Ingredion IncINGREarnings & Financial Report
Ingredion Inc. is an American food and beverage ingredient provider based in Westchester, Illinois, producing mainly starches, non-GMO sweeteners, stevia, and pea protein. The company turns corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums and other vegetables into ingredients for the food, beverage, brewing, and pharmaceutical industries and numerous industrial sectors. It has about 12,000 employees in 44 locations, and customers in excess of 120 countries.
Revenue
$1.9B
Gross Profit
$417.0M
Operating Profit
$213.0M
Net Profit
$216.0M
Gross Margin
22.2%
Operating Margin
11.3%
Net Margin
11.5%
YoY Growth
-11.9%
EPS
$3.23
Ingredion Inc Q1 FY2024 Financial Summary
Ingredion Inc reported revenue of $1.9B (down 11.9% YoY) for Q1 FY2024, with a net profit of $216.0M (up 13.1% YoY) (11.5% margin). Cost of goods sold was $1.5B, operating expenses totaled $204.0M.
Key Financial Metrics
| Total Revenue | $1.9B |
|---|---|
| Net Profit | $216.0M |
| Gross Margin | 22.2% |
| Operating Margin | 11.3% |
| Report Period | Q1 FY2024 |
Revenue Breakdown
Ingredion Inc Q1 FY2024 revenue of $1.9B breaks down across 4 segments, led by Food And Industrial Ingredients LATAM Segment at $626.0M (33.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Food And Industrial Ingredients LATAM Segment | $626.0M | 33.3% |
| Texture And Healthful Solutions Segment | $612.0M | 32.5% |
| Food And Industrial Ingredients U.S.Canada Segment | $567.0M | 30.1% |
| Other | $77.0M | 4.1% |
Ingredion Inc Revenue by Segment — Quarterly Trend
Ingredion Inc revenue by segment across the last 4 reported quarters, showing how each business line (such as Food And Industrial Ingredients LATAM Segment and Texture And Healthful Solutions Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Food And Industrial Ingredients LATAM Segment | $599.0M | $597.0M | $610.0M | $586.0M |
| Texture And Healthful Solutions Segment | $598.0M | $612.0M | $608.0M | $611.0M |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | $532.0M | $550.0M | $553.0M |
| Other | $74.0M | $75.0M | $65.0M | $63.0M |
Ingredion Inc Annual Revenue by Year
Ingredion Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $7.2B |
| 2024 | $7.4B |
| 2023 | $8.2B |
| 2022 | $7.9B |
Ingredion Inc Quarterly Revenue & Net Profit History
Ingredion Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.8B | -2.4% | $167.0M | 9.5% |
| Q3 FY2025 | $1.8B | -2.9% | $171.0M | 9.4% |
| Q2 FY2025 | $1.8B | -2.4% | $196.0M | 10.7% |
| Q1 FY2025 | $1.8B | -3.7% | $197.0M | 10.9% |
| Q4 FY2024 | $1.8B | -6.3% | $97.0M | 5.4% |
| Q3 FY2024 | $1.9B | -8.0% | $188.0M | 10.1% |
| Q2 FY2024 | $1.9B | -9.2% | $148.0M | 7.9% |
| Q1 FY2024 | $1.9B | -11.9% | $216.0M | 11.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.88B | $1.88B | $1.87B | $1.80B | $1.81B | $1.83B | $1.82B | $1.76B |
| YoY Growth | -11.9% | -9.2% | -8.0% | -6.3% | -3.7% | -2.4% | -2.9% | -2.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.32B | $7.22B | $7.53B | $7.44B | $7.47B | $7.78B | $7.83B | $7.90B |
| Liabilities | $3.49B | $3.44B | $3.50B | $3.55B | $3.42B | $3.50B | $3.51B | $3.53B |
| Equity | $3.72B | $3.71B | $3.95B | $3.80B | $3.98B | $4.20B | $4.24B | $4.27B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $209.0M | $312.0M | $479.0M | $436.0M | $77.0M | $185.0M | $277.0M | $405.0M |