Filing Flows › Ingersoll Rand (IR) › Q2 2026 › vs Q1 2026
Ingersoll Rand (IR) Q2 2026 vs Q1 2026 (quarter over quarter)
Ingersoll Rand's revenue rose $202M (+11%) from $1.8B in Q1 2026 to $2.0B in Q2 2026. The biggest changes: Original equipment +$158M (+14%); Aftermarket +$43.5M (+6%). Gross margin 42.1% against 42.9% (-0.8 pts).
Ingersoll Rand, Q2 2026: revenue $2.0B (+8% year over year), operating margin 18.6%, net earnings $258M, operating cash flow $296M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 42.1% | 42.9% | -0.8 pts |
| Operating margin | 18.6% | 15.7% | +2.9 pts |
| Net margin | 12.6% | 10.5% | +2.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Original equipment | $1.3B | $1.2B | $158M | +14% |
| Aftermarket | $735M | $692M | $43.5M | +6% |
| Revenue | $2.0B | $1.8B | $202M | +11% |
| Gross profit | $863M | $792M | $70.2M | +9% |
| Cost of revenue | $1.2B | $1.1B | $131M | +12% |
| Operating profit | $380M | $290M | $90.6M | +31% |
| Operating expenses | $482M | $503M | −$20.4M | -4% |
| Pre-tax earnings | $327M | $230M | $97.2M | +42% |
| Other expense, net | $53.2M | $59.8M | −$6.6M | -11% |
| SG&A | $401M | $371M | $30.1M | +8% |
| Other operating costs | $81.5M | $132M | −$50.5M | -38% |
| Net earnings | $258M | $194M | $64.2M | +33% |
| Income tax | $69.1M | $36.1M | $33.0M | +91% |
| Depreciation & amortization | $133M | $137M | −$4.1M | -3% |
| Share-based compensation | $17.8M | $15.9M | $1.9M | +12% |
| Working capital & other | $113M | $147M | −$34.2M | -23% |
| Operating cash flow | $296M | $200M | $96.2M | +48% |
Questions
How much did Ingersoll Rand's revenue grow quarter over quarter in Q2 2026?
Ingersoll Rand's revenue rose $202M (+11%) from $1.8B in Q1 2026 to $2.0B in Q2 2026.
What drove Ingersoll Rand's revenue change in Q2 2026?
Original equipment +$158M (+14%); Aftermarket +$43.5M (+6%).