Ingersoll Rand (IR) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Ingersoll Rand published the results on October 29, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Ingersoll Rand reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• GAAP net income includes a net $380.1 million gain from insurance and other settlements over breaches of representations and warranties in the ILC Dover acquisition. Adjusted EPS excludes it.
• Q3 2026 results include $32.3 million of refunds of IEEPA tariffs, recorded in cost of sales. Ingersoll Rand's adjusted EPS excluding those refunds was $1.01.

Source: Ingersoll Rand Q3 2026 results, October 29, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Ingersoll Rand splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Ingersoll Rand's Industrial Technologies and Services revenue was $1.6 billion in Q3 2026, up 5% from $1.5 billion in Q3 2025, 78% of total revenue.
• Ingersoll Rand's Precision and Science Technologies revenue was $445 million in Q3 2026, up 7% from $415 million in Q3 2025, 22% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Ingersoll Rand gives its numeric ranges in a table in the release: revenue growth of 5.5% to 7.0%, Adjusted EBITDA of $2,130 million to $2,190 million and adjusted EPS of $3.58 to $3.70, both excluding Q3 IEEPA tariff refunds.

In its Q3 2026 release, Ingersoll Rand said:

“Ingersoll Rand is updating its full-year 2026 guidance.”

“Expect to deliver 100%+ FCF conversion including the impact of ILC Dover transaction-related recoveries; excluding these recoveries, expected FCF conversion remains unchanged at ~95%”

Source: Ingersoll Rand Q3 2026 earnings release, Oct 29, 2026.

This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the IR forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Ingersoll Rand's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 29, 2026

Ingersoll Rand's revenue rose 5.6% to $2,064.9 million in Q3 2026, from $1,955.0 million. Organic growth was 3.9%, acquisitions added 1.4% and currency 0.3%. Industrial Technologies and Services, which sells compressor, vacuum, blower and air treatment equipment plus power tools and lifting equipment, brought in $1,620.0 million. Precision and Science Technologies, which makes precision liquid, gas, air and powder handling technology for life sciences, industrial and aerospace and defense uses, brought in $444.9 million. (Ingersoll Rand Q3 2026 earnings release, Oct 29, 2026)

Orders grew faster than revenue: $2,345.1 million, up 20.7%, or 18.2% organic. Industrial Technologies and Services orders were $1,897.5 million, up 24.7%, a book-to-bill of 1.17x, helped by long-cycle projects including a roughly $195 million engineered-to-order solution for large-scale infrastructure. Precision and Science Technologies orders rose 6.5% to $447.6 million, and Ingersoll Rand said Life Sciences orders and revenue were up low double digits. (Ingersoll Rand Q3 2026 earnings release, Oct 29, 2026)

Original equipment made up $1,323.1 million of revenue and aftermarket sales of spare parts, accessories and services for installed equipment $741.8 million. Most of the aftermarket business sits in Industrial Technologies and Services, at $654.3 million. Service revenue is less than 10% of consolidated revenue. (Ingersoll Rand Form 10-Q, Q3 2026, Oct 30, 2026)

By destination, the United States accounted for $849.2 million of revenue, the rest of the Americas $177.3 million, EMEIA $691.1 million, China $233.5 million and other Asia Pacific $113.8 million. China revenue rose from $200.8 million a year earlier. (Ingersoll Rand Form 10-Q, Q3 2026, Oct 30, 2026)

Ingersoll Rand's GAAP diluted EPS of $1.73 in Q3 2026 was well above its adjusted EPS of $1.07 because GAAP results include a net $380.1 million recovery from settlements with insurance carriers and other third parties over breaches of representations and warranties in the ILC Dover acquisition. Adjusted EPS excludes that recovery, along with $105.2 million of acquisition-related amortization, $16.1 million of stock-based compensation and $6.7 million of restructuring costs. (Ingersoll Rand Q3 2026 earnings release, Oct 29, 2026; Ingersoll Rand Form 10-Q, Q3 2026, Oct 30, 2026)

Both measures include $32.3 million of IEEPA tariff refunds, booked in cost of sales after the U.S. Supreme Court ruled in February 2026 that those tariffs were unauthorized. Excluding the refunds, adjusted EPS was $1.01, up 17%, and Adjusted EBITDA $552 million, up 1%, with a 26.7% margin. Industrial Technologies and Services segment margin excluding the refunds fell 120 basis points to 27.8%, which Ingersoll Rand attributed mainly to continued inflationary pressures. (Ingersoll Rand Q3 2026 earnings release, Oct 29, 2026; Ingersoll Rand Form 10-Q, Q3 2026, Oct 30, 2026)

Diluted shares fell to 388.1 million from 399.0 million. Ingersoll Rand bought back $350 million of stock in the quarter, paid $8 million of dividends and spent $90 million on acquisitions including Lone Star Blower. The board added $2 billion to the repurchase authorization, on top of $313 million remaining. (Ingersoll Rand Q3 2026 earnings release, Oct 29, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Ingersoll Rand updated its full-year 2026 guidance to revenue growth of 5.5% to 7.0%, made up of about 1% from currency, about 2.5% from acquisitions and 2% to 3.5% organic. It guided Adjusted EBITDA of $2,130 million to $2,190 million and adjusted EPS of $3.58 to $3.70, both excluding the Q3 IEEPA tariff refunds, assuming net interest expense of about $230 million, an adjusted tax rate of about 20% and about 390.5 million shares. (Ingersoll Rand Q3 2026 earnings release, Oct 29, 2026)

Ingersoll Rand expects free cash flow conversion of more than 100% of adjusted net income including the ILC Dover recoveries, and about 95% without them. Of the roughly $425.1 million of gross recoveries, it had collected $187.5 million by September 30 and expects the rest in the fourth quarter. (Ingersoll Rand Q3 2026 earnings release, Oct 29, 2026; Ingersoll Rand Form 10-Q, Q3 2026, Oct 30, 2026)

A consensus figure is the average of the models published by the analysts who cover Ingersoll Rand, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Ingersoll Rand's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning IR is on is IR a buy or a sell?, what analysts expect next is on the IR forecast, and what the company does is on the Ingersoll Rand (IR) stock page.

Every number on this page can be traced to a document Ingersoll Rand published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.