Ecolab Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on October 29, 2026, reporting consolidated financial results for its third quarter and first nine months of the fiscal year.

Key Highlights

  • Third-quarter net sales: $4,694.8 million, compared with $4,165.0 million in the third quarter of 2025, according to the filing.
  • Third-quarter net income attributable to Ecolab: $551.3 million, down from $585.0 million in the prior-year quarter.
  • Diluted earnings per share (Q3 2026): $1.95, versus $2.05 in Q3 2025.
  • Nine-month net sales: $13,176.3 million for the first nine months of 2026, compared with $11,885.2 million for the same period in 2025.
  • Total assets: $31,107.9 million as of September 30, 2026, up from $24,696.3 million at December 31, 2025.
  • Goodwill increased sharply: to $12,687.6 million from $9,227.0 million at year-end 2025, reflecting acquisition activity in the period.
  • Shares outstanding: 280,467,785 shares of common stock as of September 30, 2026.

Ecolab's Third-Quarter 2026 Revenue and Earnings Details

According to the filing, Ecolab Inc. (NYSE:ECL), a Delaware-incorporated provider of water, hygiene, and infection prevention solutions headquartered in St. Paul, Minnesota, reported third-quarter 2026 net sales of $4,694.8 million. This total comprised product and equipment sales of $3,697.4 million and service and lease sales of $997.4 million. Operating income for the quarter was $810.5 million, compared with $760.2 million in the third quarter of 2025. The company recorded special charges of $81.4 million in the quarter, versus $26.2 million in the prior-year period.

The filing disclosed that net interest expense, net rose to $124.8 million in Q3 2026 from $55.3 million in Q3 2025, contributing to a decline in income before income taxes to $694.5 million from $717.7 million. The provision for income taxes was $140.1 million for the third quarter of 2026. For the nine months ended September 30, 2026, net income attributable to Ecolab was $1,518.8 million, with diluted earnings per share of $5.37, compared with $5.30 for the same period in 2025.

On the balance sheet, total assets grew to $31,107.9 million at September 30, 2026 from $24,696.3 million at December 31, 2025. Long-term debt increased to $11,915.3 million from $7,365.9 million over the same interval. The cash flow statement showed that acquisitions and investments in affiliates, net of cash acquired, consumed $4,683.1 million in the first nine months of 2026, compared with $0.5 million in the corresponding prior-year period. Cash provided by operating activities was $1,939.1 million for the nine months ended September 30, 2026, up from $1,862.5 million a year earlier. Capital expenditures totaled $902.0 million for the nine-month period. The company also repurchased $672.1 million of shares and paid $628.7 million in dividends during the first nine months of 2026, as reported in the filing.

What Was Disclosed

Ecolab filed its quarterly report covering the period ended September 30, 2026, disclosing income statements, balance sheets, and cash flow data. The filing reflects significant acquisition spending, higher debt levels, and year-over-year growth in net sales across both product and service revenue lines.