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Ingevity NGVT Performance Materials — Operating Income (Loss)

Other segment segments

Advanced Polymer Technologies segment
$7.6M-44.1%
Performance Chemicals
$600K-89.7%

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Other financials

Income statement

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Revenue$258.0M+4.1%
Gross profit$116.4M+4.0%
Net income$59.8M+192%
EPS (diluted)$1.66+196%

Balance sheet

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Cash & equivalents$95.4M+5.0%
Total debt$1.4B-9.0%
Total equity$38.9M-83.4%
Total assets$1.7B-19.7%

Cash flow

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Operating cash flow-$2.0M-108%
CapEx$10.3M+3.0%
Free cash flow-$12.3M-180%

Valuation

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Market cap$2.66B+49.1%
Enterprise value$3.93B+24.9%
P/S2.2×+0.7×

Profitability

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Gross margin39.3%+1.5pp
Net margin-10.6%-4.1pp
FCF margin20.3%+12.6pp

Returns & leverage

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Return on equity-93.5%+1.2pp
Debt / equity35.1×+28.7×
Current ratio1.4×-0.6×

Where this comes from

Reported directly by Ingevity in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Ingevity’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:26 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001653477-26-000035
In millionsThree Months Ended March 31, 2026 / PMThree Months Ended March 31, 2026 / PCThree Months Ended March 31, 2026 / APTThree Months Ended March 31, 2025 / PMThree Months Ended March 31, 2025 / PC2025 / APT
Cost of sales (ii)49.645.231.754.441.423.6
Selling, general, and administrative expenses (ii) (iii) (iv)13.612.94.912.012.44.8
Other (income) expense, net (v)0.2(0.4)0.1(3.1)(0.7)0.2
Segment EBITDA$92.0$0.6$7.6$83.5$5.8$13.6
_______________
(i) Relates to external customers only. Refer to Note 3 for a reconciliation to consolidated Net sales.
(ii) Excludes Depreciation and amortization.
(iii) Includes Research and technical expenses.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ingevity's performance materials — operating income (loss)?
Ingevity (NGVT) reported performance materials — operating income (loss) of $92M in Q1 2026.
How has Ingevity's performance materials — operating income (loss) changed year-over-year?
Ingevity's performance materials — operating income (loss) increased by 10.2% year-over-year, from $83.5M to $92M.
What is the long-term trend for Ingevity's performance materials — operating income (loss)?
Over 4 years (2021 to 2025), Ingevity's performance materials — operating income (loss) has grown at a 7.3% compound annual growth rate (CAGR), from $249.4M to $330.7M.
What does performance materials — operating income (loss) mean?
Measures the profitability of the Performance Materials segment by subtracting cost of sales and operating expenses from total segment revenue. This is the primary metric for evaluating the core operational success and business health of the segment.

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