Ingredion (INGR) Gross Margin (2009 - 2026)
Ingredion's (INGR) quarterly Gross Margin came in at 23.03% in Q2 2026, down 300.0% on a YoY basis from 11.51% in Q2 2025, and up 2.9% quarter-over-quarter from 22.38% in Q1 2026.
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Ingredion (INGR) Gross Margin (2009 - 2026) Analysis & Trends
Ingredion (INGR) has reported Gross Margin for 18 consecutive years, with 23.03% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 300.0% year-over-year to 23.03%; the trailing twelve-month figure through Jun 2026 stood at 23.73% (down 185.0% YoY), and the FY2025 full-year result was 25.32%, up 122.0% from the prior year.
- Gross Margin improved to 23.03% in Q2 2026 per INGR's latest filing, from 22.38% in the prior quarter.
- Across five years, Gross Margin topped out at 26.02% in Q2 2025 and bottomed at 17.66% in Q4 2022.
- Historically, Gross Margin has averaged 22.45% across 5 years, with a median of 22.58% in 2023.
- The sharpest annual moves came in 2024 and 2026: Gross Margin soared 491 bps in 2024, then tumbled 333 bps in 2026.
- Over 5 years, Gross Margin stood at 17.66% in 2022, then gained by 18 bps to 20.82% in 2023, then increased by 20 bps to 24.94% in 2024, then retreated by 2 bps to 24.47% in 2025, then declined by 6 bps to 23.03% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 23.03%, 22.38%, and 24.47% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 40.78 Bn | 31.49 Bn | 1.94 Bn | 8.53% |
| 2 | Bunge Global | 22.80 Bn | 23.56 Bn | 1.68 Bn | 6.99% |
| 3 | Darling Ingredients | 10.29 Bn | 10.19 Bn | 503.37 Mn | 29.20% |
| 4 | Ingredion | 6.39 Bn | 5.44 Bn | 426.00 Mn | 23.03% |
| 5 | Scotts Miracle-Gro | 3.46 Bn | 3.43 Bn | 365.90 Mn | 31.22% |
| 6 | Andersons | 2.35 Bn | 2.33 Bn | 223.73 Mn | 7.22% |
| 7 | Del Monte | 1.51 Bn | 1.49 Bn | 121.30 Mn | 9.95% |
| 8 | Dole | 1.32 Bn | 1.14 Bn | 195.30 Mn | 7.81% |
| 9 | Adecoagro | 1.20 Bn | 1.01 Bn | 167.30 Mn | 31.50% |
| 10 | Universal | 1.14 Bn | 892.75 Mn | 83.09 Mn | 15.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.03% |
| 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% |