Quarterly ResultApr 29, 2026, 04:48 PM
IR Q1 Revenue +7.6% to $1.85B; Diluted EPS $0.49
AI Summary
Ingersoll Rand Inc. reported a 7.6% increase in Q1 2026 revenue to $1,847.2 million, with net income attributable to the company rising 3.0% to $192.1 million, resulting in diluted EPS of $0.49. Despite top-line growth, operating income declined by 4.2% to $289.7 million, and net cash provided by operating activities decreased to $199.7 million. The company completed two acquisitions totaling $48.7 million and increased treasury stock purchases to $89.5 million.
Key Highlights
- IR Q1 2026 revenue increased 7.6% to $1,847.2 million from $1,716.8 million in Q1 2025.
- Net income attributable to Ingersoll Rand Inc. rose 3.0% to $192.1 million from $186.5 million YoY.
- Diluted earnings per share increased 6.5% to $0.49 from $0.46 YoY.
- Operating income decreased 4.2% to $289.7 million from $302.5 million YoY.
- Net cash provided by operating activities was $199.7 million, down from $256.4 million YoY.
- Completed the acquisition of Scinomix for $46.7 million and another business for $2.0 million.
- Restructuring charges, net, increased to $8.7 million from $5.3 million YoY.
- Purchased $89.5 million of treasury stock, up from $10.0 million YoY.