EarningsQ2 2026 Earnings Report
MX:ALLEN Q2 2026 EPS Results
Actual EPS$43.63
Consensus EPS$40.28
Beat/MissBeat by +$3.34
One Year Ago EPS$37.08
MX:ALLEN Q2 2026 Revenue Results
Actual Revenue$20.93B
Expected Revenue$20.33B
Beat/MissBeat by +$597.35M
YoY Revenue Growth+12.67%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeBefore Open
Conference CallThursday, July 23, 2026
MX:ALLEN Upcoming Earnings
Allegion's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:ALLEN Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong quarter-to-date financial performance driven by Americas strength: double-digit reported revenue growth, mid-to-high single-digit organic growth, EPS growth of +17.6%, margin expansion and active capital returns (share buybacks and dividends). Management raised full-year revenue and EPS guidance and highlighted secular momentum in electronics (notably higher education and data centers). Offsetting factors include weaker international end markets (notably Germany) leading to an International organic decline and margin headwinds, residual impacts from an earlier ERP implementation, and a modest decline in year-to-date cash flow with higher working capital. On balance, the positive operational and financial developments and upwardly revised outlook outweigh the international and working-capital challenges.Company Guidance
Strong Revenue and Organic Growth
Q2 revenue ~ $1.2B, up 12.7% year-over-year; enterprise organic revenue +6.9% driven by Americas (price + volume).
Americas Outperformance
Americas Q2 revenue $918.6M, up 11.8% reported and +8.9% organic; Americas adjusted operating income $276.4M, up 12.5% YoY, with adjusted margins up ~20 basis points.
Adjusted EPS and Margin Expansion
Q2 adjusted EPS $2.40, up $0.36 (+17.6% YoY); enterprise adjusted operating margin 24.2%, up 50 basis points YoY; pricing and productivity net benefit of $11.8M (≈30 bps tailwind).
Electronics Momentum
Electronics revenue in Americas up low-teens in Q2; year-to-date electronics growth in high single digits. Notable wins in higher education (multimillion-dollar mobile credential and lock upgrade deployments) supporting secular electronics adoption.
Capital Return and Healthy Leverage
Q2 share repurchases $120M and dividends paid $47M; net debt to adjusted EBITDA 1.6x, reflecting a healthy balance sheet and active capital allocation.
Raised Full-Year Outlook
Management raised full-year reported revenue outlook to +7.5%–8.5% and organic revenue to +3.5%–4.5%; adjusted EPS outlook increased to $8.85–$9.00 (company expects high single-digit to low double-digit EPS growth for 2026).
International Sequential Recovery from ERP Disruption
International adjusted operating income $28.8M, up 9.9% YoY; margins improved sequentially by ~440 basis points as the company worked to recover production rates after Q1 ERP issues.
Disciplined M&A and Pipeline
Spent $70M on acquisitions in Q1, none in Q2; management continues to cultivate complementary opportunities and remains opportunistic on share repurchases (not included in outlook).
MX:ALLEN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed