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Side-by-side financial comparison of Ingredion Inc (INGR) and Triumph Financial, Inc. (TFIN). Click either name above to swap in a different company.

Triumph Financial, Inc. is the larger business by last-quarter revenue ($2.4B vs $1.8B, roughly 1.4× Ingredion Inc). Ingredion Inc runs the higher net margin — 9.5% vs 0.3%, a 9.2% gap on every dollar of revenue. On growth, Triumph Financial, Inc. posted the faster year-over-year revenue change (2.6% vs -2.4%). Over the past eight quarters, Triumph Financial, Inc.'s revenue compounded faster (377.6% CAGR vs -3.4%).

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.

The Triumph Motor Company was a British car and motor manufacturing company in the 19th and 20th centuries. The marque had its origins in 1885 when Siegfried Bettmann of Nuremberg formed S. Bettmann & Co. and started importing bicycles from Europe and selling them under his own trade name in London. The trade name became "Triumph" the following year, and in 1887 Bettmann was joined by a partner, Moritz Schulte, also from Germany. In 1889, the businessmen started producing their own bicycles i...

INGR vs TFIN — Head-to-Head

Bigger by revenue
TFIN
TFIN
1.4× larger
TFIN
$2.4B
$1.8B
INGR
Growing faster (revenue YoY)
TFIN
TFIN
+4.9% gap
TFIN
2.6%
-2.4%
INGR
Higher net margin
INGR
INGR
9.2% more per $
INGR
9.5%
0.3%
TFIN
Faster 2-yr revenue CAGR
TFIN
TFIN
Annualised
TFIN
377.6%
-3.4%
INGR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
INGR
INGR
TFIN
TFIN
Revenue
$1.8B
$2.4B
Net Profit
$167.0M
$6.4M
Gross Margin
24.5%
86.1%
Operating Margin
12.5%
Net Margin
9.5%
0.3%
Revenue YoY
-2.4%
2.6%
Net Profit YoY
72.2%
-66.9%
EPS (diluted)
$2.58
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INGR
INGR
TFIN
TFIN
Q1 26
$2.4B
Q4 25
$1.8B
$120.1M
Q3 25
$1.8B
$109.3M
Q2 25
$1.8B
$108.1M
Q1 25
$1.8B
$101.6M
Q4 24
$1.8B
$103.6M
Q3 24
$1.9B
$106.2M
Q2 24
$1.9B
$105.1M
Net Profit
INGR
INGR
TFIN
TFIN
Q1 26
$6.4M
Q4 25
$167.0M
Q3 25
$171.0M
$1.7M
Q2 25
$196.0M
$4.4M
Q1 25
$197.0M
$17.0K
Q4 24
$97.0M
$3.8M
Q3 24
$188.0M
$5.3M
Q2 24
$148.0M
$2.7M
Gross Margin
INGR
INGR
TFIN
TFIN
Q1 26
86.1%
Q4 25
24.5%
Q3 25
25.1%
Q2 25
26.0%
Q1 25
25.7%
Q4 24
24.9%
Q3 24
25.6%
Q2 24
23.7%
Operating Margin
INGR
INGR
TFIN
TFIN
Q1 26
Q4 25
12.5%
Q3 25
13.7%
1.2%
Q2 25
14.8%
7.3%
Q1 25
15.2%
0.1%
Q4 24
9.0%
5.6%
Q3 24
14.3%
5.9%
Q2 24
12.8%
3.4%
Net Margin
INGR
INGR
TFIN
TFIN
Q1 26
0.3%
Q4 25
9.5%
Q3 25
9.4%
1.6%
Q2 25
10.7%
4.1%
Q1 25
10.9%
0.0%
Q4 24
5.4%
3.7%
Q3 24
10.1%
5.0%
Q2 24
7.9%
2.6%
EPS (diluted)
INGR
INGR
TFIN
TFIN
Q1 26
$0.23
Q4 25
$2.58
Q3 25
$2.61
$0.04
Q2 25
$2.99
$0.15
Q1 25
$3.00
$-0.03
Q4 24
$1.43
$0.13
Q3 24
$2.83
$0.19
Q2 24
$2.22
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INGR
INGR
TFIN
TFIN
Cash + ST InvestmentsLiquidity on hand
$1.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3B
$950.7M
Total Assets
$7.9B
$6.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INGR
INGR
TFIN
TFIN
Q1 26
Q4 25
$1.0B
$248.5M
Q3 25
$915.0M
$147.2M
Q2 25
$861.0M
$282.3M
Q1 25
$837.0M
$502.9M
Q4 24
$997.0M
$330.1M
Q3 24
$877.0M
$489.3M
Q2 24
$505.0M
$500.7M
Stockholders' Equity
INGR
INGR
TFIN
TFIN
Q1 26
$950.7M
Q4 25
$4.3B
$941.8M
Q3 25
$4.2B
$919.3M
Q2 25
$4.2B
$912.4M
Q1 25
$4.0B
$893.9M
Q4 24
$3.8B
$890.9M
Q3 24
$4.0B
$885.8M
Q2 24
$3.7B
$874.2M
Total Assets
INGR
INGR
TFIN
TFIN
Q1 26
$6.9B
Q4 25
$7.9B
$6.4B
Q3 25
$7.8B
$6.4B
Q2 25
$7.8B
$6.5B
Q1 25
$7.5B
$6.3B
Q4 24
$7.4B
$5.9B
Q3 24
$7.5B
$5.9B
Q2 24
$7.2B
$5.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INGR
INGR
TFIN
TFIN
Operating Cash FlowLast quarter
$405.0M
Free Cash FlowOCF − Capex
$270.0M
FCF MarginFCF / Revenue
15.4%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
2.43×
TTM Free Cash FlowTrailing 4 quarters
$511.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INGR
INGR
TFIN
TFIN
Q1 26
Q4 25
$405.0M
$67.1M
Q3 25
$277.0M
$24.4M
Q2 25
$185.0M
$9.8M
Q1 25
$77.0M
$-3.6M
Q4 24
$436.0M
$58.5M
Q3 24
$479.0M
$26.6M
Q2 24
$312.0M
$21.9M
Free Cash Flow
INGR
INGR
TFIN
TFIN
Q1 26
Q4 25
$270.0M
Q3 25
$172.0M
$22.4M
Q2 25
$84.0M
$6.8M
Q1 25
$-15.0M
$-7.9M
Q4 24
$311.0M
Q3 24
$429.0M
$25.8M
Q2 24
$257.0M
$-31.9M
FCF Margin
INGR
INGR
TFIN
TFIN
Q1 26
Q4 25
15.4%
Q3 25
9.5%
20.5%
Q2 25
4.6%
6.2%
Q1 25
-0.8%
-7.7%
Q4 24
17.3%
Q3 24
22.9%
24.3%
Q2 24
13.7%
-30.3%
Capex Intensity
INGR
INGR
TFIN
TFIN
Q1 26
Q4 25
7.7%
Q3 25
5.8%
1.8%
Q2 25
5.5%
2.8%
Q1 25
5.1%
4.2%
Q4 24
6.9%
Q3 24
2.7%
0.8%
Q2 24
2.9%
51.1%
Cash Conversion
INGR
INGR
TFIN
TFIN
Q1 26
Q4 25
2.43×
Q3 25
1.62×
14.29×
Q2 25
0.94×
2.22×
Q1 25
0.39×
-212.82×
Q4 24
4.49×
15.25×
Q3 24
2.55×
4.97×
Q2 24
2.11×
7.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INGR
INGR

Food And Industrial Ingredients LATAM Segment$599.0M34%
Texture And Healthful Solutions Segment$598.0M34%
Food And Industrial Ingredients U.S.Canada Segment$486.0M28%
Other$74.0M4%

TFIN
TFIN

Segment breakdown not available.

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