# LyondellBasell Q2 2026 earnings > Live situation record from CLSTR: https://clstr.news/situations/lyondellbasell-q2-2026-earnings > Updated: 2026-08-03T03:48:52.000Z. Sources: 8. Developments: 2. In late July 2026 LyondellBasell Industries reported second‑quarter net income of $0.6 billion, diluted earnings of $1.71 per share and EBITDA of $1.3 billion, while also noting a divestiture of selected European assets and a cash‑improvement plan. Within days analysts highlighted a much larger earnings surge: adjusted EBITDA rose to about $2.13 billion—a 197 % year‑over‑year increase—driven by tighter global polymer supply, higher pricing and near‑full utilization of North American olefin and polyolefin assets. Sales grew roughly 20 % to $9.18 billion, and JPMorgan upgraded the stock to Overweight with a $80 price target. An unplanned outage at the Bayport propylene oxide facility was restarted in June. By early August the company reaffirmed the $2.13 billion adjusted EBITDA figure and the 20 % sales growth, attributing the performance to geopolitical supply constraints that limited feedstock abroad and allowed U.S. operations to capture stronger margins. BMO Capital Markets raised its price target to $68 while maintaining a “market perform” rating, and the broader analyst consensus remained a hold with an average target of $73.5, reflecting optimism about earnings momentum despite broader market volatility. ## Timeline ### 2026-08-03: LyondellBasell Posts Near‑Tripling Adjusted EBITDA as Supply Constraints Boost Margins LyondellBasell’s Q2 adjusted EBITDA jumped to $2.13 bn as supply constraints lifted margins; analysts raised the price target to $68 and keep a hold rating. 4 sources. https://clstr.news/cluster/lyondellbasell-earnings-surge-as-ebitda-triples-and-jpmorgan-upgrades-stock ### 2026-07-30: LyondellBasell and Leonardo DRS post Q2 2026 earnings LyondellBasell posted Q2 2026 net income $0.6 bn and EBITDA $1.3 bn after European asset sales; Leonardo DRS saw revenue $913 m, net earnings $86 m and bought Raft for $450 m. 5 sources. https://clstr.news/cluster/lyondellbasell-and-leonardo-drs-post-q2-2026-earnings --- Cite as: LyondellBasell Q2 2026 earnings. CLSTR, https://clstr.news/situations/lyondellbasell-q2-2026-earnings