
Balchem Corporation Income Statement 2025-2008 | BCPC
Brief overview of income trends at Balchem Corporation
This overview is based on financial performance over the past five years. Revenue reported by Balchem Corporation was $704 million at the beginning of the period and $264 million at the end. Across the full period, sales moved by −62.5%; the average annual rate was −17.8%. The business finished the period with a smaller revenue base.
Gross profit was $224 million at the start and $93.9 million at the end of the period (−58.1%). Cost of revenue developed less favorably than sales and pressured gross profitability. Comparing the endpoints gives gross margins of 31.8% and 35.6%. Improving gross profitability strengthens the quality of revenue growth.
The operating result measured by EBITDA moved from $162 million to $255 million, or +57%. EBITDA expanded faster than the top line. EBITDA margin moved from 23.1% to 96.7%. A wider margin confirms stronger operating efficiency.
The five-year change in net income was −53.6%: from 84.6 million dollars to 39.2 million dollars. Lower net income weakens the overall financial picture.
The five-year change in capitalization reached +44.5%: from $3.8 billion to $5.5 billion. The valuation may already include demanding future expectations.
Overall conclusion
The results present an uneven picture without one dominant signal. The strongest signals are improving gross profitability and positive operating leverage. The most visible risks are limited revenue growth and a weaker final result. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Balchem Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
5.52 B | 5.32 B | 4.79 B | 4.24 B | 4.46 B | 3.82 B | 3.53 B | 2.65 B | 2.57 B | 2.7 B | 1.75 B | 1.63 B | 1.62 B | 1.1 B | 1.08 B | 676 M | 458 M | - |
Shares |
32.3 M | 32.3 M | 32.1 M | 32 M | 32.2 M | 32.2 M | 32.2 M | 32.3 M | 32 M | 31.8 M | 31.2 M | 30.8 M | 29.6 M | 29.5 M | 28.6 M | 28 M | 27.4 M | - |
Historical Prices |
171 | 164 | 149 | 132 | 138 | 119 | 93.5 | 87.3 | 73.6 | 84.9 | 61.3 | 56.8 | 48.5 | 38.5 | 25.9 | 24.2 | 16.7 | 16.3 |
Net Income |
155 M | 128 M | 109 M | 105 M | 96.1 M | 84.6 M | 79.7 M | 78.6 M | 90.1 M | 56 M | 59.7 M | 52.8 M | 44.9 M | 40 M | 38.8 M | 33.3 M | 26.8 M | - |
Revenue |
264 M | 240 M | 922 M | 942 M | 799 M | 704 M | 644 M | 644 M | 595 M | 553 M | 552 M | 541 M | 337 M | 310 M | 292 M | 255 M | 219 M | - |
Cost of Revenue |
667 M | 617 M | 620 M | 662 M | 556 M | 480 M | 432 M | 439 M | 406 M | 372 M | 384 M | 397 M | 240 M | 221 M | 206 M | 177 M | 152 M | - |
Gross Profit |
93.9 M | 86.3 M | 302 M | 280 M | 243 M | 224 M | 211 M | 204 M | 189 M | 181 M | 168 M | 144 M | 97.4 M | 89.5 M | 86 M | 78 M | 67 M | - |
Operating Income |
209 M | 183 M | 159 M | 145 M | 128 M | 111 M | 103 M | 107 M | 96.9 M | 90.8 M | 94 M | 82.1 M | 65.6 M | 59.8 M | 56.2 M | 49.8 M | 40.7 M | - |
Interest Expense |
-77 K | 72 K | 681 K | -1.17 M | 187 K | -291 K | -116 K | -459 K | 7.54 M | 7.26 M | 6.59 M | 5.14 M | 24 K | 10 K | 84 K | 90 K | 209 K | - |
EBITDA |
255 M | 231 M | 214 M | 197 M | 176 M | 162 M | 148 M | 152 M | 142 M | 137 M | 134 M | 113 M | 76.1 M | 69.4 M | 65.5 M | 58.3 M | 48.8 M | - |
Operating Expenses |
161 M | 153 M | 143 M | 135 M | 116 M | 113 M | 109 M | 96.5 M | 91.8 M | 90 M | 74.1 M | 62 M | 31.8 M | 29.8 M | 29.8 M | 28.3 M | 26.3 M | - |
General and Administrative Expenses |
67.4 M | 67.6 M | 53.4 M | 55.7 M | 41.7 M | 43.8 M | 36.5 M | 27.7 M | 27.7 M | 27.5 M | 21.9 M | 21.5 M | 12.3 M | 10.4 M | 10.6 M | 9.47 M | 8.65 M | - |
All numbers in USD currency
Quarterly Income Statement Balchem Corporation
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
31.9 M | 31.9 M | 32.1 M | 32.3 M | 32.4 M | 32.4 M | 32.5 M | 32.4 M | 32.3 M | 32.3 M | 32.3 M | 32.1 M | 32.1 M | 32.1 M | 32.2 M | 32 M | 32 M | 32 M | 32.3 M | 32.2 M | 32.2 M | 32.3 M | 32.4 M | 32.2 M | 32.2 M | 32.1 M | 32.2 M | 32.1 M | 32.2 M | 32.2 M | 32.3 M | 32.1 M | 32.1 M | 32 M | 32 M | 31.9 M | 31.8 M | 31.7 M | 31.8 M | 31.6 M | 31.5 M | 31.4 M | 31.5 M | 31.3 M | 31.1 M | 30.8 M | 30.8 M | 30.5 M | 30.3 M | 30.1 M | 30.2 M | 29.7 M | 29.5 M | 29.3 M | 29.5 M | 29 M | 29 M | 28.9 M | 29.2 M | 28.6 M | 28.5 M | 28.4 M |
Net Income |
44.6 M | 40.3 M | - | 40.3 M | 38.3 M | 37.1 M | - | 33.8 M | 32.1 M | 29 M | - | 29.1 M | 30.1 M | 22.7 M | - | 25.2 M | 29.8 M | 28.9 M | 24.9 M | 25 M | 22.7 M | 23.4 M | 22.2 M | 21.6 M | 21.1 M | 19.8 M | 20.4 M | 20.7 M | 19.8 M | 18.8 M | 20.3 M | 19.2 M | 19.7 M | 19.3 M | 42 M | 16 M | 16.5 M | 15.5 M | 15.9 M | 14 M | 14.2 M | 11.9 M | 15.7 M | 14 M | 14.9 M | 15.2 M | 19 M | 15.2 M | 9.73 M | 8.89 M | 10.7 M | 11.7 M | 11.6 M | 10.9 M | 9.89 M | 10.9 M | 9.97 M | 9.27 M | 9.5 M | 10.8 M | 9.57 M | 8.91 M |
Revenue |
284 M | 271 M | - | 268 M | 255 M | 251 M | - | 240 M | 234 M | 240 M | - | 230 M | 231 M | 233 M | - | 244 M | 237 M | 229 M | 213 M | 198 M | 202 M | 186 M | 181 M | 175 M | 173 M | 174 M | 167 M | 159 M | 162 M | 157 M | 164 M | 155 M | 164 M | 161 M | 159 M | 151 M | 147 M | 138 M | 141 M | 139 M | 139 M | 135 M | 133 M | 140 M | 135 M | 145 M | 163 M | 160 M | 132 M | 86 M | 81.6 M | 87.6 M | 83.3 M | 84.7 M | 80.1 M | 75.1 M | 79 M | 76.2 M | 69.7 M | 74.4 M | 74.7 M | 73 M |
Cost of Revenue |
180 M | 170 M | - | 172 M | 162 M | 162 M | - | 155 M | 151 M | 158 M | - | 153 M | 154 M | 159 M | - | 176 M | 165 M | 157 M | - | 137 M | 143 M | 127 M | - | 119 M | 118 M | 119 M | - | 105 M | 108 M | 108 M | - | 107 M | 110 M | 110 M | - | 105 M | 100 M | 93.3 M | - | 93.9 M | 92.3 M | 92.3 M | - | 97 M | 92.9 M | 102 M | - | 116 M | 99.9 M | 62.8 M | - | 63.1 M | 58.4 M | 60.4 M | - | 51.7 M | 56.4 M | 55 M | - | 51.8 M | 52.9 M | 52.2 M |
Gross Profit |
104 M | 101 M | - | 95.5 M | 93.1 M | 88.2 M | - | 85.4 M | 83 M | 81.5 M | - | 76.5 M | 77.3 M | 73.2 M | - | 68.4 M | 71.9 M | 71.5 M | 64.1 M | 60.9 M | 59.4 M | 58.7 M | 56.8 M | 56.4 M | 55.4 M | 55.3 M | 54.3 M | 54 M | 53.9 M | 49.1 M | 51.3 M | 48 M | 53.5 M | 51.5 M | 51.6 M | 46.2 M | 46.8 M | 44.4 M | 46.9 M | 44.7 M | 46.4 M | 42.8 M | 39.9 M | 43.2 M | 41.9 M | 43.1 M | 44.1 M | 44.5 M | 32.3 M | 23.2 M | 23.8 M | 24.5 M | 24.9 M | 24.2 M | 22.4 M | 23.4 M | 22.6 M | 21.2 M | 20.8 M | 22.6 M | 21.8 M | 20.8 M |
Operating Income |
59.2 M | 55.6 M | - | 54.6 M | 51.4 M | 51 M | - | 48 M | 45.8 M | 41.7 M | - | 43.6 M | 42.8 M | 34.4 M | - | 33.6 M | 39.9 M | 38.3 M | - | 32.5 M | 30.6 M | 30.6 M | - | 29 M | 26.9 M | 26.3 M | - | 26 M | 26.4 M | 26.5 M | - | 25.5 M | 27.1 M | 27.2 M | - | 23.1 M | 24.8 M | 22.7 M | - | 22.9 M | 23.3 M | 20 M | - | 22.9 M | 23.8 M | 25 M | - | 25.3 M | 16.5 M | 13.4 M | - | 17 M | 16.6 M | 15.9 M | - | 16.2 M | 14.8 M | 13.7 M | - | 15.2 M | 14.1 M | 13.3 M |
Interest Expense |
498 K | -891 K | - | 94 K | 335 K | -151 K | - | -28 K | -331 K | 572 K | - | -545 K | 727 K | 276 K | - | 1.1 M | 298 K | -161 K | - | 128 K | 34 K | 133 K | - | -168 K | 16 K | -92 K | - | 78 K | -33 K | -98 K | - | 1.8 M | 2.27 M | 1.88 M | - | 2.01 M | 1.89 M | 1.8 M | - | 1.79 M | 1.9 M | 1.84 M | - | 1.62 M | 1.59 M | 1.88 M | - | 2.05 M | 1.32 M | 1 K | - | 2 K | 2 K | 1 K | - | 3 K | 3 K | 3 K | - | 32 K | 22 K | 18 K |
EBITDA |
71.4 M | 68.1 M | - | 66.1 M | 62.8 M | 62 M | - | 58.9 M | 58.3 M | 55.3 M | - | 57.4 M | 56.3 M | 48.1 M | - | 47.7 M | 51.9 M | 50.3 M | - | 44.7 M | 36.8 M | 42.9 M | - | 42.1 M | 52.2 M | 38.8 M | - | 59.5 M | 48.1 M | 37.3 M | - | 59 M | 49.5 M | 38.4 M | - | 56.2 M | 46.9 M | 34 M | - | 57.3 M | 46 M | 31 M | - | 52.7 M | 43.7 M | 35.1 M | - | 45.5 M | 26.4 M | 16 M | - | 24.8 M | 21.8 M | 18.5 M | - | 23.5 M | 19.6 M | 16.1 M | - | 22 M | 18.6 M | 15.5 M |
Operating Expenses |
44.5 M | 45.5 M | - | 40.9 M | 41.7 M | 37.2 M | - | 37.4 M | 37.2 M | 39.8 M | - | 32.9 M | 34.5 M | 38.8 M | - | 34.8 M | 32 M | 33.2 M | - | 28.4 M | 28.9 M | 28.2 M | - | 27.3 M | 28.5 M | 29.1 M | - | 28 M | 27.5 M | 22.6 M | - | 22.5 M | 26.4 M | 24.2 M | - | 23.1 M | 21.9 M | 21.7 M | - | 21.7 M | 23.1 M | 22.9 M | - | 20.3 M | 18.1 M | 18.1 M | - | 19.2 M | 15.8 M | 9.86 M | - | 7.55 M | 8.27 M | 8.37 M | - | 7.16 M | 7.76 M | 7.48 M | - | 7.44 M | 7.7 M | 7.48 M |
General and Administrative Expenses |
18.8 M | 18.5 M | - | 17.3 M | 18.1 M | 15.6 M | - | 17.5 M | 15.3 M | 17.5 M | - | 10.8 M | 12 M | 17.1 M | - | 15.2 M | 13 M | 13 M | - | 9.79 M | 11.1 M | 10.5 M | - | 10.4 M | 12.1 M | 10.9 M | - | 10.1 M | 9.17 M | 5.59 M | - | 5.71 M | 8.64 M | 7.59 M | - | 6.76 M | 6.08 M | 6.2 M | - | 6.43 M | 6.7 M | 7.83 M | - | 6.94 M | 5.23 M | 4.86 M | - | 6.3 M | 6.16 M | 4.9 M | - | 2.99 M | 3.28 M | 3.24 M | - | 2.45 M | 2.64 M | 2.62 M | - | 2.75 M | 2.82 M | 2.47 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Balchem Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.