ICL, an Israel-based global leader in specialty minerals, announced its financial results for the third quarter ended September 30, 2025, reporting year-over-year growth in sales and key earnings metrics.

Consolidated sales for Q3 reached $1.9 billion, up $100 million compared to the same period last year. Operating income rose to $230 million, compared with $214 million in Q3 2024, while adjusted operating income was slightly lower at $241 million versus $243 million.

Net income attributable to shareholders totaled $115 million, up from $113 million, with adjusted net income at $124 million, down from $136 million. Adjusted EBITDA increased 4% to $398 million from $383 million in the prior year.

"For the third quarter, ICL delivered solid year-over-year growth in both sales and EBITDA, even as some regional and end-market performance varied,” said Elad Aharonson, President and CEO of ICL.

“Sales were once again led by our specialties-driven businesses, with Industrial Products, Phosphate Solutions, and Growing Solutions all showing growth for the quarter and the first nine months of the year. Our Potash segment also benefited from improved pricing across both contracted and spot sales.”

As part of its strategic priorities, ICL plans to focus on maximizing core businesses, including Potash and Industrial Products, while reallocating resources to high-potential opportunities and streamlining non-synergistic activities. The company will continue its portfolio optimization and cost-efficiency initiatives across all operations.

ICL reiterated its full-year guidance for specialties-driven EBITDA of $0.95 billion to $1.15 billion, while expecting Potash sales volumes between 4.3 million and 4.5 million metric tons.

On future growth, Aharonson highlighted a recent memorandum of understanding (MOU) with the State of Israel regarding the Dead Sea Concession, positioning ICL as the leading candidate for the next concession.

“This step provides long-term regulatory clarity and business certainty, which are essential for our continued operations and growth,” he said. “It is expected to promote fairer and more transparent terms for the future concession, allowing us to focus on our core mission—driving profitable growth in our specialty businesses and strengthening our leadership across all segments.”