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Balchem (BCPC) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 23, 2026

Balchem (BCPC) reported revenue of $291M for the third quarter 2026 (Q3 2026), +9% from a year earlier and +2% from the quarter before. Operating margin was 21.5%, net earnings $46.7M (16.1% of revenue).

Revenue$291M
Year over year+9%
Quarter over quarter+2%
Operating margin21.5%
Net earnings$46.7M

Balchem, Q3 2026: revenue $291M (+9% year over year), operating margin 21.5%, net earnings $46.7M, operating cash flow $69.8M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$291M+2%+9%
Gross profit$106M+2%+11%
Operating profit$62.4M+5%+14%
Net earnings$46.7M+5%+16%
Operating cash flow$69.8M+49%+6%
Free cash flow$57.9M—+14%

What changed

Revenue was $290.7M in Q3 2026, up 9% year over year and up 2% from the previous quarter. Product Sales Revenue was the largest line at 100% of revenue. Product Sales Revenue added $23.2M year over year (up 9%), 100% of the total change. Royalty Revenue declined 16%.

Gross margin was 36.4%, up 0.7 points from Q3 2025. Operating profit was $62.4M, a 21.5% margin (up 1.1 points year over year). Of the extra revenue versus Q3 2025, 34% reached operating profit, above the 20% margin then. Operating expenses grew 6% against revenue growth of 9%. The fastest-growing cost line was Research & development (+19%). Net earnings were $46.7M, up 16% year over year. The effective tax rate was 22.2%.

Operating cash flow was $69.8M (up 6% year over year), 149% of net earnings. Non-cash charges added back $12.4M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items added $5.6M. After capital expenditures and proceeds from the sale of assets ($11.9M), free cash flow as the company reports it was $57.9M.

Questions

What was Balchem's revenue in the third quarter 2026?

Balchem (BCPC) reported revenue of $291M for the third quarter 2026 (Q3 2026), +9% from a year earlier and +2% from the quarter before.

Was Balchem profitable in the third quarter 2026?

Operating profit was $62.4M (21.5% of revenue) and net earnings $46.7M.

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Source: Balchem 10-Q on SEC EDGAR.