Stepan Reports Second Quarter 2026 Results
Stepan reported strong Q2 2026 results with net income rising 102% year-over-year to $22.9 million and net sales increasing 15% to $684.1 million. Adjusted EBITDA grew 45% to $74.4 million, driven by volume growth, margin recovery, and Project Catalyst savings. The company announced a plan to reduce its global salaried workforce by approximately 100 positions as part of its Project Catalyst efficiency initiative. Stepan anticipates full-year restructuring charges between $75.0 million and $80.0 million but maintains its outlook for positive full-year free cash flow and Adjusted EBITDA growth.
Key figures
- Eps
- 1
- Revenue
- 684109000
- Guidance
- full year Adjusted EBITDA growth, positive free cash flow and continue to de-leverage the balance sheet
- Revenue Yoy
- 15%
- Ebitda
- 69100000
- Job cuts
- 100
- Adjusted eps
- 1.18
- Adjusted ebitda
- 74400000
- Adjusted net income
- 27100000
- Adjusted free cash flow
- 32700000
- Restructuring charge q2 pretax
- 5100000
- Restructuring charge fy guidance
- $75.0 to $80.0 million
AI analysis
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