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Allegion ALLE Services and software — Net revenues

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$2.71B+5.5%
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Other financials

Income statement

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Revenue$1.2B+12.7%
Gross profit$517.5M+10.9%
Operating income$254.7M+15.9%
Net income$184.6M+15.6%
EPS (diluted)$2.15+16.2%

Balance sheet

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Cash & equivalents$320.6M-51.2%
Total debt$2.2B-0.4%
Total equity$2.1B+18.6%
Total assets$5.4B+9.1%

Cash flow

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Operating cash flow$198.4M-5.4%
CapEx$17.9M+1.1%
Free cash flow$180.5M-6.0%

Valuation

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Market cap$14.06B-1.0%
Enterprise value$15.96B+1.2%
P/E21.4×-1.3×
P/S3.3×-0.4×

Profitability

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Gross margin44.8%0.0pp
Operating margin20.8%-0.2pp
Net margin15.4%-0.8pp
FCF margin15.6%-2.0pp

Returns & leverage

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Return on equity33.7%-5.3pp
Debt / equity-0.2×
Current ratio1.9×-0.4×

Where this comes from

Reported directly by Allegion in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Allegion’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 6:06 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001579241-26-000028
In millionsThree months ended June 30, 2026 / Allegion AmericasThree months ended June 30, 2026 / Allegion InternationalThree months ended June 30, 2026 / TotalSix months ended June 30, 2026 / Allegion AmericasSix months ended June 30, 2026 / Allegion InternationalSix months ended June 30, 2026 / Total
Net revenues
Products$870.6$210.0$1,080.6$1,630.2$412.0$2,042.2
Services and software48.022.970.998.344.6142.9
Total Net revenues$918.6$232.9$1,151.5$1,728.5$456.6$2,185.1

Item 1 – Financial Statements

FAQ

What is Allegion's services and software — net revenues?
Allegion (ALLE) reported services and software — net revenues of $70.9M in Q2 2026.
How has Allegion's services and software — net revenues changed year-over-year?
Allegion's services and software — net revenues increased by 12.4% year-over-year, from $63.1M to $70.9M.
What is the long-term trend for Allegion's services and software — net revenues?
Over 4 years (2021 to 2025), Allegion's services and software — net revenues has grown at a 69.3% compound annual growth rate (CAGR), from $33.9M to $278.3M.
What does services and software — net revenues mean?
This metric represents the total net revenue generated from the sale of digital security solutions, software-as-a-service (SaaS) platforms, and associated technical support or maintenance services. It captures the shift from traditional hardware-centric security products toward recurring revenue models and integrated digital access management systems. This segment is critical for assessing the company's ability to monetize software ecosystems and enhance customer retention through digital connectivity.

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