Stepan Reports First Quarter 2026 Results
Stepan Company reported a first quarter GAAP net loss of $41.4 million, driven by a $65.4 million pre-tax restructuring charge related to facility closures. Adjusted EBITDA fell 14% year-over-year to $49.6 million, impacted by lower Surfactant earnings, higher raw material costs, and geopolitical challenges. Net sales increased 2% to $604.5 million, with organic sales volume remaining flat despite strength in Crop Productivity and Oilfield markets offsetting softness in European Polymers.
Key figures
- Revenue
- $604,509,000
- Revenue Yoy
- 2%
- Adjusted eps
- 0.45
- Adjusted ebitda
- $49.6 million
- Adjusted net income
- $10.3 million
- Restructuring charge
- $65.4 million
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