SXT Q1 revenue up 11% to $435.8M; operating margin expands 170bp as restructuring completes

Filed May 5, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 6, 2025 · ~1 min read

Key Changes

• high

  Revenue grew 11.1% to $435.8M driven by higher volumes, favorable pricing, and a 4% FX tailwind, accelerating sharply from 2.0% growth in the prior-year period.

  MD&A: Revenue Growth verify on EDGAR →
• high

  Operating margin expanded 170 basis points to 15.3% as the Portfolio Optimization Plan completed with no restructuring costs in Q1 2026 vs. $2.9M in Q1 2025.

  MD&A: Operating Margin verify on EDGAR →
• high

  Supreme Court struck down 2025 tariffs as unconstitutional, but administration immediately imposed new 10-15% tariffs on all imports for 150 days; company expects to offset through pricing but warns of material risk if unable to do so or if demand falls.

  MD&A: Tariff Developments verify on EDGAR →