Ingersoll Rand's third-quarter net income attributable to the company more than doubled to $669.9M, including a $380.1M recovery of acquisition-related losses, net, and IEEPA tariff refunds.

Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 31, 2025 · ~1 min read

Key Changes

• medium

  Revenue rose 5.6% to $2.06B in the third quarter, with organic growth of $76.0 million, acquisitions contributing $28.2 million, and a favorable currency impact of $5.7 million.

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• high

  Operating income surged 108.4% to $782.5M, including a $380.1M recovery of acquisition-related losses, net, from the ILC Dover representations and warranties settlement and IEEPA tariff refunds.

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• high

  The effective tax rate fell to 7.4% from 23.0%, primarily attributable to the release of a valuation allowance related to U.S. foreign tax credit carryforwards and a nontaxable settlement related to representations and warranties matters in the 2026 period.

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