Cabot Corporation Reports Second Quarter Fiscal Year 2026 Results

BOSTON, May 05, 2026 (GLOBE NEWSWIRE) -- Cabot Corporation (NYSE: CBT) today announced results for its second quarter fiscal year 2026. Second Quarter Highlights Second Quarter Diluted EPS of $1.27 and Adjusted EPS of $1.61 Reinforcement Materials segment EBIT of $93 million and Performance Chemicals segment EBIT of $59 million Battery Materials momentum continues, supported by strong execution, growing battery energy storage systems (BESS) and electric vehicle related demand, providing meaningful EBITDA contribution Announced an increase in the quarterly dividend of 5%, raising the annualized dividend from $1.80 to $1.89 Pursuing asset optimization across our global plant network with an intention to close manufacturing operations in South America and Europe, subject to local consultation processes  (In millions, except per share amounts) Three Months Ended Six Months Ended   3/31/26 3/31/25 3/31/26 3/31/25           Net sales and other operating revenues $ 904   $ 936   $ 1,753   $ 1,891   Net income (loss) attributable to Cabot Corporation $ 68   $ 94   $ 141   $ 187                       Net earnings (loss) per share attributable to Cabot Corporation $ 1.27   $ 1.69   $ 2.64   $ 3.36   Less: Certain items after tax per share $ (0.34 ) $ (0.21 ) $ (0.50 ) $ (0.30 ) Adjusted EPS $ 1.61   $ 1.90   $ 3.14   $ 3.66   Sean Keohane, Cabot President and Chief Executive Officer commented: “I am pleased with our strong execution during the quarter as we continued to operate at a high level in a challenging environment, delivering Adjusted EPS of $1.61 and resulting in a solid first half of the fiscal year.