Ingersoll Rand reports Q1 revenues up 8% YoY
For the first quarter of 2026, Ingersoll Rand Inc. reported orders of $1,978 million, up 5% year over year and revenues of $1,847 million, up 8% YoY.
“We began 2026 with solid momentum, delivering high single-digit Adjusted EPS1 growth and meeting our expectations for revenue and Adjusted EBITDA,” said Chairman and CEO Vicente Reynal. “With a robust M&A pipeline, we remain confident in reaching our annual revenue target. Our Economic Growth Engine, IRX, and ownership mindset will continue to support disciplined execution and durable value creation.”
The company's Industrial Technologies and Services Segment (IT&S) — including a broad range of compressor, vacuum, blower, and air treatment solurtions — revenues of $1,445 million were up 7%, but down 2% organically.
In the first quarter of 2026, Ingersoll Rand deployed $52 million to M&A for the previously announced acquisition of Scinomix, Inc. The company also returned approximately $97 million to shareholders through $89 million in share repurchases and $8 million through its quarterly dividend payment in the first quarter.
In April 2026, Ingersoll Rand announced the signing of the acquisition of Fox s.r.l., a leading manufacturer of hydropneumatic accumulators and pulsation dampeners, which will enhance its capabilities in dosing pumps. The transaction is expected to close on April 30, 2026.
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