Filing Flows › ITT (ITT) › Q2 2026 › vs Q1 2026
ITT (ITT) Q2 2026 vs Q1 2026 (quarter over quarter)
ITT's revenue rose $261M (+22%) from $1.2B in Q1 2026 to $1.5B in Q2 2026. Gross margin 34.6% against 35.4% (-0.8 pts).
ITT, Q2 2026: revenue $1.5B (+52% year over year), operating margin 12.2%, net earnings $84.9M, operating cash flow $191M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 34.6% | 35.4% | -0.8 pts |
| Operating margin | 12.2% | 11.7% | +0.6 pts |
| Net margin | 5.8% | 6.4% | -0.7 pts |
| Free cash flow margin | 11.0% | 1.1% | +9.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.5B | $1.2B | $261M | +22% |
| Gross profit | $510M | $429M | $81.3M | +19% |
| Cost of revenue | $963M | $783M | $180M | +23% |
| Operating profit | $180M | $141M | $39.1M | +28% |
| Operating expenses | $330M | $288M | $42.2M | +15% |
| Pre-tax earnings | $135M | $129M | $6.4M | +5% |
| Other expense, net | $45.1M | $12.4M | $32.7M | +264% |
| Research & development | $35.8M | $33.1M | $2.7M | +8% |
| Sales & marketing | $87.5M | $73.7M | $13.8M | +19% |
| General & admin | $144M | $154M | −$10.2M | -7% |
| Other operating costs | $62.6M | $26.7M | $35.9M | +134% |
| Net earnings | $84.9M | $78.0M | $6.9M | +9% |
| Minority interests | $1.6M | $1.5M | $100K | +7% |
| Income tax | $48.7M | $49.3M | −$600K | -1% |
| Depreciation & amortization | $95.4M | $54.2M | $41.2M | +76% |
| Share-based compensation | $11.1M | $9.0M | $2.1M | +23% |
| Working capital & other | $200K | $101M | −$101M | -100% |
| Operating cash flow | $191M | $39.9M | $151M | +379% |
| Free cash flow (OCF − capex) | $162M | $13.8M | $148M | 12× |
| Capital expenditures | $29.1M | $26.1M | $3.0M | +11% |
Questions
How much did ITT's revenue grow quarter over quarter in Q2 2026?
ITT's revenue rose $261M (+22%) from $1.2B in Q1 2026 to $1.5B in Q2 2026. Gross margin 34.6% against 35.4% (-0.8 pts).