Aptargroup reported second-quarter 2026 results with revenue topping $1.03 billion, marking the first quarter above $1 billion and a 6% reported sales increase year-over-year. Reported net income was $88.0 million and diluted earnings per share were $1.36; adjusted diluted earnings per share were $1.42. Management disclosed an adjusted EBITDA margin of 20.7% and reiterated confidence in improving operational performance and demand across Pharma, Beauty and Closures.

Financial Highlights

  • Revenue (Net Sales): $1,026.5 million for the three months ended June 30, 2026 (6% reported increase vs. prior year quarter).
  • Reported Net Income: $88.0 million for the quarter; Net income attributable to Aptargroup was $87.6 million.
  • Diluted EPS (reported): $1.36 for the quarter; Diluted EPS (six months): $2.48.
  • Adjusted Diluted EPS: $1.42 for the quarter; six-month adjusted EPS was $2.61.
  • Adjusted EBITDA: $212.6 million for the quarter, representing an adjusted EBITDA margin of 20.7% (down from 22.6% in the prior-year quarter).

Business Highlights

  • Segment revenue growth: Pharma reported sales up 4%, Beauty up 10%, and Closures up 7% for the quarter (core sales growth: Pharma 1%, Beauty 1%, Closures 4%).
  • Pharma noted strong demand across consumer healthcare, injectables and prescription dispensing (excluding emergency medicine), with high single-digit core growth when adjusting for emergency medicine destocking.
  • Beauty saw strength in prestige fragrance dispensing, color cosmetics and hair care applications; acquisitions contributed to reported Beauty growth.
  • Closures benefited from robust beverage demand—particularly bottled water—and momentum from a new dispensing closure innovation; some temporary headwinds from ramping new production lines and maintenance impacted margins.
  • Operational focus: management highlighted actions to enhance operational performance, ongoing productivity and royalty benefits in Pharma, and continued integration of recent acquisitions supporting demand across key franchises.

Original SEC Filing:

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