---
schema_version: "secwatch.filing_event.v1"
accession: "0001653477-24-000080"
form_type: "8-K"
ticker: "NGVT"
cik: "0001653477"
company_name: "Ingevity Corp"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:24:46.356189+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ingevity Q2 net loss $283.7M on goodwill impairment; guides FY sales $1.40-1.50B

## Summary
- Net sales $390.6M, down 19% YoY; net loss of $283.7M ($7.81 diluted EPS) due to Performance Chemicals goodwill impairment.
- Adjusted earnings $36.8M, adjusted diluted EPS $1.01; adjusted EBITDA $101.3M (25.9% margin).
- Terminated a long-term crude tall oil supply contract; closing Crossett, AR facility for cost savings.
- Revised FY 2024 guidance: sales $1.40-1.50B (from prior range) and adjusted EBITDA $350-360M.
- Operating cash flow $29.7M; free cash flow $11.6M in Q2.

## SEC filing metadata
- accession: 0001653477-24-000080
- form_type: 8-K
- ticker: NGVT
- cik: 0001653477
- company_name: Ingevity Corp
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653477/000165347724000080/0001653477-24-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653477/000165347724000080/ngvt-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001653477-24-000080
- JSON: https://secwatch.observer/filing/0001653477-24-000080.json
- Plain text: https://secwatch.observer/filing/0001653477-24-000080.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.