What were Methanex's Q2 2026 net income and adjusted EBITDA, and how did they compare to Q1 2026 and Q2 2025?

Methanex reported Q2 2026 net income of $198 million, a swing from a $14 million loss in Q1 2026 and a 209% increase year over year from $64 million in Q2 2025. Adjusted EBITDA totaled $577 million, up from $220 million in Q1 2026 and $183 million in Q2 2025.

What was the primary driver of Methanex's Q2 2026 earnings surge, and what major offsetting factor was cited?

The primary driver was higher realized methanol pricing—$529/mt in Q2 2026, up from $351/mt in Q1 2026 and $374/mt in Q2 2025—attributed to significant industry supply gaps caused by the Middle East conflict, met by inventory drawdowns and demand rationalization. This gain was partially offset by a $115 million impairment charge related to restructuring operations in Trinidad and Tobago, including the indefinite idling of the Titan plant.

Methanex Q2 earnings surge on strong methanol pricing

Jul 29, 2026

Methanex's Q2 net income surged 209% to $198 million, driven by record methanol prices of $529/mt amid Middle East supply gaps. The company forecasts lower adjusted EBITDA in Q3 due to expected price normalization.

chemweek

2026-07-29

Methanex Q2 earnings surge on strong methanol pricing

Methanex Q2 earnings surge on strong methanol pricing

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