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ITT

ITT Q1 2026 Earnings

Reported May 6, 2026 at 6:41 AM ET · SEC Source

Q1 26 EPS

$1.98

BEAT +14.11%

Est. $1.74

Q1 26 Revenue

$1.21B

BEAT +9.57%

Est. $1.11B

vs S&P Since Q1 26

-8.6%

TRAILING MARKET

ITT -8.6% vs S&P -0.1%

Market Reaction

Did ITT Beat Earnings? Q1 2026 Results

ITT Inc. Delivered a standout first quarter for fiscal 2026, with the newly closed SPX FLOW acquisition doing much of the heavy lifting as revenue climbed 32.7% year-over-year to $1.21 billion, beating the $1.11 billion consensus by 9.57%. Adjusted E… Read more ITT Inc. Delivered a standout first quarter for fiscal 2026, with the newly closed SPX FLOW acquisition doing much of the heavy lifting as revenue climbed 32.7% year-over-year to $1.21 billion, beating the $1.11 billion consensus by 9.57%. Adjusted EPS of $1.98 cleared the $1.74 Wall Street estimate by 14.11%, rising 25% from $1.58 a year ago, though GAAP EPS fell to $0.89 as $67.50 million in acquisition-related costs, higher amortization, and increased interest expense weighed on reported results. The newly formed Flow Technologies segment was the standout contributor, combining the legacy Industrial Process business with SPX FLOW to generate $537.40 million in revenue, up 61% on a reported basis, with adjusted operating margin expanding 100 basis points to 23.7%. Analysts had flagged the SPX FLOW integration as the key variable heading into the print, and management indicated synergies are progressing on track. For the full year, ITT initiated guidance calling for adjusted EPS of $7.70 to $8.00, representing 7% to 11% growth, and free cash flow of $540 million to $580 million.

Key Takeaways

  • • SPX FLOW acquisition contributed 17 percentage points of revenue growth
  • • 11% organic revenue growth driven by aerospace and defense, short-cycle pumps and valves, and Friction outperformance
  • • 26% order growth (8% organic) reflecting broad strength
  • • Adjusted operating margin expanded 130 bps to 20.3% driven by productivity, higher volumes, pricing and FX
  • • Four additional working days in Q1 versus prior year
  • • Commercial aerospace components and industrial connectors strength in CCT
  • • Friction OE and KONI rail demand drove Motion Technologies organic growth
  • • Svanehøj and valves execution drove Flow Technologies organic revenue growth of 12%

ITT Forward Guidance & Outlook

ITT initiated full-year 2026 guidance: organic revenue growth of 4%–6% (total growth of 36%–38%); operating margin of 12.4%–13.3% and adjusted operating margin of 19.7%–20.6% (up 30–120 bps); GAAP EPS of $4.15–$4.45 (down ~30% due to acquisition-related impacts); adjusted EPS of $7.70–$8.00 (up 7%–11%); and free cash flow of $540M–$580M (10%–11% margin). Full-year revenue guidance midpoint is approximately $5,385M. The four extra working days in Q1 will be offset in Q4.

24/7 Wall St

ITT YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

24/7 Wall St

ITT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26

“I am incredibly proud of, and humbled by, the performance delivered by our ITTers around the world. It was a strong quarter across the board. As we have said many times, ITT's organic value creation engine is here to stay and in Q1, our legacy businesses proved it once again, with outstanding revenue growth driven by market share gains and continued margin expansion, fueled by our rigor and relentless execution. Each of our businesses delivered profitable growth, supported by a continuous improvement mindset that further strengthens our core operating fundamentals.”

— Luca Savi, Q1 2026 Earnings Press Release

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