FMC Plunges 35% on Drastically Cut Q3 Outlook, Citing Weak Demand & Inventory Issues

FMC Corporation (NYSE: FMC) shares tumbled 35% after the agricultural sciences company slashed its Q3 2026 guidance. The company now projects Q3 revenue between $65M-$125M and an adjusted EBITDA loss of $510M-$565M, reflecting a $625M-$675M impact from aggressive commercial actions .

Key points:

• Demand Weakness: Weaker-than-expected demand and elevated inventory of higher-priced products held by channel partners .
• Pricing Pressure: Rapid market price declines due to intensifying generic competition .
• Strategic Overhaul: FMC is implementing price reductions and restructuring its U.S. pricing and sales model to address inventory bottlenecks .

This profit warning signals significant headwinds in the agricultural chemicals sector.