丘奇&德怀特 2025年季度报告

(MARK ONE)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarter endedSeptember 30,2025OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period fromtoCommission file number1-10585 CHURCH & DWIGHT CO., INC. (Exact name of registrant as specified in its charter) Delaware13-4996950(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.) 500 Charles Ewing Boulevard,Ewing,NJ08628(Address of principal executive offices) Registrant’s telephone number, including area code: (609)806-1200 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding twelve months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was requiredto submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of October 29, 2025, there were240,130,071shares of Common Stock outstanding. TABLE OF CONTENTS PART I Item1.Financial Statements32.Management’s Discussion and Analysis of Financial Condition and Results of Operations253.Quantitative and Qualitative Disclosures about Market Risk354.Controls and Procedures35 PART II 1.Legal Proceedings1A.Risk Factors2.Unregistered Sales of Equity Securities and Use of Proceeds5.Other Information6.Exhibits 39 CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)(Unaudited)(In millions, except per share data) CONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited)(In millions, except share and per share data) CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW(Unaudited)(In millions) CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW-CONTINUED(Unaudited)(In millions) CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(Unaudited)(In millions) CHURCH & DWIGHT CO., INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited)(In millions, except per share data) 1.Basis of Presentation These condensed consolidated financial statements have been prepared by Church & Dwight Co., Inc. (the “Company”). Inthe opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly thefinancial position and results of operations and cash flows for all periods presented have been made. Results of operations forinterim periods may not be representative of results expected for the full year. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generallyaccepted accounting principles (“GAAP”) in the United States have been condensed or omitted. These condensed consolidatedfinancial statements should be read in conjunction with the financial statements and notes thereto included in the Company’sAnnual Report on Form 10-K for the year ended December 31, 2024 (the “Form 10-K”). The Company incurred research and development expenses in the third quarter of 2025 and 2024 of $36.2and $36.0,respectively. The Company incurred research and development expenses in the first nine months of2025 and 2024 of$104.8and$99.1, respectively. These expenses are included in selling, general and administrative (“SG&A”) expenses. 2.New Accounting Pronouncements Recently Adopted Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable SegmentDisclosures intended to improve reportable segment disclosure requirements, primarily through enhanced disclosures aboutsignificant expenses. The amendments require public entities to disclose significant segment ex