---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-016703"
form_type: "8-K"
ticker: "LXU"
cik: "0000060714"
company_name: "LSB INDUSTRIES, INC."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:05:01.700995+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LSB Industries Q1 net income falls to $16M from $59M; adjusted EPS $0.25 vs $0.69

## Summary
- Net sales $181M, down 9% YoY; net income $16M ($0.21 EPS) vs $59M ($0.66 EPS) last year.
- Adjusted EBITDA $51M vs $101M; lower pricing and higher natural gas costs offset volume gains.
- Sales volumes up 6% overall; ammonia tons up 47% but average price down 27% to $703/ton.
- Cash and short-term investments $426M; long-term debt $711M; capex guidance $60-80M for FY2023.
- Management sees pricing at or near bottom; expects stronger Q2 results.

## SEC filing metadata
- accession: 0000950170-23-016703
- form_type: 8-K
- ticker: LXU
- cik: 0000060714
- company_name: LSB INDUSTRIES, INC.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/60714/000095017023016703/0000950170-23-016703-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60714/000095017023016703/lxu-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-016703
- JSON: https://secwatch.observer/filing/0000950170-23-016703.json
- Plain text: https://secwatch.observer/filing/0000950170-23-016703.txt

## Key facts
- Earnings Releases
  LSB INDUSTRIES, INC. reported the first quarter ended March 31, 2023 results: revenue $181 million, net income $16 million, EPS $0.21.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $181 million
  - Net income: $16 million
  - EPS: $0.21
  - Result: reported results
  source text: LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights • Net sales of $181 million compared to $199 million in the first quarter of 2022 • Net income of $16 million compared to $59 million in the first quarter of 2022; Adjusted net income of $19 million as compared to $62 million in the first quarter of 2022 • EPS of $0.21 compared to $0.66 for the first quarter of 2022; Adjusted EPS (1) of $0.25 compared to $0.69 in the first quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/60714/000095017023016703/0000950170-23-016703-index.htm

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