Ingredion (INGR) Cost of Revenue (2009 - 2026)
Ingredion (INGR) posted Cost of Revenue of $1.4 billion for Q1 2026, up 4.82% on a QoQ basis from $1.3 billion in Q4 2025, and up 3.27% year-over-year from $1.3 billion in Q1 2025.
Ingredion (INGR) Cost of Revenue (2009 - 2026) Analysis & Trends
Ingredion's Cost of Revenue history runs 18 years deep, the most recent figure standing at $1.4 billion for Q1 2026.
- Quarterly Cost of Revenue rose 3.27% year-over-year to $1.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.4 billion (down 1.56% YoY) and the FY2025 annual result came in at $5.4 billion, down 4.4% from the prior year.
- Cost of Revenue was $1.4 billion for Q1 2026 at Ingredion, up from $1.3 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.7 billion in Q2 2022 and bottomed at $1.3 billion in Q4 2025.
- A 5-year average of $1.5 billion and a median of $1.5 billion in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue increased 19.79% — and 2024, when it slipped 13.71%.
- Ingredion's Cost of Revenue stood at $1.6 billion in 2022, then retreated by 7.03% to $1.5 billion in 2023, then decreased by 11.18% to $1.4 billion in 2024, then dropped by 1.78% to $1.3 billion in 2025, then gained by 4.82% to $1.4 billion in 2026.
- Business Quant data shows INGR's Cost of Revenue at $1.4 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 3.83 Bn |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 3.01 Bn |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 2.45 Bn |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 1.16 Bn |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 3.29 Bn |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 1.15 Bn |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | 151.99 Mn |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | 2.18 Bn |
| 10 | Ingredion | 6.39 Bn | 5.47 Bn | 401.00 Mn | 1.39 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.39 Bn |
| Mar 31, 2026 | 1.39 Bn |
| Dec 31, 2025 | 1.33 Bn |
| Dec 31, 2025 | 1.33 Bn |
| Sep 30, 2025 | 1.36 Bn |
| Sep 30, 2025 | 1.36 Bn |
| Jun 30, 2025 | 1.36 Bn |
| Jun 30, 2025 | 1.36 Bn |
| Mar 31, 2025 | 1.35 Bn |
| Mar 31, 2025 | 1.35 Bn |
| Dec 31, 2024 | 1.35 Bn |
| Dec 31, 2024 | 1.35 Bn |
| Sep 30, 2024 | 1.39 Bn |
| Sep 30, 2024 | 1.39 Bn |
| Jun 30, 2024 | 1.43 Bn |
| Jun 30, 2024 | 1.43 Bn |
| Mar 31, 2024 | 1.47 Bn |
| Mar 31, 2024 | 1.47 Bn |
| Dec 31, 2023 | 1.52 Bn |
| Dec 31, 2023 | 1.52 Bn |