ICL's second quarter revenue grew 17% to beat estimates, with adjusted EPS also topping expectations.

ICL reported second quarter 2026 revenue of $2.14 billion, an increase of 17% year-over-year, beating analyst expectations. Adjusted diluted EPS grew 33% to $0.12, also ahead of estimates, driven by strong sales and higher pricing across all four business segments, particularly in the Potash division.

Key Highlights

• Second quarter revenue grew 17% year-over-year to $2.14 billion, while adjusted net income increased 35% to $149 million.
• Adjusted EBITDA of $448 million significantly beat estimates and grew nearly 28% from the prior year, driven by higher potash prices and sales volumes.
• The company's average realized potash price (CIF) increased 13% year-over-year to $376 per tonne.
• ICL reiterated its full-year 2026 guidance for consolidated adjusted EBITDA of between $1.5 billion and $1.7 billion.