Form 8-K
8-K — BALCHEM CORP
Accession: 0000009326-26-000026
Filed: 2026-07-31
Period: 2026-07-31
CIK: 0000009326
SIC: 2800 (CHEMICALS & ALLIED PRODUCTS)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — bcpc-20260731.htm (Primary)
EX-99.1 (exhibit991-q22026.htm)
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8-K
8-K (Primary)
Filename: bcpc-20260731.htm · Sequence: 1
bcpc-20260731
false000000932600000093262026-07-312026-07-31
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (date of earliest event reported): July 31, 2026
Balchem Corporation
(Exact name of registrant as specified in its charter)
Maryland 1-13648 13-2578432
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
5 Paragon Drive, Montvale, NJ 07645
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (845) 326-5600
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading symbol Name of each exchange on which registered
Common Stock, par value $.06-2/3 per share BCPC The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition
On July 31, 2026, Balchem Corporation reported earnings for the quarter ended June 30, 2026, and certain other information. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1.
The information in this Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. Description
99.1
Press Release of Balchem Corporation, dated July 31, 2026, reporting its financial results for the second quarter of 2026 and certain other information
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BALCHEM CORPORATION
By:/s/ Hatsuki Miyata
Hatsuki Miyata
Executive Vice President, Chief Legal Officer and Secretary
Date: July 31, 2026
EX-99.1
EX-99.1
Filename: exhibit991-q22026.htm · Sequence: 2
Document
Exhibit 99.1
Human Nutrition & Health | Animal Nutrition & Health | Specialty Products
Balchem Corporation Reports Second Quarter 2026 Financial Results
Montvale, NJ, July 31, 2026 - Balchem Corporation (NASDAQ: BCPC) today reported financial results for its 2026 fiscal second quarter ended June 30, 2026. For the quarter, the Company reported net sales of $284.0 million, net earnings of $44.6 million, adjusted EBITDA(a) of $77.9 million, and free cash flow(a) of $36.2 million.
Ted Harris, Chairman, President and CEO of Balchem, said, “The second quarter was another very strong quarter for Balchem with healthy growth in all three of our reporting segments. On a consolidated basis, we delivered record quarterly net sales, net earnings, and adjusted EBITDA, as well as solid cash flows.”
Second Quarter 2026 Financial Highlights:
•Net sales were $284.0 million, an increase of 11.2% from the prior year quarter.
•GAAP net earnings were $44.6 million, an increase of 16.6% from the prior year quarter.
•Adjusted EBITDA was $77.9 million, an increase of 12.6% from the prior year quarter.
•GAAP earnings per share were $1.39 compared to $1.17 in the prior year quarter and adjusted earnings per share(a) were $1.49 compared to $1.27 in the prior year quarter.
•Cash flows from operations were $46.7 million, with free cash flow(a) of $36.2 million.
•Excellent sales and earnings from operations growth in all three of our reporting segments.
Recent Highlights:
•On July 24, 2026, we entered into an amendment to our existing credit agreement, that was due July 27, 2027, with lenders in the form of a senior secured revolving credit facility, now due July 24, 2031. This amendment increased the allowed borrowing from $550 million to $650 million, and expanded the company's ability to fund growth, innovation, and acquisitions.
•Balchem repurchased $29 million of common stock during the second quarter and $114 million over the trailing twelve months, reflecting the Company's balanced capital allocation strategy and commitment to long-term shareholder value creation.
Mr. Harris said, “I am extremely pleased with our second quarter financial performance and the strong execution around our strategic priorities across our businesses.”
Mr. Harris added, “These excellent first half of 2026 results continue the strong growth momentum we have built over the years and we remain excited about the future outlook of our company.”
5 Paragon Drive
Montvale, NJ 07645
balchem.com
p.845.326.5600
f. 845.326.5702
Balchem Corporation (NASDAQ:BCPC)
Results for Period Ended June 30, 2026 (unaudited)
(Dollars in thousands, except per share data)
Three Months Ended
June 30, Six Months Ended
June 30,
2026 2025 2026 2025
Net sales $ 283,997 $ 255,467 $ 554,706 $ 505,986
Gross margin 103,683 93,113 204,767 181,281
Operating expenses 44,462 41,671 89,920 78,824
Earnings from operations 59,221 51,442 114,847 102,457
Interest and other expenses 1,440 2,431 4,544 5,506
Earnings before income tax expense 57,781 49,011 110,303 96,951
Income tax expense 13,166 10,733 25,403 21,620
Net earnings $ 44,615 $ 38,278 $ 84,900 $ 75,331
Diluted net earnings per common share $ 1.39 $ 1.17 $ 2.63 $ 2.30
Adjusted EBITDA(a)
$ 77,943 $ 69,224 $ 152,225 $ 135,514
Adjusted net earnings(a)
$ 48,096 $ 41,561 $ 91,087 $ 81,578
Adjusted net earnings per common share(a)
$ 1.49 $ 1.27 $ 2.83 $ 2.49
Shares used in the calculations of diluted and adjusted net
earnings per common share 32,200 32,682 32,242 32,744
(a)
See “Non-GAAP Financial Information” for a reconciliation of GAAP and non-GAAP financial measures.
Page | 2
Balchem Corporation (NASDAQ:BCPC)
Financial Results for the Second Quarter of 2026:
The Human Nutrition and Health segment generated record quarterly sales of $176.9 million, an increase of $16.1 million, or 10.0%, compared to the prior year quarter. The increase was driven by higher sales within both the nutrients business and the food ingredients and solutions businesses. Record earnings from operations for this segment of $42.4 million increased $4.0 million, or 10.5%, compared to $38.3 million in the prior year quarter, primarily due to the aforementioned higher sales and favorable mix, partially offset by certain higher manufacturing input costs and higher operating expenses. Excluding the effect of non-cash expense associated with amortization of acquired intangible assets and other adjustments, record adjusted earnings from operations(a) for this segment were $45.9 million, compared to $41.4 million in the prior year quarter, an increase of 10.9%.
The Animal Nutrition and Health segment generated quarterly sales of $64.5 million, an increase of $8.4 million, or 15.0%, compared to the prior year quarter. The increase was driven by higher sales in both the monogastric and ruminant species markets. Second quarter earnings from operations for this segment of $5.2 million increased $1.7 million, or 48.7%, compared to $3.5 million in the prior year quarter, primarily due to the aforementioned higher sales, partially offset by certain higher manufacturing input costs and higher operating expenses. Excluding the effect of non-cash expense associated with amortization of acquired intangible assets and other adjustments, adjusted earnings from operations for this segment were $5.6 million compared to $3.8 million in the prior year quarter, an increase of 47.7%.
The Specialty Products segment generated record quarterly sales of $40.5 million, an increase of $3.3 million, or 8.9%, compared to the prior year quarter, due to higher sales in both the performance gases and plant nutrition businesses. Record earnings from operations for this segment of $12.9 million increased $1.6 million, or 14.4%, compared to $11.3 million in the prior year quarter, primarily driven by the aforementioned higher sales and favorable mix, partially offset by certain higher manufacturing input costs and higher operating expenses. Excluding the effect of non-cash expense associated with amortization of acquired intangible assets and other adjustments, record adjusted earnings from operations for this segment were $13.9 million, compared to $12.4 million in the prior year quarter, an increase of 12.1%.
Record consolidated quarterly gross margin of $103.7 million increased by $10.6 million, or 11.4%, compared to $93.1 million for the prior year comparable period. Gross margin as a percentage of sales was 36.5% compared to 36.4% in the prior year period, an increase of 10 basis points, primarily due to sales growth and manufacturing efficiencies, partially offset by certain higher manufacturing input costs. Operating expenses of $44.5 million for the quarter increased $2.8 million from the prior year comparable quarter, primarily due to higher compensation-related costs.
Net interest expense was $1.9 million and $2.8 million in the second quarters of 2026 and 2025, respectively. The decrease in interest expense was primarily due to lower outstanding borrowings and lower interest rates. Our effective tax rates for the three months ended June 30, 2026 and 2025 were 22.8% and 21.9%, respectively. The increase in the effective tax rate was primarily due to lower tax benefits from stock-based compensation.
Second quarter cash flows provided by operating activities were $46.7 million and free cash flow was $36.2 million. Net working capital of $242.7 million as of June 30, 2026 included a cash balance of $63.2 million. Significant cash payments during the quarter included repurchases of common stock of $28.8 million, income taxes paid of $27.8 million, net debt payments of $17.0 million, and capital expenditures and intangible assets acquired of $10.9 million. Outstanding debt on our revolving loan was $152.0 million as of June 30, 2026 and our net debt (b) was $88.8 million, with an overall leverage ratio (c) on a net debt basis of 0.3 times.
Ted Harris said, “The Balchem team delivered another strong quarter in Q2 of 2026, and we remain confident in the long-term growth outlook for our company as we continue to execute our strategic growth initiatives.”
(b)
Net debt is defined as the outstanding balance on our revolving loan less cash and cash equivalents.
(c)
Leverage ratio is defined as net debt divided by trailing twelve months adjusted EBITDA.
Page | 3
Balchem Corporation (NASDAQ:BCPC)
Quarterly Conference Call
A quarterly conference call will be held on Friday, July 31, 2026, at 11:00 AM Eastern Time (ET) to review second quarter 2026 results. Ted Harris, Chairman, President and CEO and Martin Bengtsson, CFO will host the call. Institutional investors, analysts and other members of the financial community are invited to join the live call by dialing +1-833-461-5787 (USA/Canada toll free) or +1-585-542-9983 (International Toll), and referencing Meeting ID: 980453675, five minutes prior to the scheduled start time of the conference call. Investors and the public are invited to listen to the live webcast at https://events.q4inc.com/attendee/980453675. The conference call will be available for replay shortly after the conclusion of the call at https://events.q4inc.com/attendee/980453675 for one year.
Segment Information
Balchem Corporation reports three business segments: Human Nutrition and Health, Animal Nutrition and Health, and Specialty Products. The Human Nutrition and Health segment delivers customized food and beverage ingredient systems, as well as key nutrients into a variety of applications across the food, supplement and pharmaceutical industries. The Animal Nutrition and Health segment manufactures and supplies products to numerous animal health markets. Through Specialty Products, Balchem provides specialty-packaged performance gases for use in healthcare and other industries, and also provides chelated minerals to the micronutrient agricultural market. Sales and production of products outside of our reportable segments and other minor business activities are included in "Other and Unallocated".
Forward-Looking Statements
This release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect our expectation or belief concerning future events that involve risks and uncertainties. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "forecast," "outlook," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," or the negative thereof or variations thereon or similar expressions generally intended to identify forward-looking statements. Forward-looking statements may relate to such matters as projections of revenue, margins, expenses, tax provisions, earnings, cash flows, benefit obligations, dividends, share repurchases or other financial items; any statements of the plans, strategies and objectives of management for future operations, including those relating to any statements concerning expected development, performance or market share relating to our products and services; any statements regarding future economic conditions or our performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. These statements are based on the Company's currently available information and our current assumptions, expectations and projections about future events. They are subject to future events, risks and uncertainties - many of which are beyond the Company’s control - as well as potentially inaccurate assumptions, that could cause actual results to differ materially from those in the forward-looking statements. Important factors and other risks that may affect the Company's business or that could cause actual results to differ materially are included in filings the Company makes with the U.S. Securities and Exchange Commission from time to time, including its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, its Current Reports on Form 8-K, and in its other SEC filings. Reference should be made to such factors and all forward-looking statements are qualified in their entirety by the above cautionary statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact: Jacqueline Yarmolowicz, Balchem Corporation (Telephone: 845-326-5600)
Page | 4
Balchem Corporation (NASDAQ:BCPC)
Selected Financial Data (unaudited)
($ in 000’s)
Business Segment Net Sales: Three Months Ended
June 30, Six Months Ended
June 30,
2026 2025 2026 2025
Human Nutrition and Health $ 176,894 $ 160,773 $ 348,522 $ 319,230
Animal Nutrition and Health 64,454 56,028 126,643 113,305
Specialty Products 40,511 37,185 75,238 70,460
Other (d)
2,138 1,481 4,303 2,991
Total $ 283,997 $ 255,467 $ 554,706 $ 505,986
(d) Other consists of a few minor businesses which individually do not meet the quantitative thresholds for separate presentation.
Business Segment Earnings Before Income Taxes: Three Months Ended
June 30, Six Months Ended
June 30,
2026 2025 2026 2025
Human Nutrition and Health $ 42,381 $ 38,342 $ 82,401 $ 76,316
Animal Nutrition and Health 5,227 3,514 10,919 8,750
Specialty Products 12,893 11,269 24,828 20,854
Other and Unallocated (e)
(1,280) (1,683) (3,301) (3,463)
Interest and other expenses (1,440) (2,431) (4,544) (5,506)
Total $ 57,781 $ 49,011 $ 110,303 $ 96,951
(e) Other and Unallocated consists of a few minor businesses which individually do not meet the quantitative thresholds for separate presentation and corporate expenses that have not been allocated to a segment. Unallocated corporate expenses consist of transaction and integration costs of $22 and $917 for the three and six months ended June 30, 2026, respectively, and $405 and $894 for the three and six months ended June 30, 2025, respectively.
Page | 5
Balchem Corporation (NASDAQ:BCPC)
Selected Balance Sheet Items
(Dollars in thousands) June 30, 2026 December 31, 2025
(unaudited)
Cash and cash equivalents $ 63,174 $ 74,570
Accounts receivable, net 148,973 143,596
Inventories 161,551 131,449
Other current assets 14,726 15,999
Total current assets
388,424 365,614
Property, plant and equipment, net 304,702 306,648
Goodwill 808,809 816,375
Intangible assets with finite lives, net 151,643 163,289
Right of use assets 14,120 16,192
Other assets 19,306 18,134
Total non-current assets 1,298,580 1,320,638
Total assets $ 1,687,004 $ 1,686,252
Current liabilities $ 145,755 $ 176,384
Revolving loan 152,000 164,000
Deferred income taxes 52,943 54,143
Other long-term obligations 33,928 34,312
Total liabilities 384,626 428,839
Stockholders' equity 1,302,378 1,257,413
Total liabilities and stockholders' equity $ 1,687,004 $ 1,686,252
Page | 6
Balchem Corporation (NASDAQ:BCPC)
Balchem Corporation
Condensed Consolidated Statements of Cash Flows
(Dollars in thousands)
(unaudited)
Six Months Ended June 30,
2026 2025
Cash flows from operating activities:
Net earnings $ 84,900 $ 75,331
Adjustments to reconcile net earnings to net cash provided by operating
activities:
Depreciation and amortization 24,711 22,417
Stock compensation expense 11,277 9,648
Other adjustments 1,100 (1,192)
Changes in assets and liabilities (35,216) (22,495)
Net cash provided by operating activities 86,772 83,709
Cash flows from investing activities:
Capital expenditures and intangible assets acquired (17,138) (12,372)
Cash paid for acquisitions, net of cash acquired — (323)
Proceeds from the sale of assets 7 267
Investment in affiliates (95) (105)
Net cash used in investing activities (17,226) (12,533)
Cash flows from financing activities:
Proceeds from revolving loan 80,000 63,000
Principal payments on revolving loan (92,000) (63,000)
Principal payments on finance leases (102) (97)
Proceeds from stock options exercised 7,742 6,222
Dividends paid (30,772) (28,265)
Repurchases of common stock (44,484) (38,589)
Net cash used in financing activities (79,616) (60,729)
Effect of exchange rate changes on cash (1,326) 5,465
(Decrease) increase in cash and cash equivalents (11,396) 15,912
Cash and cash equivalents, beginning of period 74,570 49,515
Cash and cash equivalents, end of period $ 63,174 $ 65,427
Page | 7
Balchem Corporation (NASDAQ:BCPC)
Non-GAAP Financial Information
In addition to disclosing financial results in accordance with United States (U.S.) generally accepted accounting principles (GAAP), this earnings release contains non-GAAP financial measures that we believe are helpful in understanding and comparing our past financial performance and our future results. The non-GAAP financial measures in this press release include adjusted gross margin, adjusted earnings from operations, adjusted net earnings and the related adjusted diluted per share amounts, EBITDA, adjusted EBITDA, adjusted income tax expense, free cash flow, net debt, and leverage ratio. The non-GAAP financial measures disclosed by the Company exclude certain business combination accounting adjustments and certain other items related to acquisitions, certain equity compensation, nonqualified deferred compensation plan expense (income), and certain one-time or unusual transactions. Detailed non-GAAP adjustments are described in the reconciliation tables below and also explained in the related footnotes. These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations from these results should be carefully evaluated. Investors should not consider non-GAAP measures as alternatives to the related GAAP measures.
Set forth below are reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures.
Table 1
(unaudited)
Reconciliation of Non-GAAP Measures to GAAP
(Dollars in thousands, except per share data)
Three Months Ended
June 30, Six Months Ended
June 30,
2026 2025 2026 2025
Reconciliation of adjusted gross margin
GAAP gross margin $ 103,683 $ 93,113 $ 204,767 $ 181,281
Amortization of intangible assets and finance leases (1)
718 724 1,447 1,417
Adjusted gross margin $ 104,401 $ 93,837 $ 206,214 $ 182,698
Reconciliation of adjusted earnings from operations
GAAP earnings from operations $ 59,221 $ 51,442 $ 114,847 $ 102,457
Amortization of intangible assets and finance leases (1)
4,353 4,313 8,804 8,425
Transaction and integration costs (2)
22 405 917 894
Nonqualified deferred compensation plan expense (3)
631 401 617 435
Restructuring costs (4)
— (192) — (192)
Adjusted earnings from operations $ 64,227 $ 56,369 $ 125,185 $ 112,019
Reconciliation of adjusted net earnings
GAAP net earnings $ 44,615 $ 38,278 $ 84,900 $ 75,331
Amortization of intangible assets and finance leases (1)
4,425 4,384 8,948 8,568
Transaction and integration costs (2)
22 405 917 894
Restructuring costs (4)
— (192) — (192)
Income tax adjustment (5)
(966) (1,314) (3,678) (3,023)
Adjusted net earnings $ 48,096 $ 41,561 $ 91,087 $ 81,578
Adjusted net earnings per common share - diluted $ 1.49 $ 1.27 $ 2.83 $ 2.49
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Balchem Corporation (NASDAQ:BCPC)
Table 2
(unaudited)
Reconciliation of GAAP Net Earnings to EBITDA and to Adjusted EBITDA
(Dollars in thousands)
Three Months Ended
June 30, Six Months Ended
June 30,
2026 2025 2026 2025
Net earnings - as reported $ 44,615 $ 38,278 $ 84,900 $ 75,331
Add back:
Provision for income taxes 13,166 10,733 25,403 21,620
Interest and other expenses 1,440 2,431 4,544 5,506
Depreciation and amortization 12,148 11,330 24,567 22,272
EBITDA 71,369 62,772 139,414 124,729
Add back:
Non-cash compensation expense related to equity awards 5,921 5,838 11,277 9,648
Transaction and integration costs (2)
22 405 917 894
Nonqualified deferred compensation plan expense (3)
631 401 617 435
Restructuring costs (4)
— (192) — (192)
Adjusted EBITDA $ 77,943 $ 69,224 $ 152,225 $ 135,514
Table 3
(unaudited)
Reconciliation of GAAP Effective Income Tax Rate to Non-GAAP Effective Income Tax Rate
(Dollars in thousands)
Three Months Ended June 30,
2026 Effective Tax Rate 2025 Effective Tax Rate
GAAP Income Tax Expense $ 13,166 22.8 % $ 10,733 21.9 %
Impact of ASU 2016-09 (6)
(24) 283
Adjusted Income Tax Expense $ 13,142 22.7 % $ 11,016 22.5 %
Six Months Ended June 30,
2026 Effective Tax Rate 2025 Effective Tax Rate
GAAP Income Tax Expense $ 25,403 23.0 % $ 21,620 22.3 %
Impact of ASU 2016-09 (6)
1,290 873
Adjusted Income Tax Expense $ 26,693 24.2 % $ 22,493 23.2 %
Page | 9
Balchem Corporation (NASDAQ:BCPC)
Table 4
(unaudited)
Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow
(Dollars in thousands)
Three Months Ended
June 30, Six Months Ended
June 30,
2026 2025 2026 2025
Net cash provided by operating activities $ 46,711 $ 47,252 $ 86,772 $ 83,709
Capital expenditures and proceeds from the sale of assets (10,480) (6,554) (16,696) (11,975)
Free cash flow $ 36,231 $ 40,698 $ 70,076 $ 71,734
(1) Amortization of intangible assets and finance leases: Amortization of intangible assets and finance leases consists of amortization of customer relationships, trademarks and trade names, developed technology, regulatory registration costs, patents and trade secrets, capitalized loan issuance costs, other intangibles acquired primarily in connection with business combinations, and finance leases. We record expense relating to the amortization of these intangibles and finance leases in our GAAP financial statements. Amortization expenses for our intangible assets and finance leases are inconsistent in amount and are significantly impacted by the timing and valuation of acquisitions. Consequently, our non-GAAP adjustments exclude these expenses to facilitate an evaluation of our current operating performance and comparisons to our past operating performance.
(2) Transaction and integration costs: Transaction and integration costs related to acquisitions and divestitures are expensed in our GAAP financial statements. Management excludes these items for the purposes of calculating adjusted EBITDA and other non-GAAP financial measures. We believe that excluding these items from our non-GAAP financial measures is useful to investors because these are items associated with transactions that are inconsistent in amount and frequency causing comparison of current and historical financial results to be difficult.
(3) Nonqualified deferred compensation plan (income) expense: Gains and losses on rabbi trust assets related to our nonqualified deferred compensation plan are recorded in other (income) expense while the offsetting increases or decreases to the deferred compensation liability are recorded within earnings from operations. The increases and decreases in the deferred compensation liability are driven by market volatility and are not a true reflection of company performance. We believe excluding these amounts from our non-GAAP financial measures is useful to investors because these items are inconsistent in amount based on market conditions causing comparison of current and historical financial results to be difficult.
(4) Restructuring costs: Restructuring costs related to a reorganization of the business are recorded in our GAAP financial statements. Management excludes these items for the purposes of calculating adjusted EBITDA and other non-GAAP financial measures. We believe that excluding these items from our non-GAAP financial measures is useful to investors because these are items associated with transactions that are inconsistent in amount and frequency causing comparison of current and historical financial results to be difficult.
(5) Income tax adjustment: For purposes of calculating adjusted net earnings and adjusted diluted earnings per share, we adjust the provision for (benefit from) income taxes to tax effect the taxable and deductible non-GAAP adjustments described above as they have a significant impact on our income tax (benefit) provision. Additionally, the income tax adjustment is adjusted for the impact of adopting ASU 2016-09, “Improvements to Employee Share-Based Payment Accounting” and uses our non-GAAP effective rate applied to both our GAAP earnings before income tax expense and non-GAAP adjustments described above. See Table 3 for the calculation of our non-GAAP effective tax rate.
(6) Impact of ASU 2016-09: The primary impact of ASU No. 2016-09, "Improvements to Employee Share-Based Payment Accounting" ("ASU 2016-09"), was the recognition during the three and six months ended June 30, 2026 and 2025, of excess tax benefits as a reduction to the provision for income taxes and the classification of these excess tax benefits in operating activities in the consolidated statement of cash flows instead of financing activities. Management excludes this item for the purpose of calculating adjusted Income Tax Expense. We believe that excluding the item in our non-GAAP financial measures is useful to investors because it is inconsistent in amount and frequency causing comparison of current and historical financial results to be difficult.
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v3.26.1
Cover
Jul. 31, 2026
Cover [Abstract]
Document Type
8-K
Document Period End Date
Jul. 31, 2026
Entity Registrant Name
Balchem Corp
Entity Incorporation, State or Country Code
MD
Entity File Number
1-13648
Entity Tax Identification Number
13-2578432
Entity Address, Address Line One
5 Paragon Drive
Entity Address, City or Town
Montvale
Entity Address, State or Province
NJ
Entity Address, Postal Zip Code
07645
City Area Code
845
Local Phone Number
326-5600
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Trading Symbol
BCPC
Security Exchange Name
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Entity Emerging Growth Company
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na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration