Quarterly ResultApr 29, 2026, 04:52 PM
IR Q1 Revenue +7.6% to $1.85B; EPS $0.49; Net Income +3.0%
AI Summary
Ingersoll Rand Inc. reported a 7.6% increase in Q1 2026 revenues to $1.85 billion, with net income attributable to the company rising 3.0% to $192.1 million, resulting in basic and diluted EPS of $0.49. The company completed the acquisition of Scinomix and another sales and service business for a total of $48.7 million. Operating income decreased by 4.2% to $289.7 million, and net cash provided by operating activities declined by 22.1% to $199.7 million.
Key Highlights
- Q1 2026 Revenue increased 7.6% to $1,847.2 million from $1,716.8 million YoY.
- Q1 2026 Net Income attributable to IR Inc. rose 3.0% to $192.1 million from $186.5 million YoY.
- Q1 2026 Basic and Diluted EPS increased 6.5% to $0.49 from $0.46 YoY.
- Q1 2026 Operating Income decreased 4.2% to $289.7 million from $302.5 million YoY.
- Net cash provided by operating activities for Q1 2026 was $199.7 million, down 22.1% YoY.
- Completed acquisitions in Q1 2026 for $48.7 million, including Scinomix.
- Restructuring charges increased to $8.7 million in Q1 2026 from $5.3 million YoY.
- Purchased $89.5 million of treasury stock in Q1 2026.
Price Impact
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