Form 10-Q · Quarterly report
Ecolab 10-Q, filed Oct 29, 2026
- Filed
- CIK
- 0000031462
- Accession no.
- 0001628280-26-068208
Summary
Ecolab reported third-quarter 2026 net sales of $4.69 billion, up 13% from a year earlier, with organic sales up 7% and adjusted operating income up 14% to $893.4 million. Ecolab attributed a rise in net interest expense to $124.8 million from $55.3 million to the financing of its Ovivo Electronics and CoolIT Systems acquisitions, and said its One Ecolab restructuring program has delivered $217 million in cumulative cost savings.
Key points
- Reported GAAP net sales rose 13% to $4,694.8 million in the third quarter of 2026 and 11% to $13,176.3 million for the first nine months, with organic sales up 7% and 5% respectively.
- Reported gross margin was 44.1% in the third quarter of 2026 versus 44.8% a year earlier, while organic gross margin rose to 44.9% from 44.8% as pricing offset higher commodity costs.
- Special (gains) and charges were $82.9 million ($0.23 per diluted share) in the quarter, mainly for the One Ecolab initiative and acquisition and integration activities.
- Ecolab expects total One Ecolab restructuring costs of $328 million and special charges of $97 million by the end of 2027, with estimated annualized cost savings of $325 million in continuing operations by 2027.
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 RESULTS OF OPERATIONS Net Sales Third Quarter Ended Nine Months Ended September 30 September 30 (millions) 2026 2025 Change 2026 2025 Change Product and equipment sales $3,697.4 $3,262.6 $10,321.4 $9,321.3 Service and lease sales 997.4 902.4 2,854.9 2,563.9 Reported GAAP net sales 4,694.8 4,165.0 13 % 13,176.3 11,885.2 11 % Effect of foreign currency translation 2.4 9.9 (20.8) 202.8 Non-GAAP fixed currency sales 4,697.2 4,174.9 13 % 13,155.5 12,088.0 9 % Effect of acquisitions and divestitures (244.9) - (463.8) - Non-GAAP organic sales $4,452.3 $4,174.9 7 % $12,691.7 $12,088.0 5 % Product and sold equipment revenue is generated from providing cleaning…
An excerpt of the text as filed with the SEC, cut for length.
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