Ingersoll Rand income statement
In fiscal 2025, Ingersoll Rand reported revenue of $7.65bn, up 5.7% on the year before, operating income of $1.14bn (a 15.0% margin) and net income of $581m, or $1.45 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,127 | 1,939 | 2,375 | 2,690 | 2,018 | 3,973 | 5,152 | 5,916 | 6,876 | 7,235 | 7,651 | 8,052 |
| Cost of revenue | 1,348 | 1,223 | 1,478 | 1,677 | 1,239 | 2,568 | 3,164 | 3,591 | 3,994 | 4,065 | 4,315 | 4,582 |
| Gross profit | 779 | 717 | 898 | 1,013 | 778 | 1,405 | 1,989 | 2,326 | 2,882 | 3,170 | 3,336 | 3,470 |
| Research and development | 26 | 22 | 26 | 24 | 22 | 58 | 74 | 91 | 108 | 117 | 114 | — |
| Selling, general and administrative | 427 | 415 | 446 | 435 | 410 | 789 | 1,028 | 1,096 | 1,273 | 1,344 | 1,439 | 1,518 |
| Operating income | −205 | 104 | 109 | 443 | 194 | 60 | 566 | 817 | 1,164 | 1,300 | 1,145 | 1,843 |
| Interest expense | 163 | 170 | 141 | 100 | 88 | 111 | 88 | 103 | 157 | 213 | 254 | 255 |
| Income before tax | −367 | −63 | −113 | 350 | 110 | −45 | 513 | 742 | 1,031 | 1,133 | 935 | 1,617 |
| Income tax | −15 | −32 | −131 | 80 | 13 | 11 | −22 | 150 | 240 | 263 | 219 | 225 |
| Net income | −351 | −37 | 18 | 269 | 159 | −33 | 563 | 605 | 779 | 839 | 581 | 1,385 |
| Diluted EPS | −$2.35 | −$0.25 | $0.10 | $1.29 | $0.76 | −$0.09 | $1.34 | $1.47 | $1.90 | $2.06 | $1.45 | $3.52 |
| Diluted shares (average) | 150m | 149m | 188m | 209m | 209m | 383m | 421m | 410m | 409m | 407m | 401m | 393m |
| EBITDA | −42 | 276 | 283 | 623 | 341 | 472 | 988 | 1,250 | 1,623 | 1,782 | 1,650 | 2,391 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,899 | 1,717 | 1,888 | 1,955 | 2,091 | 1,847 | 2,049 | 2,065 |
| Cost of revenue | 1,083 | 951 | 1,063 | 1,100 | 1,201 | 1,055 | 1,186 | 1,141 |
| Gross profit | 815 | 766 | 825 | 855 | 891 | 792 | 863 | 924 |
| Selling, general and administrative | 332 | 350 | 371 | 361 | 357 | 371 | 401 | 390 |
| Operating income | 379 | 303 | 76 | 376 | 390 | 290 | 380 | 783 |
| Interest expense | 62 | 61 | 63 | 65 | 65 | 64 | 63 | 63 |
| Income before tax | 325 | 253 | 28 | 319 | 335 | 230 | 327 | 725 |
| Income tax | 88 | 59 | 21 | 74 | 66 | 36 | 69 | 54 |
| Net income | 230 | 187 | −115 | 244 | 266 | 192 | 257 | 670 |
| Diluted EPS | $0.57 | $0.46 | −$0.29 | $0.61 | $0.67 | $0.49 | $0.66 | $1.73 |
| EBITDA | 502 | 423 | 197 | 500 | 531 | 427 | 513 | 920 |
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