)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Celanese (CE) investor relations material
Celanese Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary7 Nov, 2025
Executive summary
Q3 2025 delivered strong free cash flow of $375M and adjusted EPS of $1.34, despite a GAAP net loss of $1.4B driven by a $1.1B goodwill impairment in Engineered Materials.
Strategic divestiture of the Micromax® business for ~$500M, with proceeds dedicated to deleveraging, marks a key milestone in debt reduction efforts.
Cost reduction initiatives are on track, with $120M in expected 2025 savings and further opportunities identified, including closure of the Lanaken facility for $20M–$30M in productivity savings by 2027.
Priorities for 2026 include increasing cash flow, intensifying cost improvements, and driving top-line growth, with a strong foundation laid in 2025 even if demand remains flat.
The company is focused on leveraging leading positions in acetates and engineered materials, with ongoing portfolio optimization and divestitures targeting $1B by 2027.
Financial highlights
Q3 2025 net sales were $2.4B, down 9% year-over-year, with a net loss of $1.4B due to non-cash impairments.
Q3 2025 free cash flow reached $375M, with year-to-date free cash flow exceeding FY2024 levels.
Adjusted EBIT for Q3: $200M in Engineered Materials, $187M in Acetyl Chain.
Cash and cash equivalents at quarter-end: $1.44B; long-term debt: $11.7B.
Q3 2025 operating EBITDA margin: 21%; adjusted EBIT margin: 14%.
Outlook and guidance
Q4 2025 adjusted EPS guidance is $0.85–$1.00, with continued focus on earnings improvement and cash generation.
Free cash flow guidance for 2026 is at least $700M–$800M, with this level seen as sustainable.
EPS is expected to grow by $1–$2 in 2026, primarily from cost actions and growth from the engineered materials pipeline.
No restocking is assumed in the $1–$2 EPS growth guidance for 2026; about half of the uplift is from cost actions.
Capital expenditures for 2025 are expected to be $300–$350M, focused on maintenance and productivity.
Future implications of EM goodwill impairment
How will 2025 FCF target support deleveraging?
Lanaken closure: impact on Acetyl Chain strategy?
How much of 2026 EPS growth is from EM pipeline?
How are non-US acetyl assets being utilized?
Status of polymer capacity rationalization
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Celanese earnings date
Q4 202518 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Celanese Corporation manufactures and sells high performance engineered polymers in the United States and internationally. It operates in three segments: Advanced Engineered Materials, Consumer Specialties, and Acetate Tow. Its products are primarily used in automotive and transportation applications; medical devices and pharmaceutical delivery systems; electronics and electrical components; home appliances; building materials, paint, roofing, textiles, and coatings. The company also provides acetate tow that is used to produce cigarette filters; specialty fibers for food air filtration products; cosmetic ingredients that are used to enhance personal care products; food grade polymers for beverage application; polymers for hard coat applications for architectural window films and reflective glass beads road markings.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage