)
Visual
test
Ingredion
Ingredion (INGR) investor relations material
Ingredion Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary3 Feb, 2026
Executive summary
Achieved record full-year 2025 operating income and EPS growth, led by Texture & Healthful Solutions and strong LATAM performance, despite operational setbacks at the Argo facility in U.S./Canada and industry volume softness.
Clean label ingredient volumes and solutions selling grew significantly, especially in Asia-Pacific and U.S./Canada, with margin-accretive results.
Protein fortification and plant-based protein businesses delivered over 40% net sales growth, with record quarterly sales and full 2026 capacity contracted.
Delivered $59 million in cost-to-compete run rate savings, exceeding the $50 million target, and completed major capital projects for future growth.
CFO James Gray announced retirement effective March 31, 2026; search for successor underway.
Financial highlights
Full-year 2025 net sales: $7.2B, down 3% year-over-year; gross profit up 2% to $1.83B; gross margin up to 25.3%.
Q4 net sales: $1.76B, down 2% year-over-year; Q4 adjusted operating income: $228M; Q4 adjusted EPS: $2.53.
Full-year reported/adjusted operating income: $1.016B/$1.028B; adjusted diluted EPS up 4.5% to $11.13; reported EPS: $11.18, up 15.1%.
Cash from operations: $944M; CapEx: $433M; share repurchases: $224M; dividends paid: $211M, with 11th consecutive annual increase.
Net income attributable to shareholders was $729M, up 13% from 2024.
Outlook and guidance
2026 net sales expected up low to mid-single digits; operating income up low single digits; adjusted EPS guidance: $11–$11.80.
2026 cash from operations: $820M–$940M; CapEx: $400M–$440M; share repurchase target: at least $100M.
Texture & Healthful Solutions and LATAM segments expected to see net sales and operating income up low to mid-single digits; U.S./Canada segment projected flat year-over-year; All Other to improve.
Q1 2026 net sales expected down low single digits, operating income down mid double digits due to tough prior-year comparison.
What drives 2026 cash from operations decline
Detail F&II-U.S./CAN operational improvements for 2026
What limits 2026 EPS growth despite segment momentum
Argo recovery impact on 2026 F&I U.S./CAN OI?
What drives T&HS margin expansion in 2026?
LatAm currency headwinds and growth drivers?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebPECO
2026 FFO per share growth guided at 5.5% with record occupancy and robust acquisitions. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRINet loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high.
- 6 FebCRINet loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
- 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance. - 6 FebCRIRevenue fell and losses deepened, but ESA contracts and R&D projects drive future prospects.
- 6 FebNVDA
AI-driven digital twins and real-time simulation will transform engineering and manufacturing. - 6 FebTUPRS
Net income reached TRY 29.5 billion, with strong dividends and a robust net cash position. - 6 FebCPT
2025 results beat guidance; Sun Belt focus, asset sales, and share buybacks drive 2026 strategy. - 6 FebCRIH1 2025 saw a return to profit, record revenues, and strong cash from major space projects.
Next Ingredion earnings date
Q1 20265 May, 2026
Ingredion
Next Ingredion earnings date
Q1 20265 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Ingredient Experts
Ingredion, Inc. is an American company with global operations that specializes in the production and sale of various types of ingredients. The company’s product range includes sweeteners, starches, plant-based protein, and nutritional ingredients, which are used across various sectors such as food, beverage, brewing, and industrial applications. The company is headquartered in Westchester, Illinois, and its shares are listed on the NYSE.
Corn and More
What we today know as Ingredion can trace its roots back to the establishment of the Corn Products Refining Company, formed from a merger of several corn refining companies. Initially, the company focused on producing corn syrup and other corn-derived products. Over the decades, the company expanded its operations and product offerings, including various food ingredients and industrial products.
The early 2000s marked a significant phase of global expansion for the company. It made several strategic acquisitions around the world, including operations in South America, Asia, and Europe. This period was characterized by diversification into a broader array of ingredients beyond corn-based products. The company got its current name in 2012.
Turning Raw Product Into Ingredients
Ingredion Incorporated is a global ingredient solutions company specializing in transforming a diverse array of agricultural products into ingredients for various industries. They process corn, tapioca, potatoes, and grains, among other raw materials, into a range of products used in food, beverage, brewing, and pharmaceutical applications. Their portfolio also includes plant-based stevia, utilized as a sweetener, and various gums, which act as thickeners and stabilizers. Some companies with similar offerings are Bunge Limited, Archer Daniels Midland, and Kerry Group.
The Customers
The company serves a wide range of customers across multiple industries, primarily focusing on food and beverage, brewing, and pharmaceutical sectors. In the food and beverage industry, their ingredients are used in the production of things like snacks, beverages, confectioneries, and dairy alternatives. Brewers utilize its products for fermentation and flavor enhancement, and the pharmaceutical industry uses its products in the formulation of tablets and medicinal syrups.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage