Revenue Growth Driven by Top-Line Expansion
Allegion grew Q1 2026 revenue by 9.7% year-over-year to $1.034B from $941.9M, suggesting solid demand for its security products and solutions, likely aided by pricing actions and/or volume gains.
Allegion plc is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Allegion (ALLE) posted strong Q1 2026 revenue growth of 9.7% to $1.03B, but operating income slipped 0.6% and EPS fell 7.0% to $1.59 as SG&A costs surged 14.6% and cost of revenue rose faster than sales.
Drawn from management commentary in the Q1 2026 10-Q:
Allegion grew Q1 2026 revenue by 9.7% year-over-year to $1.034B from $941.9M, suggesting solid demand for its security products and solutions, likely aided by pricing actions and/or volume gains.
Selling, General & Administrative expenses jumped 14.6% YoY to $259.2M from $226.1M, outpacing revenue growth of 9.7% and contributing to operating margin compression from 20.9% to 18.9%.
Despite higher revenues, operating income declined slightly by 0.6% to $195.3M, and operating margin contracted approximately 200 basis points to 18.9%, reflecting cost pressures from both cost of revenue (+11.5%) and SG&A (+14.6%).
Revenue
$1.03B
++9.74% YoY
EPS (Basic)
$1.60
-6.98% YoY
Operating Income
$195.3M
-0.56% YoY
Add ALLE to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.