Filing Flows › Allegion (ALLE) › Q1 2026
Allegion (ALLE) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 28, 2026
Allegion (ALLE) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +10% from a year earlier and 0% from the quarter before. Operating margin was 18.9%, net earnings $138M (13.4% of revenue).
Allegion, Q1 2026: revenue $1.0B (+10% year over year), operating margin 18.9%, net earnings $138M, operating cash flow $101M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | 0% | +10% |
| Operating profit | $195M | -7% | -0.6% |
| Net earnings | $138M | -6% | -7% |
| Operating cash flow | $101M | -58% | -3% |
| Free cash flow | $80.3M | -60% | -4% |
What changed
Revenue was $1.0B in Q1 2026, up 10% year over year and roughly flat from the previous quarter. Products was the largest line at 93% of revenue. Products added $0.08B year over year (up 9%), 90% of the total change.
Operating profit was $0.20B, a 18.9% margin (down 2.0 points year over year). Operating profit fell $1.1M even though revenue rose $0.09B versus Q1 2025, so costs grew faster than sales. Total costs grew 12% against revenue growth of 10%. The fastest-growing cost line was SG&A (+15%). Net earnings were $0.14B, down 7% year over year. The effective tax rate was 19.5%.
Operating cash flow was $0.10B (down 3% year over year), 73% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.02B left free cash flow of $0.08B.
Questions
What was Allegion's revenue in the first quarter 2026?
Allegion (ALLE) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +10% from a year earlier and 0% from the quarter before.
Was Allegion profitable in the first quarter 2026?
Operating profit was $195M (18.9% of revenue) and net earnings $138M.
Source: Allegion 10-Q on SEC EDGAR.