Ingevity CorpNGVTEarnings & Financial Report
Ingevity Corp is a global specialty chemicals and advanced materials manufacturer. It produces high-performance carbon materials, pavement preservation solutions, and specialty chemicals, serving automotive emissions control, industrial purification, road infrastructure, and agricultural input markets across North America, Europe, and Asia Pacific.
Revenue
$390.6M
Gross Profit
$123.2M
Operating Profit
$101.3M
Net Profit
$-283.7M
Gross Margin
31.5%
Operating Margin
25.9%
Net Margin
-72.6%
YoY Growth
-18.9%
EPS
$-7.81
Ingevity Corp Q2 FY2024 Financial Summary
Ingevity Corp reported revenue of $390.6M (down 18.9% YoY) for Q2 FY2024, with a net profit of $-283.7M (down 899.2% YoY) (-72.6% margin). Cost of goods sold was $267.4M, operating expenses totaled $21.9M.
Key Financial Metrics
| Total Revenue | $390.6M |
|---|---|
| Net Profit | $-283.7M |
| Gross Margin | 31.5% |
| Operating Margin | 25.9% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Ingevity Corp Q2 FY2024 revenue of $390.6M breaks down across 4 segments, led by Performance Materials at $157.2M (40.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Performance Materials | $157.2M | 40.2% |
| Pavement Technologies | $129.1M | 33.1% |
| Industrial Specialties | $56.4M | 14.4% |
| Advanced Polymer Technologies Segment | $47.9M | 12.3% |
Ingevity Corp Revenue by Segment — Quarterly Trend
Ingevity Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Performance Materials and Pavement Technologies) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Performance Materials | $151.2M | $155.0M | $153.9M | $146.8M |
| Pavement Technologies | — | — | $119.5M | $44.3M |
| Industrial Specialties | — | — | $48.4M | $50.7M |
| Advanced Polymer Technologies Segment | $36.5M | $38.2M | $43.3M | $42.2M |
Ingevity Corp Annual Revenue by Year
Ingevity Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.2B |
| 2024 | $1.2B |
| 2023 | $1.2B |
| 2022 | $1.7B |
Ingevity Corp Quarterly Revenue & Net Profit History
Ingevity Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $185.4M | +36.7% | $-84.6M | -45.6% |
| Q3 FY2025 | $333.1M | -0.2% | $43.5M | 13.1% |
| Q2 FY2025 | $365.1M | -6.5% | $-146.5M | -40.1% |
| Q1 FY2025 | $284.0M | -16.5% | $20.5M | 7.2% |
| Q4 FY2024 | $135.6M | +229.3% | $16.6M | 12.2% |
| Q3 FY2024 | $333.8M | -25.2% | $-107.2M | -32.1% |
| Q2 FY2024 | $390.6M | -18.9% | $-283.7M | -72.6% |
| Q1 FY2024 | $340.1M | -13.4% | $-56.0M | -16.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $340.1M | $390.6M | $333.8M | $135.6M | $284.0M | $365.1M | $333.1M | $185.4M |
| YoY Growth | -13.4% | -18.9% | -25.2% | 229.3% | -16.5% | -6.5% | -0.2% | 36.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.57B | $2.28B | $2.21B | $2.02B | $2.06B | $1.88B | $1.83B | $1.65B |
| Liabilities | $2.00B | $1.99B | $2.00B | $1.83B | $1.82B | $1.76B | $1.70B | $1.62B |
| Equity | $568.2M | $284.8M | $214.5M | $195.2M | $234.6M | $120.7M | $138.1M | $29.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-12.1M | $29.7M | $46.5M | $64.5M | $25.4M | $79.0M | $129.7M | $97.1M |