July 31, 2026
Balchem Reports Second Quarter 2026 Financial Results
Ted Harris, Chairman, President and CEO of Balchem said, “The Balchem team delivered another strong quarter in Q2 of 2026, and we remain confident in the long-term growth outlook for our company as we continue to execute our strategic growth initiatives.”
Second Quarter 2026 Financial Highlights:
- Net sales were $284.0 million, an increase of 2% from the prior year quarter.
- GAAP net earnings were $44.6 million, an increase of 6% from the prior year quarter.
- Adjusted EBITDA was $77.9 million, an increase of 6% from the prior year quarter.
- GAAP earnings per share were $1.39 compared to $1.17 in the prior year quarter and adjusted earnings per share(a) were $1.49 compared to $1.27 in the prior year quarter.
- Cash flows from operations were $46.7 million, with free cash flow(a) of $36.2 million.
- Excellent sales and earnings from operations growth in all three of our reporting segments.
Recent Highlights:
- On July 24, 2026, we entered into an amendment to our existing credit agreement, that was due July 27, 2027, with lenders in the form of a senior secured revolving credit facility, now due July 24, 2031. This amendment increased the allowed borrowing from $550 million to $650 million, and expanded the company’s ability to fund growth, innovation, and acquisitions.
- Balchem repurchased $29 million of common stock during the second quarter and $114 million over the trailing twelve months, reflecting the Company’s balanced capital allocation strategy and commitment to long-term shareholder value creation.
(a) 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 Friday, July 31, 2026, at 11:00 AM Eastern Time (ET) to review second 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 +1-833-461-5787 (USA/Canada toll free) or +1-585-542-9983 (International Toll), and referencing Meeting ID: 980453675, 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/980453675. The conference call will be available for replay shortly after the conclusion of the call at https://events.q4inc.com/attendee/980453675 for one year.