Ingersoll Rand (IR) Operating Expenses (2016 - 2026)
Ingersoll Rand (IR) posted quarterly Operating Expenses of $400.8 million for Q2 2026, up 7.97% year-over-year from $371.2 million in Q2 2025, and up 8.12% on a QoQ basis from $370.7 million in Q1 2026.
Ingersoll Rand (IR) Operating Expenses (2016 - 2026) Analysis & Trends
Ingersoll Rand has reported Operating Expenses for 11 years, with the latest figure at $400.8 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $400.8 million, up 7.97% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.5 billion (up 7.38% YoY), and the FY2025 annual result was $1.4 billion, up 7.06% from the prior year.
- Operating Expenses grew to $400.8 million in Q2 2026, from $370.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $400.8 million in Q2 2026 and troughed at $265.5 million in Q1 2022.
- A 5-year average of $329.1 million and a median of $333.0 million in 2024 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2023, when Operating Expenses gained 19.86%; it then climbed 0.27% in 2024.
- A 5-year view of Operating Expenses shows it 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 rose by 12.24% to $400.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $400.8 million in Q2 2026, $370.7 million in Q1 2026, and $357.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.34 Bn | 243.22 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 164.17 Bn | 163.47 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Parker-Hannifin | 125.61 Bn | 125.13 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Emerson Electric | 87.20 Bn | 85.02 Bn | 2.66 Bn | 1.34 Bn |
| 5 | Cummins | 81.81 Bn | 77.14 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.98 Bn | 80.14 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.69 Bn | 54.19 Bn | 735.04 Mn | 1.52 Bn |
| 8 | Rockwell Automation | 48.36 Bn | 47.88 Bn | 1.14 Bn | 663.00 Mn |
| 9 | Ingersoll Rand | 31.75 Bn | 30.58 Bn | 862.60 Mn | 400.80 Mn |
| 10 | Otis Worldwide | 27.61 Bn | 26.80 Bn | 1.14 Bn | 3.28 Bn |
Historic Data
Download 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 |