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| Date | Value |
|---|---|
| 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% |