INGEVITY CORPORATION
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $390.6M | $340.1M | $-104.9M | $446.0M | $481.8M | $392.6M | $383.6M | $482.0M |
| Cost of Revenue | $267.4M | $240.4M | $-137.5M | $317.0M | $328.8M | $262.2M | $278.2M | $305.7M |
| Gross Profit | $123.2M | $99.7M | $32.6M | $129.0M | $153.0M | $130.4M | $105.4M | $176.3M |
| Gross Margin | 31.5% | 29.3% | -31.1% | 28.9% | 31.8% | 33.2% | 27.5% | 36.6% |
| Operating Expenses | ||||||||
| Research & Development | $7.3M | $6.8M | $800.0K | $7.8M | $8.0M | $8.8M | $7.2M | $7.6M |
| SG&A Expense | $41.4M | $47.2M | $21.5M | $40.0M | $51.7M | $48.6M | $55.9M | $54.2M |
| Operating Income | $101.3M | $76.9M | $88.2M | $110.4M | $120.7M | $103.9M | $74.3M | $138.2M |
| Operating Margin | 25.9% | 22.6% | -84.1% | 24.8% | 25.1% | 26.5% | 19.4% | 28.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-334.6M | $-71.9M | $-13.9M | $32.1M | $47.7M | $64.1M | $19.7M | $95.8M |
| Income Tax Expense | $-50.9M | $-15.9M | $-8.3M | $6.9M | $12.2M | $13.4M | $4.1M | $20.4M |
| Net Income | $-283.7M | $-56.0M | $-116.8M | $25.2M | $35.5M | $50.7M | $15.6M | $75.4M |
| Net Margin | -72.6% | -16.5% | 111.3% | 5.7% | 7.4% | 12.9% | 4.1% | 15.6% |
| EPS (Basic) | $-7.81 | $-1.54 | $-3.19 | $0.70 | $0.98 | $1.36 | $0.44 | $1.99 |
| EPS (Diluted) | $-7.81 | $-1.54 | $-3.16 | $0.69 | $0.97 | $1.35 | $0.43 | $1.98 |
| Shares Outstanding (Basic) | 36.3M | 36.3M | 36.5M | 36.2M | 36.4M | 37.2M | 38.2M | 37.8M |
| Shares Outstanding (Diluted) | 36.3M | 36.3M | 36.7M | 36.4M | 36.6M | 37.5M | 38.5M | 38.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |