AI English summary of an SEC filing — figures as filed
LyondellBasell LYBThe company said revenue for Q1 2026 rose $106 million (1%) from the prior quarter and fell $480 million (6%) from a year earlier. Operating income rose $327 million from the prior quarter and $125 million from a year earlier.
Key points
AI summaryThe company said revenue for Q1 2026 rose $106 million (1%) from the prior quarter and fell $480 million (6%) from a year earlier. Operating income rose $327 million from the prior quarter and $125 million from a year earlier.
The company said it used $269 million of cash in operating activities in Q1 2026, and that it spent $269 million on capital expenditures and $224 million on dividend payments. The company explained that the decrease in dividend payments reflects its announcement in February 2026 to reduce the quarterly dividend.
The company said I&D segment EBITDA for Q1 2026 rose $29 million (15%) from the prior quarter and $130 million (138%) from a year earlier. It said the year-earlier period included shutdown costs of $117 million related to the closure of the European PO Joint Venture.
LyondellBasell announced the completion of the sale of select European olefins and polyolefins assets and the related business on May 1, 2026, and said it made a cash contribution of about $300 million to the divested group before closing. As of March 31, 2026, cash and cash equivalents totaled $2,635 million, and total debt, including current maturities, was $12,921 million.
Key figures
Quarter ended March 31, 2026
- Revenue
- $7.2B
- Operating income
- $239M
- Net income
- $125M
- EPS
- $0.38
- Operating cash flow
- −$269M
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Q1 2026 Revenue and Operating Income Changes
The company said revenue for Q1 2026 rose $106 million (1%) from the prior quarter and fell $480 million (6%) from a year earlier. Operating income rose $327 million from the prior quarter and $125 million from a year earlier.
Source · Based on the MD&A text of the filing
Q1 Cash Flow and Capital Deployment
The company said it used $269 million of cash in operating activities in Q1 2026, and that it spent $269 million on capital expenditures and $224 million on dividend payments. The company explained that the decrease in dividend payments reflects its announcement in February 2026 to reduce the quarterly dividend.
Source · Based on the MD&A text of the filing
I&D Segment EBITDA Changes
The company said I&D segment EBITDA for Q1 2026 rose $29 million (15%) from the prior quarter and $130 million (138%) from a year earlier. It said the year-earlier period included shutdown costs of $117 million related to the closure of the European PO Joint Venture.
Source · Based on the MD&A text of the filing
European Asset Sale Completion and Liquidity
LyondellBasell announced the completion of the sale of select European olefins and polyolefins assets and the related business on May 1, 2026, and said it made a cash contribution of about $300 million to the divested group before closing. As of March 31, 2026, cash and cash equivalents totaled $2,635 million, and total debt, including current maturities, was $12,921 million.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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