INNOSPEC INC.
Business
Innospec develops, manufactures, blends, markets and supplies specialty chemicals globally across three operating segments. Performance Chemicals provides technology-based solutions for personal care, home care, agrochemical, construction, mining and industrial markets. Fuel Specialties manufactures fuel additives that improve fuel efficiency, boost engine performance and reduce emissions for commercial and industrial applications. Oilfield Services supplies chemicals for drilling, completion, production and drag reducing agents for oil and gas exploration and production. The company serves multinational corporations, fuel marketers, oil companies and industrial end-users in the Americas, Europe, the Middle East, Africa and Asia-Pacific.
Summary from 10-K filed 2026-02-18
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 1,778 | 1,845 | 1,949 | 1,964 | 1,483 | |
| Cost of goods sold | −1,286 | −1,303 | −1,358 | −1,377 | −1,049 | |
| Gross profit | 492 | 543 | 591 | 587 | 435 | |
| Selling, general and administrative | −285 | −305 | −381 | −361 | −267 | |
| Research and development | −51 | −57 | −49 | −39 | −37 | |
| Adjustment to fair value of contingent consideration | 16 | −3 | 0 | 0 | — | |
| Restructuring charge | −900,000 | 0 | 0 | 0 | 0 | |
| Impairment of property, plant and equipment | −23 | 0 | 0 | — | — | |
| Impairment of intangible assets | −19 | 0 | 0 | 0 | 0 | |
| Profit on disposal of property, plant and equipment | 200,000 | 200,000 | 0 | — | — | |
| Total operating expenses | −363 | −365 | −430 | −399 | −303 | |
| Operating income | 130 | 178 | 162 | 187 | 132 | |
| Other income/(expense), net | −600,000 | 10 | 11 | −2 | 4 | |
| Pension scheme settlement charge | 0 | −156 | 0 | 0 | — | |
| Interest income/(expense), net | 9 | 9 | 2 | −1 | −2 | |
| Income before income tax expense | 138 | 41 | 174 | 185 | 134 | |
| Income tax expense | −22 | −6 | −35 | −52 | −41 | |
| Net income | 117 | 36 | 139 | 133 | 93 | |
| Basic (per share) | 4.69 | 1.43 | 5.6 | 5.37 | 3.78 | |
| Diluted (per share) | 4.67 | 1.42 | 5.56 | 5.32 | 3.75 | |
| Basic (shares) | 25 | 25 | 25 | 25 | 25 | |
| Diluted (shares) | 25 | 25 | 25 | 25 | 25 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2025 2025-07-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 293 | — | 289 | 204 | 147 | |
| Trade and other accounts receivable (less allowances of $11.8 million and $11.9 million, respectively) | 342 | — | 342 | 360 | 335 | |
| Finished goods | 226 | — | 198 | 216 | 259 | |
| Raw materials | 103 | — | 103 | 84 | 114 | |
| Total inventories | 329 | — | 301 | 300 | 373 | |
| Prepaid expenses | 20 | — | 21 | 19 | 14 | |
| Prepaid income taxes | 13 | — | 3 | 3 | 3 | |
| Other current assets | 7 | — | 600,000 | 600,000 | 400,000 | |
| Total current assets | 1,005 | — | 957 | 886 | 873 | |
| Net property, plant and equipment | 286 | — | 270 | 268 | 221 | |
| Operating leases right-of-use assets | 53 | — | 45 | 45 | 45 | |
| Goodwill | 399 | 2 | 383 | 399 | 359 | |
| Other intangible assets | 68 | — | 65 | 57 | 45 | |
| Deferred tax assets | 14 | — | 9 | 10 | 6 | |
| Pension asset | 0 | — | 2 | 35 | 48 | |
| Other non-current assets | 9 | — | 4 | 6 | 7 | |
| Total assets | 1,832 | — | 1,735 | 1,707 | 1,604 | |
| Accounts payable | 175 | — | 164 | 164 | 165 | |
| Accrued liabilities | 152 | — | 169 | 186 | 203 | |
| Current portion of operating lease liabilities | 16 | — | 14 | 14 | 14 | |
| Current portion of plant closure provisions | 5 | — | 5 | 5 | 5 | |
| Current portion of acquisition-related contingent consideration | 7 | — | 0 | — | — | |
| Current portion of accrued income taxes | 5 | — | 20 | 3 | 18 | |
| Total current liabilities | 360 | — | 371 | 372 | 406 | |
| Operating lease liabilities, net of current portion | 37 | — | 31 | 32 | 31 | |
| Plant closure provisions, net of current portion | 60 | — | 55 | 57 | 52 | |
| Deferred tax liabilities | 19 | — | 24 | 34 | 26 | |
| Pension liabilities and post-employment benefits | 13 | — | 13 | 13 | 12 | |
| Acquisition-related contingent consideration | 1 | — | 20 | 23 | 0 | |
| Other non-current liabilities | 9 | — | 4 | 2 | 1 | |
| Total liabilities | 500 | — | 519 | 558 | 563 | |
| Common stock, $0.01 par value, authorized 40,000,000 shares, issued 29,554,500 shares | 300,000 | — | 300,000 | 300,000 | 300,000 | |
| Additional paid-in capital | 377 | — | 370 | 361 | 354 | |
| Treasury stock (4,776,918 and 4,594,943 shares at cost, respectively) | −115 | — | −93 | −94 | −95 | |
| Retained earnings | 1,099 | — | 1,025 | 1,028 | 924 | |
| Accumulated other comprehensive loss | −35 | — | −91 | −148 | −145 | |
| Total Innospec stockholders' equity | 1,326 | — | 1,211 | 1,147 | 1,038 | |
| Non-controlling interest | 7 | — | 5 | 3 | 2 | |
| Total equity | 1,333 | — | 1,216 | 1,150 | 1,040 | |
| Total liabilities and equity | 1,832 | — | 1,735 | 1,707 | 1,604 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 44 | 44 | 39 | 40 | 43 | |
| Adjustment to fair value of contingent consideration | −16 | 3 | 0 | — | — | |
| Deferred taxes | −10 | −39 | 4 | −6 | 6 | |
| Non-cash movements of defined benefit pension plans | 3 | 152 | −3 | — | — | |
| Stock option compensation | 8 | 9 | 8 | 7 | 4 | |
| Trade and other accounts receivable | 22 | 4 | −13 | −56 | −70 | |
| Inventories | −7 | −12 | 83 | −99 | −62 | |
| Prepaid expenses | 2 | −3 | −4 | 5 | −4 | |
| Accounts payable and accrued liabilities | −33 | −5 | −27 | 54 | 90 | |
| Plant closure provisions | −2 | 900,000 | 4 | 1 | −1 | |
| Accrued income taxes | −22 | 6 | −26 | 9 | −3 | |
| Unrecognized tax benefits | 0 | −15 | 1 | −3 | 300,000 | |
| Other assets and liabilities | −9 | 4 | 2 | −3 | 2 | |
| Net cash provided by operating activities | 138 | 185 | 207 | 82 | 93 | |
| Capital expenditures | −50 | −41 | −62 | −40 | −39 | |
| Proceeds on disposal of property, plant and equipment | 1 | 500,000 | 100,000 | 200,000 | 3 | |
| Business combinations, net of cash acquired | −700,000 | −200,000 | −35 | 0 | 0 | |
| Internally developed software | −25 | −21 | −15 | −3 | 0 | |
| Net cash used in investing activities | −75 | −62 | −112 | −42 | −36 | |
| Non-controlling interest | 2 | 2 | 0 | 2 | 100,000 | |
| Repayment of term loan | 0 | 0 | −2 | 0 | 0 | |
| Refinancing costs | 0 | −300,000 | −1 | 0 | 0 | |
| Dividend paid | −42 | −39 | −35 | −32 | −29 | |
| Issue of treasury stock | 500,000 | 2 | 900,000 | 2 | 10 | |
| Repurchase of common stock | −24 | −700,000 | −1 | −6 | −800,000 | |
| Net cash used in financing activities | −64 | −35 | −39 | −34 | −20 | |
| Effect of foreign currency exchange rate changes on cash | 4 | −2 | 100,000 | −600,000 | −500,000 | |
| Net change in cash and cash equivalents | 3 | 86 | 57 | 5 | 37 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is INNOSPEC INC.'s CIK number?
INNOSPEC INC.'s SEC CIK number is 0001054905 (1054905). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find INNOSPEC INC.'s SEC filings?
All of INNOSPEC INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did INNOSPEC INC. last report earnings?
INNOSPEC INC. (IOSP) most recently filed an earnings 8-K with the SEC on May 8, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-213160). This is INNOSPEC INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is INNOSPEC INC.'s most recent earnings 8-K?
INNOSPEC INC.'s latest earnings 8-K (Item 2.02) was filed May 8, 2026 under accession 0001193125-26-213160. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View INNOSPEC INC.'s latest earnings 8-K →
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