← Filings of IR
| Page No. |
| PART I. FINANCIAL INFORMATION | |
| Item 1. Financial Statements | 5 |
| Condensed Consolidated Statements of Operations (Unaudited) | 5 |
| Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) | 6 |
| Condensed Consolidated Balance Sheets (Unaudited) | 7 |
| Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) | 8 |
| Condensed Consolidated Statements of Cash Flows (Unaudited) | 10 |
First 8 of 43 rows. The download has all of them.
Table 2 after “(Unaudited; in millions, except per share amounts)”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Revenues | $2,048.8 | | $1,887.9 | | $3,896.0 | $3,604.7 |
| Cost of sales | 1,186.2 | | 1,063.0 | | 2,241.0 | 2,014.3 |
| Gross Profit | 862.6 | | 824.9 | | 1,655.0 | 1,590.4 |
| Selling and administrative expenses | 400.8 | | 371.2 | | 771.5 | 721.2 |
| Amortization of intangible assets | 102.6 | | 91.6 | | 210.1 | 182.9 |
| Impairment of goodwill | — | | 229.7 | | — | 229.7 |
First 8 of 21 rows. The download has all of them.
Table 3 after “(Unaudited; in millions)”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Comprehensive Income Attributable to Ingersoll Rand Inc. | | | | | | |
| Net income (loss) attributable to Ingersoll Rand Inc. | $256.8 | | $(115.3) | | $448.9 | $71.2 |
| Other comprehensive income (loss), net of tax: | | | | | | |
| Foreign currency translation adjustments, net | (23.2) | | 215.7 | | (64.5) | 339.4 |
| Unrecognized gain (loss) on cash flow hedges | — | | (2.9) | | 0.1 | (6.0) |
| Pension and other postretirement prior service cost and gain (loss), net | (0.8) | | (3.1) | | (1.0) | (5.7) |
First 8 of 17 rows. The download has all of them.
Table 4 after “(Unaudited; in millions, except share amounts)”
| June 30, 2026 | December 31, 2025 | |
| Assets | | | |
| Current assets: | | | |
| Cash and cash equivalents | $1,173.5 | | $1,248.8 |
| Accounts receivable, net of allowance for credit losses of $65.0 and $66.8, respectively | 1,514.8 | | 1,518.0 |
| Inventories | 1,233.0 | | 1,172.9 |
| Other current assets | 367.8 | | 308.3 |
| Total current assets | 4,289.1 | | 4,248.0 |
First 8 of 36 rows. The download has all of them.
Table 5 after “(Unaudited; in millions)”
| Three Month Period Ended June 30, 2026 | | | | | | | | | | | | | |
| Common Stock | Capital in Excess of Par Value | | Retained Earnings | Accumulated Other Comprehensive Loss | Treasury Stock | | Total Ingersoll Rand Inc. Stockholders’ Equity | Noncontrolling Interests | Total Equity | | | | |
| Shares Issued | Par | | | | | | | | | | | | |
| Balance at beginning of period | 432.8 | | $4.3 | | $9,729.4 | | $3,237.4 | | $(189.7) | | $(2,606.3) | $10,175.1 | $64.7 | $10,239.8 |
| Net income | — | | — | | — | | 256.8 | | — | | — | 256.8 | 1.2 | 258.0 |
| Dividends declared | — | | — | | — | | (7.9) | | — | | — | (7.9) | — | (7.9) |
| Issuance of common stock for stock-based compensation plans | 0.1 | | — | | 1.8 | | — | | — | | — | 1.8 | — | 1.8 |
| Purchases of treasury stock | — | | — | | — | | — | | — | | (242.2) | (242.2) | — | (242.2) |
First 8 of 12 rows. The download has all of them.
Table 6 after “(Unaudited; in millions)”
| Three Month Period Ended June 30, 2025 | | | | | | | | | | | | | |
| Common Stock | Capital in Excess of Par Value | | Retained Earnings | Accumulated Other Comprehensive Loss | Treasury Stock | | Total Ingersoll Rand Inc. Stockholders’ Equity | Noncontrolling Interests | Total Equity | | | | |
| Shares Issued | Par | | | | | | | | | | | | |
| Balance at beginning of period | 431.4 | | $4.3 | | $9,651.7 | | $2,681.9 | | $(350.5) | | $(1,502.6) | $10,484.8 | $68.9 | $10,553.7 |
| Net income (loss) | — | | — | | — | | (115.3) | | — | | — | (115.3) | 1.5 | (113.8) |
| Dividends declared | — | | — | | — | | (8.0) | | — | | — | (8.0) | — | (8.0) |
| Issuance of common stock for stock-based compensation plans | 0.1 | | — | | 3.8 | | — | | — | | — | 3.8 | — | 3.8 |
| Purchases of treasury stock | — | | — | | — | | — | | — | | (504.6) | (504.6) | — | (504.6) |
First 8 of 12 rows. The download has all of them.
Table 7 after “(Unaudited; in millions)”
| Six Month Period Ended June 30, 2026 | | | | | | | | | | | | | |
| Common Stock | Capital in Excess of Par Value | | Retained Earnings | Accumulated Other Comprehensive Loss | Treasury Stock | | Total Ingersoll Rand Inc. Stockholders’ Equity | Noncontrolling Interests | Total Equity | | | | |
| Shares Issued | Par | | | | | | | | | | | | |
| Balance at beginning of period | 431.8 | | $4.3 | | $9,699.9 | | $3,053.1 | | $(148.3) | | $(2,519.2) | $10,089.8 | $64.2 | $10,154.0 |
| Net income | — | | — | | — | | 448.9 | | — | | — | 448.9 | 2.9 | 451.8 |
| Dividends declared | — | | — | | — | | (15.7) | | — | | — | (15.7) | — | (15.7) |
| Issuance of common stock for stock-based compensation plans | 1.1 | | — | | 17.0 | | — | | — | | — | 17.0 | — | 17.0 |
| Purchases of treasury stock | — | | — | | — | | — | | — | | (331.7) | (331.7) | — | (331.7) |
First 8 of 12 rows. The download has all of them.
Table 8 after “(Unaudited; in millions)”
| Six Month Period Ended June 30, 2025 | | | | | | | | | | | | | |
| Common Stock | Capital in Excess of Par Value | | Retained Earnings | Accumulated Other Comprehensive Loss | Treasury Stock | | Total Ingersoll Rand Inc. Stockholders’ Equity | Noncontrolling Interests | Total Equity | | | | |
| Shares Issued | Par | | | | | | | | | | | | |
| Balance at beginning of period | 430.7 | | $4.3 | | $9,633.6 | | $2,503.5 | | $(468.5) | | $(1,493.9) | $10,179.0 | $66.3 | $10,245.3 |
| Net income | — | | — | | — | | 71.2 | | — | | — | 71.2 | 3.4 | 74.6 |
| Dividends declared | — | | — | | — | | (16.1) | | — | | — | (16.1) | — | (16.1) |
| Issuance of common stock for stock-based compensation plans | 0.8 | | — | | 8.9 | | — | | — | | — | 8.9 | — | 8.9 |
| Purchases of treasury stock | — | | — | | — | | — | | — | | (514.6) | (514.6) | — | (514.6) |
First 8 of 12 rows. The download has all of them.
Table 9 after “(Unaudited; in millions)”
| For the Six Month Period Ended June 30, | | |
| 2026 | 2025 | |
| Cash Flows From Operating Activities: | | | |
| Net income | $451.8 | | $74.6 |
| Adjustments to reconcile net income to net cash provided by operating activities: | | | |
| Amortization of intangible assets | 210.1 | | 182.9 |
| Depreciation | 59.6 | | 57.6 |
| Impairment of goodwill and other intangible assets | — | | 265.8 |
First 8 of 39 rows. The download has all of them.
Table 10 after “The following table summarizes the allocation of consideration for all businesses acquired in 2026 to the fair values of identifiable assets”
| Accounts receivable | $11.8 |
| Inventories | 9.4 |
| Other current assets | 0.7 |
| Property, plant and equipment | 1.3 |
| Goodwill | 106.9 |
| Other intangible assets | 52.1 |
| Other assets | 4.1 |
| Total current liabilities | (8.9) |
First 8 of 11 rows. The download has all of them.
Table 11 after “The following table summarizes the allocation of consideration for all businesses acquired in 2025 to the fair values of identifiable assets”
| TMIC/Adicomp | All Others | | Total | |
| Accounts receivable | $22.8 | | $29.2 | | $52.0 |
| Inventories | 34.5 | | 28.9 | | 63.4 |
| Other current assets | 4.7 | | 3.3 | | 8.0 |
| Property, plant and equipment | 30.8 | | 13.2 | | 44.0 |
| Goodwill | 97.9 | | 263.1 | | 361.0 |
| Other intangible assets | 80.6 | | 105.9 | | 186.5 |
| Other assets | 0.7 | | 7.3 | | 8.0 |
First 8 of 12 rows. The download has all of them.
Table 12 after “For the three and six month periods ended June 30, 2026 and 2025, “Restructuring charges, net” were recognized within “Other operating expen”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Industrial Technologies and Services | $0.6 | | $1.8 | | $3.2 | $5.8 |
| Precision and Science Technologies | 2.3 | | 0.9 | | 8.0 | 2.3 |
| Corporate | 0.3 | | 0.5 | | 0.7 | 0.4 |
| Restructuring charges, net | $3.2 | | $3.2 | | $11.9 | $8.5 |
Table 13 after “The following table summarizes the activity associated with the Company’s restructuring programs for the three and six month periods ended J”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Balance at beginning of period | $34.8 | | $17.0 | | $39.9 | $22.3 |
| Charged to expense - termination benefits | 1.7 | | 2.7 | | 9.6 | 7.4 |
| Charged to expense - other | 1.5 | | 0.5 | | 2.3 | 1.1 |
| Payments | (12.0) | | (5.4) | | (25.5) | (16.5) |
| Currency translation adjustment and other | (0.1) | | 1.2 | | (0.4) | 1.7 |
| Balance at end of period | $25.9 | | $16.0 | | $25.9 | $16.0 |
Table 14 after “The allowance for credit losses for the three and six month periods ended June 30, 2026 and 2025 consisted of the following.”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Balance at beginning of the period | $65.4 | | $63.0 | | $66.8 | $57.3 |
| Provision charged to expense | 4.8 | | 2.3 | | 5.7 | 7.1 |
| Write-offs, net of recoveries | (5.4) | | (0.8) | | (7.6) | (1.4) |
| Foreign currency translation and other | 0.2 | | 1.7 | | 0.1 | 3.2 |
| Balance at end of the period | $65.0 | | $66.2 | | $65.0 | $66.2 |
Table 15 after “Inventories as of June 30, 2026 and December 31, 2025 consisted of the following.”
| June 30, 2026 | December 31, 2025 | |
| Raw materials, including parts and subassemblies | $759.2 | | $737.3 |
| Work-in-process | 161.7 | | 128.7 |
| Finished goods | 420.7 | | 403.9 |
| 1,341.6 | | 1,269.9 |
| LIFO reserve | (108.6) | | (97.0) |
| Inventories | $1,233.0 | | $1,172.9 |
Table 16 after “The changes in the carrying amount of goodwill attributable to each reportable segment for the six month period ended June 30, 2026 is prese”
| Industrial Technologies and Services | Precision and Science Technologies | | Total | |
| Balance at beginning of period | $5,385.5 | | $3,098.6 | | $8,484.1 |
| Acquisitions | 34.7 | | 72.2 | | 106.9 |
| Foreign currency translation and other(1) | (32.2) | | (16.9) | | (49.1) |
| Balance at end of period | $5,388.0 | | $3,153.9 | | $8,541.9 |
Table 17 after “Other intangible assets as of June 30, 2026 and December 31, 2025 consisted of the following.”
| June 30, 2026 | December 31, 2025 | | | | | | | | |
| Gross Carrying Amount | Accumulated Amortization | | Net Carrying Amount | Gross Carrying Amount | Accumulated Amortization | | Net Carrying Amount | | |
| Amortized intangible assets | | | | | | | | | | |
| Customer lists and relationships | $4,305.0 | | $(2,317.2) | | $1,987.8 | | $4,292.9 | | $(2,186.3) | $2,106.6 |
| Technology | 578.6 | | (355.2) | | 223.4 | | 573.5 | | (325.2) | 248.3 |
| Tradenames | 335.1 | | (81.7) | | 253.4 | | 327.6 | | (53.1) | 274.5 |
| Other | 168.4 | | (128.1) | | 40.3 | | 163.4 | | (125.0) | 38.4 |
| Unamortized intangible assets | | | | | | | | | | |
First 8 of 10 rows. The download has all of them.
Table 18 after “Accrued liabilities as of June 30, 2026 and December 31, 2025 consisted of the following.”
| June 30, 2026 | December 31, 2025 | |
| Salaries, wages and related fringe benefits | $226.7 | | $238.1 |
| Contract liabilities | 332.0 | | 347.2 |
| Product warranty | 54.6 | | 54.1 |
| Operating lease liabilities | 64.3 | | 64.8 |
| Restructuring | 25.9 | | 39.9 |
| Taxes | 89.0 | | 108.5 |
| Accrued interest | 39.6 | | 33.1 |
First 8 of 10 rows. The download has all of them.
Table 19 after “A reconciliation of the changes in the accrued product warranty liability for the three and six month periods ended June 30, 2026 and 2025 a”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Balance at beginning of period | $54.3 | | $62.7 | | $54.1 | $67.9 |
| Product warranty accruals | 9.8 | | 4.7 | | 18.2 | 6.0 |
| Settlements | (9.3) | | (8.2) | | (17.2) | (15.5) |
| Foreign currency translation and other | (0.2) | | 1.8 | | (0.5) | 2.6 |
| Balance at end of period | $54.6 | | $61.0 | | $54.6 | $61.0 |
Table 20 after “The following table summarizes the components of net periodic benefit cost for the Company’s defined benefit pension plans and other postret”
| Pension Benefits | Other Postretirement Benefits | | | | | | | | |
| U.S. Plans | Non-U.S. Plans | | | | | | | | |
| For the Three Month Period Ended June 30, | | | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | 2026 | | 2025 | | |
| Service cost | $— | | $— | | $0.5 | | $0.8 | | $— | $— |
| Interest cost | 3.2 | | 3.4 | | 2.8 | | 2.9 | | 0.1 | — |
| Expected return on plan assets | (3.2) | | (2.7) | | (2.2) | | (2.3) | | — | — |
| Recognition of: | | | | | | | | | | |
First 8 of 11 rows. The download has all of them.
Table 21 after “The following table summarizes the components of net periodic benefit cost for the Company’s defined benefit pension plans and other postret”
| Pension Benefits | Other Postretirement Benefits | | | | | | | | |
| U.S. Plans | Non-U.S. Plans | | | | | | | | |
| For the Six Month Period Ended June 30, | | | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | 2026 | | 2025 | | |
| Service cost | $— | | $— | | $1.2 | | $1.5 | | $— | $— |
| Interest cost | 6.4 | | 6.9 | | 5.7 | | 5.7 | | 0.1 | 0.1 |
| Expected return on plan assets | (6.4) | | (5.5) | | (4.5) | | (4.6) | | — | — |
| Recognition of: | | | | | | | | | | |
First 8 of 11 rows. The download has all of them.
Table 22 after “Debt as of June 30, 2026 and December 31, 2025 is summarized as follows.”
| June 30, 2026 | December 31, 2025 | |
| Short-term borrowings | $— | | $— |
| Long-term debt: | | | |
| 5.197% Senior Notes, due June 2027(1)(2) | $700.0 | | $700.0 |
| 5.400% Senior Notes, due August 2028(1) | 499.2 | | 499.0 |
| 5.176% Senior Notes, due June 2029(1) | 750.0 | | 750.0 |
| 5.314% Senior Notes, due June 2031(1) | 500.0 | | 500.0 |
| 5.700% Senior Notes, due August 2033(1) | 994.5 | | 994.1 |
First 8 of 16 rows. The download has all of them.
Table 23 after “A summary of the Company’s stock option activity for the six month period ended June 30, 2026 is presented in the following table (underlyin”
| Shares | Weighted-Average Exercise Price (per share) | |
| Stock options outstanding as of December 31, 2025 | 4,314 | | $49.83 |
| Granted | 612 | | 93.66 |
| Exercised or settled | (787) | | 22.49 |
| Forfeited | (40) | | 84.89 |
| Expired | (9) | | 85.11 |
| Stock options outstanding as of June 30, 2026 | 4,090 | | 61.23 |
| Vested as of June 30, 2026 | 2,435 | | 45.15 |
Table 24 after “The following assumptions were used to estimate the fair value of options granted during the six month periods ended June 30, 2026 and 2025 ”
| For the Six Month Period Ended June 30, | | |
| Assumptions | 2026 | 2025 | |
| Expected life of options (in years) | 6.3 | 6.3 - 7.5 | |
| Risk-free interest rate | 3.7% - 4.2% | 4.1% - 4.2% | |
| Assumed volatility | 34.0% - 34.4% | 34.2% - 34.3% | |
| Expected dividend rate | 0.1% | | 0.1% |
Table 25 after “A summary of the Company’s restricted stock unit activity for the six month period ended June 30, 2026 is presented in the following table (”
| Shares | Weighted-Average Grant-Date Fair Value | |
| Non-vested as of December 31, 2025 | 892 | | $80.55 |
| Granted | 345 | | 91.07 |
| Vested | (294) | | 76.49 |
| Forfeited | (47) | | 84.72 |
| Non-vested as of June 30, 2026 | 896 | | 85.71 |
Table 26 after “A summary of the Company’s performance stock unit activity for the six month period ended June 30, 2026 is presented in the following table ”
| Shares | Weighted-Average Grant-Date Fair Value | |
| Non-vested as of December 31, 2025 | 1,347 | | $54.67 |
| Granted | 182 | | 114.87 |
| Change in units based on performance | 8 | | 75.52 |
| Vested | (129) | | 75.52 |
| Non-vested as of June 30, 2026 | 1,408 | | 60.67 |
Table 27 after “The following assumptions were used to estimate the fair value of performance stock units granted during the six month periods ended June 30”
| For the Six Month Period Ended June 30, | | |
| Assumptions | 2026 | 2025 | |
| Expected term (in years) | 2.9 | 2.8 | |
| Risk-free interest rate | 3.4% | 4.0% | |
| Assumed volatility | 28.9% | 28.6% | |
| Expected dividend rate | 0.1% | | 0.1% |
Table 28 after “The before tax income (loss) and related income tax effect are as follows.”
| For the Three Month Period Ended June 30, | | | | | | | | | |
| 2026 | 2025 | | | | | | | | |
| Before-Tax Amount | Tax Benefit (Expense) | | Net of Tax Amount | Before-Tax Amount | Tax Benefit (Expense) | | Net of Tax Amount | | |
| Foreign currency translation adjustments, net | $(23.1) | | $(0.1) | | $(23.2) | | $187.7 | | $28.0 | $215.7 |
| Unrecognized losses on cash flow hedges | — | | — | | — | | (2.9) | | — | (2.9) |
| Pension and other postretirement benefit prior service cost and gain or loss, net | (1.0) | | 0.2 | | (0.8) | | (4.1) | | 1.0 | (3.1) |
| Other comprehensive income (loss) | $(24.1) | | $0.1 | | $(24.0) | | $180.7 | | $29.0 | $209.7 |
Table 29 after “Table of Contents”
| For the Six Month Period Ended June 30, | | | | | | | | | |
| 2026 | 2025 | | | | | | | | |
| Before-Tax Amount | Tax Benefit (Expense) | | Net of Tax Amount | Before-Tax Amount | Tax Benefit (Expense) | | Net of Tax Amount | | |
| Foreign currency translation adjustments, net | $(57.5) | | $(7.0) | | $(64.5) | | $302.2 | | $37.2 | $339.4 |
| Unrecognized losses on cash flow hedges | 0.1 | | — | | 0.1 | | (5.9) | | (0.1) | (6.0) |
| Pension and other postretirement benefit prior service cost and gain or loss, net | (1.3) | | 0.3 | | (1.0) | | (7.6) | | 1.9 | (5.7) |
| Other comprehensive income (loss) | $(58.7) | | $(6.7) | | $(65.4) | | $288.7 | | $39.0 | $327.7 |
Table 30 after “Changes in accumulated other comprehensive loss by component for the six month periods ended June 30, 2026 and 2025 are presented in the fol”
| Foreign Currency Translation Adjustments, Net | Cash Flow Hedges | | Pension and Other Postretirement Benefit Plans | Total | |
| Balance as of December 31, 2025 | $(149.1) | | $(2.7) | | $3.5 | $(148.3) |
| Other comprehensive loss before reclassifications | (57.5) | | — | | (0.4) | (57.9) |
| Amounts reclassified from accumulated other comprehensive loss | (7.0) | | 0.1 | | (0.6) | (7.5) |
| Other comprehensive income (loss) | (64.5) | | 0.1 | | (1.0) | (65.4) |
| Balance as of June 30, 2026 | $(213.6) | | $(2.6) | | $2.5 | $(213.7) |
Table 31 after “Changes in accumulated other comprehensive loss by component for the six month periods ended June 30, 2026 and 2025 are presented in the fol”
| Foreign Currency Translation Adjustments, Net | Cash Flow Hedges | | Pension and Other Postretirement Benefit Plans | Total | |
| Balance as of December 31, 2024 | $(479.6) | | $3.1 | | $8.0 | $(468.5) |
| Other comprehensive income (loss) before reclassifications | 346.1 | | (1.5) | | (1.1) | 343.5 |
| Amounts reclassified from accumulated other comprehensive loss | (6.7) | | (4.5) | | (4.6) | (15.8) |
| Other comprehensive income (loss) | 339.4 | | (6.0) | | (5.7) | 327.7 |
| Balance as of June 30, 2025 | $(140.2) | | $(2.9) | | $2.3 | $(140.8) |
Table 32 after “Reclassifications out of accumulated other comprehensive loss for the six month periods ended June 30, 2026 and 2025 are presented in the fo”
| Amount Reclassified from Accumulated Other Comprehensive Loss | | | | | | |
| Details about Accumulated Other Comprehensive Loss Components | | For the Six Month Period Ended June 30, | | Affected Line(s) in the Statement Where Net Income is Presented | | |
| 2026 | | 2025 | | | |
| Cash flow hedges | | $0.1 | | | $(6.0) | Interest expense |
| Provision for income taxes | | — | | | 1.5 | Provision for income taxes |
| Cash flow hedges, net of tax | | $0.1 | | | $(4.5) | |
| Net investment hedges | | $(9.3) | | | $(8.9) | Interest expense |
| Provision for income taxes | | 2.3 | | | 2.2 | Provision for income taxes |
First 8 of 13 rows. The download has all of them.
Table 33 after “The following table summarizes the notional amounts, fair values and classification of the Company’s outstanding derivatives by risk categor”
| June 30, 2026 | | | | | | | | | | |
| Derivative Classification | | Notional Amount(1) | | Fair Value(1) Other Current Assets | Fair Value(1) Other Assets | Fair Value(1) Accrued Liabilities | | Fair Value(1) Other Liabilities | | |
| Derivatives Designated as Hedging Instruments | | | | | | | | | | |
| Interest rate swap contracts | Fair Value | | $1,000.0 | | $0.4 | | $2.3 | | $0.4 | $2.1 |
| Cross-currency interest rate swap contracts | Net investment | | 1,332.7 | | 7.8 | | — | | 27.8 | 71.8 |
| Derivatives Not Designated as Hedging Instruments | | | | | | | | | | |
| Foreign currency forwards | Fair value | | $186.2 | | $0.9 | | $— | | $— | $— |
| Foreign currency forwards | Fair value | | 95.6 | | — | | — | | 0.3 | — |
Table 34 after “The following table summarizes the notional amounts, fair values and classification of the Company’s outstanding derivatives by risk categor”
| December 31, 2025 | | | | | | | | | | |
| Derivative Classification | | Notional Amount(1) | | Fair Value(1) Other Current Assets | Fair Value(1) Other Assets | Fair Value(1) Accrued Liabilities | | Fair Value(1) Other Liabilities | | |
| Derivatives Designated as Hedging Instruments | | | | | | | | | | |
| Interest rate swap contracts | Fair Value | | $1,000.0 | | $4.5 | | $15.3 | | $— | $— |
| Cross-currency interest rate swap contracts | Net investment | | 1,332.7 | | 10.7 | | — | | — | 130.5 |
| Derivatives Not Designated as Hedging Instruments | | | | | | | | | | |
| Foreign currency forwards | Fair Value | | $15.3 | | $— | | $— | | $— | $— |
| Foreign currency forwards | Fair Value | | 171.6 | | — | | — | | 0.9 | — |
Table 35 after “million of the 2034 Notes, and were considered to be perfectly effective under the shortcut method.”
| June 30, 2026 | December 31, 2025 | |
| Long-term debt: | | | |
| Carrying amount of hedged debt | $1,000.1 | | $1,019.8 |
| Cumulative hedging adjustments, included in carrying amount | 0.1 | | 19.8 |
Table 36 after “Gains on derivatives designated as cash flow hedges included in the Condensed Consolidated Statements of Comprehensive Income (Loss) for the”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Gain (loss) reclassified from AOCI into income (effective portion)(1) | — | | 3.0 | | (0.1) | 6.0 |
Table 37 after “Gains (losses) on derivatives designated as net investment hedges included in the Condensed Consolidated Statements of Comprehensive Income ”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Gain (loss) recognized in OCI on derivatives | $5.2 | | $(119.8) | | $37.4 | $(155.4) |
| Gain reclassified from AOCI into income (effective portion)(1) | 4.9 | | 3.9 | | 9.3 | 8.9 |
Table 38 after “The Company’s gains (losses) on derivative instruments not designated as accounting hedges and total net foreign currency losses for the thr”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Foreign currency forward contracts gains (losses) | $(3.5) | | $3.6 | | $(8.9) | $6.8 |
| Total foreign currency transaction losses, net | (2.7) | | (6.0) | | (4.9) | (12.8) |
Table 39 after “The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 202”
| June 30, 2026 | | | | | |
| Level 1 | Level 2 | | Level 3 | Total | |
| Financial Assets | | | | | | |
| Trading securities held in deferred compensation plan(1) | $26.9 | | $— | | $— | $26.9 |
| Interest rate swaps(2) | — | | 2.7 | | — | 2.7 |
| Cross-currency interest rate swaps(3) | — | | 7.8 | | — | 7.8 |
| Foreign currency forwards(4) | — | | 0.9 | | — | 0.9 |
| Total | $26.9 | | $11.4 | | $— | $38.3 |
First 8 of 15 rows. The download has all of them.
Table 40 after “The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 202”
| December 31, 2025 | | | | | |
| Level 1 | Level 2 | | Level 3 | Total | |
| Financial Assets | | | | | | |
| Trading securities held in deferred compensation plan(1) | $24.4 | | $— | | $— | $24.4 |
| Interest rate swaps(2) | — | | 19.8 | | — | 19.8 |
| Cross-currency interest rate swaps(3) | — | | 10.7 | | — | 10.7 |
| Foreign currency forwards(4) | — | | — | | — | — |
| Total | $24.4 | | $30.5 | | $— | $54.9 |
First 8 of 14 rows. The download has all of them.
Table 41 after “The following table provides a reconciliation of the activity for contingent consideration for the three and six month periods ended June 30”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Balance at beginning of the period | $45.1 | | $32.8 | | $44.0 | $22.2 |
| Acquisitions | — | | 6.1 | | 0.1 | 15.8 |
| Changes in fair value | (12.3) | | 0.3 | | (11.0) | 0.3 |
| Payments | (1.5) | | — | | (1.5) | — |
| Foreign currency translation | 0.1 | | 0.6 | | (0.2) | 1.5 |
| Balance at end of the period | $31.4 | | $39.8 | | $31.4 | $39.8 |
Table 42 after “The following tables provide disaggregated revenue by reportable segment for the three and six month periods ended June 30, 2026 and 2025.”
| Industrial Technologies and Services | Precision and Science Technologies | | | | Total | | | | | |
| Three Month Period Ended June 30, | | | | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | | | 2026 | 2025 | | |
| Primary Geographic Markets | | | | | | | | | | | |
| United States | $616.1 | | $617.7 | | $193.4 | | $180.7 | | | $809.5 | $798.4 |
| Other Americas | 134.8 | | 123.4 | | 35.4 | | 33.2 | | | 170.2 | 156.6 |
| Total Americas | 750.9 | | 741.1 | | 228.8 | | 213.9 | | | 979.7 | 955.0 |
| EMEIA | 522.1 | | 468.3 | | 152.2 | | 142.7 | | | 674.3 | 611.0 |
First 8 of 20 rows. The download has all of them.
Table 43 after “The following tables provide disaggregated revenue by reportable segment for the three and six month periods ended June 30, 2026 and 2025.”
| Industrial Technologies and Services | Precision and Science Technologies | | | | Total | | | | | |
| Six Month Period Ended June 30, | | | | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | | | 2026 | 2025 | | |
| Primary Geographic Markets | | | | | | | | | | | |
| United States | $1,188.1 | | $1,202.8 | | $374.5 | | $349.6 | | | $1,562.6 | $1,552.4 |
| Other Americas | 247.9 | | 242.5 | | 63.9 | | 55.9 | | | 311.8 | 298.4 |
| Total Americas | 1,436.0 | | 1,445.3 | | 438.4 | | 405.5 | | | 1,874.4 | 1,850.8 |
| EMEIA | 1,025.3 | | 899.3 | | 307.6 | | 279.1 | | | 1,332.9 | 1,178.4 |
First 8 of 20 rows. The download has all of them.
Table 44 after “The following table provides the contract balances as of June 30, 2026 and December 31, 2025 presented in the Condensed Consolidated Balance”
| June 30, 2026 | December 31, 2025 | |
| Accounts receivable, net | $1,514.8 | | $1,518.0 |
| Contract assets | 161.7 | | 163.9 |
| Contract liabilities - current | 332.0 | | 347.2 |
| Contract liabilities - noncurrent | 1.4 | | 1.1 |
Table 45 after “The following table summarizes the Company’s provision for income taxes and effective income tax provision rate for the three and six month ”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Income before income taxes | $327.1 | | $28.1 | | $557.0 | $281.2 |
| Provision for income taxes | $69.1 | | $21.0 | | $105.2 | $79.5 |
| Effective income tax provision rate | 21.1% | | 74.7% | | 18.9% | 28.3% |
Table 46 after “The components of “Other operating expense (income), net” for the three and six month periods ended June 30, 2026 and 2025 were as follows.”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Foreign currency transaction losses, net | $2.7 | | $6.0 | | $4.9 | $12.8 |
| Restructuring charges, net(1) | 3.2 | | 3.2 | | 11.9 | 8.5 |
| Acquisition and other transaction related expenses, net (3) | (2.7) | | 11.8 | | 10.9 | 21.6 |
| Recovery of acquisition related losses, net(3) | (25.0) | | — | | (25.0) | — |
| Other, net | 0.7 | | (1.1) | | 0.7 | (1.3) |
| Total other operating expense (income), net | $(21.1) | | $19.9 | | $3.4 | $41.6 |
Table 47 after “The following table provides summarized information about the Company’s operations by reportable segment and reconciles Segment Adjusted EBI”
| Industrial Technologies and Services | Precision and Science Technologies | | | | Total | | | | | |
| Three Month Period Ended June 30, | | | | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | | | 2026 | 2025 | | |
| Revenue | $1,622.1 | | $1,491.6 | | $426.7 | | $396.3 | | | $2,048.8 | $1,887.9 |
| Segment cost of sales(1) | 931.8 | | 824.9 | | 217.0 | | 202.4 | | | 1,148.8 | 1,027.3 |
| Segment selling and administrative expenses(2) | 257.3 | | 241.6 | | 75.4 | | 77.2 | | | 332.7 | 318.8 |
| Other segment items(3) | (1.5) | | (2.1) | | (0.2) | | (0.1) | | | (1.7) | (2.2) |
| Segment Adjusted EBITDA | $434.5 | | $427.2 | | $134.5 | | $116.8 | | | $569.0 | $544.0 |
Table 48 after “Other miscellaneous segment expenses (income).”
| Industrial Technologies and Services | Precision and Science Technologies | | | | Total | | | | | |
| Six Month Period Ended June 30, | | | | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | | | 2026 | 2025 | | |
| Revenue | $3,066.6 | | $2,843.7 | | $829.4 | | $761.0 | | | $3,896.0 | $3,604.7 |
| Segment cost of sales(1) | 1,746.2 | | 1,554.8 | | 423.0 | | 391.0 | | | 2,169.2 | 1,945.8 |
| Segment selling and administrative expenses(2) | 501.5 | | 473.3 | | 150.1 | | 147.1 | | | 651.6 | 620.4 |
| Other segment items(3) | (1.1) | | (0.7) | | (0.1) | | (0.1) | | | (1.2) | (0.8) |
| Segment Adjusted EBITDA | $820.0 | | $816.3 | | $256.4 | | $223.0 | | | $1,076.4 | $1,039.3 |
Table 49 after “Table of Contents”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Total Segment Adjusted EBITDA | $569.0 | | $544.0 | | $1,076.4 | $1,039.3 |
| Less items to reconcile Segment Adjusted EBITDA to Income Before Income Taxes: | | | | | | |
| Corporate expenses not allocated to segments | 49.1 | | 34.6 | | $87.4 | $70.2 |
| Interest expense | 63.3 | | 62.7 | | 127.1 | 123.9 |
| Depreciation and amortization expense (a) | 131.9 | | 119.2 | | 267.7 | 238.1 |
| Impairment of goodwill and other intangible assets | — | | 265.8 | | — | 265.8 |
First 8 of 21 rows. The download has all of them.
Table 50 after “Restructuring and related business transformation costs consist of the following.”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Restructuring charges | $3.2 | | $3.2 | | $11.9 | $8.5 |
| Facility reorganization, relocation and other costs | — | | 0.2 | | — | 0.3 |
| Total restructuring and related business transformation costs | $3.2 | | $3.4 | | $11.9 | $8.8 |
Table 51 after “Depreciation and Amortization Expense”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Industrial Technologies and Services | $66.3 | | $68.5 | | $137.5 | $136.1 |
| Precision and Science Technologies | 65.3 | | 50.9 | | 129.9 | 102.1 |
| Corporate and other | 1.2 | | 1.1 | | 2.3 | 2.3 |
| Total depreciation and amortization expense | $132.8 | | $120.5 | | $269.7 | $240.5 |
Table 52 after “Capital Expenditures”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Industrial Technologies and Services | $16.7 | | $17.1 | | $46.5 | $43.5 |
| Precision and Science Technologies | 6.6 | | 14.6 | | 12.8 | 21.5 |
| Corporate and other | 3.7 | | 3.6 | | 4.0 | 4.0 |
| Total capital expenditures | $27.0 | | $35.3 | | $63.3 | $69.0 |
Table 53 after “Identifiable Assets”
| June 30, 2026 | December 31, 2025 | |
| Industrial Technologies and Services | $11,294.6 | | $11,266.4 |
| Precision and Science Technologies | 5,673.0 | | 5,656.4 |
| Corporate and other | 1,226.5 | | 1,374.4 |
| Total identifiable assets | $18,194.1 | | $18,297.2 |
Table 54 after “The number of weighted-average shares outstanding used in the computations of basic and diluted earnings (loss) per share are as follows.”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Weighted-average shares outstanding - Basic | 389.9 | | 400.5 | | 389.3 | 401.8 |
| Dilutive effect of outstanding share-based compensation awards | 2.0 | | — | | 2.4 | 3.1 |
| Weighted-average shares outstanding - Diluted | 391.9 | | 400.5 | | 391.7 | 404.9 |
Table 55 after “discussions concerning certain components of our Condensed Consolidated Statements of Operations. All intercompany accounts and transactions”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| (In millions, except percentages) | 2026 | 2025 | | 2026 | 2025 | |
| Condensed Consolidated Statement of Operations: | | | | | | |
| Revenues | $2,048.8 | | $1,887.9 | | $3,896.0 | $3,604.7 |
| Cost of sales | 1,186.2 | | 1,063.0 | | 2,241.0 | 2,014.3 |
| Gross profit | 862.6 | | 824.9 | | 1,655.0 | 1,590.4 |
| Selling and administrative expenses | 400.8 | | 371.2 | | 771.5 | 721.2 |
| Amortization of intangible assets | 102.6 | | 91.6 | | 210.1 | 182.9 |
First 8 of 33 rows. The download has all of them.
Table 56 after “Set forth below are the reconciliations of Net Income (Loss) to Adjusted EBITDA and Adjusted Net Income and Cash Flows from Operating Activi”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| (In millions) | 2026 | 2025 | | 2026 | 2025 | |
| Net Income (Loss) | $258.0 | | $(113.8) | | $451.8 | $74.6 |
| Plus: | | | | | | |
| Interest expense | 63.3 | | 62.7 | | 127.1 | 123.9 |
| Provision for income taxes | 69.1 | | 21.0 | | 105.2 | 79.5 |
| Depreciation expense (a) | 29.3 | | 27.6 | | 57.6 | 55.2 |
| Amortization expense (b) | 102.6 | | 91.6 | | 210.1 | 182.9 |
First 8 of 32 rows. The download has all of them.
Table 57 after “Restructuring and related business transformation costs consisted of the following.”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| (In millions) | 2026 | 2025 | | 2026 | 2025 | |
| Restructuring charges | $3.2 | | $3.2 | | $11.9 | $8.5 |
| Facility reorganization, relocation and other costs | — | | 0.2 | | — | 0.3 |
| Total restructuring and related business transformation costs | $3.2 | | $3.4 | | $11.9 | $8.8 |
Table 58 after “The income tax provision, as adjusted for each of the periods presented below consisted of the following.”
| For the Three Month Period Ended June 30, | For the Six Month Period Ended June 30, | | | | |
| (In millions) | 2026 | 2025 | | 2026 | 2025 | |
| Provision for income taxes | $69.1 | | $21.0 | | $105.2 | $79.5 |
| Tax impact of pre-tax income adjustments | 25.0 | | 28.2 | | 55.9 | 54.9 |
| Discrete tax items | (2.8) | | 51.1 | | 5.4 | 51.6 |
| Income tax provision, as adjusted | $91.3 | | $100.3 | | $166.5 | $186.0 |
Table 59 after “Industrial Technologies and Services Segment Results”
| For the Three Month Period Ended June 30, | Percent Change | | | | |
| (In millions, except percentages) | 2026 | 2025 | | 2026 vs. 2025 | | |
| Segment Orders | $1,620.7 | | $1,560.9 | | 3.8% | |
| Segment Revenues | $1,622.1 | | $1,491.6 | | 8.7% | |
| Segment Adjusted EBITDA | $434.5 | | $427.2 | | 1.7% | |
| Segment Margin | 26.8% | | 28.6% | | (180) | bps |
Table 60 after “Segment Adjusted EBITDA for the three month period ended June 30, 2026 was $434.5 million, an increase of $7.3 million, or 1.7%, from $427.2”
| For the Six Month Period Ended June 30, | Percent Change | | | | |
| 2026 | 2025 | | 2026 vs. 2025 | | |
| Segment Orders | $3,178.6 | | $3,047.9 | | 4.3% | |
| Segment Revenues | $3,066.6 | | $2,843.7 | | 7.8% | |
| Segment Adjusted EBITDA | $820.0 | | $816.3 | | 0.5% | |
| Segment Margin | 26.7% | | 28.7% | | (200) | bps |
Table 61 after “Precision and Science Technologies Segment Results”
| For the Three Month Period Ended June 30, | Percent Change | | | | |
| (In millions, except percentages) | 2026 | 2025 | | 2026 vs. 2025 | | |
| Segment Orders | $422.2 | | $378.7 | | 11.5% | |
| Segment Revenues | $426.7 | | $396.3 | | 7.7% | |
| Segment Adjusted EBITDA | $134.5 | | $116.8 | | 15.2% | |
| Segment Margin | 31.5% | | 29.5% | | 200 | bps |
Table 62 after “Segment Adjusted EBITDA for the three month period ended June 30, 2026 was $134.5 million, an increase of $17.7 million, or 15.2%, from $116”
| For the Six Month Period Ended June 30, | Percent Change | | | | |
| 2026 | 2025 | | 2026 vs. 2025 | | |
| Segment Orders | $842.3 | | $774.0 | | 8.8% | |
| Segment Revenues | $829.4 | | $761.0 | | 9.0% | |
| Segment Adjusted EBITDA | $256.4 | | $223.0 | | 15.0% | |
| Segment Margin | 30.9% | | 29.3% | | 160 | bps |
Table 63 after “A substantial portion of our liquidity needs arise from debt service requirements, and from the ongoing cost of operations, working capital ”
| (In millions) | June 30, 2026 | December 31, 2025 | |
| Cash and cash equivalents | $1,173.5 | | $1,248.8 |
| Short-term borrowings and current maturities of long-term debt | $699.8 | | $1.4 |
| Long-term debt | 4,068.7 | | 4,783.3 |
| Total debt | $4,768.5 | | $4,784.7 |
Table 64 after “Working Capital”
| (In millions) | June 30, 2026 | December 31, 2025 | |
| Net Working Capital: | | | |
| Current assets | $4,289.1 | | $4,248.0 |
| Less: Current liabilities | 2,654.4 | | 2,066.3 |
| Net working capital | $1,634.7 | | $2,181.7 |
| Operating Working Capital: | | | |
| Accounts receivable | $1,514.8 | | $1,518.0 |
| Plus: Inventories (excluding LIFO reserve) | 1,341.6 | | 1,269.9 |
First 8 of 12 rows. The download has all of them.
Table 65 after “The following table reflects the major categories of cash flows for the six month periods ended June 30, 2026 and 2025, respectively.”
| For the Six Month Period Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Cash flows provided by operating activities (2) | $495.6 | | $502.1 |
| Cash flows used in investing activities | (220.3) | | (279.4) |
| Cash flows used in financing activities | (344.1) | | (523.1) |
| Free cash flow (1)(2) | 432.3 | | 433.1 |
Table 66 after “The following table contains detail related to the repurchase of our common stock based on the date of trade during the three month period e”
| 2026 Second Quarter Months | Total Number of Shares Purchased(1) | Average Price Paid Per Share(2) | | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs(3) | | Maximum Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs(3) | |
| April 1, 2026 - April 30, 2026 | — | | $— | | | — | $902,587,463 |
| May 1, 2026 - May 31, 2026 | 3,374,528 | | $71.13 | | | 3,374,528 | $662,625,105 |
| June 1, 2026 - June 30, 2026 | — | | $— | | | — | $662,625,105 |
| Total | 3,374,528 | | | | 3,374,528 | | |
Table 67 after “The agreements and other documents filed as exhibits to this report are not intended to provide factual information or other disclosures oth”
| Exhibit No. | Description |
| 3.1 | Restated Certificate of Incorporation of Ingersoll Rand Inc. (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K filed on June 21, 2021). |
| 3.2 | Third Amended and Restated Bylaws of Ingersoll Rand Inc. (incorporated by reference to Exhibit 3.2 to the Registrant’s Quarterly Report on Form 10-Q filed on November 3, 2023). |
| 10.1 | Ingersoll Rand Inc. 2026 Omnibus Incentive Plan (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on June 16, 2026). |
| 31.1 | Certification of Periodic Report by Chief Executive Officer under Section 302 of the Sarbanes-Oxley Act of 2002. |
| 31.2 | Certification of Periodic Report by Chief Financial Officer under Section 302 of the Sarbanes-Oxley Act of 2002. |
| 32.1 | Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| 32.2 | Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
First 8 of 15 rows. The download has all of them.