GlobeNewswire·Nov 3, 2026, 4:45 PM ET

Innospec REPORTS THIRD QUARTER 2026 FINANCIAL RESULTS

IOSP

Innospec reported third-quarter 2026 total revenues of $473.6 million, a 7 percent increase from the prior year period.
Net income attributable to the company was $31.8 million, or $1.29 per diluted share, compared to $12.9 million or $0.52 per share in the prior year.
Adjusted non-GAAP earnings per share were $1.29, up from $1.12 per share in the same quarter last year.
Adjusted EBITDA reached $51.4 million, an increase from $44.2 million reported in the third quarter of 2025.
Cash generated from operating activities was $17.4 million, with capital expenditures of $15.6 million for the quarter.
Net cash position improved to $251.9 million as of September 30, 2026, with no outstanding debt.
Performance Chemicals segment sales grew 6 percent to $180.5 million, while operating income surged 84 percent to $16.9 million.
Fuel Specialties segment revenues increased 5 percent to $180.7 million, with operating income rising 1 percent to $35.6 million.
Oilfield Services segment revenues grew 13 percent to $112.4 million, with operating income increasing 40 percent to $6.7 million.
The Board declared a semi-annual dividend of 94 cents per share for the second half of 2026, payable on November 25, 2026.
The annual dividend increased by 9 percent to $1.86 per share, up from 2025 levels.
Corporate costs for the quarter were $18.6 million, with an adjusted effective tax rate of 24.7 percent.
All business segments contributed to the reported revenue growth and operating income expansion for the quarter.