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Allegion ALLE Products — Net revenues

Other product segments

Mechanical products
$2.71B+5.5%
Electronic products
$1.08B+13.6%
Services and software
$72M+15.4%

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Other financials

Income statement

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Revenue$1.0B+9.7%
Gross profit$454.5M+7.6%
Operating income$195.3M-0.6%
Net income$138.1M-6.8%
EPS (diluted)$1.59-7.0%

Balance sheet

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Cash & equivalents$308.9M-37.5%
Total debt$2.2B+3.6%
Total equity$2.1B+30.8%
Total assets$5.3B+16.4%

Cash flow

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Operating cash flow$101.3M-3.1%
CapEx$21.0M-0.5%
Free cash flow$80.3M-3.7%

Valuation

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Market cap$11.48B+11.2%
Enterprise value$13.39B+11.8%
P/E18.1×+1.5×
P/S2.8×+0.1×

Profitability

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Gross margin45%+0.5pp
Operating margin20.6%-0.4pp
Net margin15.2%-1.0pp
FCF margin16.4%-0.4pp

Returns & leverage

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Return on equity34.2%-7.9pp
Debt / equity1.1×-0.3×
Current ratio1.9×-0.3×

Where this comes from

Reported directly by Allegion in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Allegion’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Allegion's products — net revenues?
Allegion (ALLE) reported products — net revenues of $961.6M in Q1 2026.
How has Allegion's products — net revenues changed year-over-year?
Allegion's products — net revenues increased by 9.3% year-over-year, from $879.5M to $961.6M.
What is the long-term trend for Allegion's products — net revenues?
Over 4 years (2021 to 2025), Allegion's products — net revenues has grown at a 7.5% compound annual growth rate (CAGR), from $2.83B to $3.79B.
What does products — net revenues mean?
The total amount of money earned from selling the company's physical and electronic security products.
How do you interpret products — net revenues?
An increase indicates successful market penetration, effective pricing strategies, or growth in demand for security hardware, while a decrease may signal market share loss or cyclical slowdowns in construction and renovation activity.
How does products — net revenues compare across companies?
Peers in the security and access control industry typically report this as 'Product Revenue' or 'Hardware Sales,' often benchmarked against organic growth rates and market share expansion in the commercial and residential sectors.