GlobeNewswire·Aug 4, 2026, 4:45 PM ET

Innospec Reports Second Quarter 2026 Financial Results

Innospec Inc. reported second quarter 2026 total revenues of $491.4 million, a 12 percent increase from the prior year.
Operating income rose 16 percent with strong contributions across all business segments.
GAAP earnings per diluted share were $1.25, while adjusted non-GAAP EPS reached $1.27.
Net income attributable to Innospec totaled $30.8 million, up from $23.5 million in the same period last year.
Adjusted EBITDA for the quarter was $50.1 million, compared to $49.1 million a year ago.
The company maintained a debt-free balance sheet with net cash of $250.2 million.
Fuel Specialties delivered continued strength with revenues of $185.7 million.
Performance Chemicals showed improvement with revenues of $190.3 million \& a 15 percent increase in operating income.
Oilfield Services operating income increased 40 percent to $8.7 million, driven by plant expansion.
The company paid a semi-annual dividend of 92 cents per share \& repurchased shares totaling $6.4 million in the quarter.
Share repurchases for the quarter included 87,089 common shares at a cost of $6.4 million.
Cash from operating activities was $7.2 million before capital expenditures of $16.5 million.
Corporate costs for the quarter were $21.6 million.
The effective tax rate for the quarter was 25.0 percent.
Innospec expects further sequential improvement in the second half of 2026 across its business units.