April 30, 2026
Balchem Reports First Quarter 2026 Financial Results
Ted Harris, Chairman, President and CEO of Balchem said, “The first quarter was an excellent start to the year for Balchem, with sales and earnings growth in all three segments. We delivered record first quarter net sales, adjusted EBITDA, and net earnings, as well as strong cash flows.”
First Quarter 2026 Financial Highlights:
- Net sales were $270.7 million, an increase of 8.1% compared to the prior year quarter.
- GAAP net earnings were $40.3 million, an increase of 8.7% from the prior year quarter.
- Adjusted EBITDA was $74.3 million, an increase of 12.1% from the prior year quarter.
- GAAP earnings per share was $1.25 compared to $1.13 in the prior year quarter and adjusted earnings per share(a) was $1.33 compared to $1.22 in the prior year quarter.
- Cash flows from operations were $40.1 million, with free cash flow(a) of $33.8 million.
- Sales and earnings from operations growth in all three of our reporting segments.
Recent Highlights:
- For the first time, new clinical research using functional magnetic resonance imaging indicates that choline may influence brain network efficiency in post-menopausal women. Published in the peer-reviewed journal Nutrients, the study used Balchem’s VitaCholine® ingredient, showing its effects on working memory-related brain activation and functional connectivity and suggesting that VitaCholine® may help enhance cognitive health in older adults.
- On April 22, we released our 2025 Sustainability Report, highlighting our sustainability initiatives and accomplishments. Guided by our core values and our vision of making the world a healthier place, our Sustainability Report demonstrates our commitment to bringing innovative solutions for global health and nutrition needs, and to operate with excellence as strong stewards of our employees, customers, shareholders, and communities.
See “Non-GAAP Financial Information” for reconciliations of GAAP and non-GAAP financial measures.
Quarterly Conference Call
A quarterly conference call will be held on Thursday, April 30, 2026, at 11:00 AM Eastern Time (ET) to review first quarter 2026 results. Ted Harris, Chairman, President and CEO and Martin Bengtsson, CFO will host the call. Institutional investors, analysts and other members of the financial community are invited to join the live call by dialing 800-715-9871 (toll free USA/Canada), +1-646-307-1963 (USA/International) or 647-932-3411 (Canada/Toronto), five minutes prior to the scheduled start time of the conference call. Investors and the public are invited to listen to the live webcast at https://events.q4inc.com/attendee/169585269. The conference call will be available for replay shortly after the conclusion of the call at https://events.q4inc.com/attendee/169585269 for one year.
