Ingredion (INGR) Operating Expenses (2009 - 2026)
Ingredion's (INGR) quarterly Operating Expenses came in at $11.0 million in Q1 2026, up 57.14% YoY from $7.0 million in Q1 2025, and down 21.43% on a QoQ basis from $14.0 million in Q4 2025.
Ingredion (INGR) Operating Expenses (2009 - 2026) Analysis & Trends
Ingredion (INGR) has 18 years of Operating Expenses data on file, last reported at $11.0 million in Q1 2026.
- Quarterly Operating Expenses rose 57.14% year-over-year to $11.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $31.0 million (down 76.34% YoY) and the FY2025 annual result came in at $21.0 million, down 83.46% from the prior year.
- Operating Expenses retreated to $11.0 million in Q1 2026, from $14.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $109.0 million in Q4 2024 to a low of -$2.0 million in Q4 2022.
- A 5-year average of $12.0 million and a median of $3.0 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 108.0% — and 2024, when it soared 10800.0%.
- Tracing INGR's Operating Expenses over 5 years: stood at -$2.0 million in 2022, then soared by 150.0% to $1.0 million in 2023, then soared by 10800.0% to $109.0 million in 2024, then plunged by 87.16% to $14.0 million in 2025, then slipped by 21.43% to $11.0 million in 2026.
- The last three Operating Expenses figures came in at $11.0 million (Q1 2026), $14.0 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.34 Bn | 27.66 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 21.41 Bn | 20.96 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 15.04 Bn | 14.71 Bn | 778.20 Mn | 441.80 Mn |
| 4 | Jbs | 14.90 Bn | 11.43 Bn | 4.91 Bn | 3.83 Bn |
| 5 | J M Smucker | 13.22 Bn | 13.16 Bn | 862.10 Mn | 362.30 Mn |
| 6 | Hormel Foods | 13.17 Bn | 12.31 Bn | 518.51 Mn | 318.62 Mn |
| 7 | Magnum Ice Cream | 12.14 Bn | 11.42 Bn | - | - |
| 8 | Darling Ingredients | 10.47 Bn | 10.31 Bn | 503.37 Mn | 1.52 Bn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 191.00 Mn |
| 10 | Ingredion | 6.80 Bn | 5.85 Bn | 426.00 Mn | 45.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 45.00 Mn |
| Mar 31, 2026 | 11.00 Mn |
| Dec 31, 2025 | 14.00 Mn |
| Sep 30, 2025 | 3.00 Mn |
| Jun 30, 2025 | 3.00 Mn |
| Mar 31, 2025 | 7.00 Mn |
| Dec 31, 2024 | 109.00 Mn |
| Sep 30, 2024 | 12.00 Mn |
| Jun 30, 2024 | 3.00 Mn |
| Mar 31, 2024 | 3.00 Mn |
| Dec 31, 2023 | 1.00 Mn |
| Sep 30, 2023 | 10.00 Mn |
| Dec 31, 2022 | -2.00 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | 2.00 Mn |
| Dec 31, 2021 | 25.00 Mn |
| Sep 30, 2021 | 8.00 Mn |
| Jun 30, 2021 | 4.00 Mn |
| Mar 31, 2021 | 1.00 Mn |