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How Allegion (ALLE) makes money

Allegion (ALLE) made $1.2B of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Products brought in $1.1B (94%); Services and software brought in $73.8M (6%). Of every dollar of revenue, 24¢ was left as operating profit, 19¢ was left as net earnings.

Drawing the Sankey…

Allegion revenue by segment, Q3 2026Allegion revenue by segment, Q3 2026Products$1.1BServices and software$73.8M
Allegion: revenue by line, Q1 2026 to Q3 2026Allegion: revenue by line, Q1 2026 to Q3 2026ProductsServices and softwareProducts: $1.1B latest$1.1BServices and software: $73.8M latestQ1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2026 and Q3 2026.
Allegion revenue by quarterAllegion revenue by quarter$942MQ1 2025$1.0BQ2 2025$1.1BQ3 2025$1.0BQ4 2025$1.0BQ1 2026$1.2BQ2 2026$1.2BQ3 2026
Allegion: where each dollar of revenue goesAllegion: where each dollar of revenue goesOperating profit24¢Income tax4¢Net earnings19¢Operating cash flow26¢Free cash flow24¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Products$1.1B93.7%+2%+9%
Services and software$73.8M6.3%+4%+22%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.2B100.0%
Operating profit$285M24.3%
Income tax$46.9M4.0%
Net earnings$221M18.8%
Operating cash flow$304M26.0%
Free cash flow$279M23.8%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.2B+10%
Q2 2026$1.2B+13%
Q1 2026$1.0B+10%
Q4 2025$1.0B+9%
Q3 2025$1.1B+11%
Q2 2025$1.0B+6%
Q1 2025$942M+5%

From Allegion's 10-Q filed Oct 22, 2026 (on EDGAR).

Questions

How does Allegion make money?

Allegion (ALLE) made $1.2B of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Products brought in $1.1B (94%); Services and software brought in $73.8M (6%). Of every dollar of revenue, 24¢ was left as operating profit, 19¢ was left as net earnings.

What is Allegion's biggest business?

Products: $1.1B in the third quarter 2026, 94% of revenue, +9% from a year earlier.

What is Allegion's profit margin?

Net earnings were $221M, 18.8% of revenue, in the third quarter 2026; the operating margin was 24.3%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.