Ingersoll Rand Inc. (IR) Earnings Call Transcripts

Ingersoll Rand Inc.'s Latest Earnings Call - June 10, 2026

Ingersoll Rand Inc. reported strong momentum in short-cycle demand during Q2 2026, with revenue showing resilience despite previous headwinds. The company achieved revenue of $1.2 billion, slightly above the $1.15 billion estimate, reflecting a 10% year-over-year increase. Earnings per share (EPS) came in at $0.75, beating expectations by $0.05. Management maintained a positive outlook for the remainder of the fiscal year, signaling continued growth potential across various segments, particularly in aftermarket and recurring revenue initiatives.

Reported metrics

Guidance from management

Management maintained a positive outlook for the remainder of 2026, expecting continued growth in both short-cycle and long-cycle segments, with a focus on improving margins and recurring revenue streams.

What management said

Yes. I mean, listen, I almost look at it through the lens of we're an industrial manufacturer and look anyone else, we look at all of our CapEx projects and we rack-and-stack them. And generally speaking, if something hits a 2-year payback, it's pretty compelling, right? And so I would tend to think our customers would have a fairly comparable kind of perspective as well. So yes, I mean, I think that, that is -- woul...

Typically speaking, for I&TS, and you could argue when is the last year we saw a typical. But that aside here, Q1 is your lightest shipment quarter, Q4 is your heaviest Q2, Q3 in between. That's typically how it plays itself out. So yes, to your point, that seasonality factor, which is kind of what I was saying the revenue a little bit healthier in the back half of the year, the volumes and/or the cost of goods sold ...

What analysts pressed on

Analysts raised concerns about the lag in organic growth compared to industry peers and the potential impact of geopolitical tensions on order timing. There was also discussion about the competitive landscape and pricing pressures in China, which could affect margins going forward.

Main topics on the call

• Short-Cycle Demand Recovery — Management noted that 'the momentum' in short-cycle demand is improving, with trends getting better compared to previous years. They highlighted that 'the good news is, it's that it is behind us' regarding past headwinds...
• Geographic Performance Insights — Ingersoll Rand's revenue distribution shows that North America accounts for about 50% of revenue, with Europe at one-third. Management stated that 'Europe has actually probably been our most stable region' and that 'the ...
• Recurring Revenue Growth — Management reported that recurring revenue has grown from $100 million at the merger to approximately $450 million, with expectations to reach $1 billion. They emphasized that this initiative is 'arguably the highest kin...
• Pricing Environment Normalization — Vikram Kini noted that pricing is returning to a '1% to 2% kind of standard' after previous tariff impacts, which is expected to improve the price/cost equation moving forward. This normalization is seen as a positive sh...

Read the full Ingersoll Rand Inc. transcript (June 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 73 Ingersoll Rand Inc. earnings call transcripts on record, spanning February 18, 2020 to June 10, 2026. Based on this history, Ingersoll Rand Inc. reports quarterly. The most recent call on file is dated June 10, 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

73

First call

February 18, 2020

Most recent

June 10, 2026

Reporting cadence

quarterly