Earnings analysis · 10-Q
IR earnings analysis
Filed April 29, 2026 · Our reading of the company's report
The latest report
Ingersoll Rand's Q1 2026 results indicate a solid performance, with revenues of $1,847.2 million and an EPS of $0.77, both exceeding consensus expectations. Despite these positive indicators, the company faced a decline…
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Ingersoll Rand's Q1 2026 results indicate a solid performance, with revenues of $1,847.2 million and an EPS of $0.77, both exceeding consensus expectations. Despite these positive indicators, the company faced a decline in free cash flow to $163.4 million from $222.7 million YoY, attributed to increased costs and lower organic revenue growth.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Reported figures
- Earnings per share
- $0.77
- Segment
- Industrial Technologies and Services: $1,444.5M; Precision and Science Technologies: $402.7M
What stood out
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Revenue Growth Driven by Acquisitions
Revenue increased by 7.6%, up $130.4 million from $1,716.8 million YoY.
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EPS Exceeds Estimates
Reported diluted EPS of $0.77 surpassed the estimated $0.74.
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Adjusted EBITDA Growth
Adjusted EBITDA rose to $469.1 million from $459.7 million, marking a slight increase.
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Segment Orders Up
Total orders increased to $1,557.9 million in the Industrial segment, a 4.8% increase YoY.
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Maintain Full-Year Guidance
Management reaffirmed its guidance for 2026, including an Adjusted EPS range of $3.45 to $3.57.
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Improvement in Net Income
Net income rose to $193.8 million compared to $188.4 million a year ago.
What to watch
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Free Cash Flow Decline
Free cash flow declined to $163.4 million, down from $222.7 million YoY.
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Increased Restructuring Costs
Restructuring charges rose to $8.7 million from $5.4 million, impacting profitability.
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Organic Revenue Pressure
Organic revenues decreased by $5.9 million, suggesting challenges in core business growth.
Management's outlook
The company maintains its guidance for Adjusted EBITDA in the range of $2,130 - $2,190 million.
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.