ECL · 10-Q · 2026Q2 · Full report

Institutional Specialty Demand

ECOLAB INC. · 2026-08-06 · Importance 43 · Surprise 32

Global Institutional & Specialty organic sales increased 4% in both the second quarter and first six months of 2026, reflecting improved Institutional growth and strong Specialty performance. Institutional organic sales rose 3% and 2%, respectively, as continued hospitality growth more than offset softer hospital sales. Specialty organic sales increased 6% and 7% on new business wins and continued pricing despite softer industry trends. Higher supply-chain costs, including commodity inflation, partially offset pricing benefits and business investments.

Key facts

• Global Institutional & Specialty organic operating income margins increased 0.5 percentage points in Q2 2026 due to a 3.0 point positive impact from accelerating pricing partially offset by a 2.2 point impact from higher supply chain costs. source
• Global Institutional & Specialty fixed currency and organic sales increased 4% in both Q2 2026 and the first six months of 2026. source
• Global Institutional & Specialty fixed currency operating income margin in Q2 2026 was 24.1% and in Q2 2025 was 23.6%. source