Ingersoll Rand Inc. (IR) Income Statement
IR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIR revenue and net income
Where IR's revenue goes
2025Each bar shows an amount and its share of revenue. IR kept 7.6% of revenue as net income.
IR profit margins
IR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.7% | +8.9% | +14.0% | +13.7% |
| Gross profit | −7.0% | +8.2% | +16.0% | +14.2% |
| Operating income | +9.1% | +20.2% | +88.5% | — |
| Net income | −30.7% | −1.3% | — | — |
| EPS (diluted) | +1.5% | +12.1% | +17.5% | −2.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IR quarterly EPS vs estimates
Ingersoll Rand beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 29, 2026 (estimate $0.85).
IR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.65B | $7.24B | $6.88B | $5.92B | $5.15B | $3.97B | $2.02B | $2.69B | $2.38B | $1.94B |
| Cost of revenue | $4.70B | $4.07B | $3.99B | $3.59B | $3.16B | $2.57B | $1.24B | $1.68B | $1.48B | $1.22B |
| Gross profit | $2.95B | $3.17B | $2.88B | $2.33B | $1.99B | $1.40B | $778.3M | $1.01B | $897.9M | $716.7M |
| Research & development | — | $116.6M | $108.0M | $91.0M | $74.0M | $58.0M | $25.0M | $24.0M | $26.0M | $22.0M |
| Sales, general & admin | $1.44B | $1.34B | $1.27B | $2.55B | $2.45B | $2.27B | $410.0M | $436.9M | $640.4M | $2.61B |
| Total operating expenses | $1.53B | $1.87B | $1.72B | $1.51B | $1.42B | $1.35B | $584.2M | $569.5M | $788.8M | $613.2M |
| Operating income | $1.42B | $1.30B | $1.16B | $817.3M | $565.7M | $59.6M | $194.1M | $443.0M | $109.1M | $103.5M |
| Interest income | $253.9M | $213.2M | $156.7M | $103.2M | $87.7M | $111.1M | $88.9M | $99.6M | $140.7M | $170.3M |
| Interest expense | $253.9M | $213.2M | $156.7M | $103.2M | $87.7M | $111.1M | $88.4M | $99.6M | $140.7M | $170.3M |
| Income before taxes | $808.2M | $1.11B | $1.03B | $742.2M | $501.6M | −$43.8M | $129.1M | $349.5M | −$112.7M | −$63.2M |
| Income taxes | $219.4M | $262.5M | $240.0M | $149.6M | −$21.8M | $13.0M | $31.8M | $80.1M | −$131.2M | −$31.9M |
| Net income | $581.4M | $838.6M | $778.7M | $604.7M | $562.5M | −$33.3M | $159.1M | $269.4M | $18.4M | −$36.6M |
| EBITDA | $1.57B | $1.83B | $1.65B | $1.28B | $1.02B | $478.2M | $345.1M | $629.5M | $201.8M | $279.8M |
| EPS (diluted) | $3.34 | $3.29 | $2.96 | $2.37 | $2.16 | $1.49 | $1.59 | $1.88 | $1.70 | $3.56 |
| Gross margin | 38.5% | 43.8% | 41.9% | 39.3% | 38.6% | 35.4% | 38.6% | 37.6% | 37.8% | 37.0% |
| Operating margin | 18.5% | 18.0% | 16.9% | 13.8% | 11.0% | 1.5% | 9.6% | 16.5% | 4.6% | 5.3% |
| Net margin | 7.6% | 11.6% | 11.3% | 10.2% | 10.9% | −0.8% | 7.9% | 10.0% | 0.8% | −1.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.05B | $1.85B | $2.09B | $1.96B | $1.89B | $1.72B | $1.90B | $1.86B | $1.81B | $1.67B | $1.82B | $1.74B |
| Cost of revenue | $1.19B | $1.05B | $1.59B | $1.10B | $1.06B | $951.3M | $1.08B | $1.05B | $1.01B | $923.8M | $1.04B | $999.6M |
| Gross profit | $862.6M | $792.4M | $503.2M | $855.2M | $824.9M | $765.5M | $815.4M | $815.0M | $793.3M | $746.3M | $781.2M | $739.3M |
| Research & development | — | — | — | — | — | — | — | — | — | — | $108.0M | — |
| Sales, general & admin | $400.8M | $370.7M | $357.1M | $361.0M | $371.2M | $350.0M | $331.7M | $334.3M | $342.1M | $336.3M | $641.9M | $315.2M |
| Total operating expenses | $482.3M | $502.7M | −$160.4M | $479.7M | $748.5M | $463.0M | $436.6M | $458.7M | $521.5M | $453.1M | $448.0M | $420.9M |
| Operating income | $380.3M | $289.7M | $663.6M | $375.5M | $76.4M | $302.5M | $378.8M | $356.3M | $271.8M | $293.2M | $333.2M | $318.4M |
| Interest income | — | — | $64.9M | $65.1M | $62.7M | $61.2M | $61.8M | $63.8M | — | — | — | $39.6M |
| Interest expense | $63.3M | $63.8M | $64.9M | $65.1M | $62.7M | $61.2M | $61.8M | $63.8M | $50.8M | $36.8M | $37.4M | $39.6M |
| Income before taxes | $327.1M | $229.9M | $334.7M | $319.4M | −$92.8M | $246.9M | $320.1M | $297.2M | $232.6M | $258.9M | $302.6M | $269.9M |
| Income taxes | $69.1M | $36.1M | $66.3M | $73.6M | $21.0M | $58.5M | $88.2M | $73.8M | $46.1M | $54.4M | $71.1M | $60.3M |
| Net income | $256.8M | $192.1M | $266.1M | $244.1M | −$115.3M | $186.5M | $229.8M | $221.6M | $185.0M | $202.2M | $229.8M | $208.3M |
| EBITDA | $523.2M | $430.6M | $537.9M | $509.0M | $211.3M | $434.3M | $510.5M | $490.1M | $403.8M | $423.6M | $462.4M | $429.1M |
| EPS (diluted) | $0.82 | $0.77 | $0.96 | $0.86 | $0.80 | $0.72 | $0.84 | $0.84 | $0.83 | $0.78 | $0.86 | $0.77 |
| Gross margin | 42.1% | 42.9% | 24.1% | 43.7% | 43.7% | 44.6% | 42.9% | 43.8% | 43.9% | 44.7% | 42.9% | 42.5% |
| Operating margin | 18.6% | 15.7% | 31.7% | 19.2% | 4.0% | 17.6% | 20.0% | 19.1% | 15.1% | 17.6% | 18.3% | 18.3% |
| Net margin | 12.5% | 10.4% | 12.7% | 12.5% | −6.1% | 10.9% | 12.1% | 11.9% | 10.2% | 12.1% | 12.6% | 12.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IR's financial statements (latest annual report filed February 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IR financial results
In fiscal year 2025 (ended December 31, 2025), Ingersoll Rand reported revenue of $7.7 billion, up 5.7% from the year before. It had net income of $581.4 million (down 30.7%), a net profit margin of 7.6%. Diluted earnings per share came to $3.34. Over five years revenue grew at an average rate of 14.0% a year.
See the IR stock overview for the latest quote and news, or the IR chart for price history and technical indicators.
IR income statement FAQ
What is Ingersoll Rand's annual revenue?
Ingersoll Rand reported total revenue of $7.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.7% from $7.2 billion the previous year.
Is Ingersoll Rand profitable?
Yes. Ingersoll Rand reported net income of $581.4 million in fiscal 2025, a net profit margin of 7.6%; its operating margin was 18.5%.
What is Ingersoll Rand's gross margin?
Ingersoll Rand's gross margin was 38.5% in fiscal 2025: for every $100 of revenue, Ingersoll Rand kept $39 after the direct cost of its products and services.
How fast is Ingersoll Rand growing?
Revenue grew 14.0% a year on average over the last five fiscal years, from $4.0 billion to $7.7 billion.
What are Ingersoll Rand's earnings per share?
Ingersoll Rand earned $3.34 per diluted share in fiscal 2025, compared with $3.29 a year earlier.
When will Ingersoll Rand report its next earnings?
Ingersoll Rand is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 after the market closes.
When does Ingersoll Rand's fiscal year end?
Ingersoll Rand's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 17, 2026.