tickdelta
Sign in
Screener / SEC EDGAR /CIK 0000009326 /10-K filed Feb 20, 2026, compared with Feb 21, 2025 /Numbers from the XBRL of the 10-Ks
Materials peers:
PRMCSWTGLSTREXBCPCNPO
Nasdaq Materials · Chemicals & Allied Products

Balchem Corp BCPC

BCPC quote by TradingView
Employees
1,352
Headquarters
Montvale, NJ
CEO
Ted Harris
Next results
around Feb 19, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $1.0B through the costs to a net profit of $154.8M · income statement of the 10-K

20% operating margin
Revenue to Gross profit: $370.6MRevenue to Cost of revenue: $666.5MGross profit to Operating profit: $209.3MGross profit to Operating expenses: $161.3MOperating profit to Net profit: $154.8MOperating profit to Tax & other: $54.5MOperating expenses to R&D: $18.5MOperating expenses to Sales, admin & other: $142.8M Revenue: $1.0B REVENUE $1.0B +9% Y/Y Gross profit: $370.6M · 36% margin GROSS PROFIT $370.6M 36% margin · +10% Y/Y Cost of revenue: $666.5M · 64% of revenue COST OF REVENUE $666.5M 64% of revenue Operating profit: $209.3M · 20% margin OPERATING PROFIT $209.3M 20% margin · +14% Y/Y Operating expenses: $161.3M · 16% of revenue OPERATING EXPENSES $161.3M 16% of revenue Net profit: $154.8M · 15% margin NET PROFIT $154.8M 15% margin · +21% Y/Y Tax & other: $54.5M · 5% of revenue TAX & OTHER $54.5M 5% of revenue R&D: $18.5M · 2% of revenue R&D $18.5M 2% of revenue Sales, admin & other: $142.8M · 14% of revenue SALES, ADMIN & OTHER $142.8M 14% of revenue
Gross profit $370.6M 36% margin · +10% Y/Y
Operating profit $209.3M 20% margin · +14% Y/Y
Net profit $154.8M 15% margin · +21% Y/Y
The full income statement, year by year

BCPC among Materials peers

Six ratios from the latest 10-K. Each corner is the share of 84 peers the company is above, not a score.

Compare
Revenue growth: 8.8%, above 70% of 84 peers (their median 3.6%) REVENUE GROWTH 8.8% · above 70% Gross margin: 36.5%, above 68% of 72 peers (their median 28.2%) GROSS MARGIN 36.5% · above 68% Operating margin: 20.7%, above 85% of 67 peers (their median 11.5%) OPERATING MARGIN 20.7% · above 85% Net margin: 15.4%, above 83% of 84 peers (their median 6.8%) NET MARGIN 15.4% · above 83% Return on capital: 12.3%, above 70% of 53 peers (their median 8.4%) RETURN ON CAPITAL 12.3% · above 70%
BCPC Peer median Below the median

What changed

3 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 20, 2026 against Feb 21, 2025.

Risk factors
3 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Receivables growing faster than revenue
Receivables +20.0% ($119.7M to $143.6M) vs revenue +8.8% ($953.7M to $1.0B), +11.2 pts apart
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Receivables growing faster than revenue
    Receivables +20.0% ($119.7M to $143.6M) vs revenue +8.8% ($953.7M to $1.0B), +11.2 pts apart
  • Cash from operations $216.6M vs net income $154.8M (FY ending Dec 31, 2025)
9 more checks with nothing to note
  • Inventory +0.5% ($130.8M to $131.4M) vs revenue +8.8% ($953.7M to $1.0B), -8.3 pts apart
  • Same auditor in both 10-Ks: RSM US LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Valuation of Reporting Units for Goodwill Impairment Testing
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

3 paragraphs in Risk Factors that were not in the 10-K filed Feb 21, 2025. Quoted as filed.

All 3 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 21, 2025 10-K, ITEM 1A
    We cannot, however, predict the likelihood or impact of any future raw material shortages. Any shortages or unforeseen price increases could have a material adverse impact on our results of operations.
  2. Item 1A · new paragraph · not in the 10-K filed Feb 21, 2025 10-K, ITEM 1A
    In addition, certain of our financial transactions such as our credit agreement have, or in the future could have, interest rates that are tied to reference rates such as the Secured Overnight Financing Rate (“SOFR”). The volatility and availability of such reference rates, including the use of alternative reference rates, are outside…

New risk paragraphs, against peers

Latest 10-K of each, Materials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$942.4M$922.4M$953.7M$1.0B
Net income$105.4M$108.5M$128.5M$154.8M
Operating cash flow$138.5M$183.8M$182.0M$216.6M
Free cash flow$89.5M

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$1.0B ▲ 8.8% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Balchem Corp, Montvale, NJ · from the 10-K filed Feb 20, 2026

Headquarters
Montvale, NJ
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Oct 23, 2026
Incorporated in
MD

Employees, at the top of the page: "As of December 31, 2025, we employed approximately 1,352 full-time employees worldwide, with approximately 16% covered by collective-bargaining agreements" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 20, 2026 (open at SEC), compared with the 10-K filed Feb 21, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/BCPC/export.csv") into a cell.

Esc

Type a ticker such as AAPL, a name, an investor such as Buffett, or a topic such as tariffs. ↑ ↓ to move, Enter to open.