Allegion sees 9.6% revenue growth in Q3 as sales cross $1 billion
- Allegion reported third-quarter 2026 revenue of $1.1726 billion, up 9.6% year over year, while net earnings reached $220.9 million.
- Adjusted earnings per share increased 13% to $2.60, exceeding analysts' consensus estimate of approximately $2.50 per share.
- Allegion raised its full-year 2026 adjusted earnings guidance to $9.05–$9.10 per share and projected revenue growth of 9.5%–10.5%.
Allegion (NYSE:ALLE) reported third-quarter 2026 revenue of $1.1726 billion, up 9.6% year over year, supported by growth in the Americas.
Revenue increased from $1.0702 billion a year earlier, while adjusted earnings per share rose 13% to $2.60, exceeding analysts' $2.50 estimate.
Net earnings reached $220.9 million, or $2.59 per share, while operating margin increased to 24.3% from 21.8% a year earlier.
Allegion raised its 2026 adjusted EPS forecast to $9.05–$9.10 and projected reported revenue growth of 9.5%–10.5%.
Americas revenue increased 11.7%, including 9.1% organic growth, while international revenue rose 1.8% despite a 0.2% organic decline.
Allegion previously reported second-quarter revenue of $1.1515 billion and acquired Overly Door Company in October 2026, expanding its security products portfolio.
