FMC Corporation Releases Q3 Financial Results
FMC Corporation has released its financial results for the third quarter of 2025, reporting significant challenges stemming from its commercial business operations in India. This quarter marks a notable decline in revenue and earnings, reflecting the ongoing adjustments the company is undertaking.
Key Financial Highlights for Q3 2025
- Revenue totaled $542 million, a staggering 49% drop compared to the third quarter of 2024.
- When excluding India, revenue was reported at $961 million, representing a 10% decline year-over-year.
- Organic revenue decreased by 11%, primarily due to lower pricing and competitive pressures.
- GAAP net loss amounted to $569 million, a decline of $634 million from the previous year.
- Adjusted EBITDA rose to $236 million, showing a 17% increase compared to Q3 2024.
- Adjusted earnings per diluted share were reported at $0.89, a 30% rise year-over-year.
Revenue Challenges
The dramatic drop in revenue is largely attributed to one-time commercial actions taken to prepare the Indian segment for sale. Excluding India, the company experienced a less severe decline, showcasing that operational improvements in regions like North America still hold potential.
Operational Adjustments
FMC has undertaken extensive measures to optimize its operations in anticipation of divesting its Indian business. This includes recognizing significant charges and write-downs totaling approximately $510 million related to the valuation of the India operations, which are currently held for sale.
Updated Outlook for 2025
- Full-year revenue is now expected to range from $3.92 billion to $4.02 billion, down by 7% at the midpoint.
- Adjusted EBITDA forecast has been lowered to $830 million to $870 million, a 6% decline versus 2024.
- The adjusted earnings per diluted share are projected to be between $2.92 and $3.14, a decrease of 13% year-over-year.
- Free cash flow expectations have been revised to a forecast of negative $200 million to zero.
Cost Reduction Initiatives
The company is also implementing cost-cutting strategies aimed at realigning its manufacturing footprint. These steps are intended to increase competitiveness against generic products while supporting innovative developments in its product line.
Dividend Update
In response to the current economic pressures and the need for debt reduction, FMC has reduced its quarterly dividend to $0.08 per share.
Looking forward, FMC aims to position itself for recovery through strategic adjustments while focusing on its growth portfolio and new product developments. The executive leadership remains committed to navigating these challenges and enhancing operational efficiency.
