Company: IR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047838
Chunk: 56

Company: Ingersoll Rand Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 56
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 results should be read in conjunction with the segment results section herein and Note 19 “Segment Reporting” to our unaudited condensed consolidated financial statements included elsewhere in this Form 10-Q, which provides more detailed discussions concerning certain components of our Condensed Consolidated Statements of Operations. All intercompany accounts and transactions have been eliminated within the consolidated results. The following table presents selected Condensed Consolidated Results of Operations of our business for the three and nine month periods ended September 30, 2025 and 2024.

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For the Three Month Period Ended September 30,For the Nine Month Period Ended September 30,2025202420252024Condensed Consolidated Statement of Operations:Revenues$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