---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-034554"
form_type: "8-K"
ticker: "SCL"
cik: "0000094049"
company_name: "STEPAN CO"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:39:45.798718+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Stepan Q2 net income falls 76% to $0.55 EPS; sales volume down 19% YoY

## Summary
- Net income of $12.7M ($0.55 diluted) vs. $52.1M ($2.26) a year ago; adjusted EPS $0.53.
- Revenue $580M, down 23% YoY; global sales volume declined 19%.
- Surfactant operating income fell 69% to $15.1M; Polymer down 52% to $16.3M; Specialty Products down 62% to $3.8M.
- Q2 EBITDA $46.7M vs. $95.5M; adjusted EBITDA $45.8M vs. $96.7M.
- Board declared $0.365 quarterly dividend payable Sept. 15, record Aug. 31; unchanged from prior quarter.

## SEC filing metadata
- accession: 0000950170-23-034554
- form_type: 8-K
- ticker: SCL
- cik: 0000094049
- company_name: STEPAN CO
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/94049/000095017023034554/0000950170-23-034554-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/94049/000095017023034554/scl-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-034554
- JSON: https://secwatch.observer/filing/0000950170-23-034554.json
- Plain text: https://secwatch.observer/filing/0000950170-23-034554.txt

## Key facts
- Earnings Releases
  STEPAN CO reported the quarter ended June 30, 2023 results: net income $12.7 million, or $0.55 per diluted share.
  - Period: the quarter ended June 30, 2023
  - Net income: $12.7 million, or $0.55 per diluted share
  - Result: reported results
  source text: Stepan Reports Second Quarter Results Northbrook, Illinois, July 26, 2023 -- Stepan Company (NYSE: SCL) today reported: Second Quarter Highlights • Reported net income was $12.7 million, or $0.55 per diluted share, versus a record $52.1 million, or $2.26 per diluted share, in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/94049/000095017023034554/0000950170-23-034554-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.