Allegion Q1 revenue rises 9.7% but EPS falls 7.0%; full-year revenue outlook raised
Allegion reported first-quarter 2026 revenue of $1,033.6 million, up 9.7%, but diluted EPS of $1.59 fell 7.0% and adjusted EPS of $1.80 fell 3.2%. The company raised its full-year 2026 reported revenue growth outlook to 6% to 8%, including the DCI acquisition, while affirming its adjusted EPS outlook of $8.70 to $8.90.
Key points
- Q1 2026 net earnings were $138.1 million, or $1.59 per share, versus $1.71 a year earlier; adjusted EPS was $1.80 versus $1.86.
- Organic revenue rose 2.6%, led by the Americas; International organic revenue fell 5.3% after ERP-related volume declines.
- Reported 2026 EPS outlook was updated to $7.95 to $8.15, while adjusted EPS of $8.70 to $8.90 was affirmed.
- On April 15, 2026, the board authorized repurchases of up to $500.0 million of ordinary shares.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.