Balchem Corporation (BCPC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 270.71M | 263.62M | 267.56M | 255.47M | 250.52M | 240M | 239.94M | 234.08M | 239.66M | 228.7M | 229.95M | 231.25M | 232.54M | 232.53M | 244.27M | 236.69M | 228.87M | 213.13M | 197.87M | 202.37M |
| Revenue Growth % | 8.06% | 9.84% | 11.51% | 9.14% | 4.53% | 4.94% | 4.35% | 1.22% | 3.06% | -1.65% | -5.86% | -2.3% | 1.6% | 9.1% | 23.45% | 16.96% | 23.27% | 17.94% | 12.98% | 16.73% |
| Cost of Goods Sold | 169.63M | 169.72M | 172.1M | 162.35M | 162.35M | 153.67M | 154.58M | 151.09M | 158.15M | 153.71M | 153.4M | 153.9M | 159.37M | 163.89M | 175.84M | 164.82M | 157.36M | 149.07M | 136.94M | 142.92M |
| COGS % of Revenue | 62.66% | 64.38% | 64.32% | 63.55% | 64.81% | 64.03% | 64.42% | 64.54% | 65.99% | 67.21% | 66.71% | 66.55% | 68.53% | 70.48% | 71.99% | 69.63% | 68.76% | 69.94% | 69.2% | 70.62% |
| Gross Profit | 101.08M | 93.9M | 95.45M | 93.11M | 88.17M | 86.34M | 85.36M | 82.99M | 81.51M | 74.99M | 76.54M | 77.35M | 73.17M | 68.64M | 68.43M | 71.88M | 71.51M | 64.07M | 60.93M | 59.45M |
| Gross Margin % | 37.34% | 35.62% | 35.68% | 36.45% | 35.19% | 35.97% | 35.58% | 35.46% | 34.01% | 32.79% | 33.29% | 33.45% | 31.47% | 29.52% | 28.01% | 30.37% | 31.24% | 30.06% | 30.8% | 29.38% |
| Gross Profit Growth % | 14.65% | 8.76% | 11.82% | 12.19% | 8.16% | 15.13% | 11.52% | 7.3% | 11.4% | 9.26% | 11.86% | 7.61% | 2.33% | 7.14% | 12.3% | 20.91% | 21.76% | 12.76% | 8.1% | 7.34% |
| Operating Expenses | 45.46M | 33.83M | 40.87M | 41.67M | 37.15M | 38.89M | 37.37M | 37.06M | 39.84M | 36.66M | 32.93M | 34.51M | 38.76M | 35.33M | 34.8M | 31.96M | 33.17M | 30.25M | 28.42M | 28.85M |
| OpEx % of Revenue | 16.79% | 12.83% | 15.28% | 16.31% | 14.83% | 16.21% | 15.57% | 15.83% | 16.62% | 16.03% | 14.32% | 14.92% | 16.67% | 15.2% | 14.25% | 13.5% | 14.49% | 14.19% | 14.36% | 14.26% |
| Selling, General & Admin | 39.58M | 4.05M | 69.37M | 37.37M | 32M | 33.79M | 33.04M | 33.21M | 35.74M | 32.72M | 29.06M | 30.72M | 35.31M | 32.29M | 31.81M | 29.03M | 29.94M | 25.52M | 25.27M | 25.95M |
| SG&A % of Revenue | 14.62% | 1.54% | 25.93% | 14.63% | 12.77% | 14.08% | 13.77% | 14.19% | 14.91% | 14.31% | 12.64% | 13.28% | 15.19% | 13.89% | 13.02% | 12.27% | 13.08% | 11.98% | 12.77% | 12.83% |
| Research & Development | 5.88M | 5.05M | 9.32M | 4.66M | 4.66M | 4.51M | 4.33M | 3.85M | 4.1M | 3.94M | 3.87M | 3.79M | 3.45M | 3.04M | 3M | 2.92M | 3.23M | 4.72M | 3.16M | 2.9M |
| R&D % of Revenue | 2.17% | 1.92% | 3.48% | 1.82% | 1.86% | 1.88% | 1.8% | 1.65% | 1.71% | 1.72% | 1.68% | 1.64% | 1.48% | 1.31% | 1.23% | 1.23% | 1.41% | 2.21% | 1.59% | 1.43% |
| Other Operating Expenses | 0 | 1000K | -1000K | -362K | 489K | 597K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -161K | 0 | 128K | 0 |
| Operating Income | 55.63M | 60.07M | 54.58M | 51.44M | 51.02M | 47.44M | 47.99M | 45.8M | 41.68M | 38.34M | 43.61M | 42.84M | 34.41M | 33.3M | 33.63M | 39.92M | 38.34M | 33.82M | 32.51M | 30.59M |
| Operating Margin % | 20.55% | 22.79% | 20.4% | 20.14% | 20.36% | 19.77% | 20% | 19.56% | 17.39% | 16.76% | 18.97% | 18.52% | 14.8% | 14.32% | 13.77% | 16.87% | 16.75% | 15.87% | 16.43% | 15.12% |
| Operating Income Growth % | 9.04% | 26.61% | 13.73% | 12.33% | 22.41% | 23.76% | 10.04% | 6.91% | 21.12% | 15.1% | 29.71% | 7.3% | -10.25% | -1.53% | 3.42% | 30.49% | 25.38% | 16.93% | 12.01% | 13.66% |
| EBITDA | 55.63M | 71.29M | 77M | 62.84M | 62.03M | 58.34M | 58.9M | 58.3M | 55.34M | 52.39M | 57.42M | 56.26M | 48.05M | 47.2M | 47.72M | 51.85M | 50.26M | 46.08M | 44.67M | 42.69M |
| EBITDA Margin % | 20.55% | 27.04% | 28.78% | 24.6% | 24.76% | 24.31% | 24.55% | 24.91% | 23.09% | 22.91% | 24.97% | 24.33% | 20.66% | 20.3% | 19.54% | 21.91% | 21.96% | 21.62% | 22.58% | 21.1% |
| EBITDA Growth % | -10.32% | 22.2% | 30.73% | 7.79% | 12.08% | 11.35% | 2.57% | 3.62% | 15.17% | 11.01% | 20.32% | 8.51% | -4.4% | 2.42% | 6.83% | 21.46% | 17.06% | 10.09% | 6.15% | 7.64% |
| D&A (Non-Cash Add-back) | 0 | 11.22M | 22.42M | 11.4M | 11.01M | 10.9M | 10.9M | 12.51M | 13.67M | 14.06M | 13.8M | 13.43M | 13.65M | 13.89M | 14.1M | 11.93M | 11.93M | 12.26M | 12.16M | 12.1M |
| EBIT | 0 | 52.21M | 54.4M | 51.78M | 50.86M | 47.3M | 47.96M | 45.47M | 42.25M | 38.56M | 43.07M | 43.56M | 34.68M | 30.9M | 34.73M | 40.22M | 38.17M | 33.71M | 32.64M | 30.63M |
| Net Interest Income | 0 | -2.18M | -2.35M | -2.77M | -2.92M | -2.82M | -4.07M | -4.24M | -5.4M | -5.29M | -6.59M | -5.16M | -5.57M | -5.12M | -3.64M | -960K | -545K | -567K | -556K | -608K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 3.1M | 2.18M | 2.35M | 2.77M | 2.92M | 2.82M | 4.07M | 4.24M | 5.4M | 5.29M | 6.59M | 5.16M | 5.57M | 5.12M | 3.64M | 960K | 545K | 567K | 556K | 608K |
| Other Income/Expense | -3.1M | -10.03M | -2.54M | -2.43M | -3.08M | -2.96M | -4.1M | -4.57M | -4.83M | -5.07M | -7.14M | -4.44M | -5.29M | -7.53M | -2.54M | -662K | -706K | -675K | -428K | -574K |
| Pretax Income | 52.52M | 50.03M | 52.04M | 49.01M | 47.94M | 44.48M | 43.89M | 41.23M | 36.85M | 33.27M | 36.48M | 38.4M | 29.12M | 25.78M | 31.09M | 39.26M | 37.63M | 33.15M | 32.09M | 30.02M |
| Pretax Margin % | 19.4% | 18.98% | 19.45% | 19.18% | 19.14% | 18.53% | 18.29% | 17.61% | 15.38% | 14.55% | 15.86% | 16.61% | 12.52% | 11.09% | 12.73% | 16.59% | 16.44% | 15.55% | 16.22% | 14.83% |
| Income Tax | 12.24M | 10.81M | 11.76M | 10.73M | 10.89M | 10.9M | 10.06M | 9.16M | 7.86M | 6.62M | 7.4M | 8.29M | 6.41M | 4.37M | 5.84M | 9.48M | 8.7M | 8.2M | 7.07M | 7.29M |
| Effective Tax Rate % | 23.3% | 21.6% | 22.59% | 21.9% | 22.71% | 24.51% | 22.91% | 22.21% | 21.34% | 19.9% | 20.29% | 21.59% | 22.01% | 16.95% | 18.77% | 24.14% | 23.12% | 24.73% | 22.04% | 24.28% |
| Net Income | 40.28M | 39.23M | 40.29M | 38.28M | 37.05M | 33.58M | 33.84M | 32.07M | 28.99M | 26.65M | 29.07M | 30.11M | 22.71M | 21.41M | 25.25M | 29.78M | 28.93M | 24.95M | 25.01M | 22.73M |
| Net Margin % | 14.88% | 14.88% | 15.06% | 14.98% | 14.79% | 13.99% | 14.1% | 13.7% | 12.09% | 11.65% | 12.64% | 13.02% | 9.77% | 9.21% | 10.34% | 12.58% | 12.64% | 11.71% | 12.64% | 11.23% |
| Net Income Growth % | 8.72% | 16.8% | 19.07% | 19.36% | 27.83% | 26.02% | 16.38% | 6.51% | 27.64% | 24.49% | 15.15% | 1.1% | -21.5% | -14.2% | 0.94% | 31.02% | 23.57% | 12.58% | 15.97% | 7.6% |
| Net Income (Continuing) | 40.28M | 39.23M | 40.29M | 38.28M | 37.05M | 33.58M | 33.84M | 32.07M | 28.99M | 26.65M | 29.07M | 30.11M | 22.71M | 21.41M | 25.25M | 29.78M | 28.93M | 24.95M | 25.01M | 22.73M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.25 | 1.21 | 1.24 | 1.17 | 1.13 | 1.03 | 1.03 | 0.98 | 0.89 | 0.82 | 0.90 | 0.93 | 0.70 | 0.66 | 0.78 | 0.92 | 0.89 | 0.76 | 0.77 | 0.70 |
| EPS Growth % | 10.62% | 17.48% | 20.39% | 19.39% | 26.97% | 25.61% | 14.44% | 5.38% | 27.14% | 24.24% | 15.38% | 1.09% | -21.35% | -13.16% | 1.3% | 31.43% | 23.61% | 11.76% | 16.67% | 7.69% |
| EPS (Basic) | 1.26 | 1.22 | 1.25 | 1.18 | 1.14 | 1.03 | 1.04 | 0.99 | 0.90 | 0.83 | 0.91 | 0.94 | 0.71 | 0.67 | 0.79 | 0.93 | 0.90 | 0.77 | 0.78 | 0.70 |
| Diluted Shares Outstanding | 32.28M | 32.32M | 32.7M | 32.74M | 32.81M | 32.55M | 32.78M | 32.65M | 32.63M | 32.48M | 32.48M | 32.43M | 32.41M | 32.4M | 32.37M | 32.31M | 32.48M | 32.72M | 32.64M | 32.65M |
| Basic Shares Outstanding | 32.28M | 32.32M | 32.7M | 32.74M | 32.44M | 32.55M | 32.37M | 32.31M | 32.25M | 32.25M | 32.12M | 32.11M | 32.08M | 32.15M | 32.01M | 32M | 32.04M | 32.29M | 32.19M | 32.4M |
| Dividend Payout Ratio | - | 0.03% | 0.03% | 0.01% | 76.28% | 0.01% | 0.01% | 0.04% | 88.16% | - | 0.01% | 0.01% | 100.69% | 0.02% | 0.02% | 0% | 71.56% | 0.08% | 0.02% | - |