INGEVITY CORPORATION
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $1.17B | $1.20B | $1.22B | $1.67B | $1.39B | $1.22B | $1.29B |
| Cost of Revenue | — | $706.1M | $735.3M | $770.5M | $1.10B | $878.7M | $750.6M | $810.9M |
| Gross Profit | — | $461.5M | $464.8M | $445.0M | $570.1M | $512.8M | $465.5M | $482.0M |
| Gross Margin | — | 39.5% | 38.7% | 36.6% | 34.2% | 36.9% | 38.3% | 37.3% |
| Operating Expenses | ||||||||
| Research & Development | — | $28.4M | $24.5M | $25.4M | $30.3M | $26.3M | $22.6M | $19.7M |
| SG&A Expense | — | $171.2M | $157.8M | $161.8M | $198.8M | $179.3M | $149.4M | $163.1M |
| Operating Income | — | $418.7M | $425.9M | $423.2M | $452.6M | $422.2M | $397.9M | $396.9M |
| Operating Margin | — | 35.9% | 35.5% | 34.8% | 27.1% | 30.3% | 32.7% | 30.7% |
| Interest Expense | — | $78.3M | $97.8M | $93.3M | $61.8M | $51.7M | $47.1M | $54.6M |
| Pretax Income | — | $-142.1M | $-140.5M | $130.0M | $269.6M | $162.8M | $235.1M | $227.9M |
| Income Tax Expense | — | $8.2M | $-19.1M | $24.2M | $58.0M | $44.7M | $53.7M | $44.2M |
| Net Income | — | $-167.1M | $-430.3M | $-5.4M | $211.6M | $118.1M | $181.4M | $183.7M |
| Net Margin | — | -14.3% | -35.9% | -0.4% | 12.7% | 8.5% | 14.9% | 14.2% |
| EPS (Basic) | — | $-4.61 | $-11.85 | $-0.15 | $5.54 | $2.97 | $4.39 | $4.39 |
| EPS (Diluted) | — | $-4.61 | $-11.85 | $-0.15 | $5.50 | $2.95 | $4.37 | $4.35 |
| Shares Outstanding (Basic) | 35.3M | 36.2M | 36.3M | 36.5M | 38.2M | 39.8M | 41.3M | 41.8M |
| Shares Outstanding (Diluted) | 35.3M | 36.2M | 36.3M | 36.7M | 38.5M | 40.1M | 41.5M | 42.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |