Ecovyst Inc (ECVT) financial statements: income statement, balance sheet and cash flow

Ecovyst Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Ecovyst Inc reported revenue of $723.5M (+2.7% year on year) and net income of $6.3M.

Income statement

Ecovyst Inc income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Sales	$723.5M	$704.5M	$691.1M	$820.2M
Cost of goods sold	$565.4M	$503.0M	$493.2M	$595.5M
Gross profit	$158.1M	$201.5M	$198.0M	$224.6M
Selling, general and administrative expenses	$66.0M	$83.9M	$79.2M	$85.3M
Other operating expense, net	$27.2M	$19.6M	$22.1M	$34.9M
Operating income	$64.9M	$98.1M	$96.7M	$104.4M
Interest expense, net	$34.2M	$49.4M	$44.7M	$37.2M
Debt modification and extinguishment costs	$5.5M	$4.6M	$0	$0
Other (income) expense, net	($642.0K)	($758.0K)	$605.0K	$158.0K
Income from continuing operations before income taxes	$25.8M	($5.0M)	$81.9M	$94.7M
Provision (benefit) for income taxes	$19.5M	$1.6M	$10.8M	$24.9M
Net income from continuing operations	$6.3M	—	$71.2M	$69.8M
Net (loss) income from discontinued operations, net of tax	($77.4M)	—	$0	$3.9M
Net (loss) income	($71.1M)	($6.7M)	$71.2M	$73.7M
Basic (loss) income per share - continuing operations (in dollars per share)	$0.05	-$0.06	$0.60	$0.52
Diluted (loss) income per share - continuing operations (in dollars per share)	$0.05	-$0.06	$0.60	$0.52
Basic (loss) income per share - discontinued operations (in dollars per share)	-$0.67	$0.00	$0.00	$0.03
Diluted (loss) income per share - discontinued operations (in dollars per share)	-$0.67	$0.00	$0.00	$0.03
Basic (loss) income per share (in dollars per share)	-$0.62	-$0.06	$0.60	$0.55
Diluted (loss) income per share (in dollars per share)	-$0.61	-$0.06	$0.60	$0.55
Basic (shares)	115.3M	116.7M	118.4M	133.6M
Diluted (shares)	116.0M	116.7M	119.5M	135.1M

Ecovyst Inc income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Sales	$250.0M	$215.0M	$204.9M	$200.1M
Cost of goods sold	$200.1M	$178.5M	$152.8M	$150.4M
Gross profit	$49.8M	$36.4M	$52.1M	$49.7M
Selling, general and administrative expenses	$17.4M	$19.1M	$15.7M	$22.7M
Other operating expense, net	$13.1M	$4.8M	$8.1M	$9.3M
Operating income	$19.4M	$12.5M	$28.3M	$17.8M
Interest expense, net	$3.5M	$3.2M	$8.4M	$11.1M
Debt modification and extinguishment costs	$978.0K	$0	$0	$0
Other expense, net	$30.0K	$30.0K	($660.0K)	$570.0K
Income (loss) from continuing operations before income taxes	$14.9M	$9.3M	$20.6M	$8.1M
Provision (benefit) for income taxes	$4.2M	$3.6M	$20.2M	$2.1M
Net income (loss) from continuing operations	$10.7M	$5.7M	$372.0K	—
Net (loss) income from discontinued operations, net of tax	($2.8M)	($1.4M)	($79.6M)	—
Net income	$7.9M	$4.3M	($79.3M)	$6.0M
Basic income (loss) per share - continuing operations (in dollars per share)	$0.10	$0.05	$0.00	—
Diluted income (loss) per share - continuing operations (in dollars per share)	$0.10	$0.05	$0.00	—
Basic (loss) income per share - discontinued operations (in dollars per share)	-$0.03	-$0.01	-$0.70	—
Diluted (loss) income per share - discontinued operations (in dollars per share)	-$0.03	-$0.01	-$0.69	—
Basic income per share (in dollars per share)	$0.07	$0.04	-$0.70	$0.05
Diluted income per share (in dollars per share)	$0.07	$0.04	-$0.69	$0.05
Basic (in shares)	109.5M	110.7M	113.9M	116.2M
Diluted (in shares)	110.8M	111.8M	114.9M	116.5M

Balance sheet

Ecovyst Inc balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$197.2M	$146.0M	$88.4M	$110.9M
Accounts receivable, net	$85.3M	$77.9M	$81.3M	$74.8M
Total inventories, net	$26.8M	$57.1M	$45.1M	$44.4M
Derivative assets	$1.3M	$6.5M	$13.4M	$18.5M
Prepaid and other current assets	$8.7M	$16.1M	$17.8M	$19.2M
Current assets held for sale	$0	—	—	—
Total current assets	$319.4M	$303.7M	$246.0M	$267.7M
Property, plant and equipment, net	$481.2M	$569.3M	$576.9M	$584.9M
Goodwill	$326.7M	$404.1M	$404.5M	$403.2M
Other intangible assets, net	$59.3M	$98.4M	$116.5M	$129.9M
Right-of-use lease assets	$37.9M	$33.6M	$24.3M	$28.3M
Other long-term assets	$36.5M	$44.0M	$29.4M	$34.6M
Long-term assets held for sale	$0	—	—	—
Total assets	$1.3B	$1.8B	$1.8B	$1.9B
Current maturities of long-term debt	$0	$8.7M	$9.0M	$9.0M
Accounts payable	$48.0M	$43.9M	$40.2M	$40.0M
Operating lease liabilities—current	$9.5M	$9.3M	$8.2M	$8.2M
Accrued liabilities	$63.3M	$53.2M	$61.7M	$72.2M
Current liabilities held for sale	$0	—	—	—
Total current liabilities	$120.8M	$115.1M	$119.1M	$129.4M
Long-term debt, excluding current portion	$392.6M	$852.1M	$858.9M	$865.9M
Deferred income taxes	$113.3M	$105.4M	$115.8M	$136.2M
Operating lease liabilities—noncurrent	$28.7M	$24.2M	$16.0M	$20.0M
Other long-term liabilities	$2.2M	$5.1M	$22.4M	$25.8M
Long-term liabilities held for sale	$0	—	—	—
Total liabilities	$657.5M	$1.1B	$1.1B	$1.2B
Common stock ($0.01 par); authorized shares 450,000,000; issued shares 140,872,846 and 140,872,846 on December 31, 2025 and 2024, respectively; outstanding shares 111,805,102 and 116,534,803 on December 31, 2025 and 2024, respectively	1.4M	1.4M	1.4M	1.4M
Preferred stock ($0.01 par); authorized shares 50,000,000; no shares issued or outstanding on December 31, 2025 and 2024, respectively	0	0	0	0
Additional paid-in capital	$1.1B	$1.1B	$1.1B	$1.1B
Accumulated deficit	($248.6M)	($177.5M)	($170.9M)	($242.0M)
Treasury stock, at cost; shares 29,067,744 and 24,338,043 on December 31, 2025 and 2024, respectively	-261.1M	-222.8M	—	—
Accumulated other comprehensive income (loss)	$3.3M	($7.4M)	($958.0K)	$6.0M
Total equity	$603.4M	$700.5M	$705.5M	$707.2M
Total liabilities and equity	$1.3B	$1.8B	$1.8B	$1.9B

Ecovyst Inc balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$87.8M	$162.6M	$82.0M	$69.6M
Accounts receivable, net	$112.9M	$94.1M	$83.3M	$103.5M
Inventories, net	$40.0M	$32.2M	$24.1M	$66.9M
Derivative assets	$1.9M	$1.8M	$2.4M	$4.0M
Prepaid and other current assets	$18.7M	$13.6M	$13.5M	$25.4M
Total current assets	$261.4M	$304.3M	$297.1M	$269.4M
Property, plant and equipment, net	$534.0M	$477.8M	$481.2M	$602.9M
Goodwill	$398.3M	$326.7M	$327.0M	$406.7M
Other intangible assets, net	$135.5M	$56.6M	$62.1M	$94.8M
Right-of-use lease assets	$53.1M	$43.2M	$40.5M	$37.1M
Other long-term assets	$38.5M	$38.1M	$37.9M	$38.9M
Total assets	$1.4B	$1.2B	$1.7B	$1.8B
Accounts payable	$74.0M	$49.7M	$47.1M	$47.9M
Operating lease liabilities—current	$13.2M	$10.3M	$9.9M	$9.0M
Accrued liabilities	$66.3M	$67.9M	$48.7M	$54.0M
Total current liabilities	$153.6M	$127.9M	$132.1M	$119.7M
Long-term debt	$493.0M	$392.8M	$846.1M	$847.9M
Deferred income taxes	$146.0M	$115.9M	$114.4M	$104.6M
Operating lease liabilities—noncurrent	$40.2M	$33.1M	$30.9M	$28.2M
Other long-term liabilities	$1.0M	$1.8M	$2.8M	$3.7M
Total liabilities	$833.8M	$671.4M	$1.1B	$1.1B
Common stock ($0.01 par); authorized shares 450,000,000; issued shares 140,872,846 and 140,872,846 on June 30, 2026 and December 31, 2025, respectively; outstanding shares 109,468,398 and 111,805,102 on June 30, 2026 and December 31, 2025, respectively	1.4M	1.4M	1.4M	1.4M
Preferred stock ($0.01 par); authorized shares 50,000,000; no shares issued or outstanding on June 30, 2026 and December 31, 2025	0	0	0	0
Additional paid-in capital	$1.1B	$1.1B	$1.1B	$1.1B
Accumulated deficit	($236.5M)	($244.3M)	($254.4M)	($175.1M)
Treasury stock, at cost; shares 31,404,448 and 29,067,744 on June 30, 2026 and December 31, 2025, respectively	-289.3M	-289.5M	-240.9M	-236.6M
Accumulated other comprehensive income	$5.5M	$4.2M	($3.9M)	($838.0K)
Total equity	$586.9M	$575.2M	$607.9M	$692.4M
Total liabilities and equity	$1.4B	$1.2B	$1.7B	$1.8B

Cash flow statement

Ecovyst Inc cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	($71.1M)	($6.7M)	—	—
Net income (loss) from discontinued operations	$77.4M	$0	$0	—
Net income from continuing operations	$6.3M	—	—	—
Depreciation	$67.8M	$75.3M	$70.6M	$65.1M
Amortization	$10.8M	$14.1M	$14.0M	$14.0M
Amortization of deferred financing costs and original issue discount	$1.2M	$1.7M	$2.1M	$2.0M
Debt extinguishment costs	$4.6M	$90.0K	$0	$0
Deferred income tax provision (benefit)	$32.2M	($7.9M)	($17.1M)	$1.7M
Net loss on asset disposals	$5.4M	$2.4M	$4.1M	$3.6M
Stock compensation	$9.7M	$14.0M	$16.0M	$20.6M
Other, net	($5.4M)	($14.3M)	$647.0K	($1.6M)
Receivables	($22.1M)	$3.1M	($6.1M)	$5.5M
Inventories	($5.6M)	($11.2M)	($1.4M)	$9.9M
Prepaids and other current assets	($962.0K)	$3.4M	($985.0K)	$5.0K
Accounts payable	$15.5M	$2.4M	$2.4M	($10.1M)
Accrued liabilities	($1.4M)	($18.6M)	($14.6M)	($7.4M)
Net cash provided by operating activities, continuing operations	$118.1M	$149.9M	$137.6M	$180.3M
Net cash provided by operating activities, discontinued operations	$22.2M	$0	$0	$6.3M
Net cash provided by operating activities	$140.3M	$149.9M	$137.6M	$186.6M
Purchases of property, plant and equipment	($70.4M)	($69.0M)	($65.3M)	($58.9M)
Proceeds from business divestitures, net of cash transferred	$568.4M	—	$0	$0
Business combinations	($41.5M)	$0	$0	($488.0K)
Net cash provided by (used in) investing activities, continuing operations	$456.5M	—	($65.3M)	($63.0M)
Net cash used in investing activities, discontinued operations	($21.1M)	—	$0	$0
Net cash provided by (used in) investing activities	$435.4M	($73.5M)	($65.3M)	($63.0M)
Draw down of revolving credit facilities	$0	$0	$14.5M	$0
Repayments of revolving credit facilities	$0	$0	($14.5M)	$0
Issuance of long-term debt, net of original issue discount and financing fees	$870.8M	$870.8M	$0	$0
Repayments of long-term debt	($1.3B)	($879.7M)	($9.0M)	($9.0M)
Repurchases of common shares	-46.9M	-5.0M	-78.7M	-136.7M
Tax withholdings on equity award vesting	($1.5M)	($1.2M)	($3.4M)	($332.0K)
Other, net	$460.0K	$0	$0	$81.0K
Net cash used in financing activities, continuing operations	($521.7M)	—	($93.5M)	($148.2M)
Net cash used in financing activities, discontinued operations	($3.3M)	—	$0	$0
Net cash used in financing activities	($525.0M)	($17.8M)	($93.5M)	($148.2M)
Effect of exchange rate changes on cash and cash equivalents	$423.0K	($948.0K)	($1.3M)	($5.4M)
Net change in cash and cash equivalents	$51.2M	$57.6M	($22.6M)	($30.0M)
Cash and cash equivalents at beginning of period	$146.0M	$88.4M	$110.9M	$140.9M
Cash and cash equivalents at end of period	$197.2M	$146.0M	$88.4M	—
Less: cash and cash equivalents of discontinued operations	$0	—	—	$0
Cash and cash equivalents at end of period of continuing operations	$197.2M	—	—	$110.9M

Ecovyst Inc cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$12.2M	$4.3M	($76.9M)	$2.4M
Net loss (income) from discontinued operations	$4.3M	$1.4M	$74.5M	—
Net income (loss) from continuing operations	$16.4M	$5.7M	($2.4M)	—
Depreciation	$34.7M	$17.8M	$50.0M	$40.0M
Amortization	$5.4M	$2.7M	$8.0M	$7.0M
Amortization of deferred financing costs and original issue discount	$370.0K	$183.0K	$888.0K	$701.0K
Deferred income tax provision	$2.6M	$1.9M	$18.9M	$1.4M
Net loss on asset disposals	$2.6M	$363.0K	$4.0M	$417.0K
Stock compensation	$5.9M	$3.4M	$7.6M	$6.5M
Other, net	($3.2M)	($2.5M)	($7.2M)	($71.0K)
Receivables	($13.6M)	($8.8M)	($20.4M)	($15.0M)
Inventories	($10.7M)	($5.4M)	($3.1M)	($6.0M)
Prepaids and other current assets	($3.2M)	($5.0M)	$368.0K	($2.5M)
Accounts payable	$20.0M	$1.1M	$14.6M	$6.5M
Accrued liabilities	($2.2M)	$8.1M	$6.2M	($7.6M)
Net cash provided by operating activities, continuing operations	$55.2M	$19.6M	$77.6M	—
Net cash (used in) provided by operating activities, discontinued operations	($3.9M)	($2.7M)	$21.0M	—
Net cash provided by operating activities	$51.3M	$16.9M	$98.5M	$43.3M
Purchases of property, plant and equipment	($44.8M)	($14.1M)	($51.6M)	($49.5M)
Business combinations	($178.5M)	—	($41.3M)	($41.3M)
Net cash used in investing activities, continuing operations	($223.3M)	($14.1M)	($92.9M)	—
Net cash used in investing activities, discontinued operations	$0	$0	($15.5M)	—
Net cash used in investing activities	($223.3M)	($14.1M)	($108.5M)	($90.8M)
Issuance of long-term debt, net of original issue discount and financing fees	$100.0M	$0	$870.8M	$870.8M
Repayments of long-term debt	$0	$0	($877.4M)	($875.2M)
Repurchases of common shares	-36.3M	-36.3M	-27.5M	-21.9M
Tax withholdings on equity award vesting	($1.3M)	($1.3M)	($1.5M)	($1.5M)
Other, net	$213.0K	$150.0K	$456.0K	$0
Net cash provided by (used in) financing activities, continuing operations	$62.6M	($37.4M)	($35.0M)	—
Net cash used in financing activities, discontinued operations	$0	$0	($2.4M)	—
Net cash provided by (used in) financing activities	$62.6M	($37.4M)	($37.5M)	($29.4M)
Effect of exchange rate changes on cash and cash equivalents	$0	$0	$467.0K	$516.0K
Net change in cash and cash equivalents	($109.4M)	($34.6M)	($46.9M)	($76.4M)
Cash and cash equivalents at beginning of period	$197.2M	$197.2M	$146.0M	—
Cash and cash equivalents at end of period	$87.8M	$162.6M	$99.1M	$69.6M
Less: cash, cash equivalents, and restricted cash of discontinued operations	$0	$0	($17.1M)	—
Cash, cash equivalents and restricted cash at end of period of continuing operations	$87.8M	$162.6M	$82.0M	$146.0M

Ecovyst Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.