Kimberly-Clark Reports Third Quarter 2026 Financial Results and Reaffirms Full-Year Outlook

Kimberly-Clark Corporation (NASDAQ: KMB), a global leader in personal care and consumer health products, today announced its financial results for the third quarter ended September 30, 2026, reporting net sales of $4.1 billion and adjusted earnings per share (EPS) from continuing operations of $1.70.

The company continued to demonstrate operational resilience through innovation-driven growth initiatives and productivity improvements despite market challenges, including disruptions in China and unfavorable pricing pressures.

Third Quarter Financial Highlights

• Net Sales: $4.134 billion, representing a 0.4% decrease compared with the prior-year quarter.

• Organic Sales: Declined 1.3% year over year.

• Gross Margin: 34.9%, compared with 36.0% in the prior-year period.

• Operating Profit: $516 million, compared with $621 million in the third quarter of 2025.

• Adjusted Operating Profit: $677 million.

• Diluted EPS from Continuing Operations: $1.19, compared with $1.01 in the prior-year period.

• Adjusted EPS from Continuing Operations: $1.70, an increase of 17.2% year over year.

• Net Income: $1.8 billion, including income from discontinued operations associated with the completed IFP transaction.

Nine-Month Financial Performance

For the first nine months of 2026, Kimberly-Clark reported net sales of $12.5 billion, an increase of 1.0% compared with the same period in 2025.

Operating profit reached $1.9 billion, increasing 3.1% year over year. Adjusted operating profit increased 3.0% to $2.166 billion, supported by productivity improvements and favorable currency impacts.

Adjusted diluted EPS from continuing operations increased 8.5% to $5.10, compared with $4.70 in the prior-year period.

Cash provided by operations reached $2.4 billion during the first nine months, compared with $1.8 billion in 2025. The company also returned approximately $1.3 billion to shareholders through dividends.

Business and Strategic Developments

Kimberly-Clark completed its acquisition of Kenvue on November 2, 2026, marking a significant milestone in the company's strategic development.

The combination represents an important opportunity to strengthen its position in consumer health and personal care markets, expand its portfolio of established brands, and pursue long-term growth opportunities.

The company also continued executing its productivity and transformation initiatives, focusing on operational efficiency, innovation, and sustainable business performance.

Management Commentary

Kimberly-Clark Chairman and Chief Executive Officer Mike Hsu highlighted the company's strategic progress and the opportunities created by the Kenvue transaction.

He emphasized the company's commitment to delivering better care, expanding its global reach, and applying its established operational capabilities across the combined business.

Management also expressed confidence in the company's innovation capabilities, productivity improvements, and long-term value creation strategy.

2026 Financial Outlook

Kimberly-Clark reaffirmed its full-year 2026 financial outlook:

• Organic sales growth is expected to be approximately 100 basis points below weighted average category growth, which is approximately 1.7% on a trailing twelve-month basis.

• Adjusted operating profit is expected to grow at a mid-single-digit rate on a constant-currency basis.

• Adjusted EPS from continuing operations is expected to grow at a high-single-digit rate on a constant-currency basis.

• Adjusted EPS attributable to Kimberly-Clark is expected to decline at a low-single-digit rate on a constant-currency basis.

The company noted that its outlook remains subject to changes in the macroeconomic environment and other business conditions.

About Kimberly-Clark

Kimberly-Clark Corporation (NASDAQ: KMB) is a global health and wellness company with a portfolio of recognized personal care and consumer health brands, including Huggies, Kleenex, Kotex, Scott, Cottonelle, and Depend.

The company's products serve consumers in more than 175 countries. Kimberly-Clark focuses on consumer-led innovation, brand development, operational excellence, and sustainable business practices to improve the quality of care for people around the world.