Revenue Growth Driven by Top-Line Expansion
Revenue grew 7.6% YoY to $1.85B in Q1 FY2026, up from $1.72B in the prior-year period, indicating continued demand for IR's industrial products and services despite a challenging macro environment.
Ingersoll Rand Inc. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: IR (Ingersoll Rand) delivered Q1 FY2026 revenue of $1.85B (+7.6% YoY) and net income of $192.1M (+3.0% YoY), but margin compression and a 22.1% decline in operating cash flow signal rising cost pressures.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 7.6% YoY to $1.85B in Q1 FY2026, up from $1.72B in the prior-year period, indicating continued demand for IR's industrial products and services despite a challenging macro environment.
Gross margin declined approximately 1.7 percentage points YoY to 42.9%, as cost of revenue rose 10.9% YoY to $1.05B — outpacing revenue growth of 7.6% — reflecting input cost inflation and/or unfavorable product mix.
Operating income fell 4.2% YoY to $289.7M, with operating margin contracting ~1.9 percentage points to 15.7%, driven by higher SG&A expenses (+5.9% YoY to $370.7M) and elevated cost of revenue.
Revenue
$1.85B
++7.60% YoY
EPS (Basic)
$0.49
++6.52% YoY
Gross Margin
42.9%
-1.69% YoY
Operating Income
$289.7M
-4.23% YoY
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