Ingredion Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,198	7,219	7,430	8,160	7,946	6,894
Revenue Growth (YoY)	-2.21%	-2.84%	-8.95%	2.69%	15.26%	15.15%
Cost of Revenue	5,435	5,391	5,639	6,411	6,452	5,563
Gross Profit	1,763	1,828	1,791	1,749	1,494	1,331
Selling, General & Admin	822	815	782	789	715	668
Other Operating Expenses	-2	-3	126	3	17	353
Total Operating Expenses	820	812	908	792	732	1,021
Operating Income	943	1,016	883	957	762	310
Interest Expense	-37	-37	-39	-114	-99	-74
Other Non-Operating Income (Expense)	5	5	-87	4	-5	-12
Total Non-Operating Income (Expense)	-32	-32	-126	-110	-104	-86
Pretax Income	901	974	931	839	668	248
Provision for Income Taxes	220	238	277	188	166	123
Net Income	674	729	647	643	492	117
Minority Interest in Earnings	7	7	7	8	10	8
Net Income to Common	674	729	647	643	492	117
Net Income Growth	7.32%	12.67%	0.62%	30.69%	320.51%	-66.38%
Shares Outstanding (Basic)	64	64	66	66	66	67
Shares Outstanding (Diluted)	65	65	67	67	67	68
Shares Change (YoY)	-2.26%	-2.10%	-0.60%	-	-1.18%	0.30%
EPS (Basic)	10.54	11.36	9.88	9.74	7.43	1.74
EPS (Diluted)	10.38	11.18	9.71	9.60	7.34	1.73
EPS Growth	9.49%	15.14%	1.15%	30.79%	324.28%	-66.41%
Shares Outstanding	63	62.97	64.5	65.2	65.69	66.66
Free Cash Flow	449	511	1,141	743	-148	92
Free Cash Flow Growth	-12.13%	-55.22%	53.57%	-	-	-81.19%
Free Cash Flow Per Share	6.92	7.84	17.13	11.09	-2.21	1.36
Dividends Per Share	3.260	3.240	3.160	2.980	2.720	2.580
Dividend Growth	0.62%	2.53%	6.04%	9.56%	5.43%	1.57%
Gross Margin	24.49%	25.32%	24.10%	21.43%	18.80%	19.31%
Operating Margin	13.10%	14.07%	11.88%	11.73%	9.59%	4.50%
Profit Margin	9.46%	10.20%	8.80%	7.98%	6.32%	1.81%
FCF Margin	6.24%	7.08%	15.36%	9.11%	-1.86%	1.33%
EBITDA	1,165	1,238	1,097	1,176	977	530
EBITDA Margin	16.19%	17.15%	14.76%	14.41%	12.30%	7.69%
EBIT	943	1,016	883	957	762	310
EBIT Margin	13.10%	14.07%	11.88%	11.73%	9.59%	4.50%
Effective Tax Rate	24.42%	24.44%	29.75%	22.41%	24.85%	49.60%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q