Companies /Industrials

Ingersoll-Rand Inc

NYSE: IR Specialty Industrial Machinery
$77.05
▼ $1.53 (−1.95%) today
Markets closed · 8:08pm ET

Q2 2025 Earnings

Reported Jul 31, 2025, 4:33pm ET · SEC source
$0.80
Beat +0.40%
EPS · est. $0.80
$1.9B
Beat +2.21%
Revenue · est. $1.8B
−0.3%
Trailing market
IR vs S&P since report
3 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−12%−6%0+6%Jul 31Aug 1report 4:33pm ETearnings−1.5%−11.7%
−12%−6%0+6%Jul 31Aug 1earnings−1.5%−11.7%
IR −11.7%S&P 500 −1.5%
−12%−6%0+6%Jul 31Aug 1report 4:33pm ETearnings−1.8%−11.7%
−12%−6%0+6%Jul 31Aug 1earnings−1.8%−11.7%
IR −11.7%NASDAQ −1.8%
−10%−5%0Jul 30Aug 8report 4:33pm ETearnings+1.0%−11.3%
−10%−5%0Jul 30Aug 8earnings+1.0%−11.3%
IR −11.3%S&P 500 +1.0%
−10%−5%0Jul 30Aug 8report 4:33pm ETearnings+2.0%−11.3%
−10%−5%0Jul 30Aug 8earnings+2.0%−11.3%
IR −11.3%NASDAQ +2.0%
−11.40%
Day of report
+4.83%
Next session
+1.21%
One week
+3.20%
30 days

S&P 500 over the same 30 days: +3.54%.

Did IR Beat Earnings? Q2 2025 Results

Ingersoll Rand delivered a solid second quarter, posting adjusted diluted EPS of $0.80 against a consensus estimate of $0.80, a beat of 0.40%, while revenue of $1.89 billion topped expectations by 2.21% and grew 4.6% year over year. The headline numbers, however, were shadowed by a GAAP net loss of $115.30 million, or $0.29 per share, compared to net income of $185.00 million in Q2 2024, after the company absorbed $265.80 million in non-cash goodwill and intangible asset impairments tied primarily to its ILC Dover units and a minority stake in its High Pressure Solution business. Acquisition activity remained a meaningful contributor, adding 6.5% to reported revenue growth even as organic revenue slipped 3.4%. Despite the near-term organic softness, management raised its full-year 2025 adjusted EPS guidance to $3.34 to $3.46 and lifted its adjusted EBITDA outlook to $2.10 billion to $2.16 billion, signaling confidence that its active M&A pipeline and inorganic growth momentum can more than offset continued organic headwinds.

Key Takeaways
  • IRX (Ingersoll Rand Execution Excellence) operating system driving operational performance
  • Acquisitions contributed 6.5% to reported revenue growth
  • IT&S book-to-bill of 1.05x and first half book-to-bill of 1.07x
  • P&ST adjusted EBITDA margin improved sequentially by 40 basis points from Q1
  • Tariff pricing offset tariff costs one-for-one
  • FX contributed 1.5% to reported revenue growth

“We delivered another strong quarter, with momentum reflected in our first half organic orders growth, robust book-to-bill ratio, and raised guidance on revenue, Adjusted EBITDA, and Adjusted EPS.”

Ingersoll Rand CEO, on the earnings call

Forward Guidance & Outlook

Ingersoll Rand raised its full-year 2025 guidance. Revenue is expected to grow 4-6% year-over-year (organic of negative 2% to flat), with ~1% FX impact and ~$375M from M&A. Adjusted EBITDA is guided to $2,100M-$2,160M (up 4-7% YoY). Adjusted EPS is guided to $3.34-$3.46 (up 2-5% YoY). Corporate costs are expected at approximately $160M. Both IT&S and P&ST organic revenue growth is guided at negative 2% to flat. Guidance reflects all completed and closed M&A as of July 31, 2025, and is based on June 2025 FX rates.

IR YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$600.0M$1.2B$1.8B$1.8B$1.9BRevenue$793.3M$824.9MGross Profit$271.8M$76.4MOperating Income
$0$600.0M$1.2B$1.8BRevenueGross ProfitOperating Income

IR Revenue by Segment

Industrial Technologies and Services$1.5B+2.0%
Precision and Science Technologies$396.3M+17.0%

Figures from SEC filings and company reports. Not investment advice.