Turpaz Industries has reported record second-quarter and first-half 2026 results, with double-digit growth across key financial metrics as organic expansion combined with contributions from recent acquisitions. The flavor, fragrance and specialty ingredients company reported first-half revenue of $173.9 million, up 40.5%, including 8.1% organic growth excluding currency effects. Second-quarter revenue rose 42.3% to $90.2 million, with organic growth of 7.3%.
Profitability also strengthened. First-half gross profit increased 50.2% to $72.5 million, while gross margin expanded to 41.7% from 39.0%. Adjusted EBITDA rose 41.6% to $40.0 million, and net income jumped 80.9% to $19.2 million. In the second quarter, adjusted EBITDA increased 40.9% to $20.6 million and net income climbed 56.4% to $8.2 million.
Turpaz said the growth reflects the integration of acquisitions completed in 2025 and the first half of 2026, alongside organic growth, cross-selling and operational synergies. Following acquisitions in the U.S. and France, the company said its current annual revenue run-rate is approximately $380 million.
Since 2017, Turpaz has completed 28 acquisitions, underscoring the role of M&A in its strategy to expand its geographic footprint and capabilities.
