Form 10-Q · Quarterly report
Allegion 10-Q, filed Oct 22, 2026
- Filed
- CIK
- 0001579241
- Accession no.
- 0001579241-26-000034
Summary
Allegion reported third-quarter 2026 net revenues of $1.17 billion, up 9.6% from a year earlier, with diluted net earnings per share of $2.59, and said operating income included a $19.9 million benefit from refunds of tariffs imposed under IEEPA after the U.S. Supreme Court invalidated certain of those tariffs and the U.S. Court of International Trade ruled importers are due refunds. In the quarter it also completed the acquisitions of Door Components, Inc. for about $69.3 million and Overly Door Company for about $88.7 million.
Key points
- Third-quarter net revenues rose 9.6% to $1,172.6 million on pricing (3.8%), volume (3.4%) and acquisitions (2.6%), partly offset by currency; operating margin rose to 24.3% from 21.8%.
- For the nine months ended September 30, 2026, net revenues rose 10.7% to $3,357.7 million and net earnings were $543.6 million, or $6.33 per diluted share.
- Operating income for the nine months included a $19.9 million benefit from IEEPA tariff refund claims; Allegion estimates it sources 20-25% of cost of goods sold from Mexico, under 5% from China and 5-10% from other non-U.S. countries.
- During the nine months it paid dividends of $1.65 per ordinary share and repurchased about 1.9 million shares for $280.3 million.
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.
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