Allegion (ALLE) Q2 FY2026 earnings: revenue $1.2 billion, up 12.7% on the year

Allegion plc (ALLE) reported revenue of $1.2 billion for Q2 FY2026, the quarter ended 30 June 2026, up 12.7% on the same quarter a year earlier. Net income was $185 million, up 15.6% on the year, and diluted earnings per share $2.15. The figures are the company's own, from the 10-Q it filed with the SEC on 23 July 2026.

Revenue

$1.2 billion

+12.7% on the year · +11.4% on the quarter

Q3 FY2024Q2 FY2026

Operating margin

22.1%

21.5% a year earlier

Q3 FY2024Q2 FY2026

Net income

$185 million

+15.6% on the year · +33.7% on the quarter

Q3 FY2024Q2 FY2026

Diluted EPS

$2.15

+16.2% on the year · +35.2% on the quarter

Q3 FY2024Q2 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 4 raised, 1 lowered, 1 narrowed, 2 kept.

Revenue up, organic growth led by Americas: Reported revenue rose 12.7% and organic revenue rose 6.9%, led by the Americas region. Net revenues were $1,151.5 million.
Diluted and adjusted EPS grew: Diluted EPS was $2.15 against $1.85. Adjusted EPS was $2.40 against $2.04. Net earnings were $184.6 million.
International organic sales fell: International revenue rose 16.2% reported but fell 1.2% organically, which management attributed to lower demand in core European markets.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Revenue	1,152	1,034	1,022	+11.4%	+12.7%
Cost of revenue	634	579	556	+9.5%	+14.1%
Gross profit	518	454	466	+13.9%	+10.9%
Gross margin	44.9%	44.0%	45.6%
Selling, general and administrative	263	259	247	+1.4%	+6.5%
Operating income	255	195	220	+30.4%	+15.9%
Operating margin	22.1%	18.9%	21.5%
Interest expense	24.8	24.2	24.6	+2.5%	+0.8%
Pre-tax income	228	172	200	+32.9%	+13.7%
Income tax	43.3	33.4	40.7	+29.6%	+6.4%
Effective tax rate	19.0%	19.5%	20.3%
Net income	185	138	160	+33.7%	+15.6%
Net margin	16.0%	13.4%	15.6%
Diluted EPS	$2.15	$1.59	$1.85	+35.2%	+16.2%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Operating cash flow	198	101	210	+95.9%	-5.4%
Capital expenditure	17.9	21.0	17.7	-14.8%	+1.1%
Free cash flow	180	80.3	192	+124.8%	-6.0%
Free cash flow margin	15.7%	7.8%	18.8%
Cash from investing	-16.3	-96.9	-54.6
Cash from financing	-169	-48.7	-7.9
Depreciation and amortisation	35.7	35.6	31.9	+0.3%	+11.9%
Share-based compensation	6.7	10.8	6.7	-38.0%	0.0%
Buybacks	120	40.6	40.0	+195.6%	+200.0%
Dividends paid	46.6	47.4	44.2	-1.7%	+5.4%
Dividend per share	$0.55	$0.55	$0.51	0.0%	+7.8%
Diluted shares, weighted	86m	87m	86m	-0.7%	-0.5%
Shares outstanding at period end	85m	86m	86m	-1.0%	-0.9%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Shareholders' equity	2,119	2,101	1,786	+0.8%	+18.6%
Debt	2,031	2,031	2,067	+0.0%	-1.7%
Operating lease liabilities	143	147	124	-2.5%	+15.2%
Other liabilities	1,068	1,034	937	+3.3%	+14.0%
Total liabilities and equity	5,361	5,312	4,915	+0.9%	+9.1%
Fixed assets	452	450	411	+0.4%	+10.0%
Goodwill	1,926	1,931	1,574	-0.3%	+22.3%
Intangible assets	816	836	596	-2.4%	+37.0%
Cash and equivalents	321	309	657	+3.8%	-51.2%
Receivables	560	512	477	+9.3%	+17.2%
Inventory	542	537	480	+0.9%	+13.0%
Other assets	745	736	720	+1.2%	+3.4%
Total assets	5,361	5,312	4,915	+0.9%	+9.1%

Questions

What was Allegion's revenue in Q2 FY2026?

Allegion (ALLE) reported revenue of $1.2 billion for Q2 FY2026, the quarter ended 30 June 2026, up 12.7% on the same quarter a year earlier.

How much did Allegion earn in Q2 FY2026?

Net income for Q2 FY2026 was $185 million, up 15.6% on the year, and diluted earnings per share $2.15.

When did Allegion report Q2 FY2026 results?

Allegion filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 23 July 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022 †	Q2 FY2022 †	Q3 FY2022 †	Q4 FY2022 * †	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	709	724	773	914	862	923	912	918	897	894	966	967	946	942	1,022	1,070	1,033	1,034	1,152	1,173
Cost of revenue	423	435	458	546	511	532	511	515	512	502	537	535	529	519	556	580	574	579	634	624
Gross profit	286	289	315	368	351	391	402	403	385	391	428	432	417	422	466	490	460	454	518	548
Gross margin	40%	40%	41%	40%	41%	42%	44%	44%	43%	44%	44%	45%	44%	45%	46%	46%	44%	44%	45%	47%
SG&A	171	172	168	205	191	220	217	210	218	219	219	217	232	226	247	256	250	259	263	264
Operating income	115	117	147	163	159	171	185	193	160	172	209	215	185	196	220	234	210	195	255	285
Operating margin	16%	16%	19%	18%	19%	19%	20%	21%	18%	19%	22%	22%	20%	21%	21%	22%	20%	19%	22%	24%
Interest expense	13.2	11.9	17.2	23.1	23.7	23.6	23.7	22.9	22.9	22.9	25.1	28.8	25.2	24.7	24.6	26.6	25.1	24.2	24.8	24.2
Pre-tax income	124	107	133	134	140	148	162	170	137	153	189	195	162	175	200	209	184	172	228	268
Tax rate	9%	13%	14%	14%	3%	16%	13%	8%	13%	19%	18%	10%	11%	15%	20%	10%	20%	19%	19%	18%
Net income	113	93.0	115	115	135	124	142	156	119	124	155	174	144	148	160	188	148	138	185	221
Net margin	16%	13%	15%	13%	16%	13%	16%	17%	13%	14%	16%	18%	15%	16%	16%	18%	14%	13%	16%	19%
Diluted EPS	$1.26	$1.05	$1.30	$1.30	$1.53	$1.40	$1.61	$1.77	$1.34	$1.41	$1.77	$1.99	$1.65	$1.71	$1.85	$2.18	$1.70	$1.59	$2.15	$2.59
Operating cash flow	132	20.5	88.6	158	192	69.0	161	151	220	51.1	173	232	219	104	210	230	240	101	198	304
Capital expenditure	16.7	8.7	15.9	16.9	22.5	22.3	17.7	20.7	23.5	27.2	20.9	19.9	24.1	21.1	17.7	19.7	39.6	21.0	17.9	25.7
Free cash flow	116	11.8	72.7	141	170	46.7	143	130	196	23.9	152	212	195	83.4	192	210	200	80.3	180	279
Buybacks	200	61.0	0.0	0.0	0.0	0.0	19.9	0.0	40.0	40.0	40.0	40.0	100	40.0	40.0	0.0	0.0	40.6	120	120
Dividends paid	32.1	35.8	35.7	36.4	36.0	39.4	39.9	39.9	39.5	42.1	41.7	41.8	41.4	43.6	44.2	43.6	43.9	47.4	46.6	46.2
Shares outstanding	88m	88m	88m	88m	88m	88m	88m	88m	88m	87m	87m	87m	86m	86m	86m	86m	86m	86m	85m	84m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 June 2026, filed 23 July 2026: the filing.