Inter Parfums (IPAR) Q3 2026 earnings summary

Executive summary

• Q3 net sales were flat at $429.5M; operating income rose to $117.9M from $108.6M, and net income attributable to common shareholders reached $68.2M versus $65.8M.

• Nine-month sales increased 1% to $1,115.4M; attributable net income rose to $142.1M from $140.3M, and diluted EPS reached $4.43 versus $4.36.

• FY2026 sales guidance increased from €1.48B to ~€1.49B; diluted EPS guidance remained $4.85.

Financial highlights

• Q3 gross profit was $288.2M versus $272.8M; nine-month gross profit was $736.4M versus $709.9M.

• Q3 net income attributable to common shareholders rose 4% to $68.2M; diluted EPS was $2.13 versus $2.05.

• Nine-month operating income was $240.9M versus $242.8M; attributable net income was $142.1M versus $140.3M.

• Q3 SG&A was $170.3M versus $164.3M; nine-month SG&A was $495.4M versus $467.1M, reflecting higher employee, royalty, logistics and marketing costs.

Outlook and guidance

• FY2026 sales guidance rose from €1.48B to ~€1.49B; diluted EPS guidance remained $4.85, including tariff-refund benefits.

• Delayed gift-set shipments shifted ~$10M of U.S.-based sales into Q4; excluding this timing impact, Q3 U.S. sales would have been flat and nine-month growth 6%.

• Full-year advertising and promotional spending is expected to approach ~21% of sales as tariff refunds are reinvested in marketing and brand support.

• Management cited major launches, brand additions and productivity initiatives as supports for a measured, positive outlook for 2027 and 2028; initial FY2027 guidance was scheduled for November 18, 2026.