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IR · Q2 2026
Archived report (Q2 2026). Latest deep dive →
The quarter in brief
Revenue grew 8.5% y/y to $2.05B, operating margin 18.6% vs 4.0%, net income $257M.
Net Income (Loss) Attributable to Ingersoll Rand Inc.
$257M
Revenues
$2,049M
up 8.5% y/y
Operating Income
$380M
up 398% y/y
Gross Profit
$863M
up 4.6% y/y
All figures in $M.
| Line item | Amount and change |
|---|---|
| Revenues | $2,049 · +8.5% |
| Cost of sales | $1,186 · +11.6% |
| Gross Profit | $863 · +4.6% · 42.1% margin |
| Selling and administrative expenses | $401 · +8.0% |
| Amortization of intangible assets | $103 · +12.0% |
| Other operating expense (income), net | $21.1 · vs −$19.9 |
| Operating Income | $380 · +398% · 18.6% margin |
| Interest expense | $63.3 · +1.0% |
| Other income, net | $10.1 · −29.9% |
| Income Before Income Taxes | $327 · +1064% |
| Provision for income taxes | $69.1 · +229% · 21.1% effective rate |
| Less: Net income attributable to noncontrolling interests | $1.2 · −20.0% |
| Net Income (Loss) Attributable to Ingersoll Rand Inc. | $257 · vs −$115 · $0.66/sh · 12.5% margin |
Verdict: revenue grew 8.5% y/y to $2.05B, operating margin 18.6% vs 4.0%, net income $257M.
Reported operating cash flow was $296 million and free cash flow was $269 million.
Source and notation
Source: Ingersoll Rand press release, 8-K EX-99.1 of 07/30/2026 (SEC EDGAR). Every figure was matched against the income statement in the release and checked against SEC XBRL.
Open as an image: IR, Q2 2026 (PNG) ↗ · for sharing and presentations · free to reuse, CC BY 4.0
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Chart: “IR Q2 2026: where the revenue went” by Who Reports Today, https://whoreportstoday.com/t/ir/q2-2026. Licensed under CC BY 4.0.
<figure> <a href="https://whoreportstoday.com/t/ir/q2-2026"><img src="https://whoreportstoday.com/t/ir/q2-2026/sankey.png" alt="IR Q2 2026: where the revenue went" loading="lazy" style="max-width:100%;height:auto"></a> <figcaption>Source: <a href="https://whoreportstoday.com/t/ir/q2-2026">Who Reports Today</a>, licensed under <a href="https://creativecommons.org/licenses/by/4.0/">CC BY 4.0</a></figcaption> </figure>
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<a href="https://whoreportstoday.com/t/ir/q2-2026">IR Q2 2026 earnings chart (Who Reports Today)</a>
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- Reported orders were $2,043 million, up 5%, and adjusted EBITDA was $520 million with a 25.4% margin.
- Gross margin was 42.1% vs 43.7% a year earlier.
- Operating income was $380M, a 18.6% margin vs 4.0% a year earlier.
- The effective tax rate was 21.1% vs 74.7% a year earlier.
- Diluted EPS was $0.66 vs −$0.29 a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
IR — a maker of compressors, pumps, vacuum and blower equipment and related products for industrial and life-science customers, sold under brands such as Ingersoll Rand and Gardner Denver, with a large aftermarket of parts and service.
It reports two segments: Industrial Technologies and Services, and Precision and Science Technologies (dosing, liquid handling and flow control equipment). · Source: annual report (Form 10-K, SEC)
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