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Side-by-side financial comparison of Ingevity Corp (NGVT) and Tempus AI, Inc. (TEM). Click either name above to swap in a different company.

Tempus AI, Inc. is the larger business by last-quarter revenue ($367.2M vs $185.4M, roughly 2.0× Ingevity Corp). Tempus AI, Inc. runs the higher net margin — -14.8% vs -45.6%, a 30.9% gap on every dollar of revenue. On growth, Tempus AI, Inc. posted the faster year-over-year revenue change (83.0% vs 36.7%). Ingevity Corp produced more free cash flow last quarter ($73.5M vs $-41.5M). Over the past eight quarters, Tempus AI, Inc.'s revenue compounded faster (58.7% CAGR vs -26.2%).

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.

Tempus AI, Inc. is an American health technology company founded in 2015 by Eric Lefkofsky in Chicago, Illinois. It was established by Lefkofsky soon after his wife was diagnosed with breast cancer. Tempus uses data and artificial intelligence (AI) to create precision medicine services, including diagnostics, for oncology, cardiology, radiology, and depression. The company went public on the Nasdaq on June 14, 2024, under the ticker symbol "TEM."

NGVT vs TEM — Head-to-Head

Bigger by revenue
TEM
TEM
2.0× larger
TEM
$367.2M
$185.4M
NGVT
Growing faster (revenue YoY)
TEM
TEM
+46.3% gap
TEM
83.0%
36.7%
NGVT
Higher net margin
TEM
TEM
30.9% more per $
TEM
-14.8%
-45.6%
NGVT
More free cash flow
NGVT
NGVT
$115.0M more FCF
NGVT
$73.5M
$-41.5M
TEM
Faster 2-yr revenue CAGR
TEM
TEM
Annualised
TEM
58.7%
-26.2%
NGVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NGVT
NGVT
TEM
TEM
Revenue
$185.4M
$367.2M
Net Profit
$-84.6M
$-54.2M
Gross Margin
41.2%
Operating Margin
-47.7%
-16.7%
Net Margin
-45.6%
-14.8%
Revenue YoY
36.7%
83.0%
Net Profit YoY
-609.6%
-316.2%
EPS (diluted)
$-2.33
$-0.30

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
TEM
TEM
Q4 25
$185.4M
$367.2M
Q3 25
$333.1M
$334.2M
Q2 25
$365.1M
$314.6M
Q1 25
$284.0M
$255.7M
Q4 24
$135.6M
$200.7M
Q3 24
$333.8M
$180.9M
Q2 24
$390.6M
$166.0M
Q1 24
$340.1M
$145.8M
Net Profit
NGVT
NGVT
TEM
TEM
Q4 25
$-84.6M
$-54.2M
Q3 25
$43.5M
$-80.0M
Q2 25
$-146.5M
$-42.8M
Q1 25
$20.5M
$-68.0M
Q4 24
$16.6M
$-13.0M
Q3 24
$-107.2M
$-75.8M
Q2 24
$-283.7M
$-552.2M
Q1 24
$-56.0M
$-64.7M
Gross Margin
NGVT
NGVT
TEM
TEM
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
TEM
TEM
Q4 25
-47.7%
-16.7%
Q3 25
18.7%
-18.3%
Q2 25
-39.1%
-19.6%
Q1 25
9.4%
-26.9%
Q4 24
-25.3%
Q3 24
33.0%
-29.6%
Q2 24
25.9%
-321.4%
Q1 24
22.6%
-36.5%
Net Margin
NGVT
NGVT
TEM
TEM
Q4 25
-45.6%
-14.8%
Q3 25
13.1%
-23.9%
Q2 25
-40.1%
-13.6%
Q1 25
7.2%
-26.6%
Q4 24
12.2%
-6.5%
Q3 24
-32.1%
-41.9%
Q2 24
-72.6%
-332.7%
Q1 24
-16.5%
-44.4%
EPS (diluted)
NGVT
NGVT
TEM
TEM
Q4 25
$-2.33
$-0.30
Q3 25
$1.18
$-0.46
Q2 25
$-4.02
$-0.25
Q1 25
$0.56
$-0.40
Q4 24
$0.44
$2.56
Q3 24
$-2.94
$-0.46
Q2 24
$-7.81
$-6.86
Q1 24
$-1.54
$-1.47

Balance Sheet & Financial Strength

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

Metric
NGVT
NGVT
TEM
TEM
Cash + ST InvestmentsLiquidity on hand
$78.1M
$604.8M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$29.7M
$491.3M
Total Assets
$1.7B
$2.3B
Debt / EquityLower = less leverage
39.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGVT
NGVT
TEM
TEM
Q4 25
$78.1M
$604.8M
Q3 25
$83.4M
$655.9M
Q2 25
$76.9M
$186.3M
Q1 25
$71.5M
$151.6M
Q4 24
$68.0M
$341.0M
Q3 24
$135.5M
$388.0M
Q2 24
$107.4M
$478.8M
Q1 24
$88.5M
$79.9M
Total Debt
NGVT
NGVT
TEM
TEM
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
TEM
TEM
Q4 25
$29.7M
$491.3M
Q3 25
$138.1M
$507.8M
Q2 25
$120.7M
$309.6M
Q1 25
$234.6M
$326.2M
Q4 24
$195.2M
$56.3M
Q3 24
$214.5M
$53.7M
Q2 24
$284.8M
$98.3M
Q1 24
$568.2M
$-1.5B
Total Assets
NGVT
NGVT
TEM
TEM
Q4 25
$1.7B
$2.3B
Q3 25
$1.8B
$2.3B
Q2 25
$1.9B
$1.6B
Q1 25
$2.1B
$1.5B
Q4 24
$2.0B
$926.1M
Q3 24
$2.2B
$971.7M
Q2 24
$2.3B
$864.6M
Q1 24
$2.6B
Debt / Equity
NGVT
NGVT
TEM
TEM
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
TEM
TEM
Operating Cash FlowLast quarter
$97.1M
$-36.8M
Free Cash FlowOCF − Capex
$73.5M
$-41.5M
FCF MarginFCF / Revenue
39.6%
-11.3%
Capex IntensityCapex / Revenue
12.7%
1.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$273.5M
$-239.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGVT
NGVT
TEM
TEM
Q4 25
$97.1M
$-36.8M
Q3 25
$129.7M
$-119.8M
Q2 25
$79.0M
$44.2M
Q1 25
$25.4M
$-105.6M
Q4 24
$64.5M
Q3 24
$46.5M
$48.7M
Q2 24
$29.7M
$-97.1M
Q1 24
$-12.1M
$-101.4M
Free Cash Flow
NGVT
NGVT
TEM
TEM
Q4 25
$73.5M
$-41.5M
Q3 25
$117.8M
$-126.5M
Q2 25
$66.8M
$36.6M
Q1 25
$15.4M
$-107.7M
Q4 24
$39.6M
Q3 24
$28.5M
$48.6M
Q2 24
$11.6M
$-105.1M
Q1 24
$-28.7M
$-107.5M
FCF Margin
NGVT
NGVT
TEM
TEM
Q4 25
39.6%
-11.3%
Q3 25
35.4%
-37.9%
Q2 25
18.3%
11.6%
Q1 25
5.4%
-42.1%
Q4 24
29.2%
Q3 24
8.5%
26.9%
Q2 24
3.0%
-63.3%
Q1 24
-8.4%
-73.7%
Capex Intensity
NGVT
NGVT
TEM
TEM
Q4 25
12.7%
1.3%
Q3 25
3.6%
2.0%
Q2 25
3.3%
2.4%
Q1 25
3.5%
0.8%
Q4 24
18.4%
Q3 24
5.4%
0.0%
Q2 24
4.6%
4.8%
Q1 24
4.9%
4.2%
Cash Conversion
NGVT
NGVT
TEM
TEM
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%

TEM
TEM

Segment breakdown not available.

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