{"schema_version":"secwatch.filing_event.v1","accession":"0000037785-26-000149","form_type":"8-K","ticker":"FMC","cik":"0000037785","company_name":"FMC CORP","filed_at":"2026-10-15T12:03:47+00:00","discovered_at":"2026-10-15T12:05:00.145339+00:00","generated_at":"2026-10-15T12:05:03.812686+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.92,"calibrated_materiality_score":0.92,"confidence":"high","headline":"FMC cuts Q3 2026 revenue to $65-125M, sees Adjusted EBITDA of -$510M to -$565M on $625-675M charges","bullets":["Q3 2026 revenue now expected at $65M-$125M with Adjusted EBITDA of negative $565M to negative $510M, an update to prior guidance.","Commercial actions in Brazil, Argentina, the U.S. and Canada lower prices on select products held by channel customers; ~$625M-$675M of charges hit revenue and Adjusted EBITDA.","FMC will modify its U.S. selling and pricing model, significantly reducing the gap between gross and net pricing versus the historical high gross-price/high-rebate structure.","CEO Pierre Brondeau cites weaker-than-expected demand, distributors holding elevated higher-priced FMC inventory, and increased generic competition widening the gap to market prices.","FMC expects covenant compliance at Sept 30, 2026 but will discuss further covenant modifications with its bank group; Q3 results Oct 29, 2026, 2027-2028 outlook Oct 30."],"urls":{"canonical":"https://secwatch.observer/filing/0000037785-26-000149","json":"https://secwatch.observer/filing/0000037785-26-000149.json","markdown":"https://secwatch.observer/filing/0000037785-26-000149.md","text":"https://secwatch.observer/filing/0000037785-26-000149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/37785/000003778526000149/0000037785-26-000149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/37785/000003778526000149/fmc-20261015.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-15T12:05:03.812686+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}