Ashland reports second quarter fiscal 2026 results and updates full-year outlook

Sales of $482 million, up one percent from the prior-year quarter Income from continuing operations of $15 million, or $0.32 per diluted share Adjusted Income from Continuing Operations Excluding Intangibles Amortization Expense of $42 million, or $0.91 per diluted share Net income of $16 million, or $0.34 per diluted share Adjusted EBITDA of $98 million, down nine percent from the prior-year quarter, primarily reflecting temporary operational impacts from the Calvert City startup delay, Hopewell productivity challenges, and weather-related disruptions in the second quarter Cash flows provided by operating activities of $50 million; Ongoing Free Cash Flow2 of $29 million Updating full‑year fiscal 2026 sales guidance to $1,835-$1,870 million and Adjusted EBITDA guidance to $385-$400 million, primarily reflecting a slower than expected productivity ramp at Hopewell WILMINGTON, Del., April 28, 2026 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced financial results1 for the second quarter of fiscal year 2026, which ended March 31, 2026, and updated its full-year fiscal 2026 outlook.