BCPC Q1 2023 Earnings — Balchem Corporation Revenue & Financial Results | Market Cap Arena

BCPCBalchem Corporation

$6B

Q1 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$233M+1.6% YoY

Gross Profit

$73M31.5% margin

Operating Income

$34M14.8% margin

Net Income

$23M9.8% margin

EPS (Diluted)

$0.70

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$25M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$655M

Stockholders' Equity

$973M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$233M	$229M	+1.6%
Gross Profit	$73M	$72M	+2.3%
Operating Income	$34M	$38M	-10.2%
Net Income	$23M	$29M	-21.5%

Revenue Segments

Product Sales

$223M96%

Co-manufacturing

$7M3%

Consignment

$2M1%

Royalty

$780,0000%

Geographic Segments

UNITED STATES

$167M72%

Non-US

$66M28%