Form 10-Q · Quarterly report
Allegion 10-Q, filed Jul 23, 2026
- Filed
- CIK
- 0001579241
- Accession no.
- 0001579241-26-000028
Summary
Allegion reported second-quarter 2026 net revenues of $1.15 billion, up 12.7% from a year earlier, and diluted net earnings per ordinary share of $2.15 versus $1.85, with growth driven by pricing, volume, acquisitions and currency. The company said it acquired U.S. hollow metal door and frame maker Door Components, Inc. in March 2026 for about $70 million and has submitted claims for refunds of tariffs it paid under IEEPA after the U.S. Supreme Court invalidated those tariffs in February 2026, though the amount and timing of any further refunds remain uncertain.
Key points
- Second-quarter 2026 net revenues rose 12.7% to $1,151.5 million and net earnings were $184.6 million, or $2.15 per diluted share.
- Revenue growth comprised 3.3% pricing, 3.6% volume, 5.1% acquisitions net of divestitures and 0.7% currency.
- Allegion paid $1.10 per ordinary share in dividends in the first half of 2026 and repurchased about 1.2 million shares for $160.6 million; its board authorized up to $500 million of buybacks in April 2026.
- Allegion estimated it sources roughly 20-25% of cost of goods sold from Mexico, under 5% from China and 5-10% from other non-U.S. countries, and has offset tariff-driven inflation with pricing.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2 – Management’s Discussion Overview Organization Allegion plc and its consolidated subsidiaries (“Allegion,” “the Company,” “we,” “our,” or “us”) are a leading global provider of security products and solutions operating in two segments: Allegion Americas and Allegion International. We sell a wide range of security products and solutions for end-users in commercial, institutional and residential facilities worldwide, including the education, healthcare, government, hospitality, retail, commercial office and single and multi-family residential markets. Our leading brands include CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.