Company: IR
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001628280-25-037049
Chunk: 13

Company: Ingersoll Rand Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 2
Chunk 13
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 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 30,2025202420252024Provision for income taxes$21.0 $46.1 $79.5 $100.5 Tax impact of pre-tax income adjustments28.2 38.0 54.9 67.3 Discrete tax items51.1 8.2 51.6 10.9 Income tax provision, as adjusted$100.3 $92.3 $186.0 $178.7 

Segment Results

We classify our business into two segments: Industrial Technologies and Services and Precision and Science Technologies. Our Corporate operations are not discussed separately as any results that had a significant impact on operating results are included in the “Results of Operations” discussion above.

We evaluate the performance of our segments based on Segment Revenues and Segment Adjusted EBITDA. Segment Adjusted EBITDA is indicative of operational performance and ongoing profitability. Our management closely monitors Segment Adjusted EBITDA to evaluate past performance and identify actions required to improve profitability.

The segment measurements provided to and evaluated by the chief operating decision maker are described in Note 19 “Segment Reporting” to our unaudited condensed consolidated financial statements included elsewhere in this Form 10-Q.

Segment Results for the Three and Six Month Periods Ended June 30, 2025 and 2024

The following tables display Segment Orders, Segment Revenues, Segment Adjusted EBITDA and Segment Adjusted EBITDA Margin (Segment Adjusted EBITDA as a percentage of Segment Revenues) for each of our Segments.

Industrial Technologies and Services Segment Results

For the Three Month Period Ended June 30,Percent Change202520242025 vs. 2024Segment Orders$1,560.9 $1,465.4 6.5 %Segment Revenues$1,491.6 $1,466.5 1.7 %Segment Adjusted EBITDA$427.2 $436.2 (2.1)%Segment Margin28.6 %29.7 %(110) bps

Segment Orders for the three month period ended June 30, 2025 were $1,560.9 million, an increase of $95.5 million, or 6.5%, compared to $1,465.4 million in