Ingersoll Rand Inc. (IR) Earnings Call Transcripts
Ingersoll Rand Inc.'s Latest Earnings Call - Q3 FY2026
Ingersoll Rand Inc. reported strong financial performance for Q3 2026, with revenue of $2.1 billion, reflecting a 6% year-over-year increase, and adjusted EPS of $1.07, up 17% year-over-year. The company raised its full-year revenue guidance to a growth range of 5.5% to 7%, driven by organic growth expectations of 2% to 3.5%. Management also announced a $2 billion increase to its share repurchase program, signaling confidence in future cash flows and shareholder value creation.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $2.1 billion |
| Organic Orders Growth | 18% (positive) |
| Free Cash Flow | $623 million |
| Adjusted EBITDA | $584 million (null) |
| Book-to-Bill Ratio | 1.14x (positive) |
| Adjusted Tax Rate | 17% (null) |
Guidance from management
Management raised its adjusted EPS guidance to a range of $3.58 to $3.70, driven by a lower adjusted tax rate of approximately 20%. Revenue growth is now expected to be in the range of 5.5% to 7%.
What management said
And then Nigel, on your question regarding the revenue cadence, the accounting treatment, yes, to answer your question, this will be -- the $195 million order will be POC with the majority expected to be kind of consumed or digested through the course of 2027.
Yes, Steve, I'll say that the funnel is fairly substantial and robust. I mean, I think it's -- this has been -- about a year ago, we were not playing in this end market. We obviously structure ourselves and selected a few team members. And over the past 12 months, that's what we've been able, being able to talk to a lot of hyperscalers, colocators and understanding voice of customer in terms of what's needed and what...
What analysts pressed on
Analysts expressed concerns regarding the sustainability of growth, particularly in light of the challenging pricing environment in China. There were also questions about the impact of the large data center order on margins and the potential for further orders in that segment.
Main topics on the call
- Revenue Growth and Guidance Update — Ingersoll Rand raised its full-year revenue guidance to a range of 5.5% to 7%, up from previous expectations. This is driven by improved organic growth expectations, now projected between 2% to 3.5%. Management noted, "T...
- Strong Order Growth — The company reported organic orders growth of 18%, with total orders reaching $2.35 billion, up 21% year-over-year. Management highlighted that "organic orders growth accelerated across both short to medium cycle and lon...
- Acquisition Strategy and M&A Pipeline — Ingersoll Rand closed an acquisition that adds approximately $40 million in annual revenue, emphasizing its disciplined M&A strategy. The company has closed or signed 8 transactions year-to-date and has a robust pipeline...
- Margin Pressures and Recovery — Adjusted EBITDA was $584 million, reflecting a margin of 26.7%, down year-over-year due to inflationary pressures. However, management noted sequential margin improvement, stating, "margins improved meaningfully on a seq...
Read the full Ingersoll Rand Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Ingersoll Rand Inc.
Ingersoll Rand Inc. (IR) is a publicly listed company in the Machinery industry, within the Industrials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 78 calls on record spanning February 18, 2020 to October 30, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 78 Ingersoll Rand Inc. earnings call transcripts on record, spanning February 18, 2020 to October 30, 2026. Based on this history, Ingersoll Rand Inc. reports quarterly. The most recent call on file is dated October 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- IR
- Exchange
- NYSE
- Country
- US
- Sector
- Industrials
- Industry
- Machinery
- Calls on record
- 78
- First call
- February 18, 2020
- Most recent
- October 30, 2026
- Reporting cadence
- quarterly