Ingevity reports third quarter 2026 financial results
Business Wire•04/11/2026•16:15 ET
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Key Highlights
- ➤Net sales $305.1 million, down 8%; excluding Road Markings, sales increased 2%
- ➤Adjusted diluted EPS $1.63, up from $1.31 year over year
- ➤Adjusted EBITDA margin expanded 230 basis points to 35.4%
- ➤Full-year adjusted EBITDA outlook narrowed to $385 million-$395 million, midpoint maintained
- ➤Share repurchases totaled approximately $39 million in Q3 and $125 million year to date
Expert Statements
Dave Li, President and CEO of Ingevity
“Third quarter results reflect disciplined execution across the portfolio amid a mixed global demand environment.”
Dave Li, President and CEO of Ingevity
“Performance Materials benefited from resilient North American automotive demand, driven by favorable hybrid vehicle trends and higher filtration sales, driven by pricing, while Advanced Polymer Technologies delivered improved profitability on better pricing and product mix.”
Dave Li, President and CEO of Ingevity
“In Pavement Technologies, softer demand and higher input and logistic costs pressured results.”
Dave Li, President and CEO of Ingevity
“We are taking action to improve performance while remaining confident in the long-term value of the business.”
Dave Li, President and CEO of Ingevity
“We are particularly encouraged by the progress in filtration, where our investments in talent, technology and commercial capabilities are translating into customer adoption and tangible growth.”
Dave Li, President and CEO of Ingevity
“While still early, this progress strengthens our confidence in filtration’s potential to become a meaningful contributor to Ingevity’s growth and profitability.”
Dave Li, President and CEO of Ingevity
“We also continue to advance the sale of Advanced Polymer Technologies, however, the timing of an announced agreement may extend into early 2027.”
Dave Li, President and CEO of Ingevity
“With solid execution through the first nine months, we are narrowing our full-year adjusted EBITDA guidance while maintaining the midpoint of our previous range, reflecting increased visibility and confidence as we enter the final quarter of the year.”
* Net sales of $305.1 million decreased 8% from prior year; excluding Road Markings, sales increased 2%
* Net income from continuing operations of $51.1 million, or $1.46 per diluted share, compared to $40.8 million, or $1.10 per diluted share, in the prior year
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