Nutrien releases transcript of Q2 2026 earnings call
NTR•Earnings call highlights
Nutrien Q2 2026 earnings call drew CEO Ken Seitz, CFO Mark Thompson, global sales EVP Chris Reynolds, SVP Jeff Holzman and economist Jason Newton.
- Adjusted EBITDA totaled $2.4 billion in Q2; first-half adjusted EBITDA reached $3.5 billion, up 6% year over year.
Potash and nitrogen results
- Potash: Q2 adjusted EBITDA was $658 million; 2026 sales volume guidance was raised to 14,200,000-14,800,000 tonnes; global shipments outlook was held at 74,000,000-77,000,000 tonnes.
- Nitrogen: Q2 adjusted EBITDA was $635 million; 2026 sales volume guidance was kept at 9,200,000-9,700,000 tonnes; Q3 volumes were largely committed.
Capital returns and spending
- Capital returns accelerated: capex guidance was cut to $1.95-$2.05 billion; buybacks were stepped up to about $75 million per month in Q3.
