Filing Flows › Ingredion (INGR) › Q2 2026
Ingredion (INGR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Ingredion (INGR) reported revenue of $1.9B for the second quarter 2026 (Q2 2026), +0.9% from a year earlier and +3% from the quarter before. Operating margin was 10.2%, net earnings $114M (6.2% of revenue).
Ingredion, Q2 2026: revenue $1.9B (+0.9% year over year), operating margin 10.2%, net earnings $114M, operating cash flow $90.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +3% | +0.9% |
| Gross profit | $426M | +6% | -11% |
| Operating profit | $188M | -7% | -31% |
| Net earnings | $114M | -20% | -42% |
| Operating cash flow | $90.0M | +173% | -51% |
What changed
Revenue was $1.9B in Q2 2026, up 1% year over year and up 3% from the previous quarter.
Gross margin was 23.0%, down 3.0 points from Q2 2025. Operating profit was $0.19B, a 10.2% margin (down 4.6 points year over year). Operating profit fell $0.08B even though revenue rose $0.02B versus Q2 2025, so costs grew faster than sales. Operating expenses grew 16% against revenue growth of 1%. Net earnings were $0.11B, down 42% year over year. The effective tax rate was 33.7%.
Operating cash flow was $0.09B (down 51% year over year), 78% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.10B exceeded it, leaving free cash flow of −$0.01B.
Questions
What was Ingredion's revenue in the second quarter 2026?
Ingredion (INGR) reported revenue of $1.9B for the second quarter 2026 (Q2 2026), +0.9% from a year earlier and +3% from the quarter before.
Was Ingredion profitable in the second quarter 2026?
Operating profit was $188M (10.2% of revenue) and net earnings $114M.
Source: Ingredion 10-Q on SEC EDGAR.