Flagship explainer

How INGREDION INCORPORATED makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$7.2B · 100%Cost of revenue$5.4B · 75%Gross profit$1.8B · 25%Operating income$1.0B · 14%Income before tax$974M · 13%Income tax$238M · 3%Net income$729M · 10%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$7.2B100%
Cost of revenue$5.4B75%
$1.8B25%
$1.0B14%
Income before tax$974M13%
Income tax$238M3%
$729M10%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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