Filing Flows › Ingevity (NGVT) › Q2 2026
Ingevity (NGVT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Ingevity (NGVT) reported revenue of $314M for the second quarter 2026 (Q2 2026), -5% from a year earlier and +22% from the quarter before. Operating margin was 14.7%, net earnings $35.3M (11.2% of revenue).
Ingevity, Q2 2026: revenue $314M (-5% year over year), operating margin 14.7%, net earnings $35.3M, operating cash flow −$13.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $314M | +22% | -5% |
| Gross profit | $139M | +19% | +9% |
| Operating profit | $46.2M | -31% | — |
| Net earnings | $35.3M | -41% | — |
| Operating cash flow | −$13.8M | — | -117% |
What changed
Revenue was $314.1M in Q2 2026, down 5% year over year and up 22% from the previous quarter. Performance Materials was the largest line at 51% of revenue. Pavement Technologies Segment lost $30.1M year over year (down 22%), 173% of the total change.
Gross margin was 44.3%, up 5.7 points from Q2 2025. Operating profit was $46.2M, a 14.7% margin (up 57.5 points year over year). Operating expenses fell 66% while revenue fell 5%. Net earnings were $35.3M. The effective tax rate was 23.6%.
Operating cash flow was −$13.8M. Non-cash charges added back $22.0M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items used $75.3M. Capital expenditures of $10.3M exceeded it, leaving free cash flow of −$24.1M.
Questions
What was Ingevity's revenue in the second quarter 2026?
Ingevity (NGVT) reported revenue of $314M for the second quarter 2026 (Q2 2026), -5% from a year earlier and +22% from the quarter before.
Was Ingevity profitable in the second quarter 2026?
Operating profit was $46.2M (14.7% of revenue) and net earnings $35.3M.
Source: Ingevity 10-Q on SEC EDGAR.