Sensient Technologies Corporation · NYSE:SXT
Sensient Technologies — Q1 2026 Earnings Presentation
27 slides from Sensient Technologies's earnings presentation, Apr 24, 2026
Slide 1: Sensient Technologies Corporation First Quarter 2026 Earnings Call
Sensient Technologies Corporation First Quarter 2026 Earnings Call April 24, 2026 © Sensient Technologies 2026 sensient.com
Slide 2: Non-GAAP Financial Measures
Non-GAAP Financial Measures Within this document, the Company reports certain non-GAAP financial measures, including: (1) adjusted operating income, adjusted net earnings, and adjusted diluted earnings per share, which exclude restructuring and other costs, including the Portfolio Optimization Plan
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation contains statements that may constitute “forward-looking statements” within the meaning of Federal securities laws including under “2026 Financial Outlook” and “Consolidated Full Year 2026 Outlook”. Such forward-looking statements are not guarantees of fu
Slide 4: Quarterly Results & Business Update
Quarterly Results & Business Update © Sensient Technologies 2026 sensient.com 4
Slide 5: Q1 2026 Consolidated Results
Q1 2026 Consolidated Results (1) See appendix for our GAAP to Non-GAAP reconciliations. © Sensient Technologies 2026 sensient.com 5
Slide 6: Color Group Performance
Color Group Performance Local Currency1 Results Commentary Revenue • Strong growth in the quarter driven by new sales wins and favorable pricing across the Group Operating Results • Strong operating leverage in the quarter primarily due to volume growth in the Food and Pharmaceutical product lines a
Slide 7: Flavors & Extracts Group Performance
Flavors & Extracts Group Performance Local Currency1 Results Commentary Revenue • Growth in the quarter due to new and defensible flavor wins and favorable pricing Operating Results • Favorable operating leverage in the quarter primarily due to favorable pricing and volume growth in the Flavors, Ext
Slide 8: Asia Pacific Group Performance
Asia Pacific Group Performance Local Currency1 Results Commentary Revenue • Growth in the quarter driven by favorable prices and new sales wins across the Group Operating Results • Strong operating leverage in the quarter due to favorable prices and volume growth across the Group • Adjusted EBITDA M
Slide 9: Business Outlook
Business Outlook1 Consolidated Full Year 2026 Outlook Local Currency Revenue2 • Growth rate of high single to double-digits Local Currency Adjusted EBITDA2 • Growth rate of high single to double-digits Local Currency Adjusted EPS2 • Growth rate of high single to double-digits (1) Represents outlook
Slide 10: 2026 Natural Color Highlights
2026 Natural Color Highlights The industry’s only global suite of simple ingredient Vibrant, heat-stable alternatives to titanium natural colors for harsh dioxide heat extrusion ✓ Superior color Ideal for: ✓ Label-friendly Ideal for: performance and stability alternatives to titanium • Cereal • Bake
Slide 11: Financial Update & Outlook
Financial Update & Outlook © Sensient Technologies 2026 sensient.com 11
Slide 12: Q1 2026 Financial Review
Q1 2026 Financial Review Local Currency Q1 2025 Q1 2026 Growth1 (dollars in thousands) Consolidated Commentary Revenue $ 392,325 $435,834 +7.2% Operating Income (GAAP) $ 53,530 $ 66,728 • Local currency revenue1 increased 7.2% Operating Margin 13.6% 15.3% Adjusted Operating Income1 $ 56,394 $ 66,728
Slide 13: 2026 Cash Flow and Debt Metrics
2026 Cash Flow and Debt Metrics Q1 2025 Q1 2026 YTD YTD Cash Flow from Operations ($ 9.0 million) ($ 13.6 million) Commentary Capital Expenditures $ 16.9 million $ 28.7 million • Cash flow used in operating activities Total Debt $ 701.8 million $ 767.8 million was $13.6 million in Q1 2026 compared N
Slide 14: 2026 Financial Outlook
2026 Financial Outlook1 Metric Current Guidance Prior Guidance 2 Local Currency Revenue High single to double-digit growth Mid-single to double-digit growth 2 Local Currency Adjusted EBITDA High single to double-digit growth Mid-single to double-digit growth Diluted EPS (GAAP) $3.70 to $3.90 $3.60 t
Slide 15: sensient.com
© Sensient Technologies 2026 sensient.com 15
Slide 16: Appendix
Appendix1 (1) Amounts in thousands, except percentages and per share amounts. © Sensient Technologies 2026 sensient.com 16
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months Ended March 31, 2026 2025 % Change Operating income (GAAP) $ 66,728 $ 53,530 24.7% Portfolio Optimization Plan costs – Cost of products sold - 1,814 Portfolio Optimization Plan costs – Selling and administrative expenses - 1,050 Adjusted operating income $ 66
Slide 18: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months Ended March 31, 2026 Foreign Local Exchange Currency Revenue Total Rates Adjustments (1) Adjusted Flavors & Extracts 4.2% 2.5% N/A 1.7% Color 18.1% 5.8% N/A 12.3% Asia Pacific 8.0% 3.3% N/A 4.7% Total Revenue 11.1% 3.9% N/A 7.2% Operating Income Flavors & Ext
Slide 19: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months Ended March 31, 2026 Foreign Exchange Revenue Total Rates Local Currency Flavors, Extracts, and Flavor Ingredients 6.4% 3.7% 2.7% Agricultural Ingredients (0.4%) 0.0% (0.4%) Flavors & Extracts Group 4.2% 2.5% 1.7% Food and Pharmaceutical 21.4% 5.6% 15.8% Pers
Slide 20: Non-GAAP Financial Measures
Non-GAAP Financial Measures Results by Segment Three Months Ended March 31, Adjusted Adjusted (1) Operating Income 2026 Adjustments 2026 2025 Adjustments (1) 2025 Flavors & Extracts $ 26,750 $ - $ 26,750 $ 24,989 $ - $ 24,989 Color 42,065 - 42,065 34,852 - 34,852 Asia Pacific 11,180 - 11,180 9,442 -
Slide 21: Non-GAAP Financial Measures
Non-GAAP Financial Measures Flavors & Extracts Group Three Months Ended March 31, 2026 2025 Operating Income (GAAP) $ 26,750 $ 24,989 Depreciation and amortization 7,760 7,640 Share-based compensation expense 146 52 Adjusted EBITDA $ 34,656 $ 32,681 Segment Revenue $ 201,825 $ 193,681 Operating Inco
Slide 22: Non-GAAP Financial Measures
Non-GAAP Financial Measures Color Group Three Months Ended March 31, 2026 2025 Operating Income (GAAP) $ 42,065 $ 34,852 Depreciation and amortization 6,157 5,936 Share-based compensation expense 197 69 Adjusted EBITDA $ 48,419 $ 40,857 Segment Revenue $ 198,176 $ 167,750 Operating Income Margin (GA
Slide 23: Non-GAAP Financial Measures
Non-GAAP Financial Measures Asia Pacific Group Three Months Ended March 31, 2026 2025 Operating Income (GAAP) $ 11,180 $ 9,442 Depreciation and amortization 585 548 Share-based compensation expense 55 22 Adjusted EBITDA $ 11,820 $ 10,012 Segment Revenue $ 45,255 $ 41,901 Operating Income Margin (GAA
Slide 24: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months Ended March 31, 2026 2025 % Change Operating Income (GAAP) $ 66,728 $ 53,530 24.7% Depreciation and amortization 15,538 15,074 Share-based compensation expense 3,776 2,900 Portfolio Optimization Plan costs, before tax - 2,864 Adjusted EBITDA $ 86,042 $ 74,368
Slide 25: Non-GAAP Financial Measures
Non-GAAP Financial Measures Trailing Twelve Months Ended March 31, Debt 2026 2025 Short-term borrowings $ 232 $ 18,575 Long-term debt 767,558 683,266 (1) Credit Agreement adjustments (20,780) (21,165) Net Debt $ 747,010 $ 680,676 Operating income (GAAP) $ 220,326 $ 195,703 Depreciation and amortizat
Slide 26: Non-GAAP Financial Measures
Non-GAAP Financial Measures 2025 2025 2019 2019 As Reported Adjustments (1) Adjusted As Reported Adjustments (1) Adjusted Consolidated Revenue $ 1,612,111 - $ 1,612,111 $ 1,322,934 $ (143,172) $ 1,179,762 (1) Adjustments consist of revenues of the divested product lines. © Sensient Technologies 2026
Slide 27: Non-GAAP Financial Measures
Non-GAAP Financial Measures 2019 - 2025 Foreign 6 Year CAGR 6 Year CAGR Exchange Local Currency (1) Asia Pacific As Reported 0.0% Rates 7.7% Adjustments (1.6%) Adjusted 7.6% Consolidated Revenue 3.3% (0.3%) (2.0%) 5.6% (1) Adjustments consist of revenues of the divested product lines. © Sensient Tec
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