IR Q2 2023 Earnings — Ingersoll Rand Inc. Revenue & Financial Results | Market Cap Arena

IRIngersoll Rand Inc.

$35B

Q2 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.7B+17.1% YoY

Gross Profit

$698M41.4% margin

Operating Income

$272M16.2% margin

Net Income

$180M10.6% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$228M

Free Cash Flow

$204M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$15.0B

Total Liabilities

$5.5B

Stockholders' Equity

$9.4B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.4B	+17.1%
Gross Profit	$698M	$570M	+22.4%
Operating Income	$272M	$197M	+38.0%
Net Income	$180M	$139M	+29.6%

Revenue Segments

Industrial Technologies and Services Segment

$1.4B82%

Precision and Science Technologies Segment

$308M18%

Geographic Segments

Americas

$793M47%

EMEA

$542M32%

Asia Pacific

$351M21%