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Side-by-side financial comparison of INNOSPEC INC. (IOSP) and Wendy's Co (WEN). Click either name above to swap in a different company.

Wendy's Co is the larger business by last-quarter revenue ($523.5M vs $453.2M, roughly 1.2× INNOSPEC INC.). Wendy's Co runs the higher net margin — 7.5% vs 6.8%, a 0.7% gap on every dollar of revenue. On growth, INNOSPEC INC. posted the faster year-over-year revenue change (2.8% vs -3.2%). Over the past eight quarters, INNOSPEC INC.'s revenue compounded faster (2.1% CAGR vs -4.2%).

Innospec Inc., formerly known as Octel Corporation and Associated Octel Company, Ltd., is an American specialty chemical company. It comprises three business units:The Performance Chemicals business trades in the personal care, home care, agrochemical, mining and industrial markets. The Fuel Specialties business specializes in manufacturing and supplying fuel additives. The Oilfield Services business supplies drilling, completion and production chemicals.

The Wendy's Company is an American fast food corporation and the holding company for Wendy's and First Kitchen. Originally founded as the Deisel-Wemmer Company, it is headquartered in Dublin, Ohio. The company's principal subsidiary, Wendy's International, is the franchisor of Wendy's restaurants.

IOSP vs WEN — Head-to-Head

Bigger by revenue
WEN
WEN
1.2× larger
WEN
$523.5M
$453.2M
IOSP
Growing faster (revenue YoY)
IOSP
IOSP
+6.0% gap
IOSP
2.8%
-3.2%
WEN
Higher net margin
WEN
WEN
0.7% more per $
WEN
7.5%
6.8%
IOSP
Faster 2-yr revenue CAGR
IOSP
IOSP
Annualised
IOSP
2.1%
-4.2%
WEN

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
IOSP
IOSP
WEN
WEN
Revenue
$453.2M
$523.5M
Net Profit
$30.8M
$39.2M
Gross Margin
27.3%
64.1%
Operating Margin
8.1%
15.9%
Net Margin
6.8%
7.5%
Revenue YoY
2.8%
-3.2%
Net Profit YoY
-8.3%
72.7%
EPS (diluted)
$1.22
$0.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IOSP
IOSP
WEN
WEN
Q1 26
$453.2M
$523.5M
Q4 25
$455.6M
$543.0M
Q3 25
$441.9M
$549.5M
Q2 25
$439.7M
$560.9M
Q1 25
$440.8M
$523.5M
Q4 24
$466.8M
$574.3M
Q3 24
$443.4M
$566.7M
Q2 24
$435.0M
$570.7M
Net Profit
IOSP
IOSP
WEN
WEN
Q1 26
$30.8M
$39.2M
Q4 25
$47.4M
$26.5M
Q3 25
$12.9M
$44.3M
Q2 25
$23.5M
$55.1M
Q1 25
$32.8M
$39.2M
Q4 24
$-70.4M
$47.5M
Q3 24
$33.4M
$50.2M
Q2 24
$31.2M
$54.6M
Gross Margin
IOSP
IOSP
WEN
WEN
Q1 26
27.3%
64.1%
Q4 25
28.0%
62.7%
Q3 25
26.4%
62.8%
Q2 25
28.0%
65.0%
Q1 25
28.4%
64.1%
Q4 24
29.2%
65.9%
Q3 24
28.0%
65.5%
Q2 24
29.2%
65.0%
Operating Margin
IOSP
IOSP
WEN
WEN
Q1 26
8.1%
15.9%
Q4 25
10.3%
11.8%
Q3 25
1.3%
16.8%
Q2 25
7.8%
18.6%
Q1 25
9.6%
15.9%
Q4 24
8.8%
16.7%
Q3 24
10.3%
16.7%
Q2 24
9.4%
17.4%
Net Margin
IOSP
IOSP
WEN
WEN
Q1 26
6.8%
7.5%
Q4 25
10.4%
4.9%
Q3 25
2.9%
8.1%
Q2 25
5.3%
9.8%
Q1 25
7.4%
7.5%
Q4 24
-15.1%
8.3%
Q3 24
7.5%
8.9%
Q2 24
7.2%
9.6%
EPS (diluted)
IOSP
IOSP
WEN
WEN
Q1 26
$1.22
$0.19
Q4 25
$1.90
$0.14
Q3 25
$0.52
$0.23
Q2 25
$0.94
$0.29
Q1 25
$1.31
$0.19
Q4 24
$-2.80
$0.23
Q3 24
$1.33
$0.25
Q2 24
$1.24
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IOSP
IOSP
WEN
WEN
Cash + ST InvestmentsLiquidity on hand
$289.1M
$300.8M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$1.4B
$117.4M
Total Assets
$1.8B
$5.0B
Debt / EquityLower = less leverage
23.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IOSP
IOSP
WEN
WEN
Q1 26
$289.1M
$300.8M
Q4 25
$292.5M
$300.8M
Q3 25
$270.8M
$291.4M
Q2 25
$266.6M
$281.2M
Q1 25
$299.8M
$335.3M
Q4 24
$289.2M
$450.5M
Q3 24
$303.8M
$482.2M
Q2 24
$240.2M
$465.5M
Total Debt
IOSP
IOSP
WEN
WEN
Q1 26
$2.8B
Q4 25
$2.8B
Q3 25
$2.7B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
Q2 24
Stockholders' Equity
IOSP
IOSP
WEN
WEN
Q1 26
$1.4B
$117.4M
Q4 25
$1.3B
$117.4M
Q3 25
$1.3B
$109.2M
Q2 25
$1.3B
$112.9M
Q1 25
$1.3B
$130.2M
Q4 24
$1.2B
$259.4M
Q3 24
$1.2B
$259.9M
Q2 24
$1.2B
$273.8M
Total Assets
IOSP
IOSP
WEN
WEN
Q1 26
$1.8B
$5.0B
Q4 25
$1.8B
$5.0B
Q3 25
$1.8B
$5.0B
Q2 25
$1.8B
$4.9B
Q1 25
$1.8B
$4.9B
Q4 24
$1.7B
$5.0B
Q3 24
$1.8B
$5.1B
Q2 24
$1.7B
$5.1B
Debt / Equity
IOSP
IOSP
WEN
WEN
Q1 26
23.51×
Q4 25
23.51×
Q3 25
24.95×
Q2 25
24.18×
Q1 25
21.00×
Q4 24
10.57×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IOSP
IOSP
WEN
WEN
Operating Cash FlowLast quarter
$17.6M
$85.4M
Free Cash FlowOCF − Capex
$68.0M
FCF MarginFCF / Revenue
13.0%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
0.57×
2.18×
TTM Free Cash FlowTrailing 4 quarters
$242.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IOSP
IOSP
WEN
WEN
Q1 26
$17.6M
$85.4M
Q4 25
$61.4M
$69.3M
Q3 25
$39.3M
$129.3M
Q2 25
$9.3M
$60.6M
Q1 25
$28.3M
$85.4M
Q4 24
$25.7M
$68.6M
Q3 24
$73.5M
$141.2M
Q2 24
$4.7M
$45.5M
Free Cash Flow
IOSP
IOSP
WEN
WEN
Q1 26
$68.0M
Q4 25
$46.8M
$31.4M
Q3 25
$25.0M
$104.3M
Q2 25
$-3.7M
$39.2M
Q1 25
$19.9M
$67.7M
Q4 24
$13.6M
$26.6M
Q3 24
$65.8M
$123.3M
Q2 24
$-6.2M
$28.4M
FCF Margin
IOSP
IOSP
WEN
WEN
Q1 26
13.0%
Q4 25
10.3%
5.8%
Q3 25
5.7%
19.0%
Q2 25
-0.8%
7.0%
Q1 25
4.5%
12.9%
Q4 24
2.9%
4.6%
Q3 24
14.8%
21.8%
Q2 24
-1.4%
5.0%
Capex Intensity
IOSP
IOSP
WEN
WEN
Q1 26
2.0%
Q4 25
3.2%
7.0%
Q3 25
3.2%
4.5%
Q2 25
3.0%
3.8%
Q1 25
1.9%
3.4%
Q4 24
2.6%
7.3%
Q3 24
1.7%
3.2%
Q2 24
2.5%
3.0%
Cash Conversion
IOSP
IOSP
WEN
WEN
Q1 26
0.57×
2.18×
Q4 25
1.30×
2.62×
Q3 25
3.05×
2.92×
Q2 25
0.40×
1.10×
Q1 25
0.86×
2.18×
Q4 24
1.44×
Q3 24
2.20×
2.81×
Q2 24
0.15×
0.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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