Calumet Q1 FY26 net loss widens to $317 million

Calumet, Inc.

Calumet, Inc.

CLMT

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  • Calumet posted a first-quarter net loss of USD 317 million, widening from USD 162 million a year earlier, as basic loss per share deepened to USD 3.64 from USD 1.87.
  • Sales rose to USD 1.03 billion from USD 993.9 million, while operating loss widened to USD 171.3 million from USD 48.7 million.
  • Adjusted EBITDA fell to USD 27.6 million from USD 38.1 million; the company flagged USD 147.4 million of non-cash RINs expense and a USD 102.7 million unrealized derivatives loss.
  • Montana Renewables completed its turnaround and began MaxSAF 150 operations in early May, while Shreveport resumed normal operations in early April following previously disclosed downtime.
  • CEO Todd Borgmann said EPA’s SET2 RVO announcement in March “has transformed the outlook for biofuel margins,” adding integrated specialties is entering an “extremely strong” margin environment.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Calumet Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605080700PR_NEWS_USPR_____DE54747) on May 08, 2026, and is solely responsible for the information contained therein.

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