NGVT Q1 2023 Earnings — Ingevity Corporation Revenue & Financial Results | Market Cap Arena

NGVTIngevity Corporation

$2B

Q1 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$393M+2.5% YoY

Gross Profit

$130M33.2% margin

Operating Income

$73M18.6% margin

Net Income

$51M12.9% margin

EPS (Diluted)

$1.35

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

-$20M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.0B

Stockholders' Equity

$726M

Cash & Equivalents

$78M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$393M	$383M	+2.5%
Gross Profit	$130M	$129M	+1.4%
Operating Income	$73M	$89M	-18.3%
Net Income	$51M	$61M	-16.6%

Revenue Segments

Performance Chemicals

$186M57%

Performance Materials

$141M43%

Geographic Segments

North America

$235M60%

Asia Pacific

$86M22%

Europe, Middle East, and Africa

$63M16%

South America

$10M2%