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Neo Q2 FY26 adjusted EBITDA more than doubled to USD 57.03 million; revenue rises to USD 205.75 million

Neo Q2 FY26 adjusted EBITDA more than doubled to USD 57.03 million; revenue rises to USD 205.75 million

ReutersReuters2026/08/11 11:15
  • Neo Performance Materials posted Q2 2026 net income of USD 17.46 million, up 207% year over year; revenue rose 79.4% to USD 205.75 million.
  • Operating income climbed to USD 41.77 million; adjusted EBITDA (non-IFRS) rose to a record USD 57.03 million.
  • Adjusted EBITDA margin (non-IFRS) widened to 27.7%, up 12.4 percentage points year over year, on strong demand and sustained favorable pricing.
  • Rare Metals drove results as adjusted EBITDA (non-IFRS) rose to USD 44.41 million, reflecting record hafnium, gallium and tantalum pricing.
  • Neo lifted full-year adjusted EBITDA (non-IFRS) guidance to USD 140 million-USD 150 million, citing higher contracted critical-material volumes into 2027.


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. Neo Performance Materials Inc. published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.

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