AI-extracted from the 10-Q filed 2026-07-31 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net sales rose 4% YoY to $1,027.3M as a one-time $52.4M IEEPA tariff refund lifted gross margin to 63.3% (59.3% excluding the benefit), while the U.S. Operations segment declined 5% on weaker food retail project activity.
Biggest Revenue Drivers
U.S. Operations$352.5M-5% YoY
Strong growth in process analytics, analytical instruments and laboratory balances, offset by a significant decline in food retail project activity; includes $27.8M tariff-related customer refunds.
Western European Operations$227.0M+7% YoY
Growth in most product categories, especially food retailing.
Biggest Revenue Drivers
Total revenue: $1,027.3M+4% YoY
U.S. Operations$352.5M-5% YoY
Strong growth in process analytics, analytical instruments and laboratory balances, offset by a significant decline in food retail project activity; includes $27.8M tariff-related customer refunds.
Western European Operations$227.0M+7% YoY
Growth in most product categories, especially food retailing.
Other Operations$204.1M+9% YoY
Strong growth in process analytics, laboratory balances and analytical instruments, as well as core industrial.
Chinese Operations$187.2M+16% YoY
Particularly strong growth in industrial products.
Swiss Operations$56.5M+14% YoY
Growth in most product categories, especially laboratory products.
Largest Expense Items
Selling, general and administrative$263.3M+6% YoY
Sales and marketing investments, partly offset by cost savings initiatives.
Research & development$53.0M+8% YoY
Increased 3% in local currencies versus prior-year period.
Amortization$19.4M+10% YoY
Interest expense$17.2M+3% YoY
Margins: Gross margin was 63.3% vs 59.0% a year ago, boosted by the one-time $52.4M tariff refund; excluding that benefit, gross margin was 59.3% vs 59.0%, reflecting favorable price realization, lower tariff costs and SternDrive program benefits, offset by unfavorable currency and higher transportation costs.
Watch Items from the Filing
A one-time $52.4M IEEPA tariff refund reduced cost of sales while $27.8M in related customer refunds reduced net sales in the quarter, distorting underlying margin comparability.
New Section 301 tariffs took effect July 23, 2026 (12.5% on Switzerland/China; 10% on EU, UK and non-USMCA Mexico), replacing expired Section 122 tariffs and creating renewed cost uncertainty.
U.S. Operations segment net sales to external customers fell 5% YoY, driven by a significant decline in food retail project activity.
Chinese Operations external sales grew 16% YoY (9% organic local currency), driven by particularly strong industrial product demand.
Company has $3.2 billion remaining under its share repurchase authorization and spent $412.5M repurchasing shares in H1 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Officers, directors and 10% owners with a Form 4 filed in the last 24 months, most recent first. From SEC EDGAR.
Shuman-Fabbri NataliaDirectorGrant or award · Aug 28, 2026
Kaltenbach PatrickPresident and CEOOption exercise · Aug 27, 2026
Salice Thomas PDirectorOption exercise · Aug 5, 2026
Vadala ShawnChief Financial OfficerOption exercise · Aug 3, 2026
Keller GerryHead of Process AnalyticsOption exercise · Aug 3, 2026
Graham-Bryce SusanChief Human Resources OfficerGrant or award · May 12, 2026
Wittorf OliverHead of PI, Retail, and GSCGrant or award · May 12, 2026
Wong Ann Ping RichardHead of Asia & PacificGrant or award · May 12, 2026
Tokich Michael JDirectorGrant or award · Feb 17, 2026
Congress trading in MTD
9 transactions in MTD reported by 5 members of Congress under the STOCK Act, most recent trade Dec 8, 2025. Reported transactions, not recommendations.
About METTLER TOLEDO INTERNATIONAL INC/ (MTD): stock profile, AI score and financials
METTLER TOLEDO INTERNATIONAL INC/ (MTD) stock profile, AI quality score, and SEC EDGAR financial data, a Healthcare sector company. 13F Pro's AI-powered ranking engine scores MTD at 70.2/100 on a composite quality score built from its SEC filings, placing it at rank #216 of 2,925 stocks — the top 10% of the AI-ranked universe. MTD scores in the top quartile across balance sheet strength (97.6), institutional flow (92.0), profitability (81.7). Based on the latest XBRL financial filings (Q2 2026), METTLER TOLEDO INTERNATIONAL INC/ reports quarterly revenue of $1.0B, net income of $232.9M, an operating margin of 28.2%. Top institutional holders of MTD by reported 13-F value include BlackRock, Capital International Investors, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. MTD trades on the NYSE exchange and files with the SEC under CIK 1037646. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MTD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for METTLER TOLEDO INTERNATIONAL INC/ directly from SEC EDGAR.