{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-020034","form_type":"8-K","ticker":"IR","cik":"0001699150","company_name":"Ingersoll Rand Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.649084+00:00","generated_at":"2026-06-03T00:39:13.367840+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Ingersoll Rand Q1 record revenue $1,670M; raises FY24 EBITDA, EPS guidance","bullets":["Q1 revenue $1,670M (+3% reported, -1% organic); record adjusted EBITDA $459M (27.5% margin, +290bps YoY).","Adjusted EPS $0.78; net income $202M ($0.50 GAAP EPS); free cash flow $99M down 33% YoY on capex timing.","Orders $1,707M (-4% reported); backlog near high levels with book-to-bill 1.02x; two-year stack rev +24%.","Board authorized $1B share repurchase increase; $143M deployed to M&A in Q1 (Controlled Fluidics, Ethafilter).","Raising FY24 adjusted EBITDA guidance to $1,940-$2,000M (+9-12% YoY) and adjusted EPS to $3.20-$3.30."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-020034","json":"https://secwatch.observer/filing/0001628280-24-020034.json","markdown":"https://secwatch.observer/filing/0001628280-24-020034.md","text":"https://secwatch.observer/filing/0001628280-24-020034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1699150/000162828024020034/0001628280-24-020034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1699150/000162828024020034/iri-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:39:13.367840+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0e0c46109bcc56855a51dec08f89ad15175a5ef8","claim":"Ingersoll Rand Inc. reported the quarter ended March 31, 2024 results: revenue $1,670 million, net income $202 million, EPS $0.50 per share. Guidance raised.","evidence_excerpt":"Excellence (IRX): • First quarter orders of $1,707 million, down 4%, or down 7% organic ◦ On a two-year stack, up 5%, or up 1% organic • Reported first quarter revenues of $1,670 million, up 3%, or down 1% organic 1 ◦ On a two-year stack, up 24%, or up 20% organic 1 • Reported net income attributable to Ingersoll Rand Inc. of $202 million, or earnings of $0.50","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1699150/000162828024020034/0001628280-24-020034-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$1,670 million"},{"label":"Net income","value":"$202 million"},{"label":"EPS","value":"$0.50 per share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}