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Side-by-side financial comparison of Ingevity Corp (NGVT) and Opera Ltd (OPRA). Click either name above to swap in a different company.

Ingevity Corp is the larger business by last-quarter revenue ($185.4M vs $142.7M, roughly 1.3× Opera Ltd). Opera Ltd runs the higher net margin — 12.8% vs -45.6%, a 58.4% gap on every dollar of revenue.

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.

Opera is a multinational technology corporation headquartered in Oslo, Norway, with additional offices in Europe, China, and Africa. Opera offers a range of products and services that include PC and mobile web browsers, GameMaker and gaming portals, the Opera News content recommendation products, the Opera Ads platform, and a number of Web3 and e-commerce products and services. The company's total user base is 296 million monthly active users.

NGVT vs OPRA — Head-to-Head

Bigger by revenue
NGVT
NGVT
1.3× larger
NGVT
$185.4M
$142.7M
OPRA
Higher net margin
OPRA
OPRA
58.4% more per $
OPRA
12.8%
-45.6%
NGVT

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
NGVT
NGVT
OPRA
OPRA
Revenue
$185.4M
$142.7M
Net Profit
$-84.6M
$18.3M
Gross Margin
41.2%
Operating Margin
-47.7%
14.8%
Net Margin
-45.6%
12.8%
Revenue YoY
36.7%
Net Profit YoY
-609.6%
EPS (diluted)
$-2.33

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
NGVT
NGVT
OPRA
OPRA
Q4 25
$185.4M
Q3 25
$333.1M
Q2 25
$365.1M
Q1 25
$284.0M
$142.7M
Q4 24
$135.6M
Q3 24
$333.8M
Q2 24
$390.6M
$211.6M
Q1 24
$340.1M
Net Profit
NGVT
NGVT
OPRA
OPRA
Q4 25
$-84.6M
Q3 25
$43.5M
Q2 25
$-146.5M
Q1 25
$20.5M
$18.3M
Q4 24
$16.6M
Q3 24
$-107.2M
Q2 24
$-283.7M
$34.1M
Q1 24
$-56.0M
Gross Margin
NGVT
NGVT
OPRA
OPRA
Q4 25
41.2%
Q3 25
40.2%
Q2 25
37.8%
Q1 25
39.9%
Q4 24
81.3%
Q3 24
39.4%
Q2 24
31.5%
Q1 24
29.3%
Operating Margin
NGVT
NGVT
OPRA
OPRA
Q4 25
-47.7%
Q3 25
18.7%
Q2 25
-39.1%
Q1 25
9.4%
14.8%
Q4 24
Q3 24
33.0%
Q2 24
25.9%
19.6%
Q1 24
22.6%
Net Margin
NGVT
NGVT
OPRA
OPRA
Q4 25
-45.6%
Q3 25
13.1%
Q2 25
-40.1%
Q1 25
7.2%
12.8%
Q4 24
12.2%
Q3 24
-32.1%
Q2 24
-72.6%
16.1%
Q1 24
-16.5%
EPS (diluted)
NGVT
NGVT
OPRA
OPRA
Q4 25
$-2.33
Q3 25
$1.18
Q2 25
$-4.02
Q1 25
$0.56
Q4 24
$0.44
Q3 24
$-2.94
Q2 24
$-7.81
Q1 24
$-1.54

Balance Sheet & Financial Strength

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

Metric
NGVT
NGVT
OPRA
OPRA
Cash + ST InvestmentsLiquidity on hand
$78.1M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$29.7M
Total Assets
$1.7B
Debt / EquityLower = less leverage
39.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGVT
NGVT
OPRA
OPRA
Q4 25
$78.1M
Q3 25
$83.4M
Q2 25
$76.9M
Q1 25
$71.5M
Q4 24
$68.0M
Q3 24
$135.5M
Q2 24
$107.4M
Q1 24
$88.5M
Total Debt
NGVT
NGVT
OPRA
OPRA
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
NGVT
NGVT
OPRA
OPRA
Q4 25
$29.7M
Q3 25
$138.1M
Q2 25
$120.7M
Q1 25
$234.6M
Q4 24
$195.2M
Q3 24
$214.5M
Q2 24
$284.8M
Q1 24
$568.2M
Total Assets
NGVT
NGVT
OPRA
OPRA
Q4 25
$1.7B
Q3 25
$1.8B
Q2 25
$1.9B
Q1 25
$2.1B
Q4 24
$2.0B
Q3 24
$2.2B
Q2 24
$2.3B
Q1 24
$2.6B
Debt / Equity
NGVT
NGVT
OPRA
OPRA
Q4 25
39.10×
Q3 25
8.39×
Q2 25
10.24×
Q1 25
5.68×
Q4 24
6.86×
Q3 24
6.52×
Q2 24
4.92×
Q1 24
2.48×

Cash Flow & Capital Efficiency

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

Metric
NGVT
NGVT
OPRA
OPRA
Operating Cash FlowLast quarter
$97.1M
Free Cash FlowOCF − Capex
$73.5M
FCF MarginFCF / Revenue
39.6%
Capex IntensityCapex / Revenue
12.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$273.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGVT
NGVT
OPRA
OPRA
Q4 25
$97.1M
Q3 25
$129.7M
Q2 25
$79.0M
Q1 25
$25.4M
Q4 24
$64.5M
Q3 24
$46.5M
Q2 24
$29.7M
Q1 24
$-12.1M
Free Cash Flow
NGVT
NGVT
OPRA
OPRA
Q4 25
$73.5M
Q3 25
$117.8M
Q2 25
$66.8M
Q1 25
$15.4M
Q4 24
$39.6M
Q3 24
$28.5M
Q2 24
$11.6M
Q1 24
$-28.7M
FCF Margin
NGVT
NGVT
OPRA
OPRA
Q4 25
39.6%
Q3 25
35.4%
Q2 25
18.3%
Q1 25
5.4%
Q4 24
29.2%
Q3 24
8.5%
Q2 24
3.0%
Q1 24
-8.4%
Capex Intensity
NGVT
NGVT
OPRA
OPRA
Q4 25
12.7%
Q3 25
3.6%
Q2 25
3.3%
Q1 25
3.5%
Q4 24
18.4%
Q3 24
5.4%
Q2 24
4.6%
Q1 24
4.9%
Cash Conversion
NGVT
NGVT
OPRA
OPRA
Q4 25
Q3 25
2.98×
Q2 25
Q1 25
1.24×
Q4 24
3.89×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NGVT
NGVT

Performance Materials$151.2M82%
Advanced Polymer Technologies Segment$36.5M20%

OPRA
OPRA

Segment breakdown not available.

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