MarketKingdoms › Financial statements › INGRIngredion Inc (INGR) financial statements: income statement, balance sheet and cash flow
Ingredion Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Ingredion Inc reported revenue of $7.2B (-2.8% year on year) and net income of $736.0M (+12.5% year on year).
Income statement Ingredion Inc income statement, fiscal years
Line item Dec 31, 2025 · FY Dec 31, 2024 · FY Dec 31, 2023 · FY Dec 31, 2022 · FY
Net sales $7.2B $7.4B $8.2B $7.9B Cost of sales $5.4B $5.6B $6.4B $6.5B Gross profit $1.8B $1.8B $1.7B $1.5B Operating expenses $815.0M $782.0M $789.0M $715.0M Other operating (income), net ($24.0M) ($1.0M) ($8.0M) $13.0M Restructuring/impairment charges $21.0M $127.0M $11.0M $4.0M Operating income $1.0B $883.0M $957.0M $762.0M Financing costs $37.0M $39.0M $114.0M $99.0M Net (gain) on sale of business $0 ($90.0M) — — Other non-operating expense $5.0M $3.0M $4.0M ($5.0M) Income before income taxes $974.0M $931.0M $839.0M $668.0M Provision for income taxes $238.0M $277.0M $188.0M $166.0M Net income $736.0M $654.0M $651.0M $502.0M Less: Net income attributable to non-controlling interests $7.0M $7.0M $8.0M $10.0M Net income attributable to Ingredion $729.0M $647.0M $643.0M $492.0M Basic (in shares) 64.2M 65.5M 66.0M 66.2M Diluted (in shares) 65.2M 66.6M 67.0M 67.0M Basic (in dollars per share) $11.36 $9.88 $9.74 $7.43 Diluted (in dollars per share) $11.18 $9.71 $9.60 $7.34
Ingredion Inc income statement, quarters
Line item Jun 30, 2026 · Q2 Mar 31, 2026 · Q1 Sep 30, 2025 · Q3 Jun 30, 2025 · Q2
Net sales $1.9B $1.8B $1.8B $1.8B Cost of sales $1.4B $1.4B $1.4B $1.4B Gross profit $426.0M $401.0M $455.0M $477.0M Operating expenses $207.0M $200.0M $203.0M $208.0M Other operating (income), net ($14.0M) ($13.0M) $0 ($5.0M) Restructuring/impairment charges $45.0M $11.0M $3.0M $3.0M Operating income $188.0M $203.0M $249.0M $271.0M Financing costs $55.0M $9.0M $7.0M $12.0M Net (gain) on sale of business ($44.0M) — $0 $0 Other non-operating expense, net $2.0M — $1.0M — Income before income taxes $175.0M $194.0M $241.0M $259.0M Provision for income taxes $59.0M $50.0M $69.0M $61.0M Net income $116.0M $144.0M $172.0M $198.0M Less: Net income attributable to non-controlling interests $2.0M $2.0M $1.0M $2.0M Net income attributable to Ingredion $114.0M $142.0M $171.0M $196.0M Basic (in shares) 63.3M 63.2M 64.3M 64.5M Diluted (in shares) 63.9M 64.0M 65.4M 65.6M Basic (in dollars per share) $1.80 $2.25 $2.66 $3.04 Diluted (in dollars per share) $1.78 $2.22 $2.61 $2.99
Balance sheet Ingredion Inc balance sheet, fiscal years
Line item Dec 31, 2025 · FY Dec 31, 2024 · FY Dec 31, 2023 · FY Dec 31, 2022 · FY
Cash and cash equivalents $1.0B $997.0M $401.0M $236.0M Short-term investments $3.0M $11.0M $8.0M $3.0M Accounts receivable, net $1.2B $1.1B $1.3B $1.4B Inventories $1.2B $1.2B $1.4B $1.6B Prepaid expenses and assets held for sale $60.0M $67.0M $261.0M — Total current assets $3.5B $3.4B $3.4B $3.3B Property, plant and equipment, net $2.5B $2.3B $2.4B $2.4B Intangible assets, net $1.3B $1.3B $1.3B $1.3B Other non-current assets $597.0M $561.0M $570.0M $544.0M Total assets $7.9B $7.4B $7.6B $7.6B Short-term borrowings $48.0M $44.0M $448.0M $543.0M Accounts payable $693.0M $604.0M $778.0M $873.0M Accrued liabilities and liabilities held for sale $575.0M $633.0M $546.0M — Total current liabilities $1.3B $1.3B $1.8B $1.9B Long-term debt $1.7B $1.8B $1.7B $1.9B Other non-current liabilities $473.0M $486.0M $480.0M $477.0M Total liabilities $3.5B $3.6B $4.0B $4.3B Share-based payments subject to redemption $64.0M $60.0M $55.0M $48.0M Redeemable non-controlling interests $7.0M $7.0M $43.0M $51.0M Preferred stock — authorized 25.0 shares — $0.01 par value, none issued 0 0 0 0 Common stock — authorized 200.0 shares — $0.01 par value, 77.8 issued at December 31, 2025 and 2024 1.0M 1.0M 1.0M 1.0M Additional paid-in capital $1.2B $1.2B $1.1B $1.1B Less: Treasury stock (common stock: 14.8 and 13.3 shares at December 31, 2025 and 2024) at cost -1.6B -1.4B -1.2B -1.1B Accumulated other comprehensive loss ($937.0M) ($1.1B) ($1.1B) ($1.0B) Retained earnings $5.6B $5.1B $4.7B $4.2B Total Ingredion stockholders’ equity $4.3B $3.8B $3.5B $3.1B Non-redeemable non-controlling interests $21.0M $19.0M $14.0M $16.0M Total stockholders’ equity $4.3B $3.8B $3.6B $3.2B Total liabilities and stockholders’ equity $7.9B $7.4B $7.6B $7.6B
Ingredion Inc balance sheet, quarters
Line item Jun 30, 2026 Mar 31, 2026 Sep 30, 2025 Jun 30, 2025
Cash and cash equivalents $948.0M $914.0M $915.0M $861.0M Short-term investments $4.0M $4.0M $6.0M $7.0M Accounts receivable, net $1.4B $1.4B $1.3B $1.4B Inventories $1.1B $1.2B $1.2B $1.2B Prepaid expenses and assets held for sale $76.0M $66.0M $58.0M $67.0M Total current assets $3.5B $3.5B $3.5B $3.5B Property, plant and equipment, net of accumulated depreciation of $3,764 and $3,727 $2.5B $2.6B $2.4B $2.4B Goodwill $917.0M $920.0M — — Intangible assets, net of accumulated amortization of $367 and $354 $337.0M $339.0M — — Other non-current assets $772.0M $583.0M $609.0M $623.0M Total assets $8.1B $7.9B $7.8B $7.8B Short-term borrowings $41.0M $83.0M $57.0M $46.0M Accounts payable $651.0M $613.0M $652.0M $666.0M Accrued liabilities and liabilities held for sale $567.0M $581.0M $569.0M $552.0M Total current liabilities $1.3B $1.3B $1.3B $1.3B Long-term debt $1.7B $1.7B $1.7B $1.7B Other non-current liabilities $496.0M $463.0M $490.0M $500.0M Total liabilities $3.5B $3.5B $3.5B $3.5B Share-based payments subject to redemption $49.0M $41.0M $58.0M $51.0M Redeemable non-controlling interests $0 $0 $7.0M $7.0M Preferred stock — authorized 25.0 shares — $0.01 par value, none issued 0 0 0 0 Common stock — authorized 200.0 shares — $0.01 par value, 77.8 shares issued at June 30, 2026 and December 31, 2025 1.0M 1.0M 1.0M 1.0M Additional paid-in capital $1.2B $1.2B $1.2B $1.2B Less: Treasury stock (common stock: 14.7 and 14.8 shares at June 30, 2026 and December 31, 2025) at cost -1.6B -1.6B -1.5B -1.4B Accumulated other comprehensive loss ($848.0M) ($927.0M) ($950.0M) ($953.0M) Retained earnings $5.8B $5.7B $5.5B $5.4B Total Ingredion stockholders’ equity $4.5B $4.4B $4.2B $4.2B Non-redeemable non-controlling interests $0 $22.0M $21.0M $21.0M Total stockholders’ equity $4.5B $4.4B $4.3B $4.2B Total liabilities and stockholders’ equity $8.1B $7.9B $7.8B $7.8B
Cash flow statement Ingredion Inc cash flow statement, fiscal years
Line item Dec 31, 2025 · FY Dec 31, 2024 · FY Dec 31, 2023 · FY Dec 31, 2022 · FY
Net income $736.0M $654.0M $651.0M $502.0M Depreciation and amortization $222.0M $214.0M $219.0M $215.0M Mechanical stores expense $67.0M $62.0M $62.0M $55.0M Net (gain) on sale of business $0 ($90.0M) — — Deferred income taxes $6.0M ($15.0M) ($6.0M) ($3.0M) Impairment charges $10.0M $109.0M — — Other non-cash charges $43.0M $32.0M $69.0M $57.0M Accounts receivable and prepaid expenses ($51.0M) $148.0M $77.0M ($310.0M) Inventories $3.0M $228.0M $69.0M ($468.0M) Accounts payable and accrued liabilities ($27.0M) $20.0M ($79.0M) $158.0M Margin accounts $2.0M $21.0M $10.0M ($44.0M) Other ($67.0M) $53.0M ($15.0M) ($10.0M) Cash provided by operating activities $944.0M $1.4B $1.1B $152.0M Capital expenditures and mechanical stores purchases, net ($433.0M) ($301.0M) ($316.0M) ($300.0M) Proceeds from sale of business $12.0M $255.0M — — Purchases of equity securities, net ($20.0M) — — — Other ($3.0M) ($7.0M) ($15.0M) $2.0M Cash used for investing activities ($444.0M) ($47.0M) ($329.0M) ($320.0M) Proceeds from borrowings $405.0M $773.0M $720.0M $825.0M Payments on debt ($449.0M) ($791.0M) ($949.0M) ($532.0M) Commercial paper repayments, net $0 ($327.0M) ($63.0M) $140.0M Repurchases of common stock, net ($224.0M) ($216.0M) ($101.0M) ($103.0M) Common stock activity for share-based compensation, net ($12.0M) — — — Purchases of non-controlling interests $0 ($40.0M) ($2.0M) ($46.0M) Dividends paid, including to non-controlling interests ($211.0M) ($210.0M) ($194.0M) ($181.0M) Cash used for financing activities ($491.0M) ($765.0M) ($569.0M) $103.0M Effects of foreign exchange rate changes on cash and cash equivalents $24.0M ($28.0M) $6.0M ($27.0M) Increase in cash and cash equivalents $33.0M $596.0M $165.0M ($92.0M) Cash and cash equivalents, beginning of period $997.0M $401.0M $236.0M $328.0M Cash and cash equivalents, end of period $1.0B $997.0M $401.0M $236.0M
Ingredion Inc cash flow statement, quarters
Line item Jun 30, 2026 · YTD Mar 31, 2026 · Q1 Sep 30, 2025 · YTD Jun 30, 2025 · YTD
Net income $260.0M $144.0M $569.0M $397.0M Depreciation and amortization $110.0M $55.0M $165.0M $108.0M Mechanical stores expense $38.0M $18.0M $50.0M $32.0M Net (gain) on sale of business ($44.0M) — $0 $0 Impairment charges $33.0M $0 $6.0M $6.0M Foreign exchange losses, net $47.0M — — — Other non-cash charges $7.0M $11.0M $28.0M $22.0M Accounts receivable and prepaid expenses ($224.0M) ($178.0M) ($187.0M) ($216.0M) Inventories $1.0M $47.0M $2.0M $3.0M Accounts payable and accrued liabilities ($8.0M) ($74.0M) ($50.0M) ($28.0M) Margin accounts ($19.0M) $8.0M $3.0M ($9.0M) Other ($78.0M) $2.0M ($49.0M) ($53.0M) Cash provided by operating activities $123.0M $33.0M $539.0M $262.0M Capital expenditures and mechanical stores purchases, net ($210.0M) ($110.0M) ($298.0M) ($193.0M) Proceeds from sales of businesses, net $139.0M $12.0M $12.0M $0 Purchases of equity securities, net ($26.0M) ($1.0M) ($11.0M) ($19.0M) Other ($5.0M) ($1.0M) ($5.0M) ($3.0M) Cash used for investing activities ($102.0M) ($100.0M) ($302.0M) ($215.0M) Proceeds from borrowings $266.0M $158.0M $324.0M $231.0M Payments on debt ($231.0M) ($123.0M) ($361.0M) ($277.0M) Repurchases of common stock, net ($14.0M) ($14.0M) ($134.0M) ($55.0M) Common stock activity for share-based compensation, net ($10.0M) ($10.0M) ($12.0M) ($9.0M) Purchases of non-controlling interests ($7.0M) ($7.0M) $0 $0 Dividends paid, including to non-controlling interests ($105.0M) ($52.0M) ($157.0M) ($106.0M) Cash used for financing activities ($101.0M) ($48.0M) ($340.0M) ($204.0M) Effects of foreign exchange rate changes on cash and cash equivalents ($2.0M) ($1.0M) $21.0M $21.0M (Decrease) in cash and cash equivalents ($82.0M) ($116.0M) ($82.0M) ($136.0M) Cash and cash equivalents, beginning of period $1.0B $1.0B $997.0M $997.0M Cash and cash equivalents, end of period $948.0M $914.0M $915.0M $861.0M
Ingredion Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.