Ingersoll RandIREarnings & Financial Report
Ingersoll Rand Inc. is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc and its merger with Gardner Denver. Its products are sold under more than 40 brands across all major global markets.
Revenue
$1.8B
Gross Profit
$793.3M
Operating Profit
$271.8M
Net Profit
$185.0M
Gross Margin
43.9%
Operating Margin
15.1%
Net Margin
10.2%
YoY Growth
7.0%
EPS
$0.45
Ingersoll Rand Q2 FY2024 Financial Summary
Ingersoll Rand reported revenue of $1.8B (up 7.0% YoY) for Q2 FY2024, with a net profit of $185.0M (up 3.1% YoY) (10.2% margin). Cost of goods sold was $1.0B, operating expenses totaled $521.5M.
Key Financial Metrics
| Total Revenue | $1.8B |
|---|---|
| Net Profit | $185.0M |
| Gross Margin | 43.9% |
| Operating Margin | 15.1% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Ingersoll Rand Q2 FY2024 revenue of $1.8B breaks down across 5 segments, led by Transferred At Point In Time at $1.3B (73.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Transferred At Point In Time | $1.3B | 73.9% |
| Precision And Science Technologies Segment | $158.3M | 8.8% |
| Transferred Over Time | $132.3M | 7.3% |
| Acquisitions In2023 | $110.5M | 6.1% |
| Acquisitions In2024 | $64.5M | 3.6% |
Ingersoll Rand Revenue by Segment — Quarterly Trend
Ingersoll Rand revenue by segment across the last 4 reported quarters, showing how each business line (such as Transferred At Point In Time and Precision And Science Technologies Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Transferred At Point In Time | $1.5B | — | $1.3B | $1.2B |
| Precision And Science Technologies Segment | $183.1M | $183.7M | $180.7M | $168.9M |
| Transferred Over Time | $193.0M | $158.7M | $148.5M | $124.2M |
| Acquisitions In2024 | $175.6M | — | $153.0M | $139.5M |
Ingersoll Rand Annual Revenue by Year
Ingersoll Rand annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $7.7B |
| 2024 | $7.2B |
Ingersoll Rand Quarterly Revenue & Net Profit History
Ingersoll Rand results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $2.1B | +10.1% | $266.1M | 12.7% |
| Q3 FY2025 | $2.0B | +5.1% | $244.1M | 12.5% |
| Q2 FY2025 | $1.9B | +4.6% | $-115.3M | -6.1% |
| Q1 FY2025 | $1.7B | +2.8% | $186.5M | 10.9% |
| Q4 FY2024 | $1.9B | +4.2% | $229.8M | 12.1% |
| Q3 FY2024 | $1.9B | +7.0% | $221.6M | 11.9% |
| Q2 FY2024 | $1.8B | +7.0% | $185.0M | 10.2% |
| Q1 FY2024 | $1.7B | +2.5% | $202.2M | 12.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.67B | $1.81B | $1.86B | $1.90B | $1.72B | $1.89B | $1.96B | $2.09B |
| YoY Growth | 2.5% | 7.0% | 7.0% | 4.2% | 2.8% | 4.6% | 5.1% | 10.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.53B | $17.84B | $18.21B | $18.01B | $18.38B | $18.06B | $18.19B | $18.30B |
| Liabilities | $5.61B | $7.81B | $7.87B | $7.76B | $7.83B | $7.90B | $8.00B | $8.14B |
| Equity | $9.86B | $9.96B | $10.27B | $10.18B | $10.48B | $10.09B | $10.12B | $10.09B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $161.6M | $304.9M | $404.0M | $526.2M | $256.4M | $245.7M | $354.6M | $499.0M |