Filing Flows › Innospec (IOSP) › Q3 2025
Innospec (IOSP) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Innospec (IOSP) reported revenue of $442M for the third quarter 2025 (Q3 2025), -0.3% from a year earlier and +0.5% from the quarter before. Operating margin was 1.3%, net earnings $12.9M (2.9% of revenue).
Innospec, Q3 2025: revenue $442M (-0.3% year over year), operating margin 1.3%, net earnings $12.9M, operating cash flow $39.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $442M | +0.5% | -0.3% |
| Gross profit | $117M | -5% | -6% |
| Operating profit | $5.9M | -83% | -87% |
| Net earnings | $12.9M | -45% | -62% |
| Operating cash flow | $39.1M | +272% | -47% |
| Free cash flow | $24.8M | — | -62% |
What changed
Revenue was $441.9M in Q3 2025, roughly flat year over year and up 1% from the previous quarter.
Gross margin was 26.4%, down 1.6 points from a year earlier. Operating profit was $5.9M, a 1.3% margin (down 8.9 points year over year). Operating expenses grew 41% against flat revenue. The fastest-growing cost line was Other operating costs (+4100%). Net earnings were $12.9M, down 62% year over year. The effective tax rate was -12.4%. Non-operating items added $5.4M, 48% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $39.1M (down 47% year over year), 308% of net earnings. Non-cash charges added back $12.2M of depreciation and amortization and $900K of share-based compensation. Working capital and other items added $13.3M. Capital expenditures of $14.3M left free cash flow of $24.8M.
Questions
What was Innospec's revenue in the third quarter 2025?
Innospec (IOSP) reported revenue of $442M for the third quarter 2025 (Q3 2025), -0.3% from a year earlier and +0.5% from the quarter before.
Was Innospec profitable in the third quarter 2025?
Operating profit was $5.9M (1.3% of revenue) and net earnings $12.9M.
Source: Innospec 10-Q on SEC EDGAR.