Ingersoll Rand (IR) Operating Expenses (2016 - 2026)
Ingersoll Rand's (IR) quarterly Operating Expenses came in at $400.8 million in Q2 2026, up 7.97% on a YoY basis from $371.2 million in Q2 2025, and up 8.12% quarter-over-quarter from $370.7 million in Q1 2026.
Analysis
Ingersoll Rand (IR) Operating Expenses (2016 - 2026) Analysis & Trends
Ingersoll Rand (IR) has reported Operating Expenses for 11 consecutive years, with $400.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 7.97% year-over-year to $400.8 million; the trailing twelve-month figure through Jun 2026 stood at $1.5 billion (up 7.38% YoY), and the FY2025 full-year result was $1.4 billion, up 7.06% from the prior year.
- Operating Expenses grew to $400.8 million in Q2 2026 per IR's latest filing, from $370.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $400.8 million in Q2 2026 and bottomed at $265.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $329.1 million across 5 years, with a median of $333.0 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses increased 19.86% in 2023, then gained 0.27% in 2024.
- Over 5 years, Operating Expenses stood at $276.0 million in 2022, then climbed by 19.86% to $330.8 million in 2023, then gained by 0.27% to $331.7 million in 2024, then grew by 7.66% to $357.1 million in 2025, then advanced by 12.24% to $400.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $400.8 million, $370.7 million, and $357.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Parker-Hannifin | 117.66 Bn | 117.16 Bn | 2.25 Bn | 874.00 Mn |
| 2 | Emerson Electric | 82.49 Bn | 80.31 Bn | 2.66 Bn | 1.34 Bn |
| 3 | Ingersoll Rand | 28.01 Bn | 26.84 Bn | 862.60 Mn | 400.80 Mn |
| 4 | Itt | 17.50 Bn | 16.91 Bn | 510.10 Mn | 231.40 Mn |
| 5 | Idex | 16.34 Bn | 15.72 Bn | 426.80 Mn | 226.90 Mn |
| 6 | Graco | 12.33 Bn | 11.82 Bn | 316.94 Mn | 122.03 Mn |
| 7 | Watts Water Technologies | 11.70 Bn | 11.35 Bn | 374.10 Mn | 220.10 Mn |
| 8 | Flowserve | 9.23 Bn | 8.50 Bn | 384.73 Mn | 286.40 Mn |
| 9 | Pentair | 9.14 Bn | 9.05 Bn | 395.00 Mn | 228.50 Mn |
| 10 | Enpro | 6.23 Bn | 6.15 Bn | 149.00 Mn | 91.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 400.80 Mn |
| Mar 31, 2026 | 370.70 Mn |
| Dec 31, 2025 | 357.10 Mn |
| Sep 30, 2025 | 361.00 Mn |
| Jun 30, 2025 | 371.20 Mn |
| Mar 31, 2025 | 350.00 Mn |
| Dec 31, 2024 | 331.70 Mn |
| Sep 30, 2024 | 334.30 Mn |
| Jun 30, 2024 | 342.10 Mn |
| Mar 31, 2024 | 336.30 Mn |
| Dec 31, 2023 | 330.80 Mn |
| Sep 30, 2023 | 315.20 Mn |
| Jun 30, 2023 | 315.60 Mn |
| Mar 31, 2023 | 311.10 Mn |
| Dec 31, 2022 | 276.00 Mn |
| Sep 30, 2022 | 278.70 Mn |
| Jun 30, 2022 | 275.60 Mn |
| Mar 31, 2022 | 265.50 Mn |
| Dec 31, 2021 | 255.90 Mn |
| Sep 30, 2021 | 252.60 Mn |