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Side-by-side financial comparison of BALCHEM CORP (BCPC) and PAMT CORP (PAMT). Click either name above to swap in a different company.
BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $141.3M, roughly 1.9× PAMT CORP). BALCHEM CORP runs the higher net margin — 14.9% vs -20.7%, a 35.6% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs -15.1%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $-25.0M). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (7.5% CAGR vs -12.0%).
Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.
BCPC vs PAMT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.7M | $141.3M |
| Net Profit | $40.3M | $-29.3M |
| Gross Margin | — | — |
| Operating Margin | 20.5% | -27.0% |
| Net Margin | 14.9% | -20.7% |
| Revenue YoY | 8.1% | -15.1% |
| Net Profit YoY | 8.7% | 7.4% |
| EPS (diluted) | $1.25 | $-1.38 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $270.7M | — | ||
| Q4 25 | $263.6M | $141.3M | ||
| Q3 25 | $267.6M | $150.3M | ||
| Q2 25 | $255.5M | $151.1M | ||
| Q1 25 | $250.5M | $155.3M | ||
| Q4 24 | $240.0M | $166.5M | ||
| Q3 24 | $239.9M | $182.6M | ||
| Q2 24 | $234.1M | $182.9M |
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | $-29.3M | ||
| Q3 25 | $40.3M | $-5.6M | ||
| Q2 25 | $38.3M | $-9.6M | ||
| Q1 25 | $37.1M | $-8.1M | ||
| Q4 24 | $33.6M | $-31.6M | ||
| Q3 24 | $33.8M | $2.4M | ||
| Q2 24 | $32.1M | $-2.9M |
| Q1 26 | — | — | ||
| Q4 25 | 35.6% | — | ||
| Q3 25 | 35.7% | — | ||
| Q2 25 | 36.4% | — | ||
| Q1 25 | 35.2% | — | ||
| Q4 24 | 36.0% | — | ||
| Q3 24 | 35.6% | — | ||
| Q2 24 | 35.5% | — |
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | -27.0% | ||
| Q3 25 | 20.4% | -3.8% | ||
| Q2 25 | 20.1% | -7.3% | ||
| Q1 25 | 20.4% | -5.9% | ||
| Q4 24 | 19.8% | -22.6% | ||
| Q3 24 | 20.0% | 1.3% | ||
| Q2 24 | 19.6% | -0.4% |
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | -20.7% | ||
| Q3 25 | 15.1% | -3.7% | ||
| Q2 25 | 15.0% | -6.4% | ||
| Q1 25 | 14.8% | -5.2% | ||
| Q4 24 | 14.0% | -19.0% | ||
| Q3 24 | 14.1% | 1.3% | ||
| Q2 24 | 13.7% | -1.6% |
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.21 | $-1.38 | ||
| Q3 25 | $1.24 | $-0.27 | ||
| Q2 25 | $1.17 | $-0.46 | ||
| Q1 25 | $1.13 | $-0.37 | ||
| Q4 24 | $1.03 | $-1.44 | ||
| Q3 24 | $1.03 | $0.11 | ||
| Q2 24 | $0.98 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $72.9M | $83.7M |
| Total DebtLower is stronger | — | $333.9M |
| Stockholders' EquityBook value | $1.3B | $210.5M |
| Total Assets | $1.7B | $697.9M |
| Debt / EquityLower = less leverage | — | 1.59× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $72.9M | — | ||
| Q4 25 | $74.6M | $83.7M | ||
| Q3 25 | $65.1M | $115.6M | ||
| Q2 25 | $65.4M | $117.3M | ||
| Q1 25 | $49.9M | $102.7M | ||
| Q4 24 | $49.5M | $110.7M | ||
| Q3 24 | $73.7M | $92.3M | ||
| Q2 24 | $63.7M | $114.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $333.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $325.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $210.5M | ||
| Q3 25 | $1.3B | $239.5M | ||
| Q2 25 | $1.3B | $244.9M | ||
| Q1 25 | $1.2B | $269.6M | ||
| Q4 24 | $1.1B | $277.5M | ||
| Q3 24 | $1.2B | $308.9M | ||
| Q2 24 | $1.1B | $306.7M |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | $697.9M | ||
| Q3 25 | $1.7B | $715.2M | ||
| Q2 25 | $1.7B | $707.9M | ||
| Q1 25 | $1.6B | $712.6M | ||
| Q4 24 | $1.6B | $741.7M | ||
| Q3 24 | $1.6B | $756.7M | ||
| Q2 24 | $1.6B | $733.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $40.1M | $-5.8M |
| Free Cash FlowOCF − Capex | $33.8M | $-25.0M |
| FCF MarginFCF / Revenue | 12.5% | -17.7% |
| Capex IntensityCapex / Revenue | 2.3% | 13.6% |
| Cash ConversionOCF / Net Profit | 0.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-23.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | $-5.8M | ||
| Q3 25 | $65.6M | $5.9M | ||
| Q2 25 | $47.3M | $12.2M | ||
| Q1 25 | $36.5M | $5.0M | ||
| Q4 24 | $52.3M | $15.2M | ||
| Q3 24 | $51.3M | $15.5M | ||
| Q2 24 | $45.0M | $18.7M |
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | $-25.0M | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | — | $5.9M | ||
| Q1 25 | — | $-6.8M | ||
| Q4 24 | — | $-39.9M | ||
| Q3 24 | — | $-33.6M | ||
| Q2 24 | — | $4.1M |
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | -17.7% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | -4.4% | ||
| Q4 24 | — | -24.0% | ||
| Q3 24 | — | -18.4% | ||
| Q2 24 | — | 2.2% |
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | 13.6% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 7.6% | ||
| Q4 24 | — | 33.1% | ||
| Q3 24 | — | 26.9% | ||
| Q2 24 | — | 8.0% |
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.63× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 1.52× | 6.44× | ||
| Q2 24 | 1.40× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BCPC
Segment breakdown not available.
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
