Allegion said net revenues for the 3 months ended September 30, 2025 increased 10.7%, or $103.1 million, compared with the same period in the prior year. The company cited improved pricing, favorable impact from acquisitions and divestitures, higher volumes and favorable foreign currency exchange rate movements as factors driving the increase.

1. 01

   Allegion said net revenues for the 3 months ended September 30, 2025 increased 10.7%, or $103.1 million, compared with the same period in the prior year. The company cited improved pricing, favorable impact from acquisitions and divestitures, higher volumes and favorable foreign currency exchange rate movements as factors driving the increase.

2. 02

   Operating income for Q3 increased $18.8 million compared to the same period in the prior year, but operating margin decreased to 21.8% from 22.2%, Allegion said. The company cited inflation and investment spending in excess of pricing and productivity, higher acquisition, integration and restructuring expenses, and unfavorable impact from acquisitions and divestitures as factors driving the margin decline.

3. 03

   Allegion said it completed acquisitions of Next Door, Lemaar, Trimco, Novas, ELATEC, Gatewise, Waitwhile, UAP and Brisant during the 9 months ended September 30, 2025. The company said the closing purchase price for ELATEC, acquired on July 1, 2025, was €330.0 million (approximately $389.0 million), and it financed the acquisition using cash on hand and borrowings under the Revolving Facility.

4. 04

   Net cash provided by operating activities for the 9 months ended September 30, 2025 increased $87.7 million compared with the same period in the prior year, and net cash used in investing activities increased $459.1 million, Allegion said. The company cited higher cash used for acquisitions as the driver of the increase in investing activities, and said net proceeds from debt borrowings in 2025 of $83.3 million were used to partially fund acquisitions completed during the year.

Key figures

Quarter ended September 30, 2025

Revenue

$1.1B

Operating income

$234M

Net income

$188M

EPS

$2.18

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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