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Stepan SCL Specialty Products — Operating Expenses

Other segment segments

Surfactants
$29.25M+6.6%
Polymers
$8.31M+11.3%

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Other financials

Income statement

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Revenue$684.1M+15.0%
Gross profit$100.0M+39.1%
Operating income$37.2M+107%
Net income$22.9M+102%
EPS (diluted)$1.00+100%

Balance sheet

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Cash & equivalents$113.7M+27.9%
Total debt$707.3M-2.7%
Total equity$1.2B-2.4%
Total assets$2.4B-1.0%

Cash flow

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Operating cash flow$8.4M-25.3%
CapEx$23.4M-8.6%
Free cash flow-$15.0M-4.4%

Valuation

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Market cap$1.47B+34.1%
Enterprise value$2.07B+19.0%
P/S0.6×+0.1×

Profitability

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Gross margin11.8%-0.6pp
Operating margin0.8%-2.6pp
Net margin-0.1%-2.7pp
FCF margin1.5%

Returns & leverage

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Return on equity-0.2%-5.0pp
Debt / equity0.6×0.0×
Current ratio1.2×-0.2×

Where this comes from

Reported directly by Stepan in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Stepan’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 12:37 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-334428
(In thousands)SurfactantsPolymersSpecialty ProductsTotal
Net Sales$483,902$178,007$22,200$684,109
Cost of Sales (1)420,295147,22816,193583,716
Operating Expenses (2)29,2458,3101,00038,555
Operating Income$34,362$22,469$5,007$61,838
Unallocated Corporate Expenses (3)(24,628)
Consolidated Operating Income$37,210
Segment Capital Expenditures$16,057$6,517$992$23,566
Unallocated Capital Expenditures (4)(160)

Item 1 - Financial Statements

FAQ

What is Stepan's specialty products — operating expenses?
Stepan (SCL) reported specialty products — operating expenses of $1M in Q2 2026.
How has Stepan's specialty products — operating expenses changed year-over-year?
Stepan's specialty products — operating expenses increased by 7.4% year-over-year, from $931K to $1M.
What is the long-term trend for Stepan's specialty products — operating expenses?
Over 3 years (2022 to 2025), Stepan's specialty products — operating expenses has grown at a -8.7% compound annual growth rate (CAGR), from $4.42M to $3.37M.
What does specialty products — operating expenses mean?
This represents the indirect costs incurred to support the operations of the Specialty Products segment, such as selling, general, and administrative expenses. Monitoring these costs helps evaluate the segment's operational overhead and the effectiveness of its management structure.

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