拜切 2025年度报告

FORM 10-K (Mark One) ☑ANNUAL REPORT PURSUANT TO SECTION 13 OR SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December31, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _____ to _____ Commission file number: 1-13648_______________________________________________________________________________________________________________ Balchem Corporation(Exact name of Registrant as specified in its charter) Maryland13-2578432(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification Number) 5 Paragon Drive, Montvale, NJ 07645(Address of principal executive offices) (Zip Code)Registrant’s telephone number, including area code: (845) 326-5600Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark whether the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☑No☐ Indicate by check mark whether the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.Yes☐No☑ Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or such shorter period that the Registrant was required to file such reports), and (2)has been subject 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 wasrequired to 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 reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):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 forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report.☑ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☑ The aggregate market value of the common stock, par value $.06-2/3 per share (the “Common Stock”), issued and outstanding and held bynon-affiliates of the Registrant, based upon the closing price for the Common Stock on the NASDAQ Stock Market LLC on June 30, 2025was approximately $5,138,000,000. For purposes of this calculation, shares of the Registrant held by directors and officers of theRegistrant and under the Registrant’s 401(k)/profit sharing plan have been excluded. The number of shares outstanding of Common Stock was 32,025,392 as of February6, 2026. DOCUMENTS INCORPORATED BY REFERENCESelected portions of the Registrant’s proxy statement for its 2026 Annual Meeting of Shareholders (the “2026 Proxy Statement”) to be filed with the Securities and Exchange Commission pursuant to Regulation 14A within 120 days after Registrant’s fiscal year-end ofDecember31, 2025 are incorporated by reference in Part III of this Annual Report on Form 10-K to the extent stated therein. Cautionary Statement Regarding Forward-Looking Statements Certain statements in this Annual Report on Form 10-K, other than purely historical information, are “forward-looking statements” withinthe meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of theSecurities Exchange Act of 1934, as amended. Forward-looking statements are not statements of historical facts, but rather reflect ourcurrent