---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-013743"
form_type: "8-K"
ticker: "BCPC"
cik: "0000009326"
company_name: "BALCHEM CORP"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T07:35:52.720913+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Balchem reports record Q1 sales of $232.5M; net earnings down 21.5% to $22.7M

## Summary
- Record Q1 net sales of $232.5M (+1.6% YoY); gross margin $73.2M.
- GAAP net earnings $22.7M ($0.70 EPS), down 21.5% from prior year $28.9M.
- Adjusted EBITDA record $56.1M (+4.8% YoY); adjusted EPS $0.94 vs $1.03.
- Cash from operations $34.8M, up 396% YoY; free cash flow $25.2M.
- No guidance update; company cites challenging market conditions.

## SEC filing metadata
- accession: 0001628280-23-013743
- form_type: 8-K
- ticker: BCPC
- cik: 0000009326
- company_name: BALCHEM CORP
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/9326/000162828023013743/0001628280-23-013743-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/9326/000162828023013743/bcpc-20230428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-013743
- JSON: https://secwatch.observer/filing/0001628280-23-013743.json
- Plain text: https://secwatch.observer/filing/0001628280-23-013743.txt

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