Ingredion (INGR) Operating Income (2009 - 2026)
Ingredion's (INGR) quarterly Operating Income came in at $203.0 million in Q1 2026, down 26.45% YoY from $276.0 million in Q1 2025, and down 7.73% on a QoQ basis from $220.0 million in Q4 2025.
Ingredion (INGR) Operating Income (2009 - 2026) Analysis & Trends
Ingredion (INGR) has 18 years of Operating Income data on file, last reported at $203.0 million in Q1 2026.
- Quarterly Operating Income fell 26.45% year-over-year to $203.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $943.0 million (changed 0.32% YoY) and the FY2025 annual result came in at $1.0 billion, up 15.06% from the prior year.
- Operating Income fell to $203.0 million in Q1 2026, from $220.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $291.0 million in Q1 2023 to a low of $157.0 million in Q4 2022.
- A 5-year average of $224.8 million and a median of $213.0 million in 2022 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income jumped 223.53% — and 2024, when it decreased 26.8%.
- Tracing INGR's Operating Income over 5 years: stood at $157.0 million in 2022, then grew by 28.66% to $202.0 million in 2023, then retreated by 19.8% to $162.0 million in 2024, then soared by 35.8% to $220.0 million in 2025, then dropped by 7.73% to $203.0 million in 2026.
- The last three Operating Income figures came in at $203.0 million (Q1 2026), $220.0 million (Q4 2025), and $249.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | -6.43 Bn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | -2.09 Bn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 276.40 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 1.08 Bn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 444.50 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 217.11 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 555.24 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 290.00 Mn |
| 10 | Ingredion | 6.77 Bn | 5.82 Bn | 426.00 Mn | 188.00 Mn |
Historic Data
Download 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 |