v3.26.3
SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Balchem Corporation reports three reportable segments: Human Nutrition and Health ("HNH"), Animal Nutrition and Health ("ANH"), and Specialty Products ("SP"). Sales and production of products outside of our reportable segments and other minor business activities are included in "Other and Unallocated".
The Company's Chief Operating Decision Maker ("CODM") is the Chief Executive Officer. The CODM receives a profit and loss reporting package which provides segment information including revenue, cost of goods sold, gross margin, total operating expenses, and earnings from operations. The CODM utilizes this monthly profit and loss reporting package to analyze segment performance and appropriately allocate resources.
Pursuant to ASU 2023-07, "Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures", the significant segment information is summarized as follows:

For the Three Months Ended September 30, 2026
HNHANHSPOther and UnallocatedTotal
Net sales$188,227 $62,990 $37,294 $2,147 $290,658 
Cost of sales117,788 (1)48,022 (1)16,183 (1)2,951 (1)184,944 
Gross margin70,439 14,968 21,111 (804)105,714 
Operating expenses24,806 (2)8,179 
(3)
8,810 (4)1,482 (5)43,277 
Earnings from operations45,633 6,789 12,301 (2,286)62,437 
Other expenses:
   Interest expense, net1,934 
   Other expense, net459 
2,393 
Earnings before income tax expense60,044 
   Income tax expense13,316 
Net earnings$46,728 
(1) Cost of sales are primarily comprised of raw materials consumed in the manufacture of product, as well as manufacturing labor, depreciation expense, and other overhead expenses necessary to convert purchased materials and supplies into finished product. Cost of sales also includes inbound freight and duty costs, outbound freight costs for shipping products to customers, warehousing costs, quality control and obsolescence expense.
(2) Operating expenses within HNH are primarily comprised of compensation-related costs, professional services, including advertising and marketing costs, and amortization expense in connection with certain acquired intangible assets.
(3) Operating expenses within ANH are primarily comprised of compensation-related costs and professional services, including advertising and marketing costs.
(4) Operating expenses within SP are primarily comprised of compensation-related costs, professional services, and amortization expense in connection with certain acquired intangible assets.
(5) Operating expenses within Other and Unallocated are primarily comprised of compensation-related costs and transaction and integration costs.

For the Nine Months Ended September 30, 2026
HNHANHSPOther and UnallocatedTotal
Net sales$536,749 $189,633 $112,532 $6,450 $845,364 
Cost of sales333,433 (6)145,309 (6)48,389 (6)7,752 (6)534,883 
Gross margin203,316 44,324 64,143 (1,302)310,481 
Operating expenses75,282 (7)26,616 (8)27,014 (9)4,285 (10)133,197 
Earnings from operations128,034 17,708 37,129 (5,587)177,284 
Other expenses:
   Interest expense, net6,085 
   Other expense, net852 
6,937 
Earnings before income tax expense170,347 
   Income tax expense38,719 
Net earnings$131,628 
(6) Cost of sales are primarily comprised of raw materials consumed in the manufacture of product, as well as manufacturing labor, depreciation expense, and other overhead expenses necessary to convert purchased materials and supplies into finished product. Cost of sales also includes inbound freight and duty costs, outbound freight costs for shipping products to customers, warehousing costs, quality control and obsolescence expense.
(7) Operating expenses within HNH are primarily comprised of compensation-related costs, professional services, including advertising and marketing costs, and amortization expense in connection with certain acquired intangible assets.
(8) Operating expenses within ANH are primarily comprised of compensation-related costs and professional services, including advertising and marketing costs.
(9) Operating expenses within SP are primarily comprised of compensation-related costs, professional services, and amortization expense in connection with certain acquired intangible assets.
(10) Operating expenses within Other and Unallocated are primarily comprised of compensation-related costs and transaction and integration costs.
For the Three Months Ended September 30, 2025
HNHANHSPOther and UnallocatedTotal
Net sales$174,088 $56,376 $35,683 $1,411 $267,558 
Cost of sales109,961 (11)44,630 (11)15,735 (11)1,779 (11)172,105 
Gross margin64,127 11,746 19,948 (368)95,453 
Operating expenses23,296 (12)8,033 (13)8,414 (14)1,131 (15)40,874 
Earnings from operations40,831 3,713 11,534 (1,499)54,579 
Other expenses:
   Interest expense, net2,629 
   Other income, net(94)
2,535 
Earnings before income tax expense52,044 
   Income tax expense11,755 
Net earnings$40,289 
(11) Cost of sales are primarily comprised of raw materials consumed in the manufacture of product, as well as manufacturing labor, depreciation expense, and other overhead expenses necessary to convert purchased materials and supplies into finished product. Cost of sales also includes inbound freight and duty costs, outbound freight costs for shipping products to customers, warehousing costs, quality control and obsolescence expense.
(12) Operating expenses within HNH are primarily comprised of compensation-related costs, professional services, including advertising and marketing costs, and amortization expense in connection with certain acquired intangible assets.
(13) Operating expenses within ANH are primarily comprised of compensation-related costs and professional services, including advertising and marketing costs.
(14) Operating expenses within SP are primarily comprised of compensation-related costs, professional services, and amortization expense in connection with certain acquired intangible assets.
(15) Operating expenses within Other and Unallocated are primarily comprised of compensation-related costs and transaction and integration costs.

For the Nine Months Ended September 30, 2025
HNHANHSPOther and UnallocatedTotal
Net sales$493,318 $169,681 $106,143 $4,402 $773,544 
Cost of sales308,811 (16)134,033 (16)48,292 (16)5,674 (16)496,810 
Gross margin184,507 35,648 57,851 (1,272)276,734 
Operating expenses67,360 (17)23,185 (18)25,463 (19)3,690 (20)119,698 
Earnings from operations117,147 12,463 32,388 (4,962)157,036 
Other expenses:
   Interest expense, net8,319 
   Other income, net(278)
8,041 
Earnings before income tax expense148,995 
   Income tax expense33,375 
Net earnings$115,620 
(16) Cost of sales are primarily comprised of raw materials consumed in the manufacture of product, as well as manufacturing labor, depreciation expense, and other overhead expenses necessary to convert purchased materials and supplies into finished product. Cost of sales also includes inbound freight and duty costs, outbound freight costs for shipping products to customers, warehousing costs, quality control and obsolescence expense.
(17) Operating expenses within HNH are primarily comprised of compensation-related costs, professional services, including advertising and marketing costs, and amortization expense in connection with certain acquired intangible assets.
(18) Operating expenses within ANH are primarily comprised of compensation-related costs and professional services, including advertising and marketing costs.
(19) Operating expenses within SP are primarily comprised of compensation-related costs, professional services, and amortization expense in connection with certain acquired intangible assets.
(20) Operating expenses within Other and Unallocated are primarily comprised of compensation-related costs and transaction and integration costs.

Business Segment AssetsSeptember 30,
2026		December 31,
2025
Human Nutrition and Health$1,248,693 $1,243,522 
Animal Nutrition and Health198,148 176,608 
Specialty Products168,600 172,076 
Other and Unallocated (21)
88,131 94,046 
Total$1,703,572 $1,686,252 

(21) Other and Unallocated assets consist of certain cash, capitalized loan issuance costs, other assets, investments, and income taxes, which the Company does not allocate to its individual business segments. It also includes assets associated with a few minor businesses which individually do not meet the quantitative thresholds for separate presentation.


Depreciation/Amortization		Three Months Ended
September 30,		Nine Months Ended
September 30,
2026202520262025
Human Nutrition and Health$8,653 $7,615 $25,771 $22,462 
Animal Nutrition and Health1,820 1,834 5,520 5,424 
Specialty Products1,652 1,872 5,081 5,394 
Other and Unallocated264 231 728 689 
Total$12,389 $11,552 $37,100 $33,969 

Capital Expenditures		Nine Months Ended September 30,
20262025
Human Nutrition and Health$11,929 $14,075 
Animal Nutrition and Health13,744 9,940 
Specialty Products2,568 2,768 
Other and Unallocated325 350 
Total$28,566 $27,133