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Ingersoll Rand Reports Q2 Revenue of $2.05B
Reports Q2 revenue $2.05B, consensus $1.96B. "Our second quarter results reflect strong organic growth and solid Adjusted EPS1 performance, driven by the strength of our portfolio and the consistent execution by our teams," said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. "Order momentum continues to build, reinforcing our confidence in delivering on our full-year commitments as we remain focused on staying agile, and driving durable, long-term growth."
Ingersoll Rand Acquires Fai Filtri s.r.l. High-Performance Industrial Filter Manufacturer
Ingersoll Rand announced the signing of the acquisition of Fai Filtri s.r.l., a manufacturer of high-performance industrial filters. The transaction is expected to close in Q4 20263. Additionally, the company expects to close on the acquisition of a U.S.-based blower manufacturer on July 31, 2026.
FY26 Revenue Growth Expected at 4.5%-6.5%
Consensus is $3.50. Sees FY26 revenue growth 4.5%-6.5%, adjusted EBITDA $2.13B-$2.19B.
Ingersoll Rand and Garrett Motion Form Strategic Partnership
Ingersoll Rand (IR) and Garrett Motion (GTX) announced a multiyear strategic partnership to develop next generation oil-free air technologies designed to deliver greater energy efficiency, performance, and reliability for customers across key end markets, including food and beverage and life sciences. The partnership builds on Ingersoll Rand's in compression technology combined with Garrett's oil-free centrifugal compressor modules. Together, the global organizations will focus on oil-free innovation. Initial products are expected to be introduced to select Ingersoll Rand customers in 2026, with a broader commercial rollout beginning in 2027 across Ingersoll Rand's global sales regions.
Ingersoll Rand Partners with Garrett Motion for Strategic Collaboration
Ingersoll Rand (IR) and Garrett Motion (GTX) announced a multiyear strategic partnership to develop next generation oil-free air technologies designed to deliver greater energy efficiency, performance, and reliability for customers across key end markets, including food and beverage and life sciences. "This collaboration reflects our continued focus on delivering differentiated solutions that create superior value for our customers," said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. "By working closely with Garrett Motion, we are strengthening our ability to innovate at the system level and address markets where performance, purity, and efficiency are non-negotiables, helping customers operate more efficiently and sustainably." Initial products are expected to be introduced to select Ingersoll Rand customers in 2026, with a broader commercial rollout beginning in 2027 across Ingersoll Rand's global sales regions.
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