| Q4 2024 | -7.3% | -8.5% | -11.8% | |
| Q3 2024 | -2.5% | +0.7% | +16.9% | |
| Q2 2024 | +7.3% | +9.6% | +5.8% | |
| Q1 2024 | -0.6% | -1.0% | -6.6% | |
| Q4 2023 | +4.7% | +3.9% | +5.1% | |
| Q3 2023 | +1.7% | -2.3% | +4.0% | |
| Q2 2023 | +3.0% | -0.3% | -7.9% | |
| Q1 2023 | +4.2% | +7.7% | -7.7% | |
| Q4 2022 | -3.8% | -3.7% | -14.0% | |
| Q3 2022 | -2.7% | -3.1% | -5.3% | |
| Q2 2022 | -6.1% | -0.8% | +12.7% | |
| Q1 2022 | +8.8% | +15.4% | -2.0% | |
| Q4 2021 | +1.1% | +0.4% | +12.5% | |
| Q3 2021 | -1.5% | -0.4% | -3.4% | |
| Q2 2021 | +4.1% | +5.2% | -1.0% | |
| Q1 2021 | +1.6% | -1.2% | +8.1% | |
| Q4 2020 | +1.1% | +4.7% | +5.3% | |
| Q3 2020 | +3.1% | +6.2% | +22.3% | |
| Q2 2020 | +1.3% | +5.2% | +21.0% | |
| Q1 2020 | -8.0% | -11.4% | -1.4% | |
| Q4 2019 | -5.5% | -11.3% | -32.2% | |
| Q3 2019 | -0.9% | +1.9% | -0.2% | |
| Q2 2019 | +0.6% | +0.2% | -14.1% | |
| Q1 2019 | +7.6% | +7.4% | +0.4% | |
| Q4 2018 | -6.6% | -7.3% | -9.9% | |
| Q3 2018 | +4.2% | +7.5% | +2.1% | |
| Q2 2018 | +11.1% | +9.4% | +22.8% | |
| Q1 2018 | +1.3% | +0.4% | +4.0% | |
| Q4 2017 | +3.8% | +3.0% | +15.2% | |
| Q3 2017 | -1.2% | -2.4% | -3.1% | |
| Q2 2017 | -3.1% | -1.0% | -9.4% | |
| Q1 2017 | +0.0% | -0.7% | +2.1% | |
| Q4 2016 | -0.6% | -1.5% | -6.0% | |
| Q3 2016 | -5.1% | -4.6% | +2.8% | |
| Q2 2016 | +4.0% | +4.5% | +1.3% | |
| Q1 2016 | -7.7% | — | — | |
| Q4 2015 | +2.1% | — | — | |
| Q3 2015 | -0.8% | — | — | |
| Q2 2015 | +2.3% | — | — | |
| Q1 2015 | -2.4% | — | — | |
| Q4 2014 | +2.9% | — | — | |
| Q3 2014 | -1.6% | — | — | |
| Q2 2014 | +0.0% | — | — | |
| Q1 2014 | +0.8% | — | — | |
| Q4 2013 | -1.0% | — | — | |
| Q3 2013 | +0.0% | — | — | |
| Q2 2013 | -2.0% | — | — | |
| Q1 2013 | -0.3% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q3 2012 | +0.7% | — | — | |
| Q2 2012 | +2.1% | — | — | |
| Q1 2012 | +0.9% | — | — | |
| Q4 2011 | +2.7% | — | — | |
| Q3 2011 | -6.5% | — | — | |
| Q2 2011 | +2.9% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q4 2010 | -2.9% | — | — | |
| Q3 2010 | +0.0% | — | — | |
| Q2 2010 | -1.0% | — | — | |
| Q1 2010 | +1.5% | — | — |
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