Ingevity Corporation reported second quarter 2026 financial results on July 29, 2026. Net sales were $314.1 million, a 5% decrease from the prior year, though organic sales grew 5%. The company recorded net income of $39.8 million ($1.13 diluted EPS) compared to a loss of $(141.4) million in the prior year period. Adjusted EBITDA increased 14% to $115.0 million with a margin of 36.6%. Ingevity raised its full-year 2026 adjusted EBITDA guidance to $380–$400 million and diluted adjusted EPS to $5.00–$5.45. The quarter included a $113.2 million litigation settlement payment and the completion of the Road Markings divestiture for approximately $63 million in net proceeds.

Ingevity Corporation appointed Ryan Cotterman as Vice President, Chief Accounting Officer and principal accounting officer on June 22, 2026. His appointment includes an initial annual base salary of $345,000, a 40% annual bonus target, and a $40,000 sign-on cash bonus. Ingevity Corp is a specialty chemistry company that provides performance and performance-driven solutions for various industries.