Company: IR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047838
Chunk: 84

Company: Ingersoll Rand Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 2
Chunk 84
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 on lower organic volumes and tariff related pricing targeted to offset tariff cost increases one for one, partially offset by cost measures.

Selling and Administrative Expenses

Selling and administrative expenses were $361.0 million for the three month period ended September 30, 2025, an increase of $26.7 million, or 8.0%, compared to $334.3 million for the same three month period in 2024. The increase in selling and administrative expenses was primarily due to acquisitions, partially offset by a decrease in incentive compensation. Selling and administrative expenses as a percentage of revenues increased to 18.5% for the three month period ended September 30, 2025 from 18.0% in the same three month period in 2024. The increase in selling and administrative expenses as a percentage of revenues is primarily due to lower organic volumes, partially offset by cost measures.

Selling and administrative expenses were $1,082.2 million for the nine month period ended September 30, 2025, an increase of $69.5 million, or 6.9%, compared to $1,012.7 million for the same nine month period in 2024. The increase in selling and administrative expenses was primarily due to acquisitions, partially offset by a decrease in incentive compensation. Selling and administrative expenses as a percentage of revenues increased to 19.5% for the nine month period ended September 30, 2025 from 19.0% in the same nine month period in 2024. The increase in selling and administrative expenses as a percentage of revenues is primarily due to lower organic volumes, partially offset by cost measures.

Amortization of Intangible Assets

Amortization of intangible assets was $94.9 million for the three month period ended September 30, 2025, a decrease of $0.1 million, compared to $95.0 million in the same three month period in 2024. The decrease was primarily due to certain intangible assets becoming fully amortized, offset by businesses acquired in 2024 and first nine months of 2025 discussed in Note 2 “Acquisitions” to our unaudited condensed consolidated financial statements included elsewhere in this Form 10-Q.

Amortization of intangible assets was $277.8 million for the nine month periods ended September 30, 2025 and 2024. Amortization of intangible assets in the 2025 period increased due to businesses acquired in 202