Stepan Reports Third Quarter 2026 Results
Stepan reported Q3 2026 net sales of $692.2 million, up 17% year-over-year, with adjusted EBITDA of $66.3 million, up 18%, driven by global volume growth, margin recovery and Project Catalyst savings. Adjusted net income nearly doubled to $21.7 million (+98%) and adjusted EPS was $0.94 versus $0.48 a year ago; organic sales volume rose 7%. GAAP YTD results show a $0.7 million net loss, entirely attributable to a $76.1 million pre-tax restructuring charge tied to Project Catalyst, which included roughly 100 salaried position reductions (7% of global salaried headcount).
Key figures
- Eps
- 0.78
- Revenue
- 692154000
- Guidance
- Full year 2026: Adjusted EBITDA growth, positive free cash flow, continued balance-sheet de-leveraging
- Revenue Yoy
- 17%
- Fcf q3
- 8200000
- Ytd revenue
- 1980772000
- Net debt ratio
- 31%
- Adjusted eps q3
- 0.94
- Adjusted ebitda q3
- 66300000
- Adjusted ebitda yoy
- 18%
- Adjusted net income q3
- 21688000
- Reported net income q3
- 17813000
- Adjusted net income yoy
- 98%
- Cash from operations q3
- 29300000
- Organic volume growth q3
- 7%
- Restructuring charge q3 pretax
- 5600000
- Restructuring charge ytd pretax
- 76100000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.