Ingredion Q1 FY26 net income drops 28% to $142 million; net sales slip 1% to $1.79 billion

Ingredion Incorporated

Ingredion Incorporated

INGR

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  • Ingredion posted first-quarter net income attributable to shareholders of $142 million, down from $197 million a year earlier, as operating income fell 26% to $203 million.
  • Net sales slipped 1% to $1.79 billion; gross profit margin narrowed 4 percentage points to 22%.
  • Food & Industrial Ingredients-U.S./Canada operating income dropped 63% to $34 million on production challenges at Argo facility, while segment net sales declined 9% to $475 million.
  • Texture & Healthful Solutions net sales rose to $617 million, lifting segment operating income 1% to $100 million, while Food & Industrial Ingredients-LATAM operating income fell 9% to $115 million.
  • Cash provided by operating activities totaled $33 million, down from $77 million a year earlier; capital expenditures and mechanical stores purchases increased to $110 million.


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