STEPAN CO (SCL) Form 10-Q — Nov 4, 2026
Stepan Company's Q3 2026 net sales rose 17% year-over-year to $692.2 million, with net income of $17.8 million ($0.78 diluted EPS) up from $10.8 million ($0.47) a year ago. Adjusted diluted EPS of $0.94 nearly doubled, and adjusted EBITDA rose 18% to $66.3 million on pricing actions, Project Catalyst savings, and 7% organic volume growth. The first nine months still show a $0.7 million net loss versus $41.9 million of net income in 2025, driven by $76.1 million of pre-tax restructuring charges under Project Catalyst, including site shutdowns in Fieldsboro, NJ and asset decommissioning at Millsdale, IL and Stalybridge, UK.
Key figures
- Eps
- 0.78
- Revenue
- 692154000
- Guidance
- Expects total 2026 restructuring expenses of $77.0M-$80.0M; workforce reduction charges of $4.0M-$6.0M, mostly before year-end 2026
- Net Income
- 17813000
- Revenue Yoy
- 17% (Q3 2026 vs Q3 2025)
- Total Assets
- 2390397000
- Cash Position
- 98092000
- Shares Outstanding
- 22734661
- Adjusted ebitda q3
- $66.3M, up 18%
- Effective tax rate q3
- 10.2% vs 34.4%
- Q3 restructuring charge
- 5582000
- Environmental loss range
- $21.847M to $48.702M
- Q3 diluted eps prior year
- 0.47
- Q3 2026 adjusted diluted eps
- 0.94
- Maywood additional accrual q3
- 2721000
- Nine month restructuring charges pretax
- 76127000
- Debt facility net borrowings nine months
- 179474000
AI analysis
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