Innospec Inc. income statement
In fiscal 2025, Innospec Inc. reported revenue of $1.78bn, down 3.7% on the year before, operating income of $130m (a 7.3% margin) and net income of $117m, or $4.67 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 599 | 683 | 774 | 776 | 819 | 961 | 1,012 | 883 | 1,307 | 1,477 | 1,513 | 1,193 | 1,483 | 1,964 | 1,949 | 1,845 | 1,778 | 1,842 |
| Cost of revenue | — | — | — | — | — | — | — | 551 | 904 | 1,042 | 1,047 | 850 | 1,049 | 1,377 | 1,358 | 1,303 | 1,286 | 1,336 |
| Gross profit | 186 | 214 | 226 | 236 | 255 | 302 | 346 | 332 | 403 | 435 | 466 | 343 | 435 | 587 | 591 | 543 | 492 | 506 |
| Research and development | 16 | 18 | 18 | 20 | 21 | 22 | 25 | 25 | 31 | 33 | 35 | 31 | 37 | 39 | 49 | 57 | 51 | 52 |
| Selling, general and administrative | 144 | 114 | 158 | 119 | 142 | 169 | 207 | 217 | 244 | 261 | 281 | 237 | 267 | 361 | 381 | 305 | 285 | 304 |
| Operating income | 21 | 72 | 47 | 97 | 91 | 113 | 156 | 98 | 125 | 134 | 150 | 34 | 132 | 187 | 162 | 178 | 130 | 129 |
| Interest expense | 6 | 5 | 4 | 2 | 2 | 4 | 2 | 3 | 7 | 7 | 5 | 1 | 0 | 0 | 0 | 0 | 0 | — |
| Income before tax | 18 | 71 | 50 | 93 | 93 | 111 | 152 | 103 | 128 | 132 | 150 | 40 | 134 | 185 | 174 | 41 | 138 | 143 |
| Income tax | 12 | 3 | 3 | 26 | 15 | 27 | 33 | 22 | 66 | 47 | 38 | 11 | 41 | 52 | 35 | 6 | 22 | 21 |
| Net income | 6 | 74 | 47 | 67 | 78 | 84 | 120 | 81 | 62 | 85 | 112 | 29 | 93 | 133 | 139 | 36 | 117 | 122 |
| Diluted EPS | $0.26 | $2.97 | $1.92 | $2.81 | $3.22 | $3.38 | $4.86 | $3.33 | $2.52 | $3.45 | $4.54 | $1.16 | $3.75 | $5.32 | $5.56 | $1.42 | $4.67 | $4.89 |
| Diluted shares (average) | 25m | 25m | 25m | 24m | 24m | 25m | 25m | 24m | 24m | 25m | 25m | 25m | 25m | 25m | 25m | 25m | 25m | 25m |
| EBITDA | 39 | 88 | 62 | 108 | 111 | 142 | 192 | 136 | 175 | 183 | 198 | 80 | 175 | 227 | 201 | 221 | 173 | 170 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 443 | 467 | 441 | 440 | 442 | 456 | 453 | 491 |
| Cost of revenue | 319 | 331 | 316 | 317 | 325 | 328 | 330 | 353 |
| Gross profit | 124 | 136 | 125 | 123 | 117 | 127 | 124 | 138 |
| Research and development | 14 | 15 | 13 | 14 | 14 | 11 | 13 | 14 |
| Selling, general and administrative | 64 | 79 | 69 | 75 | 72 | 69 | 79 | 84 |
| Operating income | 46 | 41 | 43 | 34 | 6 | 47 | 37 | 40 |
| Income before tax | 45 | −103 | 45 | 32 | 12 | 50 | 40 | 42 |
| Income tax | 11 | −32 | 12 | 8 | −1 | 3 | 9 | 10 |
| Net income | 33 | −70 | 33 | 24 | 13 | 47 | 30 | 31 |
| Diluted EPS | $1.33 | −$2.80 | $1.31 | $0.94 | $0.52 | $1.91 | $1.22 | $1.25 |
| EBITDA | 57 | 52 | 53 | 45 | 18 | 56 | 46 | 50 |
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