Tech
Allegion revenue gains 12.7% to reach $1.15 billion
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- Allegion reported second-quarter revenue of $1.15 billion, up 12.7%, with organic growth reaching 6.9%.
- Adjusted EPS increased 17.6% to $2.40, while Allegion shares rose about 2.0% in premarket trading.
- The company raised its full-year revenue and adjusted EPS forecasts after stronger Americas performance.
Allegion (NYSE:ALLE) reported second-quarter revenue of $1.15 billion, up 12.7%, as Americas demand drove 6.9% organic growth.
Net earnings rose 15.6% to $184.6 million, while adjusted EPS increased 17.6% from $2.04 to $2.40.
“Allegion delivered a strong quarter driven by organic growth and margin expansion in the Americas,” said Allegion President and CEO John H. Stone.
Adjusted operating margin expanded 50 basis points to 24.2%, supported by volume leverage, pricing and productivity.
Following the announcement, Allegion's share price was up about 2% at $139.95 in premarket trading.
Americas revenue rose 11.8% to $918.6 million, while International revenue increased 16.2% to $232.9 million.
Allegion raised its 2026 revenue-growth outlook to 7.5%–8.5% and adjusted EPS guidance to $8.85–$9.00.
