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Sensient Technologies Corp. (MX:SXT)
:SXT
Mexico Market
EarningsQ2 2026 Earnings Report

Sensient Technologies (SXT) Q2 2026 Earnings Report

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MX:SXT Q2 2026 EPS Results

Actual EPS$20.77
Consensus EPS$17.85
Beat/MissBeat by +$2.93
One Year Ago EPS$16.27

MX:SXT Q2 2026 Revenue Results

Actual Revenue$8.00B
Expected Revenue$7.77B
Beat/MissBeat by +$229.22M
YoY Revenue Growth+11.55%

Earnings Announcement Details

QuarterQ2 2026
Date07/24/2026
TimeBefore Open
Conference CallFriday, July 24, 2026
MX:SXT Upcoming Earnings
Sensient Technologies's next earnings date is estimated for October 30, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

MX:SXT Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 24, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call communicates robust execution and materially upgraded results driven by the Color Group and accelerating natural color conversions, with clear progress toward a $1B natural color opportunity. Positive operating momentum, better-than-expected wins and upgraded full-year guidance are offset by one-time tariff benefits, rising interest expense, increased working capital requirements, and supply-chain/raw-material risks associated with scaling natural color capacity. Overall, the company portrays confidence in its strategy and financial position while flagging near-term leverage and margin variability risks.
Company Guidance
Sensient updated 2026 guidance: consolidated local‑currency revenue is expected to rise high‑single to low‑double digits, with local‑currency adjusted EBITDA and adjusted EPS growth now forecast in the mid‑ to high‑teens; by business, the Color Group is expected to deliver high‑teens revenue growth (it invoiced ~$25M of natural‑color conversion revenue in Q2, adding to ~$20M cumulative through Q1) with Q3 Color EBITDA margin expected roughly in line with last year’s Q3 (24.7%) and Color and Asia Pacific margins targeted in the mid‑20s (Q2 Color adj. EBITDA margin 28.3% including ~$4.3M tariff refunds, excl. refund 26.3%; Asia Pacific Q2 adj. EBITDA margin 24.4%); Flavors & Extracts is guided to mid‑single‑digit revenue growth with high‑teens EBITDA margins (Q2 margin 18.1%); consolidated capex remains $150–$170M for 2026 (likely toward $170M) with ~ $250M of natural‑color capital planned over the next few years, working capital expected to increase to support conversions, net debt / credit‑adjusted EBITDA was 2.3x at 6/30/26 (expected to enter mid‑to‑upper‑2s later in the year), Q3/Q4 interest expense are expected to be ~ $9M and ~$9.5M, adjusted tax rate ~25%, currency impact on EPS immaterial in H2, and no material additional tariff refunds or near‑term share buybacks are expected.
Strong Consolidated Q2 Performance
Revenue $462.1M in Q2 2026 vs $414.2M prior year; 10% local currency revenue growth, 21% local currency adjusted EBITDA growth, and 26% local currency adjusted EPS growth in Q2.
Color Group Outperformance
Color Group delivered 17.6% local currency revenue growth and 36.8% local currency operating profit growth. Q2 adjusted EBITDA margin was 28.3% (up 320 bps year-over-year); excluding ~$4.3M one-time tariff refund the margin was 26.3%.
Natural Color Conversion Traction
Invoiced approximately $25M of natural color conversion revenue in Q2 (in addition to cumulative $20M through end of Q1). Management positions the U.S. conversion as a $1B sales opportunity and reports accelerating win rates and growing sales pipeline.
Flavors & Extracts Steady Growth
Flavors & Extracts Group: 3.8% local currency revenue growth and 6.1% local currency operating profit growth in Q2; adjusted EBITDA margin 18.1% (up 30 bps). Company expects mid-single digit revenue growth for the full year for this group.
Asia Pacific Strong Contribution
Asia Pacific Group delivered 12.3% local currency revenue growth and 23.7% local currency operating profit growth; adjusted EBITDA margin 24.4% (up 210 bps). Management expects high single-digit revenue growth for the full year for the group.
Upgraded Full-Year Guidance
Company raised outlook: full-year local currency revenue expected to be up high single to low double digits; local currency adjusted EBITDA and EPS growth now expected in the mid- to high-teens (up from prior high single- to double-digit guidance).
Capital Allocation and Balance Sheet
Q2 operating cash flow $48M and Q2 CapEx $39M. Full-year consolidated CapEx expected $150M–$170M (likely toward $170M). Net debt to credit-adjusted EBITDA 2.3x as of June 30, 2026; company plans ~$250M in natural-color capital spend over next few years and maintains capacity to pursue sensible acquisitions and dividends.
Technology & R&D Leadership
Management highlighted several proprietary natural color platforms (e.g., heat-stable and concentrated platforms for pink and blue shades) and emphasized integrated flavor solutions for taste-masking—supporting conversions and differentiated wins across food, personal care and pharma.

MX:SXT Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 30, 2026
2026 (Q3)
18.81 / -
16.616
2026 (Q2)
17.85 / 20.77
16.2727.66% (+4.50)
2026 (Q1)
14.59 / 18.00
14.88620.93% (+3.12)
2025 (Q4)
13.38 / 12.46
11.25110.77% (+1.21)
2025 (Q3)
15.58 / 16.62
13.84720.00% (+2.77)
2025 (Q2)
15.23 / 16.27
13.32822.08% (+2.94)
2025 (Q1)
14.19 / 14.89
13.6748.86% (+1.21)
2024 (Q4)
11.08 / 11.25
8.82827.45% (+2.42)
2024 (Q3)
13.50 / 13.85
12.9826.67% (+0.87)
2024 (Q2)
14.19 / 13.33
14.02-4.94% (-0.69)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed