BCPC Q2 2023 Earnings — Balchem Corporation Revenue & Financial Results | Market Cap Arena

BCPCBalchem Corporation

$6B

Q2 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$231M-2.3% YoY

Gross Profit

$77M33.4% margin

Operating Income

$43M18.5% margin

Net Income

$30M13.0% margin

EPS (Diluted)

$0.93

QoQ Revenue Growth

-0.6%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$27M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$612M

Stockholders' Equity

$1.0B

Cash & Equivalents

$67M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$231M	$237M	-2.3%
Gross Profit	$77M	$72M	+7.6%
Operating Income	$43M	$40M	+7.3%
Net Income	$30M	$30M	+1.1%

Revenue Segments

Product Sales

$220M95%

Co-manufacturing

$7M3%

Consignment

$3M1%

Royalty

$779,0000%

Geographic Segments

UNITED STATES

$171M74%

Non-US

$60M26%