Ingersoll Rand Inc. (IR) Earnings Call Transcripts

Ingersoll Rand Inc.'s Latest Earnings Call - Q2 FY2026

Ingersoll Rand Inc. reported a solid second quarter for fiscal year 2026, with revenue reaching approximately $2 billion, reflecting a 9% year-over-year increase. Adjusted EPS grew 7% to $0.86, and management raised full-year revenue guidance to a range of 4.5% to 6.5%. The company highlighted strong demand momentum, particularly in the Americas, and a robust acquisition pipeline, signaling confidence in future growth prospects.

Reported metrics

Guidance from management

Management raised full-year revenue guidance to 4.5% to 6.5% growth and maintained adjusted EBITDA guidance of $2.13 billion to $2.19 billion. Adjusted EPS is expected to finish near the high end of the $3.45 to $3.55 range.

What management said

Yes. I think, Mike, that's where we are getting more and more encouraged. For a while, we were talking about elongation and kind of what we're seeing now is basically customers getting more enthusiastic and project getting kind of moved in a better direction. So we're seeing better momentum on the long cycle projects, yes.

Yes. Nigel, let me take the first one and I'll let Vik comment about the second one. Yes. I mean organic is low double digit to mid-teens, basically is what we're seeing here in the month of July.

What analysts pressed on

Analysts expressed concerns about the sustainability of long-cycle project momentum and the impact of inflation on margins, particularly in China. There were questions regarding the potential for further delays in project timelines and the overall pricing environment in key markets.

Main topics on the call

• Revenue Growth and Guidance Update — Ingersoll Rand achieved organic revenue growth of 4% and raised its full-year revenue guidance to 4.5% to 6.5%, up 200 basis points at the midpoint. CEO Vicente Reynal stated, "Our growth this quarter was broad-based acr...
• Acquisition Strategy — The company closed the acquisition of Lone Star Blowers and signed an agreement for Filtri, which will add approximately $50 million and $30 million in annual revenue, respectively. Reynal emphasized that these acquisiti...
• Margin Pressures and Adjusted EBITDA — Adjusted EBITDA was $520 million with a margin of 25.4%, down 160 basis points year-over-year due to inflationary pressures and increased corporate costs. CFO Vik Kini noted that the higher corporate costs were largely d...
• Free Cash Flow and Liquidity — Free cash flow for the quarter was $269 million, up 28% year-over-year, with total available liquidity of approximately $3.8 billion. Kini stated, "Our balance sheet remains a strategic asset and positions us well to con...

Read the full Ingersoll Rand Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 74 Ingersoll Rand Inc. earnings call transcripts on record, spanning February 18, 2020 to July 31, 2026. Based on this history, Ingersoll Rand Inc. reports quarterly. The most recent call on file is dated July 31, 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

74

First call

February 18, 2020

Most recent

July 31, 2026

Reporting cadence

quarterly