Filing Flows › ITT (ITT) › Q2 2026
ITT (ITT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
ITT (ITT) reported revenue of $1.5B for the second quarter 2026 (Q2 2026), +51% from a year earlier and +22% from the quarter before. Operating margin was 12.2%, net earnings $84.9M (5.8% of revenue).
ITT, Q2 2026: revenue $1.5B (+52% year over year), operating margin 12.2%, net earnings $84.9M, operating cash flow $191M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +22% | +51% |
| Gross profit | $510M | +19% | +45% |
| Operating profit | $180M | +28% | +3% |
| Net earnings | $84.9M | +9% | -30% |
| Operating cash flow | $191M | +379% | +24% |
| Free cash flow | $162M | 12× | +18% |
What changed
Revenue was $1.5B in Q2 2026, up 51% year over year and up 22% from the previous quarter. Auto and rail was the largest line at 26% of revenue. Energy added $0.12B year over year (up 91%), 25% of the total change.
Gross margin was 34.6%, down 1.4 points from Q2 2025. Operating profit was $0.18B, a 12.2% margin (down 5.8 points year over year). Of the extra revenue versus Q2 2025, 1% reached operating profit, below the 18% margin then. Operating expenses grew 88% against revenue growth of 51%. The fastest-growing cost line was Other operating costs (+440%). Net earnings were $0.08B, down 30% year over year. The effective tax rate was 36.0%.
Operating cash flow was $0.19B (up 24% year over year), 221% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Capital expenditures of $0.03B left free cash flow of $0.16B.
Questions
What was ITT's revenue in the second quarter 2026?
ITT (ITT) reported revenue of $1.5B for the second quarter 2026 (Q2 2026), +51% from a year earlier and +22% from the quarter before.
Was ITT profitable in the second quarter 2026?
Operating profit was $180M (12.2% of revenue) and net earnings $84.9M.
Source: ITT 10-Q on SEC EDGAR.