CF Industries Holdings, Inc., a global manufacturer of hydrogen and nitrogen products, has announced results for the 1Q26 ended 31 March 2026.
Highlights
- 1Q26 net earnings of US$615 million, or US$3.98 per diluted share, EBITDA of US$1.01 billion, and adjusted EBITDA of US$983 million. 1Q26 financial results reflect a gain of approximately US$170 million from a litigation settlement.
- Trailing 12 months net cash from operating activities of US$2.66 billion; free cash flow of US$1.65 billion for same period, which includes cash inflows and outflows associated with the Blue Point joint venture.
- Repurchased approximately 155 000 shares for US$15 million during the 1Q26.
- Launched low-carbon UAN collaboration with PepsiCo to enable a lower carbon footprint from PepsiCo’s Frito-Lay brand’s US potato supply chain.
“The CF Industries team continued to deliver safely outstanding operational performance in the 1Q26 against a backdrop of strong global nitrogen demand and tight global nitrogen supply as we entered the year,” said Chris Bohn, President and CEO, CF Industries Holdings, Inc. “The conflict with Iran has further constrained global nitrogen supply and exposed the fragile nature of the global nitrogen supply chain. We remain focused on safe operations and high asset utilisation across our low-cost North American-based manufacturing and distribution network, enabling CF Industries to continue to be a reliable supplier to customers and to create substantial value for long-term shareholders.”
Read the full earnings press release.