Quarterly ResultAug 5, 2026, 12:46 PM
Stepan Q2 Net Sales $684.1M, EPS $1.00; Six-Month Net Loss $(18.5)M
AI Summary
Stepan Company reported strong second-quarter 2026 results with net sales increasing by 15.04% to $684.1 million and basic EPS doubling to $1.00. However, for the six months ended June 30, 2026, the company recorded a net loss of $18.5 million, or $(0.81) per share, primarily due to a significant business restructuring charge of $70.5 million. Operating cash flow improved to $25.3 million for the six-month period, while current debt maturities increased and long-term debt decreased.
Key Highlights
- Q2 2026 Net Sales increased 15.04% to $684.1 million.
- Q2 2026 Basic EPS rose 100% to $1.00.
- Six-month 2026 Net Sales increased 8.47% to $1,288.6 million.
- Six-month 2026 Net Loss was $(18.5) million, impacted by $70.5 million restructuring.
- Net cash provided by operating activities for six months was $25.3 million.
- Current maturities of debt increased to $403.3 million.
- Long-term debt decreased to $244.1 million.
- Accrued environmental and legal losses totaled $19.6 million.
Price Impact
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