Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
Prices rose while the feedstock bill barely moved
Sales rose 9.99% while cost of sales rose 2.67%: the filing credits tight industry supply, not lower costs.
For investorsHow much of the spread survives when supply returns?
For foundersPaying once to exit: the playbook behind pruning weak assets
A goodwill charge larger than the year-ago operating loss accounts for much of the 22.01-point margin rise.
Operating margin went from 3.3% to 16.8% between the first two quarters, so the spread, not overhead, sets profit.
That beat last year's $384M in full, after a first quarter that burned cash as receivables and inventories rose with prices.
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Business Lens describes LyondellBasell from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
