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Side-by-side financial comparison of BALCHEM CORP (BCPC) and UFP TECHNOLOGIES INC (UFPT). Click either name above to swap in a different company.

BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $148.9M, roughly 1.8× UFP TECHNOLOGIES INC). BALCHEM CORP runs the higher net margin — 14.9% vs 11.8%, a 3.1% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs 3.4%). Over the past eight quarters, UFP TECHNOLOGIES INC's revenue compounded faster (19.1% CAGR vs 7.5%).

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.

UFP Technologies, Inc. is an American multinational developer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products.

BCPC vs UFPT — Head-to-Head

Bigger by revenue
BCPC
BCPC
1.8× larger
BCPC
$270.7M
$148.9M
UFPT
Growing faster (revenue YoY)
BCPC
BCPC
+4.7% gap
BCPC
8.1%
3.4%
UFPT
Higher net margin
BCPC
BCPC
3.1% more per $
BCPC
14.9%
11.8%
UFPT
Faster 2-yr revenue CAGR
UFPT
UFPT
Annualised
UFPT
19.1%
7.5%
BCPC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BCPC
BCPC
UFPT
UFPT
Revenue
$270.7M
$148.9M
Net Profit
$40.3M
$17.6M
Gross Margin
28.2%
Operating Margin
20.5%
14.4%
Net Margin
14.9%
11.8%
Revenue YoY
8.1%
3.4%
Net Profit YoY
8.7%
7.3%
EPS (diluted)
$1.25
$2.22

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.

Revenue
BCPC
BCPC
UFPT
UFPT
Q1 26
$270.7M
Q4 25
$263.6M
$148.9M
Q3 25
$267.6M
$154.6M
Q2 25
$255.5M
$151.2M
Q1 25
$250.5M
$148.1M
Q4 24
$240.0M
$144.1M
Q3 24
$239.9M
$145.2M
Q2 24
$234.1M
$110.2M
Net Profit
BCPC
BCPC
UFPT
UFPT
Q1 26
$40.3M
Q4 25
$39.2M
$17.6M
Q3 25
$40.3M
$16.4M
Q2 25
$38.3M
$17.2M
Q1 25
$37.1M
$17.2M
Q4 24
$33.6M
$16.4M
Q3 24
$33.8M
$16.4M
Q2 24
$32.1M
$13.6M
Gross Margin
BCPC
BCPC
UFPT
UFPT
Q1 26
Q4 25
35.6%
28.2%
Q3 25
35.7%
27.7%
Q2 25
36.4%
28.8%
Q1 25
35.2%
28.5%
Q4 24
36.0%
29.2%
Q3 24
35.6%
28.6%
Q2 24
35.5%
30.0%
Operating Margin
BCPC
BCPC
UFPT
UFPT
Q1 26
20.5%
Q4 25
19.8%
14.4%
Q3 25
20.4%
15.1%
Q2 25
20.1%
16.1%
Q1 25
20.4%
15.6%
Q4 24
19.8%
15.4%
Q3 24
20.0%
17.1%
Q2 24
19.6%
16.3%
Net Margin
BCPC
BCPC
UFPT
UFPT
Q1 26
14.9%
Q4 25
14.9%
11.8%
Q3 25
15.1%
10.6%
Q2 25
15.0%
11.4%
Q1 25
14.8%
11.6%
Q4 24
14.0%
11.4%
Q3 24
14.1%
11.3%
Q2 24
13.7%
12.3%
EPS (diluted)
BCPC
BCPC
UFPT
UFPT
Q1 26
$1.25
Q4 25
$1.21
$2.22
Q3 25
$1.24
$2.11
Q2 25
$1.17
$2.21
Q1 25
$1.13
$2.21
Q4 24
$1.03
$2.08
Q3 24
$1.03
$2.11
Q2 24
$0.98
$1.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BCPC
BCPC
UFPT
UFPT
Cash + ST InvestmentsLiquidity on hand
$72.9M
$20.3M
Total DebtLower is stronger
$135.5M
Stockholders' EquityBook value
$1.3B
$423.9M
Total Assets
$1.7B
$655.1M
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
UFPT
UFPT
Q1 26
$72.9M
Q4 25
$74.6M
$20.3M
Q3 25
$65.1M
$18.2M
Q2 25
$65.4M
$14.9M
Q1 25
$49.9M
$14.0M
Q4 24
$49.5M
$13.4M
Q3 24
$73.7M
$16.4M
Q2 24
$63.7M
$16.7M
Total Debt
BCPC
BCPC
UFPT
UFPT
Q1 26
Q4 25
$135.5M
Q3 25
$146.1M
Q2 25
$163.6M
Q1 25
$163.6M
Q4 24
$189.4M
Q3 24
$212.0M
Q2 24
$35.2M
Stockholders' Equity
BCPC
BCPC
UFPT
UFPT
Q1 26
$1.3B
Q4 25
$1.3B
$423.9M
Q3 25
$1.3B
$403.9M
Q2 25
$1.3B
$385.5M
Q1 25
$1.2B
$360.7M
Q4 24
$1.1B
$342.8M
Q3 24
$1.2B
$329.1M
Q2 24
$1.1B
$310.2M
Total Assets
BCPC
BCPC
UFPT
UFPT
Q1 26
$1.7B
Q4 25
$1.7B
$655.1M
Q3 25
$1.7B
$652.8M
Q2 25
$1.7B
$634.7M
Q1 25
$1.6B
$642.6M
Q4 24
$1.6B
$629.0M
Q3 24
$1.6B
$638.5M
Q2 24
$1.6B
$422.4M
Debt / Equity
BCPC
BCPC
UFPT
UFPT
Q1 26
Q4 25
0.32×
Q3 25
0.36×
Q2 25
0.42×
Q1 25
0.45×
Q4 24
0.55×
Q3 24
0.64×
Q2 24
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BCPC
BCPC
UFPT
UFPT
Operating Cash FlowLast quarter
$40.1M
$16.8M
Free Cash FlowOCF − Capex
$33.8M
FCF MarginFCF / Revenue
12.5%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
0.99×
0.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
UFPT
UFPT
Q1 26
$40.1M
Q4 25
$67.3M
$16.8M
Q3 25
$65.6M
$35.9M
Q2 25
$47.3M
$25.3M
Q1 25
$36.5M
$13.8M
Q4 24
$52.3M
$24.4M
Q3 24
$51.3M
$19.8M
Q2 24
$45.0M
$11.7M
Free Cash Flow
BCPC
BCPC
UFPT
UFPT
Q1 26
$33.8M
Q4 25
Q3 25
Q2 25
$22.5M
Q1 25
$11.0M
Q4 24
$21.4M
Q3 24
$17.7M
Q2 24
$8.9M
FCF Margin
BCPC
BCPC
UFPT
UFPT
Q1 26
12.5%
Q4 25
Q3 25
Q2 25
14.9%
Q1 25
7.4%
Q4 24
14.9%
Q3 24
12.2%
Q2 24
8.1%
Capex Intensity
BCPC
BCPC
UFPT
UFPT
Q1 26
2.3%
Q4 25
Q3 25
Q2 25
1.9%
Q1 25
1.9%
Q4 24
2.1%
Q3 24
1.5%
Q2 24
2.5%
Cash Conversion
BCPC
BCPC
UFPT
UFPT
Q1 26
0.99×
Q4 25
1.72×
0.96×
Q3 25
1.63×
2.19×
Q2 25
1.23×
1.47×
Q1 25
0.98×
0.80×
Q4 24
1.56×
1.49×
Q3 24
1.52×
1.21×
Q2 24
1.40×
0.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BCPC
BCPC

Segment breakdown not available.

UFPT
UFPT

Products$145.1M97%
Engineering And Development$1.8M1%

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