NGVT

Ingevity's Q4 2025 earnings missed estimates with an EPS of $0.58 and revenue of $255.10 million. Q1 2026 earnings exceeded expectations with an adjusted EPS of $1.15, but revenue fell short at $258 million. The company completed the sale of its North Charleston refinery assets and the majority of its Performance Chemicals Industrial Specialties product line for approximately $93 million on January 1, 2026. On April 15, 2026, the company completed the sale of its Road Markings product line (Ozark Materials) to PPG for approximately $65 million in net proceeds. Ingevity repurchased approximately $52 million of shares in the first quarter of 2026. The stock reached a new 52-week high of $79.29 on May 6, 2026, and closed at $75.63 as of May 8, 2026. A new Chief Financial Officer was announced, effective May 1, 2026. Q1 2026 GAAP net income included approximately $16 million related to a final litigation settlement payment to BASF.