Ingredion (INGR) Operating Income (2009 - 2026)
Ingredion (INGR) reported Operating Income of $188 million for Q2 2026, down 30.6% from $271 million a year earlier and down 7.4% from the prior quarter.
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Analysis
Ingredion (INGR) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ingredion's Operating Income came in at $860 million, down 12.0% year-over-year; for FY2025, it came in at $1.02 billion, up 15.1% from FY2024.
- Operating Income has a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- By year, Operating Income came in at $883 million in FY2024 (-7.7%), $957 million in FY2023 (+25.6%), $762 million in FY2022 (+145.8%) and $310 million in FY2021 (-46.7%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Income since Q4 2024.
- Year over year, Operating Income gained in four of the last eight quarters, with growth averaging 2.5%.
- The high point for year-over-year Operating Income in five years was Q4 2022 (growth of 82.6%); the low point was Q4 2021 (a decline of 47.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $203 million (Q1 2026), $220 million (Q4 2025) and $249 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.27 Bn | 34.56 Bn | 1.94 Bn | 896.00 Mn |
| 2 | Bunge Global | 20.55 Bn | 18.06 Bn | 1.68 Bn | 1.08 Bn |
| 3 | Tyson Foods | 17.78 Bn | 14.14 Bn | 921.00 Mn | 362.00 Mn |
| 4 | Jbs | 12.53 Bn | -20.58 Bn | 2.59 Bn | 597.11 Mn |
| 5 | Darling Ingredients | 9.59 Bn | 9.18 Bn | 503.37 Mn | 555.24 Mn |
| 6 | Smithfield Foods | 7.37 Bn | 2.32 Bn | 478.00 Mn | 290.00 Mn |
| 7 | Pilgrims Pride | 6.43 Bn | 4.26 Bn | 339.75 Mn | 65.95 Mn |
| 8 | Ingredion | 6.05 Bn | 2.22 Bn | 426.00 Mn | 188.00 Mn |
| 9 | Seaboard | 3.78 Bn | -1.04 Bn | 221.00 Mn | 100.00 Mn |
| 10 | Cal-Maine Foods | 3.18 Bn | 2.21 Bn | 403,000.00 | -82.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 188.00 Mn |
| Mar 31, 2026 | 203.00 Mn |
| Dec 31, 2025 | 220.00 Mn |
| Sep 30, 2025 | 249.00 Mn |
| Jun 30, 2025 | 271.00 Mn |
| Mar 31, 2025 | 276.00 Mn |
| Dec 31, 2024 | 162.00 Mn |
| Sep 30, 2024 | 268.00 Mn |
| Jun 30, 2024 | 240.00 Mn |
| Mar 31, 2024 | 213.00 Mn |
| Dec 31, 2023 | 202.00 Mn |
| Sep 30, 2023 | 213.00 Mn |
| Jun 30, 2023 | 251.00 Mn |
| Mar 31, 2023 | 291.00 Mn |
| Dec 31, 2022 | 157.00 Mn |
| Sep 30, 2022 | 182.00 Mn |
| Jun 30, 2022 | 213.00 Mn |
| Mar 31, 2022 | 210.00 Mn |
| Dec 31, 2021 | 86.00 Mn |
| Sep 30, 2021 | 172.00 Mn |
API Access
Ingredion Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=INGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "INGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=INGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();