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Side-by-side financial comparison of ATI INC (ATI) and Ingersoll Rand (IR). Click either name above to swap in a different company.
Ingersoll Rand is the larger business by last-quarter revenue ($2.1B vs $1.2B, roughly 1.8× ATI INC). Ingersoll Rand runs the higher net margin — 12.7% vs 10.3%, a 2.5% gap on every dollar of revenue. On growth, Ingersoll Rand posted the faster year-over-year revenue change (10.1% vs 0.6%). Ingersoll Rand produced more free cash flow last quarter ($461.5M vs $74.6M). Over the past eight quarters, Ingersoll Rand's revenue compounded faster (11.9% CAGR vs 2.5%).
ATI Technologies Inc. was a Canadian semiconductor technology corporation based in Markham, Ontario, that specialized in the development of graphics processing units and chipsets. Founded in 1985, the company listed publicly in 1993 and was acquired by AMD in 2006. As a major fabless semiconductor company, ATI conducted research and development in-house and outsourced the manufacturing and assembly of its products. With the decline and eventual bankruptcy of 3dfx in 2000, ATI and its chief ri...
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.
ATI vs IR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.2B | $2.1B |
| Net Profit | $118.2M | $266.1M |
| Gross Margin | 22.8% | 42.6% |
| Operating Margin | 14.2% | 18.7% |
| Net Margin | 10.3% | 12.7% |
| Revenue YoY | 0.6% | 10.1% |
| Net Profit YoY | 21.9% | 15.8% |
| EPS (diluted) | $0.85 | $0.67 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $1.1B | $2.0B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $1.1B | $1.7B | ||
| Q4 24 | $1.2B | $1.9B | ||
| Q3 24 | $1.1B | $1.9B | ||
| Q2 24 | $1.1B | $1.8B |
| Q1 26 | $118.2M | — | ||
| Q4 25 | $96.6M | $266.1M | ||
| Q3 25 | $110.0M | $244.1M | ||
| Q2 25 | $100.7M | $-115.3M | ||
| Q1 25 | $97.0M | $186.5M | ||
| Q4 24 | $137.1M | $229.8M | ||
| Q3 24 | $82.7M | $221.6M | ||
| Q2 24 | $81.9M | $185.0M |
| Q1 26 | 22.8% | — | ||
| Q4 25 | 23.2% | 42.6% | ||
| Q3 25 | 22.7% | 43.7% | ||
| Q2 25 | 21.3% | 43.7% | ||
| Q1 25 | 20.6% | 44.6% | ||
| Q4 24 | 21.2% | 42.9% | ||
| Q3 24 | 21.4% | 43.8% | ||
| Q2 24 | 20.8% | 43.9% |
| Q1 26 | 14.2% | — | ||
| Q4 25 | 14.5% | 18.7% | ||
| Q3 25 | 14.4% | 19.2% | ||
| Q2 25 | 14.1% | 4.0% | ||
| Q1 25 | 12.8% | 17.6% | ||
| Q4 24 | 17.8% | 20.0% | ||
| Q3 24 | 13.5% | 19.1% | ||
| Q2 24 | 13.0% | 15.1% |
| Q1 26 | 10.3% | — | ||
| Q4 25 | 8.2% | 12.7% | ||
| Q3 25 | 9.8% | 12.5% | ||
| Q2 25 | 8.8% | -6.1% | ||
| Q1 25 | 8.5% | 10.9% | ||
| Q4 24 | 11.7% | 12.1% | ||
| Q3 24 | 7.9% | 11.9% | ||
| Q2 24 | 7.5% | 10.2% |
| Q1 26 | $0.85 | — | ||
| Q4 25 | $0.70 | $0.67 | ||
| Q3 25 | $0.78 | $0.61 | ||
| Q2 25 | $0.70 | $-0.29 | ||
| Q1 25 | $0.67 | $0.46 | ||
| Q4 24 | $0.94 | $0.57 | ||
| Q3 24 | $0.57 | $0.54 | ||
| Q2 24 | $0.58 | $0.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $401.7M | $1.2B |
| Total DebtLower is stronger | $1.8B | $4.8B |
| Stockholders' EquityBook value | $1.9B | $10.1B |
| Total Assets | $5.2B | $18.3B |
| Debt / EquityLower = less leverage | 0.95× | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $401.7M | — | ||
| Q4 25 | $416.7M | $1.2B | ||
| Q3 25 | $372.2M | $1.2B | ||
| Q2 25 | $319.6M | $1.3B | ||
| Q1 25 | $475.8M | $1.6B | ||
| Q4 24 | $721.2M | $1.5B | ||
| Q3 24 | $406.6M | $1.4B | ||
| Q2 24 | $425.6M | $1.1B |
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.7B | $4.8B | ||
| Q3 25 | $1.7B | $4.8B | ||
| Q2 25 | $1.7B | $4.8B | ||
| Q1 25 | $1.7B | $4.8B | ||
| Q4 24 | $1.7B | $4.8B | ||
| Q3 24 | $1.9B | $4.8B | ||
| Q2 24 | $1.9B | $4.8B |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $10.1B | ||
| Q3 25 | $1.7B | $10.1B | ||
| Q2 25 | $1.7B | $10.1B | ||
| Q1 25 | $1.9B | $10.5B | ||
| Q4 24 | $1.9B | $10.2B | ||
| Q3 24 | $1.8B | $10.3B | ||
| Q2 24 | $1.4B | $10.0B |
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.1B | $18.3B | ||
| Q3 25 | $5.0B | $18.2B | ||
| Q2 25 | $5.0B | $18.1B | ||
| Q1 25 | $5.2B | $18.4B | ||
| Q4 24 | $5.2B | $18.0B | ||
| Q3 24 | $5.1B | $18.2B | ||
| Q2 24 | $4.9B | $17.8B |
| Q1 26 | 0.95× | — | ||
| Q4 25 | 0.95× | 0.47× | ||
| Q3 25 | 1.00× | 0.47× | ||
| Q2 25 | 0.98× | 0.47× | ||
| Q1 25 | 0.91× | 0.45× | ||
| Q4 24 | 0.93× | 0.47× | ||
| Q3 24 | 1.04× | 0.47× | ||
| Q2 24 | 1.37× | 0.48× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $499.0M |
| Free Cash FlowOCF − Capex | $74.6M | $461.5M |
| FCF MarginFCF / Revenue | 6.5% | 22.1% |
| Capex IntensityCapex / Revenue | — | 1.8% |
| Cash ConversionOCF / Net Profit | — | 1.88× |
| TTM Free Cash FlowTrailing 4 quarters | $554.1M | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $315.8M | $499.0M | ||
| Q3 25 | $229.5M | $354.6M | ||
| Q2 25 | $161.5M | $245.7M | ||
| Q1 25 | $-92.5M | $256.4M | ||
| Q4 24 | $380.9M | $526.2M | ||
| Q3 24 | $24.0M | $404.0M | ||
| Q2 24 | $101.1M | $304.9M |
| Q1 26 | $74.6M | — | ||
| Q4 25 | $223.1M | $461.5M | ||
| Q3 25 | $167.0M | $325.5M | ||
| Q2 25 | $89.4M | $210.4M | ||
| Q1 25 | $-145.8M | $222.7M | ||
| Q4 24 | $333.6M | $490.9M | ||
| Q3 24 | $-41.8M | $374.3M | ||
| Q2 24 | $40.9M | $283.1M |
| Q1 26 | 6.5% | — | ||
| Q4 25 | 19.0% | 22.1% | ||
| Q3 25 | 14.8% | 16.6% | ||
| Q2 25 | 7.8% | 11.1% | ||
| Q1 25 | -12.7% | 13.0% | ||
| Q4 24 | 28.4% | 25.9% | ||
| Q3 24 | -4.0% | 20.1% | ||
| Q2 24 | 3.7% | 15.7% |
| Q1 26 | — | — | ||
| Q4 25 | 7.9% | 1.8% | ||
| Q3 25 | 5.6% | 1.5% | ||
| Q2 25 | 6.3% | 1.9% | ||
| Q1 25 | 4.7% | 2.0% | ||
| Q4 24 | 4.0% | 1.9% | ||
| Q3 24 | 6.3% | 1.6% | ||
| Q2 24 | 5.5% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | 3.27× | 1.88× | ||
| Q3 25 | 2.09× | 1.45× | ||
| Q2 25 | 1.60× | — | ||
| Q1 25 | -0.95× | 1.37× | ||
| Q4 24 | 2.78× | 2.29× | ||
| Q3 24 | 0.29× | 1.82× | ||
| Q2 24 | 1.23× | 1.65× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATI
Segment breakdown not available.
IR
| Transferred At Point In Time | $1.5B | 71% |
| Transferred Over Time | $193.0M | 9% |
| Precision And Science Technologies Segment | $183.1M | 9% |
| Acquisitions In2024 | $175.6M | 8% |
| Acquisitions In2025 | $70.8M | 3% |