Balchem Corporation (BCPC)

Nasdaq Materials Specialty Chemicals S&P SmallCap 600

$174.43

-5.28 (-2.94%)

Close of Nov 06, 2026 · end-of-day data

Source: Balchem Corporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$553.20M	$594.79M	$643.68M	$643.71M	$703.64M	$799.02M	$942.36M	$922.44M	$953.68M	$1.04B
Cost of revenue	$372.34M	$405.78M	$439.43M	$432.34M	$479.75M	$555.85M	$661.91M	$620.38M	$617.48M	$666.53M
Gross profit	$180.86M	$189.01M	$204.25M	$211.37M	$223.90M	$243.17M	$280.45M	$302.06M	$336.21M	$370.63M
Research & development	$7.33M	$9.30M	$11.59M	$11.38M	$10.33M	$13.52M	$12.19M	$15.05M	$16.79M	$18.51M
Operating income	$90.84M	$96.90M	$107.10M	$102.55M	$111.15M	$127.50M	$145.19M	$159.19M	$182.91M	$209.33M
Interest expense	$7.26M	$7.54M	—	—	—	—	—	—	—	—
Pre-tax income	$82.93M	$88.49M	$99.03M	$96.48M	$106.42M	$125.23M	$133.75M	$137.26M	$166.45M	$199.03M
Income tax	$26.96M	-$1.58M	$20.46M	$16.81M	$21.79M	$29.13M	$28.38M	$28.72M	$37.98M	$44.19M
Net income	$55.97M	$90.07M	$78.57M	$79.67M	$84.62M	$96.10M	$105.37M	$108.54M	$128.47M	$154.84M
EBITDA	$137.04M	$141.28M	$151.77M	$148.41M	$162.43M	$176.38M	$197.03M	$214.13M	$230.88M	$255.02M
EPS (basic)	$1.78	$2.83	$2.45	$2.48	$2.63	$2.98	$3.29	$3.38	$3.97	$4.80
EPS (diluted)	$1.75	$2.79	$2.42	$2.45	$2.60	$2.94	$3.25	$3.35	$3.93	$4.75
Diluted shares	31.92M	32.23M	32.45M	32.51M	32.50M	32.67M	32.39M	32.45M	32.72M	32.60M
Gross margin	32.7%	31.8%	31.7%	32.8%	31.8%	30.4%	29.8%	32.7%	35.3%	35.7%
Operating margin	16.4%	16.3%	16.6%	15.9%	15.8%	16.0%	15.4%	17.3%	19.2%	20.2%
Net margin	10.1%	15.1%	12.2%	12.4%	12.0%	12.0%	11.2%	11.8%	13.5%	14.9%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$38.64M	$40.42M	$54.27M	$65.67M	$84.57M	$103.24M	$66.56M	$64.45M	$49.52M	$74.57M
Receivables	$83.25M	$91.23M	$99.55M	$93.44M	$98.21M	$117.41M	$131.58M	$125.28M	$119.66M	$143.60M
Inventory	$57.24M	$60.70M	$67.19M	$83.89M	$70.62M	$91.06M	$119.67M	$109.52M	$130.80M	$131.45M
Total current assets	$188.44M	$199.34M	$226.31M	$254.95M	$266.89M	$322.23M	$335.80M	$314.24M	$313.77M	$365.61M
Goodwill	$439.81M	$441.36M	$448.00M	$524.00M	$529.46M	$523.95M	$769.51M	$778.91M	$780.03M	$816.38M
Total assets	$948.63M	$963.64M	$981.36M	$1.16B	$1.17B	$1.20B	$1.62B	$1.60B	$1.58B	$1.69B
Total current liabilities	$101.01M	$108.40M	$82.06M	$92.26M	$94.43M	$143.80M	$140.04M	$148.49M	$157.69M	$176.38M
Short-term debt	$35.00M	$35.00M	$0	$2.48M	—	—	—	—	—	—
Long-term debt	$226.49M	$0	$156.00M	—	—	—	—	—	—	—
Total debt	$261.49M	$35.00M	$156.00M	$2.48M	—	—	—	—	—	—
Total liabilities	$427.59M	$346.75M	$289.74M	$412.01M	$337.61M	$322.31M	$686.23M	$543.23M	$425.46M	$428.84M
Shareholders' equity	$521.03M	$616.88M	$691.62M	$743.67M	$828.23M	$877.01M	$938.28M	$1.05B	$1.15B	$1.26B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$107.61M	$110.62M	$118.70M	$124.46M	$150.49M	$160.51M	$138.54M	$183.76M	$182.00M	$216.56M
Capital expenditures	$23.03M	$27.53M	$19.17M	$25.79M	$32.08M	$36.14M	$49.09M	—	—	—
Free cash flow	$84.58M	$83.09M	$99.53M	$98.67M	$118.41M	$124.37M	$89.45M	$183.76M	$182.00M	$216.56M
Investing cash flow	-$133.59M	-$42.70M	-$31.99M	-$156.22M	-$34.59M	-$35.30M	-$416.01M	-$34.81M	-$59.74M	-$43.89M
Financing cash flow	-$19.45M	-$68.63M	-$71.45M	$43.38M	-$101.16M	-$102.18M	$246.68M	-$153.32M	-$133.81M	-$152.81M
Dividends paid	$10.72M	$12.07M	$13.43M	$15.13M	$16.70M	$18.72M	$20.71M	$22.87M	$25.58M	$28.29M
Share buybacks	$1.59M	$1.91M	$1.39M	$21.32M	$13.46M	$35.24M	$35.42M	$4.47M	$5.68M	$107.64M
Stock-based compensation	$7.02M	$6.26M	$6.41M	$7.60M	$8.30M	$10.80M	$13.22M	$16.05M	$16.68M	$18.06M
Depreciation & amortization	$46.20M	$44.38M	$44.67M	$45.86M	$51.28M	$48.88M	$51.85M	$54.94M	$47.97M	$45.69M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$228.70M	$239.66M	$234.08M	$239.94M	$240.00M	$250.52M	$255.47M	$267.56M	$263.62M	$270.71M	$284.00M	$290.66M
Cost of revenue	$153.71M	$158.15M	$151.09M	$154.58M	$153.67M	$162.35M	$162.35M	$172.10M	$169.72M	$169.62M	$180.31M	$184.94M
Gross profit	$74.99M	$81.51M	$82.99M	$85.36M	$86.34M	$88.17M	$93.11M	$95.45M	$93.90M	$101.08M	$103.68M	$105.71M
Research & development	$3.94M	$4.10M	$3.85M	$4.33M	$4.51M	$4.66M	$4.30M	$4.50M	$5.05M	$5.88M	$4.53M	$5.34M
Operating income	$38.34M	$41.68M	$45.80M	$47.99M	$47.44M	$51.02M	$51.44M	$54.58M	$52.29M	$55.63M	$59.22M	$62.44M
Pre-tax income	$33.27M	$36.85M	$41.23M	$43.89M	$44.48M	$47.94M	$49.01M	$52.04M	$50.03M	$52.52M	$57.78M	$60.04M
Income tax	$6.62M	$7.86M	$9.16M	$10.06M	$10.90M	$10.89M	$10.73M	$11.76M	$10.81M	$12.24M	$13.17M	$13.32M
Net income	$26.65M	$28.99M	$32.07M	$33.84M	$33.58M	$37.05M	$38.28M	$40.29M	$39.23M	$40.28M	$44.62M	$46.73M
EBITDA	$52.39M	$55.34M	$58.30M	$58.90M	$58.34M	$62.03M	$62.84M	$66.13M	$64.01M	$68.12M	$71.44M	$74.83M
EPS (basic)	$0.83	$0.90	$0.99	$1.05	$1.05	$1.14	$1.18	$1.25	$1.23	$1.26	$1.40	$1.47
EPS (diluted)	$0.82	$0.89	$0.98	$1.03	$1.03	$1.13	$1.17	$1.24	$1.21	$1.25	$1.39	$1.46
Diluted shares	8.00K	32.63M	32.65M	32.78M	32.00K	32.81M	32.68M	32.59M	-98.00K	32.28M	32.20M	32.03M
Gross margin	32.8%	34.0%	35.5%	35.6%	36.0%	35.2%	36.4%	35.7%	35.6%	37.3%	36.5%	36.4%
Operating margin	16.8%	17.4%	19.6%	20.0%	19.8%	20.4%	20.1%	20.4%	19.8%	20.5%	20.9%	21.5%
Net margin	11.7%	12.1%	13.7%	14.1%	14.0%	14.8%	15.0%	15.1%	14.9%	14.9%	15.7%	16.1%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$64.45M	$60.35M	$63.74M	$73.69M	$49.52M	$49.90M	$65.43M	$65.09M	$74.57M	$72.87M	$63.17M	$66.26M
Receivables	$125.28M	$139.88M	$123.40M	$120.54M	$119.66M	$130.45M	$135.98M	$131.54M	$143.60M	$154.23M	$148.97M	$145.63M
Inventory	$109.52M	$110.38M	$117.10M	$118.51M	$130.80M	$144.93M	$148.15M	$132.44M	$131.45M	$146.74M	$161.55M	$177.01M
Total current assets	$314.24M	$324.86M	$320.16M	$325.99M	$313.77M	$340.24M	$364.86M	$343.71M	$365.61M	$388.94M	$388.42M	$404.88M
Goodwill	$778.91M	$771.54M	$770.03M	$781.11M	$780.03M	$793.09M	$816.39M	$816.49M	$816.38M	$811.45M	$808.81M	$807.49M
Total assets	$1.60B	$1.59B	$1.57B	$1.60B	$1.58B	$1.62B	$1.68B	$1.66B	$1.69B	$1.69B	$1.69B	$1.70B
Total current liabilities	$148.49M	$124.42M	$113.32M	$109.44M	$157.69M	$139.56M	$138.14M	$126.37M	$176.38M	$152.54M	$145.75M	$164.12M
Total liabilities	$543.23M	$509.91M	$462.60M	$419.72M	$425.46M	$408.85M	$410.33M	$363.17M	$428.84M	$408.63M	$384.63M	$376.80M
Shareholders' equity	$1.05B	$1.08B	$1.11B	$1.18B	$1.15B	$1.21B	$1.27B	$1.30B	$1.26B	$1.29B	$1.30B	$1.33B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$67.41M	$33.39M	$44.99M	$51.30M	$52.32M	$36.46M	$47.25M	$65.57M	$67.28M	$40.06M	$46.71M	$69.77M
Free cash flow	$67.41M	$33.39M	$44.99M	$51.30M	$52.32M	$36.46M	$47.25M	$65.57M	$67.28M	$40.06M	$46.71M	$69.77M
Investing cash flow	-$11.87M	-$6.74M	-$6.86M	-$9.18M	-$36.96M	-$5.91M	-$6.62M	-$14.94M	-$16.42M	-$6.29M	-$10.93M	-$12.53M
Financing cash flow	-$70.15M	-$30.02M	-$34.19M	-$34.39M	-$35.21M	-$31.97M	-$28.76M	-$50.83M	-$41.25M	-$34.78M	-$44.83M	-$53.59M
Dividends paid	$0	$25.55M	$13.00K	$4.00K	$4.00K	$28.26M	$2.00K	$11.00K	$11.00K	$30.77M	$3.00K	$1.00K
Share buybacks	$444.00K	$5.20M	$11.00K	$163.00K	$306.00K	$5.33M	$33.26M	$15.42M	$53.63M	$15.69M	$28.79M	$27.44M
Stock-based compensation	$3.79M	$4.75M	$3.89M	$4.15M	$3.89M	$3.81M	$5.84M	$4.65M	$3.76M	$5.36M	$5.92M	$5.04M
Depreciation & amortization	$14.06M	$13.67M	$12.51M	$10.90M	$10.90M	$11.01M	$11.40M	$11.55M	$11.72M	$12.49M	$12.22M	$12.39M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.