ITT | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.473 B

Revenue: As of FY2026 Q2, the actual value is USD 1.473 B, beating the estimate of USD 1.389 B.

EPS: As of FY2026 Q2, the actual value is USD 0.95, missing the estimate of USD 1.525.

EBIT: As of FY2026 Q2, the actual value is USD 226.2 M.

Second Quarter 2026 Financial Highlights

ITT Inc. reported record revenue of $1.5 billion, reflecting a 51% reported growth and 13% organic growth compared to the prior year, driven by strong performance in Connect & Control Technologies (CCT), Motion Technologies (MT), and Flow Technologies (FT), including the SPX FLOW contribution .

Overall Performance Metrics

• Revenue: $1,473.1 million for Q2 2026, marking a 51.5% increase from $972.4 million in Q2 2025 .
• Organic Growth: 12.7% for Q2 2026 .
• Operating Income: $180.3 million for Q2 2026, a 3.0% increase from $175.1 million in Q2 2025 .
• Operating Margin: 12.2% for Q2 2026, a decrease of 580 basis points from 18.0% in Q2 2025 .
• Adjusted Operating Income: $295.2 million for Q2 2026, a 54.9% increase from $190.6 million in Q2 2025 .
• Adjusted Operating Margin: 20.0% for Q2 2026, an increase of 40 basis points from 19.6% in Q2 2025 .

Segment Revenue and Operating Performance (Q2 2026)

• Flow Technologies (FT):
  • Revenue: $792.5 million, representing a 122.7% reported change and 20.7% organic growth .
  • Operating Income: $62.9 million, a -17.9% reported change .
  • Adjusted Operating Income: 107.8% adjusted change .
  • Operating Margin: 7.9%, a -1,360 basis points reported change .
  • Adjusted Operating Margin: -160 basis points adjusted change .
  • Total orders increased by 91% due to the SPX FLOW acquisition, while organic orders declined by 3% .
• Motion Technologies (MT):
  • Revenue: $386.0 million, with a 5.6% reported change and 1.6% organic growth .
  • Operating Income: $82.1 million, a 15.3% reported change .
  • Adjusted Operating Income: 10.0% adjusted change .
  • Operating Margin: 21.3%, an increase of 180 basis points reported change .
  • Adjusted Operating Margin: 90 basis points adjusted change .
• Connect & Control Technologies (CCT):
  • Revenue: $295.7 million, showing a 17.4% reported change and 17.3% organic growth .
  • Operating Income: $60.8 million, a 35.4% reported change .
  • Adjusted Operating Income: 23.0% adjusted change .
  • Operating Margin: 20.6%, an increase of 280 basis points reported change .
  • Adjusted Operating Margin: 100 basis points adjusted change .

Consolidated Statement of Operations (Three Months Ended July 4, 2026)

• Cost of revenue: $963.0 million .
• Gross profit: $510.1 million .
• General and administrative expenses: $143.9 million .
• Sales and marketing expenses: $87.5 million .
• Research and development expenses: $35.8 million .
• Intangible amortization: $62.6 million .
• Interest expense: $49.7 million .
• Interest income: - $3.8 million .
• Other non-operating income (expense), net: - $0.8 million .
• Income before income tax expense: $135.2 million .
• Income tax expense: $48.7 million .
• Net income attributable to ITT Inc.: $84.9 million .

Cash Flow (Six Months Ended July 4, 2026)

• Net Cash – Operating Activities: $231.1 million .
• Net Cash – Investing Activities: - $3,598.0 million .
• Net Cash – Financing Activities: $2,220.4 million .
• Cash paid for Interest: $53.6 million .
• Cash paid for Income taxes, net of refunds received: $92.2 million .

Quarterly Dividend

ITT Inc. announced a quarterly dividend of $0.386 per share for the third quarter of 2026, payable on Monday, October 5, 2026, to shareholders of record as of Tuesday, September 8, 2026 .

Full Year 2026 Guidance

ITT Inc. raised its full-year 2026 guidance, now expecting organic revenue growth of 5% to 8% and total revenue growth of 38% to 41% . The company anticipates an operating margin between 12.8% and 13.7%, with an adjusted operating margin of 20.0% to 20.9%, an increase of 60 to 150 basis points versus the prior year . Free cash flow is projected to be between $550 million and $580 million, representing a free cash flow margin of 10% to 11% for the full year .