Form 10-Q · Quarterly report
Mettler Toledo 10-Q, filed Jul 31, 2026
- Filed
- CIK
- 0001037646
- Accession no.
- 0001037646-26-000051
Summary
Mettler Toledo reported second-quarter 2026 net sales of $1.03 billion and net earnings of $232.9 million, up from $983.2 million and $202.3 million a year earlier, aided by a $52.4 million one-time IEEPA tariff refund that was partly offset by $27.8 million in customer refunds. The company said the U.S. Supreme Court invalidated IEEPA tariffs in February 2026, new Section 301 tariffs took effect in July 2026, and global trade disputes and the Iran War create uncertainty.
Key points
- Mettler Toledo reported second-quarter 2026 net sales of $1,027.3 million and net earnings of $232.9 million, compared with $983.2 million and $202.3 million a year earlier.
- A one-time $52.4 million IEEPA tariff-related refund reduced cost of sales, partly offset by $27.8 million in tariff-related customer refunds that reduced net sales.
- The U.S. Supreme Court invalidated IEEPA tariffs in February 2026, and new Section 301 tariffs took effect on July 23, 2026, including 12.5% rates on imports from Switzerland and China and 10% rates on imports from the European Union, United Kingdom, and non-USMCA Mexico.
- Mettler Toledo estimated it incurred about $50 million in costs from 2025 incremental tariffs before mitigation actions and said it implemented actions to offset current incremental tariffs in 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the Unaudited Interim Consolidated Financial Statements included herein. General Our interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America. Operating results for the three and six months ended June 30, 2026 are not necessarily indicative of the results to be expected for the full year ending December 31, 2026. …
An excerpt of the text as filed with the SEC, cut for length.
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