---
schema_version: "secwatch.filing_event.v1"
accession: "0000037785-23-000151"
form_type: "8-K"
ticker: "FMC"
cik: "0000037785"
company_name: "FMC CORP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T15:16:38.132235+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FMC Q2 revenue falls 30% to $1.01B; GAAP EPS $0.24, down 77% YoY; full-year outlook lowered

## Summary
- Revenue $1.01B, down 30% vs Q2 2022; organic decline 28%; volume down 31%, price up 3%.
- GAAP net income $32.4M ($0.24 diluted EPS), down 75% and 77% respectively vs prior year.
- Adjusted EPS $0.50, down 74% vs Q2 2022; adjusted EBITDA $187.6M, down 48%.
- Full-year 2023 adjusted EPS guidance lowered to $5.86-6.80 (15% decline at midpoint); free cash flow range -$175M to +$175M.
- Cites unprecedented inventory destocking by growers and channels; expects H2 adjusted EBITDA growth of 16% at midpoint.

## SEC filing metadata
- accession: 0000037785-23-000151
- form_type: 8-K
- ticker: FMC
- cik: 0000037785
- company_name: FMC CORP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/37785/000003778523000151/0000037785-23-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/37785/000003778523000151/fmc-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000037785-23-000151
- JSON: https://secwatch.observer/filing/0000037785-23-000151.json
- Plain text: https://secwatch.observer/filing/0000037785-23-000151.txt

## Key facts
- Earnings Releases
  FMC CORP reported Q2 2023 results: revenue $1.01 billion, net income $32.4 million, EPS $0.24 per diluted share. Guidance lowered.
  - Period: Q2 2023
  - Revenue: $1.01 billion
  - Net income: $32.4 million
  - EPS: $0.24 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: FMC Corporation (NYSE:FMC) today reported second quarter 2023 revenue of $1.01 billion, down 30 percent versus second quarter 2022, and down 28 percent organically. On a GAAP basis, the company reported earnings of $0.24 per diluted share in the second quarter, a decrease of 77 percent versus second quarter 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/37785/000003778523000151/0000037785-23-000151-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.