Filing Flows › Innospec (IOSP) › Q1 2026
Innospec (IOSP) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Innospec (IOSP) reported revenue of $453M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -0.5% from the quarter before. Operating margin was 8.1%, net earnings $30.4M (6.7% of revenue).
Innospec, Q1 2026: revenue $453M (+3% year over year), operating margin 8.1%, net earnings $30.4M, operating cash flow $17.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $453M | -0.5% | +3% |
| Gross profit | $124M | -3% | -1% |
| Operating profit | $36.5M | -22% | -14% |
| Net earnings | $30.4M | -34% | -7% |
| Operating cash flow | $17.6M | -71% | -38% |
| Free cash flow | $8.7M | -81% | -56% |
What changed
Revenue was $453.2M in Q1 2026, up 3% year over year and down 1% from the previous quarter.
Gross margin was 27.3%, down 1.1 points from Q1 2025. Operating profit was $36.5M, a 8.1% margin (down 1.6 points year over year). Operating profit fell $6.0M even though revenue rose $12.4M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 5% against revenue growth of 3%. Net earnings were $30.4M, down 7% year over year. The effective tax rate was 22.8%.
Operating cash flow was $17.6M (down 38% year over year), 57% of net earnings. Non-cash charges added back $9.9M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $24.7M. Capital expenditures of $8.9M left free cash flow of $8.7M.
Questions
What was Innospec's revenue in the first quarter 2026?
Innospec (IOSP) reported revenue of $453M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -0.5% from the quarter before.
Was Innospec profitable in the first quarter 2026?
Operating profit was $36.5M (8.1% of revenue) and net earnings $30.4M.
Source: Innospec 10-Q on SEC EDGAR.