Company: IR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047838
Chunk: 0

Company: Ingersoll Rand Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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ITEM 1.    FINANCIAL STATEMENTS

INGERSOLL RAND INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited; in millions, except per share amounts)

For the Three Month Period Ended September 30,For the Nine Month Period Ended September 30,2025202420252024Revenues$1,955.0 $1,861.0 $5,559.7 $5,336.4 Cost of sales1,099.8 1,046.0 3,114.1 2,981.8 Gross Profit855.2 815.0 2,445.6 2,354.6 Selling and administrative expenses361.0 334.3 1,082.2 1,012.7 Amortization of intangible assets94.9 95.0 277.8 277.8 Impairment of goodwill— — 229.7 — Impairment of other intangible assets— — 36.1 — Other operating expense, net23.8 29.4 65.4 142.8 Operating Income375.5 356.3 754.4 921.3 Interest expense65.1 63.8 189.0 151.4 Loss on extinguishment of debt— — — 3.0 Other income, net(9.0)(9.5)(35.2)(40.8)Income Before Income Taxes319.4 302.0 600.6 807.7 Provision for income taxes73.6 73.8 153.1 174.3 Loss on equity method investments— (4.8)(127.1)(19.0)Net Income245.8 223.4 320.4 614.4 Less: Net income attributable to noncontrolling interests1.7 1.8 5.1 5.6 Net Income Attributable to Ingersoll Rand Inc.$244.1 $221.6 $315.3 $608.8 Basic earnings per share0.62 0.55 0.79 1.51 Diluted earnings per share0.61 0.54 0.78 1.49 

The accompanying notes