Q2 26 EPS Adjusted
$2.08
BEAT +6.92%
Est. $1.95
GAAP EPS of $0.95 includes $62.6M intangible amortization ($0.70/share), $51.5M acquisition-related costs ($0.57/share), $2.3M restructuring costs ($0.02/share), $15.1M other tax-related special items ($0.17/share), partially offset by $29.0M net tax benefit on pre-tax special items ($0.33/share)
Q2 26 Revenue
$1.47B
BEAT +6.06%
Est. $1.39B
Market Reaction
Did ITT Beat Earnings? Q2 2026 Results
ITT Inc. Delivered a strong second quarter, posting adjusted EPS of $2.08 against a $1.93 consensus estimate, a 7.77% beat that extends the industrial manufacturer's streak of topping Wall Street expectations to four consecutive quarters. Total reven… Read more ITT Inc. Delivered a strong second quarter, posting adjusted EPS of $2.08 against a $1.93 consensus estimate, a 7.77% beat that extends the industrial manufacturer's streak of topping Wall Street expectations to four consecutive quarters. Total revenue climbed 51.5% year over year to $1.47 billion, powered overwhelmingly by the first full quarter of contributions from the $4.8 billion SPX FLOW acquisition, which alone drove Flow Technologies segment revenue up 122.7% to $792.50 million. Investors watching closely for integration progress got encouraging signals, as SPX FLOW delivered a book-to-bill ratio above 1.1x and the broader integration was described as running ahead of plan. On a GAAP basis, EPS fell to $0.95, weighed down by $62.60 million in intangible amortization and $51.50 million in acquisition-related costs tied to the deal. Management responded to the quarter's momentum by raising full-year 2026 guidance, now targeting adjusted EPS of $8.12 to $8.32, representing 13% to 16% growth, alongside free cash flow of $550 million to $580 million.
Key Takeaways
- • SPX FLOW acquisition contributing first full quarter of results with book-to-bill above 1.1x
- • 13% organic revenue growth across legacy businesses
- • Defense programs in CCT gaining momentum with 58.7% organic order growth
- • Friction aftermarket and KONI defense strength in Motion Technologies
- • 21% organic revenue growth in Flow Technologies from pump projects in energy transition and valve strength
- • Pricing and productivity actions driving adjusted margin expansion of 40 bps to 20.0%
- • Continued market share gains in Motion Technologies
ITT Forward Guidance & Outlook
ITT raised full-year 2026 guidance: organic revenue growth of 5% to 8% (38% to 41% total including acquisitions); operating margin of 12.8% to 13.7% (adjusted 20.0% to 20.9%, up 60 to 150 bps YoY); GAAP EPS of $4.47 to $4.67; adjusted EPS of $8.12 to $8.32 (13% to 16% growth); free cash flow of $550 million to $580 million (10% to 11% FCF margin). The raise reflects strong commercial and operational performance year to date, with the SPX FLOW integration progressing ahead of plan.
ITT YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
ITT Revenue by Segment
With YoY comparisons, source: SEC Filings
“ITT delivered another record quarter, reflecting the exceptional execution of our ITTers. Our legacy businesses continue to fire on all cylinders, and in Q2 generated double digit organic orders and double digit revenue growth. Defense programs in CCT are gaining momentum and contributing to significant growth in the quarter and beyond. SPX FLOW delivered a strong first full quarter, with strength in Nutrition and Health and Mixers driving top-line and orders growth resulting in a book-to-bill above 1.1x, whilst the integration continues to progress ahead of plan. Our strategy is working and our ITTers are relentlessly executing it, driving profitable growth and productivity in our legacy businesses and SPX FLOW.”
— Luca Savi, Q2 2026 Earnings Press Release
ITT Earnings Trends
ITT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ITT EPS Trend
Earnings per share: estimate vs actual
ITT Revenue Trend
Quarterly revenue: estimate vs actual
ITT Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT GAAP EPS of $0.95 includes $62.6M intangible amortization ($0.70/share), $51.5M acquisition-related costs ($0.57/share), $2.3M restructuring costs ($0.02/share), $15.1M other tax-related special items ($0.17/share), partially offset by $29.0M net tax benefit on pre-tax special items ($0.33/share) | $1.95 | $2.08 | +6.92% | $1.47B | +6.06% |
| Q1 26 BEAT | $1.74 | $1.98 | +14.11% | $1.21B | +9.57% |
| Q4 25 BEAT FY | $1.78 | $1.85 | +4.03% | $1.05B | +4.60% |
| FY Full Year | $6.64 | $6.72 | +1.14% | $3.94B | +1.38% |
| Q3 25 BEAT | $1.67 | $1.78 | +6.68% | $999.1M | +2.55% |
| Q2 25 BEAT | $1.61 | $1.64 | +1.79% | $972.4M | +2.52% |