secwatch.observer — SEC 8-K summary
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Issuer:     STEPAN CO (SCL)
CIK:        0000094049
Form:       8-K
Filed at:   2026-07-29T11:00:23+00:00
Accession:  0001193125-26-322116
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 2.05, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stepan Q2 net income up 102% to $22.9M; adjusted EBITDA up 45% to $74.4M
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- Reported net income $22.9M ($1.00 diluted EPS) vs $11.3M a year ago; adjusted net income $27.1M ($1.18 adj. EPS).
- Adjusted EBITDA $74.4M, up 45% YoY; Surfactant adj. EBITDA up 59%, Polymer up 22%.
- Global sales volume up 3% (organic +6%); net sales $684.1M, up 15% YoY.
- Company to reduce global salaried workforce by ~100 roles as part of Project Catalyst; full-year restructuring charges $75-80M.
- Quarterly dividend declared $0.395/share, payable Sept 15, 2026 to holders of record Sept 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94049/000119312526322116/0001193125-26-322116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94049/000119312526322116/d139905d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-322116

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer