FMC Corp. stock after $2.07 billion Q3 loss and lower outlook

FMC Corporation reported a 2.07 billion US dollar third-quarter net loss on October 29, 2026, as commercial actions and non-cash adjustments weighed on results. The company also lowered its fourth-quarter outlook in the FMC Corporation release.

Commercial Actions Reshape Results

Revenue for the quarter ended September 30 was 105.9 million US dollars, down from 542.2 million US dollars in the prior-year quarter. FMC said the reported figure included an approximately 639 million US dollar negative impact from actions announced on October 15 to change its North American pricing and rebate model and adjust selected products held by channel customers.

Excluding India and those commercial actions, revenue was 745 million US dollars, down 22 percent from the comparable prior-year period. Volume declined 21 percent, while price fell 2 percent and foreign currency provided a 1 percent tailwind.

Outlook Shifts To Execution

Adjusted EBITDA was negative 559 million US dollars, compared with 236 million US dollars a year earlier. Excluding the commercial actions, underlying adjusted EBITDA was 113 million US dollars. FMC said the actions are expected to transition over the next three quarters as customer discussions continue.

For the fourth quarter, FMC expects revenue excluding India of 1.04 billion to 1.14 billion US dollars and adjusted EBITDA of 210 million to 230 million US dollars. Adjusted earnings per diluted share are expected at 0.56 to 0.70 US dollars. Full-year free cash flow is now expected to be negative 350 million to negative 150 million US dollars.

Trading And Investor Context

FMC Corp. stock traded at 5.30 euros on Lang & Schwarz at 6:34 p.m. CET on Friday, October 30, 2026. Investors can follow the real-time quote of FMC Corp. stock.

The key investor issue is whether the revised pricing model can stabilize channel inventories while FMC works through weaker demand and restructuring costs. Management has linked the current actions to a stronger growth and earnings profile in 2028.

In the broader US market, the S&P 500 provides the relevant index context.

More news and analyses are available in the FMC Corp. stock coverage.