ECOLAB INC. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Ecolab delivered solid Q1 2026 results with revenue up 10.0% YoY to $4.07B and operating income rising 12.0% to $622M, though cash balances declined sharply and current liabilities surged 32.3%, tightening near-term liquidity.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 10.0% year-over-year to $4.07B in Q1 2026 (from $3.70B in Q1 2025), reflecting broad-based demand across Ecolab's cleaning, sanitizing, and water treatment segments. This growth rate outpaces the prior year's base, suggesting continued pricing power and volume gains.
Operating income increased 12.0% YoY to $622M, slightly outpacing revenue growth of 10.0%, which pushed operating margin modestly higher to 15.3% from 15.0%. SG&A expenses grew at a more modest 5.0% YoY to $1.10B, demonstrating disciplined cost control relative to top-line expansion.
Cost of revenue rose 11.4% YoY to $2.30B, marginally faster than the 10.0% revenue growth rate, indicating modest gross margin compression. This reflects ongoing input cost pressures that partially offset the benefits of revenue growth.
Revenue
$4.07B
++10.04% YoY
EPS (Basic)
$1.53
++7.75% YoY
Operating Income
$622M
++12.01% YoY
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