Ingersoll Rand (IR) Operating Expenses (2016 - 2026)
Ingersoll Rand (IR) reported Operating Expenses of $370.7 million for Q1 2026, up 5.91% on a YoY basis from $350.0 million in Q1 2025, and up 3.81% quarter-over-quarter from $357.1 million in Q4 2025.
Ingersoll Rand (IR) Operating Expenses (2016 - 2026) Analysis & Trends
Ingersoll Rand has reported Operating Expenses for 11 years, with the latest figure at $370.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 5.91% year-over-year to $370.7 million; the trailing twelve-month figure through Mar 2026 stood at $1.5 billion (up 7.5% YoY), and the FY2025 full-year result was $1.4 billion, up 7.06% from the prior year.
- Operating Expenses for Q1 2026 stood at $370.7 million, up from $357.1 million in the prior quarter.
- The five-year high for Operating Expenses was $371.2 million in Q2 2025, with the low at $265.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $324.9 million across 5 years, with a median of $331.7 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses grew 19.86% — and 2024, when it rose 0.27%.
- Ingersoll Rand's Operating Expenses stood at $276.0 million in 2022, then gained by 19.86% to $330.8 million in 2023, then increased by 0.27% to $331.7 million in 2024, then advanced by 7.66% to $357.1 million in 2025, then advanced by 3.81% to $370.7 million in 2026.
- The last three Operating Expenses figures came in at $370.7 million (Q1 2026), $357.1 million (Q4 2025), and $361.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 1.60 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.48 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 1.20 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 1.32 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | - |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 1.41 Bn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 658.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 492.23 Mn |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 370.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 267.20 Mn |