Company: IR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047838
Chunk: 89

Company: Ingersoll Rand Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 2
Chunk 89
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 and other transaction related expenses and non-cash charges (d)0.4 16.5 22.0 59.5 Stock-based compensation14.9 15.0 45.8 43.6 Foreign currency transaction losses, net2.8 9.9 15.6 9.2 Loss on equity method investments— 4.8 127.1 19.0 Loss on extinguishment of debt— — — 3.0 Adjustments to LIFO inventories5.2 — 15.5 7.2 Cybersecurity incident costs (e)— — (1.3)0.5 Loss on asbestos sale— — — 58.8 Interest income on cash and cash equivalents(5.3)(8.0)(24.5)(35.7)Other adjustments (f)(0.9)0.6 (4.7)1.0 Adjusted EBITDA$544.6 $532.7 $1,513.7 $1,485.8 Minus:Interest expense$65.1 $63.8 $189.0 $151.4 Income tax provision, as adjusted (g)108.4 101.7 294.4 280.4 Depreciation expense28.2 28.2 83.4 77.5 Amortization of non-acquisition related intangible assets2.6 2.3 7.4 6.5 Interest income on cash and cash equivalents(5.3)(8.0)(24.5)(35.7)Adjusted Net Income$345.6 $344.7 $964.0 $1,005.7 Free Cash FlowCash flows from operating activities$354.6 $404.0 $856.7 $870.5 Minus:Capital expenditures29.1 29.7 98.1 113.8 Free Cash Flow$325.5 $374.3 $758.6 $756.7 

(a)Depreciation expense excludes $1.4 million and $1.1 million of depreciation of rental equipment for the three month periods ended September 30, 2025 and 2024, respectively, and excludes $3.8 million and $3.1 million for the nine month periods