earnings
confidence high
sentiment positive
materiality 0.75
Ingersoll Rand Q2 2026: Revenue up 9% to $2.05B, Adj. EPS $0.86, updates FY guidance
Ingersoll Rand Inc.
- Q2 revenue $2,049M (+9% YoY); reported net income $257M ($0.66/sh); adjusted net income $339M ($0.86/sh, +7%).
- IT&S segment revenue +9% (organic +4%), adj. EBITDA margin 26.8% (-180bps); P&ST revenue +8% (organic +4%), margin 31.5% (+200bps).
- FY2026 guidance: revenue growth 4.5%-6.5% (organic 1%-3%), adj. EBITDA $2,130M-$2,190M, adj. EPS $3.45-$3.57.
- Signed acquisition of Fai Filtri s.r.l. (expected Q4 2026); also closing U.S. blower manufacturer on July 31, 2026.
- Generated $269M free cash flow; Moody's upgraded to Baa1; $240M share repurchases in Q2.