Ingevity (NGVT) Research & Development (2016 - 2026)
Ingevity (NGVT) posted Research & Development of $6.1 million for Q2 2026, down 12.9% from $7 million a year earlier and down 9.0% from the prior quarter.
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Analysis
Ingevity (NGVT) Research & Development (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Ingevity was $27.2 million, up 1.9% year-over-year; for FY2025, it was $28.4 million, up 15.9% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 4.7% (FY2020 to FY2025).
- In prior years, Ingevity's Research & Development was $24.5 million in FY2024 (-3.5%), $25.4 million in FY2023 (-16.2%), $30.3 million in FY2022 (+15.2%) and $26.3 million in FY2021 (+16.4%).
- The Q2 2026 figure stands as the lowest quarterly Research & Development since Q4 2023.
- On a year-over-year basis, Research & Development increased in four of the last eight quarters, with growth averaging 87.6%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q4 2024, with growth of 712.5%; the weakest was Q4 2023, with a decline of 88.9%.
- According to Business Quant data, Research & Development for the three prior quarters was $6.7 million (Q1 2026), $7.4 million (Q4 2025) and $7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 299.00 Mn |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | 21.50 Mn |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 388.00 Mn |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 34.00 Mn |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | - |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 98.00 Mn |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | - |
| 10 | Ingevity | 2.51 Bn | 1.98 Bn | 139.00 Mn | 6.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.10 Mn |
| Mar 31, 2026 | 6.70 Mn |
| Dec 31, 2025 | 7.40 Mn |
| Sep 30, 2025 | 7.00 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | 7.00 Mn |
| Dec 31, 2024 | 6.50 Mn |
| Sep 30, 2024 | 6.20 Mn |
| Jun 30, 2024 | 7.30 Mn |
| Mar 31, 2024 | 6.80 Mn |
| Dec 31, 2023 | 800,000.00 |
| Sep 30, 2023 | 7.80 Mn |
| Jun 30, 2023 | 8.00 Mn |
| Mar 31, 2023 | 8.80 Mn |
| Dec 31, 2022 | 7.20 Mn |
| Sep 30, 2022 | 7.60 Mn |
| Jun 30, 2022 | 8.20 Mn |
| Mar 31, 2022 | 7.30 Mn |
| Dec 31, 2021 | 7.00 Mn |
| Sep 30, 2021 | 6.80 Mn |
API Access
Ingevity Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NGVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NGVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NGVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();