Company: IR
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001628280-25-037049
Chunk: 68

Company: Ingersoll Rand Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 68
---
$3,604.7 $3,475.4 Product CategoriesOriginal equipment(1)$1,661.9 $1,724.7 $598.5 $490.2 $2,260.4 $2,214.9 Aftermarket(2)1,181.8 1,115.2 162.5 145.3 1,344.3 1,260.5 Total$2,843.7 $2,839.9 $761.0 $635.5 $3,604.7 $3,475.4 Pattern of Revenue RecognitionRevenue recognized at point in time(3)$2,571.0 $2,578.6 $711.2 $632.5 $3,282.2 $3,211.1 Revenue recognized over time(4)272.7 261.3 49.8 3.0 322.5 264.3 Total$2,843.7 $2,839.9 $761.0 $635.5 $3,604.7 $3,475.4 

(1)Revenues from sales of capital equipment within the Industrial Technologies and Services segment and sales of components to original equipment manufacturers in the Precision and Science Technologies segment.

(2)Revenues from sales of spare parts, accessories, other components and services in support of maintaining customer owned, installed base of the Company’s original equipment. Service revenue represents less than 10% of consolidated revenue.(3)Revenues from short and long duration product and service contracts recognized at a point in time when control is transferred to the customer generally when product delivery has occurred and services have been rendered.(4)Revenues primarily from long duration ETO product contracts, certain multi-year service contracts, and certain contracts for the delivery of a significant volume of substantially similar products recognized over time as contractual performance obligations are completed.Performance ObligationsAs of June 30, 2025, for contracts with an original duration greater than one year, the Company expects to recognize revenue in the future related to unsatisfied (or partially satisfied) performance obligations of $806.9 million in the next twelve months and $812.1 million in periods thereafter. The performance obligations that are unsatisfied (or partially satisfied) are primarily related to orders for goods or services that were placed prior to