Ingredion delivered a strong first quarter in 2025, with operating income rising by 30% and adjusted EPS reaching $2.97. Despite a 4% year-over-year revenue decline, the company improved its full-year outlook based on volume growth and operational efficiency.
Adjusted EPS rose to $2.97 from $2.08 in Q1 2024.
Net income was $197 million, a 9% year-over-year decrease.
Operating income increased by 30% to $276 million.
Cash and cash equivalents stood at $837 million at quarter-end.
Ingredion raised its full-year 2025 guidance, projecting low single-digit net sales growth and improved operating income driven by higher volumes and disciplined cost management.
Visualization of income flow from segment revenue to net income