Sensient Technologies Corporation reported its financial results for the third quarter ended September 30, 2026. The company reported consolidated revenue of $455.8 million, representing a 10.6% increase compared to the same period in the prior year. On a local currency basis, revenue increased by 10.2%.
Operating income for the quarter was $72.4 million, an increase of 25.5% year-over-year. Reported earnings per share (GAAP) increased 29.9% to $1.13, compared to $0.87 in the prior year. The company noted that in the third quarter of 2025, it recorded $3.3 million of costs related to its Portfolio Optimization Plan, which were not present in the current quarter.
Results by segment included the following:
- Flavors & Extracts: Revenue was $210.0 million, up 3.5% year-over-year. Segment operating income was $30.5 million.
- Color: Revenue was $210.3 million, up 18.1% year-over-year. Segment operating income was $46.1 million.
- Asia Pacific: Revenue was $47.3 million, up 12.4% year-over-year. Segment operating income was $12.4 million.
Corporate & Other operating expenses were $16.5 million in the third quarter of 2026, compared to $17.6 million in the prior year, driven primarily by higher performance-based compensation costs.
Regarding the outlook for 2026, Sensient maintained its guidance for high single-digit to low double-digit revenue growth on a local currency basis. The company also reiterated its guidance for mid-teen to high teen growth in local currency adjusted EBITDA and diluted EPS.
