Ingersoll Rand Q2 IT&S adjusted EBITDA margin falls on inflationary impacts

Ingersoll Rand

30/07/2026 21:30

Overview
Mission-critical flow solutions provider's Q2 revenue rose 9%
Co's IT&S segment organic order growth was flat compared to last year
Adjusted EBITDA margin in Industrial Technologies & Services declined year over year
Adjusted EPS for Q2 rose 7% to $0.86
Company signed deal to acquire Fai Filtri s.r.l., expected to close in Q4 2026

Outlook
Ingersoll Rand sees full-year 2026 revenue growth of 4.5% to 6.5%
Company expects 2026 adjusted EBITDA of $2,130 mln to $2,190 mln
Ingersoll Rand projects 2026 adjusted EPS of $3.45 to $3.57, likely near high end

Result Drivers
SEGMENT DEMAND VARIATION - Industrial Technologies & Services saw positive organic revenue growth in all regions, but flat organic order growth due to timing of long-cycle project orders in Europe and ongoing impact from the Middle East
INFLATIONARY PRESSURE - Adjusted EBITDA margin in Industrial Technologies & Services declined year over year, largely due to challenges in offsetting inflationary impacts with price, especially in China
STRONG DEMAND IN PRECISION & SCIENCE - Precision and Science Technologies segment saw strong demand, with organic orders up 7%, including low double-digit growth in Life Sciences and mid single-digit growth in Precision Technologies

Company press release: ID:nBw1DKCJpa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$2.05 bln
$1.96 bln (8 Analysts)
Q2 EPS
 
$0.66
 
Q2 Net Income
 
$258 mln
 
Q2 Adjusted EBITDA
 
$520 mln
 
Q2 Gross Profit
 
$862.60 mln
 
Q2 Operating Income
 
$380.30 mln
 
Q2 Pretax Profit
 
$327.10 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Ingersoll Rand Inc is $89.50, about 5.8% above its July 29 closing price of $84.61
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 22 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)