Allegion Reports Q1 2026 Earnings with Revenue Growth and Margin Pressures
Allegion (ALLE) reported Q1 2026 earnings with total revenue of $1 billion, up 9.7%, driven by price realization despite volume declines. However, adjusted operating margin fell to 21.2%, down 150 basis points, due to volume declines, mix, and ERP-related inefficiencies. The company also announced a new $500 million share repurchase program.
Tickers: $ALLE
Topics: Acquisitions Earnings Operating Margin Revenue Shareholder Returns