Q2 2025 Performance - Revenue increased by 1% to $1,051 million compared to Q2 2024[6], with organic revenue up by 2%[8, 20] - Adjusted EBITDA increased by 2% to $207 million[6, 9] - Adjusted EPS increased by 10% to $0.69[6] - GAAP Net Income decreased by 77% to $67 million[6] - GAAP EPS decreased by 77% to $0.53[6] Regional Performance - North America revenue decreased by 5% to $321 million[21] - Latin America revenue decreased by 17% to $159 million[21] - Asia revenue increased by 1% to $310 million[21] - EMEA revenue increased by 29% to $260 million[21] Financial Outlook - FY 2025 revenue is projected to be between $408 billion and $428 billion, a decrease of 2% year-over-year[24] - FY 2025 Adjusted EBITDA is projected to be between $870 million and $950 million, an increase of 1% year-over-year[24] - FY 2025 Adjusted EPS is projected to be between $326 and $370, flat year-over-year[24] - Q3 2025 revenue is projected to be between $1 billion and $110 billion, a decrease of 1% year-over-year[26] - Q3 2025 Adjusted EBITDA is projected to be between $210 million and $250 million[26] - Q3 2025 Adjusted EPS is projected to be $078 to $098, an increase of 28% year-over-year[26]

Financial Performance - FMC Corporation reported second quarter 2025 revenue of $1.05 billion, an increase of 1 percent compared to the same period in 2024, and a 2 percent organic growth [1][4] - The company’s GAAP net income for the second quarter was $0.53 per diluted share, reflecting a 77 percent decrease from the prior year due to prior year tax incentives [1][4] - Adjusted earnings per diluted share were $0.69, up 10 percent from the second quarter of 2024 [1][4] Revenue Drivers - The increase in revenue was primarily driven by a 6 percent growth in volume, as customers reached target inventory levels for FMC products, despite a 3 percent decline in pricing [2][3] - Sales in North America decreased by 5 percent, while Latin America saw a 1 percent increase, and EMEA sales rose by 29 percent [3][4] Operational Changes - FMC's Board of Directors approved the divestment of its commercial business in India, with plans to maintain participation in the market through a supply agreement with the buyer [6][7] - The revenue from the India commercial business will be classified as held for sale starting in the third quarter, and its earnings will be excluded from adjusted EBITDA and adjusted EPS [7][8] Future Outlook - For the full year 2025, FMC expects revenue excluding India to be between $4.08 billion and $4.28 billion, a decrease of 2 percent at the midpoint compared to the previous year [10][12] - The third quarter revenue forecast, excluding India, is projected to be between $1.00 billion and $1.10 billion, reflecting a 1 percent decline at the midpoint compared to the third quarter of 2024 [8][12] - Adjusted EBITDA for the third quarter is expected to range from $210 million to $250 million, representing a 14 percent increase at the midpoint compared to the prior year [8][12]

Q1 2025 Financial Results - Revenue decreased by 14% from Q1 2024, totaling $791 million compared to $918 million[9] - GAAP Net Loss was $(16) million, a decrease of $(13) million compared to Q1 2024's $(3) million[9] - Adjusted EBITDA decreased by 25% to $120 million, compared to $161 million in Q1 2024[9] - Adjusted EPS decreased by 50% to $0.18, compared to $0.36 in Q1 2024[9] Regional Revenue Performance - North America revenue decreased by 10% organically, or 27% excluding FX, to $207 million[14] - Latin America revenue decreased by 28% year-over-year, but increased by 17% excluding FX, reaching $186 million[14] - Asia revenue decreased by 24% year-over-year, or 21% excluding FX, to $125 million[14] - EMEA revenue decreased by 11% year-over-year, or 7% excluding FX, to $273 million[14] 2025 Financial Outlook - Q2 2025 revenue is projected to be between $104 billion and $1.10 billion, a decrease of 2% year-over-year[25] - Q2 2025 Adjusted EBITDA is expected to be between $175 million and $205 million, a decrease of 6% year-over-year[25] - FY 2025 revenue is projected to be between $4.15 billion and $4.35 billion, flat year-over-year or up 3% excluding GSS[27] - FY 2025 Adjusted EBITDA is projected to be between $870 million and $950 million, up 1% year-over-year or 4% excluding GSS[27] Tariff Impact - The company estimates $15 million to $20 million of direct incremental costs in 2025 due to tariffs[30]