Ingersoll-Rand Inc (IR) financial statements: income statement, balance sheet and cash flow
Ingersoll-Rand Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Ingersoll-Rand Inc reported revenue of $7.7B (+5.7% year on year) and net income of $588.8M (-30.4% year on year).
Income statement
Ingersoll-Rand Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenues
$7.7B
$7.2B
$6.9B
$5.9B
Cost of sales
$4.3B
$4.1B
$4.0B
$3.6B
Gross Profit
$3.3B
$3.2B
$2.9B
$2.3B
Selling and administrative expenses
$1.4B
$1.3B
$1.3B
$1.1B
Amortization of intangible assets
$387.5M
$373.0M
$367.5M
$347.6M
Impairment of goodwill
$229.7M
—
—
—
Impairment of other intangible assets
$43.7M
$13.9M
—
$0
Other operating expense, net
$91.5M
$138.6M
$77.7M
$64.9M
Operating Income
$1.1B
$1.3B
$1.2B
$817.3M
Interest expense
$253.9M
$213.2M
$156.7M
$103.2M
Loss on extinguishment of debt
$0
$3.0M
$13.5M
$1.1M
Other income, net
($44.6M)
($48.9M)
($37.0M)
($29.2M)
Income Before Income Taxes
$935.3M
$1.1B
$1.0B
$742.2M
Provision for income taxes
$219.4M
$262.5M
$240.0M
$149.6M
Loss on equity method investments
($127.1M)
($24.0M)
($6.0M)
$700.0K
Net Income
$588.8M
$846.3M
$785.1M
$608.5M
Less: Net income attributable to noncontrolling interests
$7.4M
$7.7M
$6.4M
$3.8M
Net Income Attributable to Ingersoll Rand Inc.
$581.4M
$838.6M
$778.7M
$604.7M
Basic earnings per share (in USD per share)
$1.46
$2.08
$1.92
$1.49
Diluted earnings per share (in USD per share)
$1.45
$2.06
$1.90
$1.47
Ingersoll-Rand Inc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenues
$2.0B
$1.8B
$2.0B
$1.9B
Cost of sales
$1.2B
$1.1B
$1.1B
$1.1B
Gross Profit
$862.6M
$792.4M
$855.2M
$824.9M
Selling and administrative expenses
$400.8M
$370.7M
$361.0M
$371.2M
Amortization of intangible assets
$102.6M
$107.5M
$94.9M
$91.6M
Impairment of goodwill
$0
—
$0
$229.7M
Impairment of other intangible assets
$0
—
$0
$36.1M
Other operating expense (income), net
($21.1M)
$24.5M
$23.8M
$19.9M
Operating Income
$380.3M
$289.7M
$375.5M
$76.4M
Interest expense
$63.3M
$63.8M
$65.1M
$62.7M
Other income, net
($10.1M)
($4.0M)
($9.0M)
($14.4M)
Income Before Income Taxes
$327.1M
$229.9M
$319.4M
$28.1M
Provision for income taxes
$69.1M
$36.1M
$73.6M
$21.0M
Loss on equity method investments
$0
$0
$0
($120.9M)
Net Income (Loss)
$258.0M
$193.8M
$245.8M
($113.8M)
Less: Net income attributable to noncontrolling interests
$1.2M
$1.7M
$1.7M
$1.5M
Net Income (Loss) Attributable to Ingersoll Rand Inc.
$256.8M
$192.1M
$244.1M
($115.3M)
Basic earnings (loss) per share (in usd per share)
$0.66
$0.49
$0.62
-$0.29
Balance sheet
Ingersoll-Rand Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$1.2B
$1.5B
$1.6B
$1.6B
Accounts receivable, net of allowance for credit losses of $66.8 and $57.3, respectively
$1.5B
$1.3B
$1.2B
$1.1B
Inventories
$1.2B
$1.1B
$1.0B
$1.0B
Other current assets
$308.3M
$231.9M
$219.6M
$206.9M
Total current assets
$4.2B
$4.2B
$4.1B
$4.0B
Property, plant and equipment, net of accumulated depreciation of $689.6 and $567.5, respectively
$930.3M
$842.1M
$711.4M
$624.4M
Goodwill
$8.5B
$8.1B
$6.6B
$6.1B
Other intangible assets, net
$4.2B
$4.4B
$3.6B
$3.6B
Deferred tax assets
$38.7M
$26.1M
$31.5M
$22.3M
Other assets
$355.8M
$457.2M
$549.4M
$509.1M
Total assets
$18.3B
$18.0B
$15.6B
$14.8B
Short-term borrowings and current maturities of long-term debt
$1.4M
$3.1M
$30.6M
$36.5M
Accounts payable
$996.1M
$843.6M
$801.2M
$778.7M
Accrued liabilities
$1.1B
$972.2M
$995.5M
$858.8M
Total current liabilities
$2.1B
$1.8B
$1.8B
$1.7B
Long-term debt, less current maturities
$4.8B
$4.8B
$2.7B
$2.7B
Pensions and other postretirement benefits
$134.2M
$139.3M
$150.0M
$147.2M
Deferred income tax liabilities
$696.9M
$757.6M
$612.6M
$610.6M
Other liabilities
$462.5M
$294.3M
$433.9M
$360.8M
Total liabilities
$8.1B
$7.8B
$5.7B
$5.5B
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 431,753,302 and 430,745,964 shares issued as of December 31, 2025 and 2024, respectively
4.3M
4.3M
4.3M
4.3M
Capital in excess of par value
$9.7B
$9.6B
$9.6B
$9.5B
Retained earnings
$3.1B
$2.5B
$1.7B
$950.9M
Accumulated other comprehensive loss
($148.3M)
($468.5M)
($227.6M)
($251.7M)
Treasury stock at cost; 40,631,613 and 27,865,885 shares as of December 31, 2025 and 2024, respectively
-2.5B
-1.5B
-1.2B
-984.5M
Total Ingersoll Rand Inc. stockholders’ equity
$10.1B
$10.2B
$9.8B
$9.2B
Noncontrolling interests
$64.2M
$66.3M
$62.9M
$61.4M
Total equity
$10.2B
$10.2B
$9.8B
$9.3B
Total liabilities and equity
$18.3B
$18.0B
$15.6B
$14.8B
Ingersoll-Rand Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$1.2B
$1.3B
$1.2B
$1.3B
Accounts receivable, net of allowance for credit losses of $65.0 and $66.8, respectively
$1.5B
$1.5B
$1.4B
$1.4B
Inventories
$1.2B
$1.2B
$1.3B
$1.2B
Other current assets
$367.8M
$324.0M
$300.3M
$284.3M
Total current assets
$4.3B
$4.3B
$4.2B
$4.2B
Property, plant and equipment, net of accumulated depreciation of $743.0 and $689.6, respectively
$907.1M
$920.0M
$906.6M
$879.4M
Goodwill
$8.5B
$8.5B
$8.4B
$8.3B
Other intangible assets, net
$4.1B
$4.1B
$4.3B
$4.3B
Deferred tax assets
$44.1M
$43.2M
$30.0M
$27.4M
Other assets
$339.6M
$351.2M
$356.0M
$352.7M
Total assets
$18.2B
$18.2B
$18.2B
$18.1B
Short-term borrowings and current maturities of long-term debt
$699.8M
$1.4M
$1.4M
$2.0M
Accounts payable
$911.4M
$847.4M
$831.6M
$832.8M
Accrued liabilities
$1.0B
$1.1B
$1.1B
$997.6M
Total current liabilities
$2.7B
$1.9B
$1.9B
$1.8B
Long-term debt, less current maturities
$4.1B
$4.8B
$4.8B
$4.8B
Pensions and other postretirement benefits
$127.3M
$130.2M
$139.9M
$149.8M
Deferred income tax liabilities
$712.5M
$716.7M
$686.7M
$665.7M
Other liabilities
$388.2M
$427.9M
$461.6M
$472.4M
Total liabilities
$8.0B
$8.0B
$8.0B
$7.9B
Commitments and contingencies (Note 18)
$0
$0
$0
$0
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 432,922,423 and 431,753,302 shares issued as of June 30, 2026 and December 31, 2025, respectively
4.3M
4.3M
4.3M
4.3M
Capital in excess of par value
$9.7B
$9.7B
$9.7B
$9.7B
Retained earnings
$3.5B
$3.2B
$2.8B
$2.6B
Accumulated other comprehensive loss
($213.7M)
($189.7M)
($165.4M)
($140.8M)
Treasury stock at cost; 44,927,534 and 40,631,613 shares as of June 30, 2026 and December 31, 2025, respectively
-2.8B
-2.6B
-2.2B
-2.0B
Total Ingersoll Rand Inc. stockholders’ equity
$10.2B
$10.2B
$10.1B
$10.1B
Noncontrolling interests
$65.7M
$64.7M
$67.2M
$70.1M
Total stockholders’ equity
$10.2B
$10.2B
$10.2B
$10.2B
Total liabilities and stockholders’ equity
$18.2B
$18.2B
$18.2B
$18.1B
Cash flow statement
Ingersoll-Rand Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net Income
$588.8M
$846.3M
$785.1M
$608.5M
Amortization of intangible assets
$387.5M
$373.0M
$367.5M
$347.6M
Depreciation
$118.3M
$109.0M
$91.6M
$85.2M
Impairment of goodwill and other intangible assets
$273.4M
—
—
—
Non-cash restructuring charges
$0
$1.6M
$2.7M
$6.0M
Stock-based compensation expense
$53.0M
$58.8M
$51.9M
$78.9M
Loss on equity method investments
$127.1M
$24.0M
$6.0M
($700.0K)
Foreign currency transaction losses, net
$18.6M
$3.2M
$5.1M
($5.9M)
Non-cash adjustments to carrying value of LIFO inventories
$17.8M
$6.7M
$12.0M
$36.1M
Loss on extinguishment of debt
$0
$3.0M
$13.5M
$1.1M
Loss on sale of asbestos-related assets and liabilities
$0
$33.7M
—
—
Deferred income taxes
($79.4M)
($33.1M)
($76.9M)
($85.8M)
Other non-cash adjustments
$9.9M
$7.7M
$8.3M
$7.0M
Receivables
($59.1M)
($45.1M)
($48.6M)
($195.2M)
Inventories
($26.1M)
$39.8M
$117.3M
($225.6M)
Accounts payable
$78.7M
$13.3M
($23.9M)
$120.4M
Accrued liabilities
($35.3M)
($34.5M)
$94.8M
$101.2M
Other assets and liabilities, net
($117.5M)
($24.6M)
($29.0M)
$1.8M
Net cash provided by operating activities
$1.4B
—
—
—
Capital expenditures
($135.6M)
($149.1M)
($105.4M)
($94.6M)
Net cash paid in acquisitions
($525.0M)
($3.0B)
($963.0M)
($246.8M)
Disposals of property, plant and equipment
$0
$6.1M
$7.6M
$0
Other investing
$0
($6.0M)
$300.0K
$4.1M
Net cash provided by (used in) investing activities
($660.6M)
—
—
$4.4M
Principal payments on long-term debt
$0
($1.2B)
($1.5B)
($655.6M)
Proceeds from long-term debt
$0
$3.3B
$1.5B
$0
Purchases of treasury stock
($1.0B)
($260.7M)
($263.0M)
($261.1M)
Cash dividends on common stock
($31.8M)
($32.3M)
($32.4M)
($32.4M)
Proceeds from stock option exercises
$15.3M
$32.2M
$30.3M
$19.3M
Payments to settle cross-currency swaps
$0
($19.9M)
$0
($13.4M)
Payments of deferred and contingent acquisition consideration
($8.0M)
($23.4M)
($17.5M)
($4.6M)
Payments of debt issuance costs
$0
($32.3M)
($18.5M)
$0
Other financing
($11.3M)
($10.3M)
($8.8M)
($6.2M)
Net cash provided by (used in) financing activities
($1.1B)
$1.7B
($337.5M)
($954.0M)
Effect of exchange rate changes on cash and cash equivalents
$66.3M
($50.8M)
$3.1M
($70.0M)
Net decrease in cash and cash equivalents
($292.4M)
($54.3M)
($17.5M)
($496.6M)
Cash and cash equivalents, beginning of year
$1.5B
$1.6B
$1.6B
$2.1B
Cash and cash equivalents, end of year
$1.2B
$1.5B
$1.6B
$1.6B
Cash paid for income taxes, net of refunds
$269.3M
$276.7M
$302.0M
$181.5M
Cash paid for interest, net of interest rate derivative settlements
$249.0M
$209.0M
$100.5M
$95.2M
Ingersoll-Rand Inc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$451.8M
$193.8M
$320.4M
$74.6M
Amortization of intangible assets
$210.1M
$107.5M
$277.8M
$182.9M
Depreciation
$59.6M
$29.4M
$87.2M
$57.6M
Impairment of goodwill and other intangible assets
$0
—
$265.8M
$265.8M
Stock-based compensation expense
$33.7M
$15.9M
$45.8M
$30.9M
Loss on equity method investments
$0
$0
$127.1M
$127.1M
Foreign currency transaction losses, net
$4.9M
$2.2M
$15.6M
$12.8M
Non-cash adjustments to carrying value of LIFO inventories
$11.6M
$5.4M
$15.5M
$10.3M
Other non-cash adjustments
$3.1M
$1.0M
$7.2M
$4.8M
Receivables
$5.3M
$59.7M
$23.3M
$38.3M
Inventories
($76.7M)
($74.7M)
($109.6M)
($86.0M)
Accounts payable
($68.3M)
($133.5M)
($69.2M)
($44.2M)
Accrued liabilities
($39.5M)
$16.0M
$3.3M
($50.6M)
Other assets and liabilities, net
($100.0M)
($23.0M)
($153.5M)
($122.2M)
Net cash provided by operating activities
$495.6M
$199.7M
$856.7M
$502.1M
Capital expenditures
($63.3M)
($36.3M)
($98.1M)
($69.0M)
Net cash paid in acquisitions
($162.0M)
($52.0M)
($459.8M)
($210.4M)
Proceeds from disposals of property, plant and equipment
$5.0M
$3.9M
$0
—
Net cash used in investing activities
($220.3M)
($84.4M)
($557.9M)
($279.4M)
Purchases of treasury stock, including excise tax payments
($338.8M)
($89.5M)
($703.3M)
($510.2M)
Cash dividends on common shares
-15.7M
-7.8M
-24.0M
-16.1M
Proceeds from stock option exercises
$17.7M
$15.9M
$12.8M
$9.1M
Payments of deferred and contingent acquisition consideration
($5.8M)
($1.4M)
($6.2M)
($2.8M)
Other financing
($1.5M)
($1.0M)
($5.9M)
($3.1M)
Net cash used in financing activities
($344.1M)
($83.8M)
($726.6M)
($523.1M)
Effect of exchange rate changes on cash and cash equivalents
($6.5M)
($5.9M)
$63.2M
$69.8M
Net decrease in cash and cash equivalents
($75.3M)
$25.6M
($364.6M)
($230.6M)
Cash and cash equivalents, beginning of period
$1.2B
$1.2B
$1.5B
$1.5B
Cash and cash equivalents, end of period
$1.2B
$1.3B
$1.2B
$1.3B
Cash paid for income taxes, net of refunds
$144.1M
$53.7M
$184.8M
$129.2M
Cash paid for interest, net of interest rate derivative settlements