Ingevity (NGVT)
NYSE:NGVT
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.35Last Year’s EPS
1.39Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive operational performance and strategic progress: revenue growth, strong Performance Materials results, disciplined capital allocation with accelerated share repurchases, and continued portfolio simplification. However, the quarter also featured notable headwinds — negative Q1 free cash flow due to inventory builds, GAAP special charges and sizable upcoming litigation payments, a weak Road Markings/pavement performance, and margin pressure in APT. On balance the operational wins, reaffirmed guidance, and active capital deployment outweighed the near-term cash and segment-specific challenges.Company Guidance
Disciplined Capital Allocation and Accelerated Buybacks
Company repurchased approximately $52 million of shares (~775,000 shares) in Q1 and had ~ $246 million remaining authorization at quarter end. Management reiterated a plan to complete $300 million of share repurchases through 2027 and has already repurchased nearly $15 million in Q2.
Portfolio Simplification and Non-Core Divestitures
Completed the sale of the Ozark Materials Road Markings product line for roughly $65 million (April 15) and previously divested the North Charleston CTO refinery and majority of Industrial Specialties for ~ $93 million net proceeds. The APT sale process is progressing with active buyer interest.
Reaffirmed 2026 Guidance and Cash Flow Targeting
Management reaffirmed full-year guidance: adjusted EPS $4.70–$5.20, sales $1.05–$1.15 billion, adjusted EBITDA $370–$395 million, and expected free cash flow of $215–$245 million (note: excludes certain litigation-related payments). Target net leverage remains 2.0–2.5x.
Revenue Growth and Solid Profitability
Total sales grew 4% year-over-year to $258 million. Adjusted gross profit increased 4% to $132 million with a gross margin of 51%. Adjusted EBITDA was $92 million and adjusted diluted EPS improved 14% to $1.15, supported by lower interest expense and share repurchases.
Outperformance in Performance Materials
Performance Materials sales of $155 million rose 6% YoY. Segment EBITDA increased 10% to $92 million and margin expanded to 59% (from 57%), driven by pricing, higher volumes and a favorable mix from a shift to hybrids. Management expects any inventory-driven benefit (~$5–6 million) to reverse in Q2 with full-year margins returning to the mid-50s.
NGVT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NGVT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $77.87 | $74.07 | -4.88% |
Feb 25, 2026 | $69.60 | $70.52 | +1.32% |
Nov 05, 2025 | $54.46 | $46.20 | -15.17% |
Aug 05, 2025 | $49.56 | $48.89 | -1.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ingevity (NGVT) report earnings?
Ingevity (NGVT) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Ingevity (NGVT) earnings time?
Ingevity (NGVT) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NGVT EPS forecast?
NGVT EPS forecast for the fiscal quarter 2026 (Q2) is 1.35.