Ingredion (INGR) Gross Margin (2009 - 2026)

Ingredion (INGR) reported Gross Margin of 22.38% for Q1 2026, down 333.0% on a YoY basis from 9.6% in Q1 2025, and down 8.57% quarter-over-quarter from 24.47% in Q4 2025.

Ingredion (INGR) Gross Margin (2009 - 2026) Analysis & Trends

Ingredion has reported Gross Margin for 18 years, with the latest figure at 22.38% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 333.0% year-over-year to 22.38%; the trailing twelve-month figure through Mar 2026 stood at 24.49% (down 50.0% YoY), and the FY2025 full-year result was 25.32%, up 122.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 22.38%, down from 24.47% in the prior quarter.
  • The five-year high for Gross Margin was 26.02% in Q2 2025, with the low at 17.66% in Q4 2022.
  • Historically, Gross Margin has averaged 22.41% across 5 years, with a median of 22.38% in 2026.
  • Annual changes were most pronounced in 2024 — Gross Margin surged 491 bps — and 2026, when it slumped 333 bps.
  • Ingredion's Gross Margin stood at 17.66% in 2022, then increased by 18 bps to 20.82% in 2023, then climbed by 20 bps to 24.94% in 2024, then declined by 2 bps to 24.47% in 2025, then slipped by 9 bps to 22.38% in 2026.
  • The last three Gross Margin figures came in at 22.38% (Q1 2026), 24.47% (Q4 2025), and 25.06% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Paranovus Entertainment Technology 75,216.52 Bn 75,216.52 Bn - -
2 Kraft Heinz 26.76 Bn 22.68 Bn 2.22 Bn 36.70%
3 General Mills 17.79 Bn 17.02 Bn 1.37 Bn 30.81%
4 Jbs 13.93 Bn 9.37 Bn 2.32 Bn -
5 Hormel Foods 13.00 Bn 12.16 Bn 518.51 Mn 17.44%
6 Mccormick 12.70 Bn 13.10 Bn 708.90 Mn 37.83%
7 Magnum Ice Cream 12.17 Bn 11.70 Bn - -
8 J M Smucker 11.05 Bn 10.99 Bn 827.80 Mn 35.39%
9 Smithfield Foods 10.57 Bn 9.49 Bn 511.00 Mn 13.45%
10 Ingredion 7.22 Bn 6.19 Bn 401.00 Mn 22.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.38%
Dec 31, 2025 24.47%
Sep 30, 2025 25.06%
Jun 30, 2025 26.02%
Mar 31, 2025 25.70%
Dec 31, 2024 24.94%
Sep 30, 2024 25.61%
Jun 30, 2024 23.75%
Mar 31, 2024 22.16%
Dec 31, 2023 20.82%
Sep 30, 2023 20.71%
Jun 30, 2023 21.31%
Mar 31, 2023 22.79%
Dec 31, 2022 17.66%
Sep 30, 2022 18.49%
Jun 30, 2022 19.08%
Mar 31, 2022 20.03%
Dec 31, 2021 16.52%
Sep 30, 2021 18.32%
Jun 30, 2021 20.83%