NGVT Q2 2023 Earnings — Ingevity Corporation Revenue & Financial Results | Market Cap Arena

NGVTIngevity Corporation

$2B

Q2 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$482M+14.8% YoY

Gross Profit

$141M29.3% margin

Operating Income

$92M19.1% margin

Net Income

$36M7.4% margin

EPS (Diluted)

$0.97

QoQ Revenue Growth

+22.8%

Cash Flow

Operating Cash Flow

$48M

Free Cash Flow

$27M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.1B

Stockholders' Equity

$714M

Cash & Equivalents

$68M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$482M	$420M	+14.8%
Gross Profit	$141M	$151M	-6.2%
Operating Income	$92M	$94M	-1.7%
Net Income	$36M	$60M	-40.6%

Revenue Segments

Performance Chemicals

$284M66%

Performance Materials

$145M34%

Geographic Segments

North America

$327M68%

Asia Pacific

$86M18%

Europe, Middle East, and Africa

$56M12%

South America

$12M3%