Ingredion Inc (INGR) Form 10-Q — May 8, 2026
Ingredion Incorporated reported a decline in first-quarter 2026 results, with net income attributable to the company falling to $142 million, or $2.22 per share, compared to $197 million, or $3.00 per share, in the prior-year quarter. The decrease was driven by a 26% drop in operating income to $203 million, primarily due to lower gross profit resulting from reduced fixed cost absorption and unfavorable volume and mix in the U.S./Canada segment. Despite the earnings decline, the company maintained its dividend, increasing the quarterly rate to $0.82 per share from $0.80, and repurchased 120,000 shares for $14 million under its authorization.
Key figures
- Eps
- 2.22
- Revenue
- 1792
- Net Income
- 142
- Total Debt
- 1825
- Cash Position
- 914
- Shares Outstanding
- 63.059061
- Gross Profit
- 401
- Operating Income
- 203
- Dividends Per Share
- 0.82
- Capital Expenditures
- 110
- Diluted Shares Outstanding
- 64.0
Price after filing
Close on the filing date to close N calendar days later (from $107.39). Historical, not a forecast.
AI analysis
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