Filing Flows › ITT (ITT) › Q3 2026
ITT (ITT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
ITT (ITT) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +44% from a year earlier and -2% from the quarter before. Operating margin was 15.7%, net earnings $124M (8.6% of revenue).
ITT, Q3 2026: revenue $1.4B (+44% year over year), operating margin 15.7%, net earnings $124M, operating cash flow $312M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -2% | +44% |
| Gross profit | $550M | +8% | +53% |
| Operating profit | $227M | +26% | +26% |
| Net earnings | $124M | +46% | -3% |
| Operating cash flow | $312M | +63% | +80% |
| Free cash flow | $284M | +75% | +94% |
What changed
Revenue was $1.4B in Q3 2026, up 44% year over year and down 2% from the previous quarter. Auto and rail was the largest line at 25% of revenue. Energy added $0.09B year over year (up 60%), 21% of the total change.
Gross margin was 38.2%, up 2.3 points from Q3 2025. Operating profit was $0.23B, a 15.7% margin (down 2.3 points year over year). Of the extra revenue versus Q3 2025, 11% reached operating profit, below the 18% margin then. Operating expenses grew 81% against revenue growth of 44%. The fastest-growing cost line was Other operating costs (+451%). Net earnings were $0.12B, down 3% year over year. The effective tax rate was 33.2%.
Operating cash flow was $0.31B (up 80% year over year), 251% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.08B. Capital expenditures of $0.03B left free cash flow of $0.28B.
Questions
What was ITT's revenue in the third quarter 2026?
ITT (ITT) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +44% from a year earlier and -2% from the quarter before.
Was ITT profitable in the third quarter 2026?
Operating profit was $227M (15.7% of revenue) and net earnings $124M.
Source: ITT 10-Q on SEC EDGAR.