Ingersoll Rand's second quarter revenue grew 9% to beat estimates, while organic growth of 4.1% missed expectations.

Ingersoll Rand reported second quarter revenue of $2.05 billion, up 9% year-over-year, and adjusted EPS of $0.86, an increase of 7%. Both revenue and adjusted EPS surpassed analyst expectations.

Key Highlights

• Overall organic revenue growth came in at 4.1%, missing analyst estimates, driven by 4% organic growth in both the Industrial Technologies and Services (IT&S) and Precision and Science Technologies (P&ST) segments.
• The Precision and Science Technologies segment was a key strength, with adjusted EBITDA margin expanding 200 basis points to 31.5% on 7% organic order growth, while the IT&S segment saw margins contract by 180 basis points.
• The company updated its full-year 2026 guidance, now expecting total revenue growth of 4.5% to 6.5% and noted it expects to finish near the high end of its reiterated adjusted EPS range of $3.45 to $3.57.