Ingredion Inc
For the period ended Dec 31, 2025. Filed Feb 17, 2026.
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FY2025 · Filed Feb 17, 2026
INGR$91.95-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(dollars and shares in millions, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net sales | $7,219 | $7,430 | $8,160 |
| Cost of sales | 5,391 | 5,639 | 6,411 |
| Gross profit | 1,828 | 1,791 | 1,749 |
| Operating expenses | 815 | 782 | 789 |
| Other operating (income), net | (24) | (1) | (8) |
| Restructuring/impairment charges | 21 | 127 | 11 |
| Operating income | 1,016 | 883 | 957 |
| Financing costs | 37 | 39 | 114 |
| Net (gain) on sale of business | — | (90) | — |
| Other non-operating expense | 5 | 3 | 4 |
| Income before income taxes | 974 | 931 | 839 |
| Provision for income taxes | 238 | 277 | 188 |
| Net income | 736 | 654 | 651 |
| Less: Net income attributable to non-controlling interests | 7 | 7 | 8 |
| Net income attributable to Ingredion | $729 | $647 | $643 |
| Earnings per common share attributable to Ingredion common shareholders: | |||
| Weighted average common shares outstanding: | |||
| Basic | 64.2 | 65.5 | 66.0 |
| Diluted | 65.2 | 66.6 | 67.0 |
| Earnings per common share of Ingredion: | |||
| Basic | $11.36 | $9.88 | $9.74 |
| Diluted | $11.18 | $9.71 | $9.60 |
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