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Ingredion INGR Operating Expenses

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Other financials

Income statement

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Revenue$1.8B-1.2%
Gross profit$401.0M-13.9%
Operating income$203.0M-26.4%
Net income$142.0M-27.9%
EPS (diluted)$2.22-26.0%

Balance sheet

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Cash & equivalents$914.0M+9.2%
Total debt$1.9B+4.5%
Total equity$4.4B+10.2%
Total assets$7.9B+6.2%

Cash flow

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Operating cash flow$33.0M-57.1%
CapEx$110.0M+19.6%
Free cash flow-$77.0M-413%

Valuation

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Market cap$6.18B-18.3%
Enterprise value$7.17B-16.4%
P/E9.2×-2.9×
P/S0.9×-0.2×

Profitability

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Gross margin24.5%-0.5pp
Operating margin13.1%+0.2pp
Net margin9.4%+0.8pp
FCF margin6.2%-7.1pp

Returns & leverage

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Return on equity16.1%-0.2pp
Debt / equity0.4×0.0×
Current ratio2.8×-0.1×

Where this comes from

Reported directly by Ingredion in its filing.

Tagged under the XBRL concept ingr:OperatingExpensesExcludingRestructuringCharges.

The official record: Ingredion’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ingredion's operating expenses?
Ingredion (INGR) reported operating expenses of $200M in Q1 2026.
How has Ingredion's operating expenses changed year-over-year?
Ingredion's operating expenses increased by 3.6% year-over-year, from $193M to $200M.
What is the long-term trend for Ingredion's operating expenses?
Over 4 years (2021 to 2025), Ingredion's operating expenses has grown at a 5.1% compound annual growth rate (CAGR), from $668M to $815M.
What does operating expenses mean?
This metric represents the recurring costs incurred by the company to support core business operations, excluding non-recurring restructuring or impairment charges. It captures selling, general, and administrative expenses necessary to maintain the production and distribution of food and beverage ingredients. Monitoring this figure helps investors assess the company's operational efficiency and its ability to manage overhead relative to revenue growth.