Filing Flows › Ingevity (NGVT) › Q3 2026 › vs Q2 2026
Ingevity (NGVT) Q3 2026 vs Q2 2026 (quarter over quarter)
Ingevity's revenue fell $9.0M (-3%) from $314M in Q2 2026 to $305M in Q3 2026. The biggest changes: Performance Materials −$6.5M (-4%); Advanced Polymer Technologies segment −$4.3M (-9%); Pavement Technologies Segment +$1.8M (+2%). Gross margin 43.5% against 44.3% (-0.7 pts).
Ingevity, Q3 2026: revenue $305M (-8% year over year), operating margin 22.0%, net earnings $49.3M, operating cash flow $99.2M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 43.5% | 44.3% | -0.7 pts |
| Operating margin | 22.0% | 14.7% | +7.3 pts |
| Net margin | 16.2% | 11.2% | +4.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Performance Materials | $154M | $161M | −$6.5M | -4% |
| Pavement Technologies Segment | $106M | $104M | $1.8M | +2% |
| Advanced Polymer Technologies segment | $45.0M | $49.3M | −$4.3M | -9% |
| Revenue | $305M | $314M | −$9.0M | -3% |
| Gross profit | $133M | $139M | −$6.2M | -4% |
| Cost of revenue | $172M | $175M | −$2.8M | -2% |
| Operating profit | $67.1M | $46.2M | $20.9M | +45% |
| Operating expenses | $65.7M | $92.8M | −$27.1M | -29% |
| Pre-tax earnings | $67.1M | $46.2M | $20.9M | +45% |
| Research & development | $8.3M | $6.1M | $2.2M | +36% |
| SG&A | $38.1M | $39.0M | −$900K | -2% |
| Other operating costs | $19.3M | $47.7M | −$28.4M | -60% |
| Net earnings | $49.3M | $35.3M | $14.0M | +40% |
| Income tax | $17.8M | $10.9M | $6.9M | +63% |
| Depreciation & amortization | $20.9M | $22.0M | −$1.1M | -5% |
| Share-based compensation | $4.0M | $4.2M | −$200K | -5% |
| Working capital & other | $25.0M | −$75.3M | $100M | — |
| Operating cash flow | $99.2M | −$13.8M | $113M | — |
Questions
How much did Ingevity's revenue grow quarter over quarter in Q3 2026?
Ingevity's revenue fell $9.0M (-3%) from $314M in Q2 2026 to $305M in Q3 2026.
What drove Ingevity's revenue change in Q3 2026?
Performance Materials −$6.5M (-4%); Advanced Polymer Technologies segment −$4.3M (-9%); Pavement Technologies Segment +$1.8M (+2%).