Filing Flows › Ingersoll Rand (IR) › Q2 2025
Ingersoll Rand (IR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Ingersoll Rand (IR) reported revenue of $1.9B for the second quarter 2025 (Q2 2025), +5% from a year earlier and +10% from the quarter before. Operating margin was 4.0%, net loss $114M (6.0% of revenue).
Ingersoll Rand, Q2 2025: revenue $1.9B (+5% year over year), operating margin 4.0%, net loss $114M, operating cash flow $246M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +10% | +5% |
| Operating profit | $76.4M | -75% | — |
| Net earnings | −$114M | -161% | — |
| Operating cash flow | $246M | -4% | -19% |
| Free cash flow | $210M | — | -26% |
What changed
Revenue was $1.9B in Q2 2025, up 5% year over year and up 10% from the previous quarter. Original equipment was the largest line at 63% of revenue. Aftermarket added $0.05B year over year (up 8%), 59% of the total change.
Gross margin was 43.7%, down 0.2 points from a year earlier. Operating profit was $0.08B, a 4.0% margin (down 11.0 points year over year). Operating profit fell $0.20B even though revenue rose $0.08B versus a year earlier, so costs grew faster than sales. Operating expenses grew 44% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+110%). The quarter ended with a net loss of $0.11B, after a profit of $0.19B the previous quarter. Net interest and other expense of $0.17B was the main reason.
Operating cash flow was $0.25B (down 19% year over year). Non-cash charges added back $0.12B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.22B. After capital expenditures ($0.04B), free cash flow as the company reports it was $0.21B.
Questions
What was Ingersoll Rand's revenue in the second quarter 2025?
Ingersoll Rand (IR) reported revenue of $1.9B for the second quarter 2025 (Q2 2025), +5% from a year earlier and +10% from the quarter before.
Was Ingersoll Rand profitable in the second quarter 2025?
Operating profit was $76.4M (4.0% of revenue) and net loss $114M.
Source: Ingersoll Rand 10-Q on SEC EDGAR.