Sensient Technologies Corporation Reports Results for the Quarter Ended September 30, 2025

MILWAUKEE--( BUSINESS WIRE)--Sensient Technologies Corporation (NYSE: SXT), a leading provider of flavors and colors for the food, pharmaceutical, and personal care markets, today reported financial results for the third quarter ended September 30, 2025.

Third Quarter Consolidated Results

“Sensient’s dedication to customer service while continuing to innovate and drive new sales wins has resulted in strong results. I remain very confident about our performance and am excited about the opportunities in front of us, particularly in natural colors,” said Paul Manning, Sensient’s Chairman, President, and Chief Executive Officer.

Third Quarter Group Results

Reported

Local Currency (1)

Quarter

Year-to-Date

Quarter

Year-to-Date

-0.2%

-0.9%

-1.2%

-1.0%

9.9%

7.2%

7.9%

7.6%

0.7%

5.0%

-0.3%

3.9%

5.0%

3.2%

3.5%

3.2%

Reported

Local Currency Adjusted (1)

Quarter

Year-to-Date

Quarter

Year-to-Date

8.4%

7.6%

7.8%

7.6%

26.6%

19.9%

23.8%

19.7%

2.5%

7.6%

0.2%

4.9%

14.2%

12.9%

15.7%

14.3%

The Flavors & Extracts Group reported third quarter 2025 revenue of $203.0 million, a decrease of $0.3 million versus the prior year’s third quarter. The Group’s revenue was unfavorably impacted by lower volumes in agricultural ingredients (formerly natural ingredients). This decline was partially offset by higher prices and volumes in our flavors, extracts, and flavor ingredients product lines. Segment operating income was $28.0 million in the third quarter of 2025, an increase of $2.2 million compared to the prior year’s third quarter. The increase in segment operating income was driven by strong profitability of the flavors, extracts, and flavor ingredients product lines despite the decline in the revenue of agricultural ingredients.

The Color Group reported revenue of $178.2 million in the third quarter of 2025, an increase of $16.1 million compared to the prior year’s third quarter. The Group’s revenue increase was driven by higher prices and strong volume growth in the food and pharmaceutical product lines. Segment operating income was $37.7 million in the third quarter of 2025, an increase of $7.9 million compared to the prior year’s third quarter results.

The Asia Pacific Group reported revenue of $42.1 million in the third quarter of 2025, an increase of $0.3 million compared to the prior year’s third quarter. Segment operating income was $9.5 million in the quarter, an increase of $0.2 million compared to the prior year’s third quarter.

Corporate & Other reported operating expenses of $17.6 million in the third quarter of 2025, compared to $14.5 million of operating expenses reported in the prior year’s third quarter. The higher operating expenses were primarily due to higher Portfolio Optimization Plan costs in the quarter. Local currency adjusted operating expenses (1) for Corporate & Other increased $1.0 million compared to the prior year’s third quarter, primarily due to higher performance-based compensation costs recorded in 2025.

2025 OUTLOOK

The Company’s guidance is based on current conditions and economic and market trends in the markets in which the Company operates and is subject to various risks and uncertainties as described below.

(1)

Please refer to “Reconciliation of Non-GAAP Amounts” at the end of this release for more information regarding our non-GAAP financial measures.

USE OF NON-GAAP FINANCIAL MEASURES

The Company’s non-GAAP financial measures eliminate the impact of certain items, which, depending on the measure, include: currency movements, depreciation and amortization, Portfolio Optimization Plan costs, and non-cash share-based compensation. These measures are provided to enhance the overall understanding of the Company’s performance when viewed together with the GAAP results. Refer to “Reconciliation of Non-GAAP Amounts” at the end of this release.

CONFERENCE CALL

The Company will host a conference call to discuss its 2025 third quarter financial results at 8:30 a.m. CDT on Friday, October 31, 2025. To participate in the conference call, contact Chorus Call Inc. at (844) 492-3726 or (412) 317-1078, and ask to join the Sensient Technologies Corporation conference call. Alternatively, the call can be accessed by using the webcast link that is available on the Investor Information section of the Company’s web site at www.sensient.com.

A replay of the call will be available one hour after the end of the conference call through November 7, 2025, by calling (877) 344-7529 and using access code 1491278. An audio replay and written transcript of the call will also be posted on the Investor Information section of the Company’s web site at www.sensient.com on or after November 4, 2025.

This release contains statements that may constitute “forward-looking statements” within the meaning of Federal securities laws including in the quote from our Chairman, President, and Chief Executive Officer and under “2025 Outlook” above. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors concerning the Company’s operations and business environment. Important factors that could cause actual results to differ materially from those suggested by these forward-looking statements and that could adversely affect the Company’s future financial performance include the following: the Company’s ability to manage general business, economic, and capital market conditions, including actions taken by customers in response to such market conditions, and the impact of recessions and economic downturns; the impact of macroeconomic and geopolitical volatility, including inflation and shortages impacting the availability and cost of raw materials, energy, and other supplies, disruptions and delays in the Company’s supply chain, and the conflicts between Russia and Ukraine and in the Middle East; industry, regulatory, legal, and economic factors related to the Company’s domestic and international business; the effects of tariffs, trade barriers, and disputes; the availability and cost of labor, logistics, and transportation; the pace and nature of new product introductions by the Company and the Company’s customers; the Company’s ability to anticipate and respond to changing consumer preferences, changing technologies, and changing regulations; the Company’s ability to successfully implement its growth strategies; the outcome of the Company’s various productivity-improvement and cost-reduction efforts, acquisition and divestiture activities, and Portfolio Optimization Plan; growth in markets for products in which the Company competes; industry and customer acceptance of price increases; actions by competitors; the Company’s ability to enhance its innovation efforts and drive cost efficiencies; currency exchange rate fluctuations; and other factors included in “Risk Factors” in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and in other documents that the Company files with the SEC. The risks and uncertainties identified above are not the only risks the Company faces. Additional risks and uncertainties not presently known to the Company or that it currently believes to be immaterial also may adversely affect the Company. Should any known or unknown risks and uncertainties develop into actual events, these developments could have material adverse effects on our business, financial condition, and results of operations. This release contains time-sensitive information that reflects management’s best analysis only as of the date of this release. Except to the extent required by applicable laws, the Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied herein will not be realized.

ABOUT SENSIENT TECHNOLOGIES

Sensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors, and other specialty ingredients. Sensient uses advanced technologies and robust global supply chain capabilities to develop specialized solutions for food and beverages, as well as products that serve the pharmaceutical, nutraceutical, and personal care industries. Sensient’s customers range in size from small entrepreneurial businesses to major international manufacturers representing some of the world’s best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.

www.sensient.com

Three Months Ended September 30,

Nine Months Ended September 30,

2025

2024

% Change

2025

2024

% Change

412,109

392,613

5.0

1,218,664

1,180,808

3.2

270,767

262,209

3.3

802,713

793,133

1.2

83,636

79,884

4.7

247,009

238,092

3.7

57,706

50,520

14.2

168,942

149,583

12.9

7,328

7,696

22,060

22,394

50,378

42,824

146,882

127,189

13,422

10,134

37,877

32,627

36,956

32,690

13.0

109,005

94,562

15.3

0.87

0.78

2.58

2.24

0.87

0.77

2.56

2.23

42,248

42,159

42,231

42,139

42,665

42,429

42,570

42,377

Three Months Ended September 30,

Nine Months Ended September 30,

Revenue

2025

2024

% Change

2025

2024

% Change

202,970

203,279

(0.2

599,902

605,584

(0.9

178,156

162,080

9.9

525,188

489,805

7.2

42,082

41,778

0.7

126,727

120,664

5.0

(11,099

)

(14,524

)

(33,153

)

(35,245

)

412,109

392,613

5.0

1,218,664

1,180,808

3.2

28,038

25,862

8.4

81,533

75,749

7.6

37,734

29,806

26.6

111,508

92,987

19.9

9,541

9,307

2.5

27,926

25,963

7.6

(17,607

)

(14,455

)

(52,025

)

(45,116

)

57,706

50,520

14.2

168,942

149,583

12.9

September 30,

December 31,

2025

2024

42,669

26,626

323,387

290,087

653,718

600,302

51,728

44,871

1,595

1,073,097

961,886

449,902

423,658

518,489

491,587

168,053

146,663

2,209,541

2,023,794

122,878

139,052

777

19,848

110,033

111,739

233,688

270,639

711,177

613,523

27,031

24,499

57,484

54,147

1,180,161

1,060,986

2,209,541

2,023,794

2025

2024

109,005

94,562

45,890

45,185

10,584

6,980

166

(210

)

2,107

1,406

3,899

(11,117

)

(19,716

)

(32,138

)

(35,609

)

14,902

(9,160

)

221

(10,973

)

(4,664

)

(9,781

)

16,769

(5,076

)

854

1,927

3,011

83,263

135,761

(57,788

)

(36,088

)

397

338

(4,867

)

1,260

(1,444

)

(60,998

)

(37,194

)

125,619

134,432

(84,662

)

(154,219

)

(52,196

)

(52,034

)

(2,648

)

(3,317

)

(13,887

)

(75,138

)

7,665

(15,394

)

16,043

8,035

26,626

28,934

42,669

36,969

2025

2024

1.23

Three Months Ended September 30,

Nine Months Ended September 30,

2025

2024

% Change

2025

2024

% Change

57,706

50,520

14.2

168,942

149,583

12.9

649

209

4,252

523

2,674

1,002

5,274

5,252

61,029

51,731

18.0

178,468

155,358

14.9

36,956

32,690

13.0

109,005

94,562

15.3

3,323

1,211

9,526

5,775

649

(17

)

(868

)

(586

)

40,928

33,884

20.8

117,663

99,751

18.0

0.87

0.77

13.0

2.56

2.23

14.8

0.09

0.03

0.20

0.12

0.96

0.80

20.0

2.76

2.35

17.4

Three Months Ended September 30,

Adjusted

2025

Adjustments (2)

2025

2024

Adjustments (2)

2024

28,038

25,862

37,734

29,806

9,541

9,307

(17,607

)

3,323

(14,284

)

(14,455

)

1,211

(13,244

)

57,706

3,323

61,029

50,520

1,211

51,731

Nine Months Ended September 30,

Adjusted

2025

Adjustments (2)

2025

2024

Adjustments (2)

2024

81,533

75,749

111,508

92,987

27,926

25,963

(52,025

)

9,526

(42,499

)

(45,116

)

5,775

(39,341

)

168,942

9,526

178,468

149,583

5,775

155,358

(Unaudited)

(0.2%)

1.0%

N/A

(1.2%)

9.9%

2.0%

N/A

7.9%

0.7%

1.0%

N/A

(0.3%)

5.0%

1.5%

N/A

3.5%

8.4%

0.6%

0.0%

7.8%

26.6%

2.8%

0.0%

23.8%

2.5%

2.3%

0.0%

0.2%

21.8%

0.0%

13.9%

7.9%

14.2%

2.4%

(3.9%)

15.7%

13.0%

2.6%

(7.1%)

17.5%

16.3%

2.0%

N/A

14.3%

(0.9%)

0.1%

N/A

(1.0%)

7.2%

(0.4%)

N/A

7.6%

5.0%

1.1%

N/A

3.9%

3.2%

0.0%

N/A

3.2%

7.6%

0.0%

7.6%

19.9%

0.2%

0.0%

19.7%

7.6%

2.7%

0.0%

4.9%

15.3%

0.0%

7.3%

8.0%

12.9%

0.6%

(2.0%)

14.3%

14.8%

0.5%

(2.3%)

16.6%

13.2%

0.4%

N/A

12.8%

Three Months Ended September 30,

Nine Months Ended September 30,

2025

2024

% Change

2025

2024

% Change

57,706

50,520

14.2

168,942

149,583

12.9

15,556

15,460

45,890

45,185

3,945

2,069

10,584

6,980

3,323

1,211

9,526

5,775

80,530

69,260

16.3

234,942

207,523

13.2

September 30,

2025

2024

777

17,811

711,177

625,627

(27,992

)

(22,633

)

683,962

620,805

210,938

157,646

61,034

59,645

13,688

8,628

10,382

33,616

(495

)

(998

)

295,547

258,537

Category: Earnings

Source: Sensient Technologies Corporation