Cabot Corporation

Filing receipts

“The lower volumes were primarily due to lower volumes in our fumed metal oxides product line from lower demand and the less favorable pricing and product mix was primarily due to lower raw material costs which, in certain instances, are passed through to our customers through formulas and other market-based adjustments.”

“The decrease in Net sales and other operating revenue in the first six months of fiscal 2026 compared to the same period of fiscal 2025 was primarily driven by less favorable pricing and product mix ($162 million combined), primarily in our Reinforcement Materials segment, and lower volumes ($30 million combined), primarily in our Reinforcement Material segment, partially offset by the favorable impact from foreign currency translation in both our Reinforcement Materials and Performance Chemicals segments ($58 million combined).”

“Second quarter of Fiscal 2026 versus Second quarter of Fiscal 2025—By Business Segment Reinforcement Materials Sales and EBIT for Reinforcement Materials for the second quarter of fiscal 2026 and 2025 were as follows: Three Months Ended March 31 Six Months Ended March 31 2026 2025 2026 2025 (In millions) Reinforcement Materials Sales $ 544 $ 594 $ 1,064 $ 1,205 Reinforcement Materials EBIT $ 93 $ 131 $ 195 $ 261 Sales in Reinforcement Materials decreased by $50 million in the second quarter of fiscal 2026 compared to the same period of fiscal 2025 primarily due to less favorable pricing and product mix ($95 million), partially offset by higher volumes ($21 million) and the favorable impact...”