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ITT Inc. 10-Q Filings

ITT NYSE

Every 10-Q that ITT Inc. (ITT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow ITT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ITT filings page.

Rhea-AI Summary

ITT Inc. reported Q2 2026 revenue of $1,473.1 million, up 51.5% from $972.4 million, including $359.6 million from the SPX FLOW acquisition and 12.7% organic growth led by Flow Technologies and aerospace and defense. Gross margin was 34.6%, down 150 bps.

Operating income rose slightly to $180.3 million but operating margin fell to 12.2% from 18.0% as intangible amortization increased to $62.6 million. Net income attributable to ITT declined to $84.9 million and diluted EPS to $0.95 from $1.52, with interest expense up to $49.7 million and the effective tax rate at 36.0%.

Total assets grew to $11,036.3 million after the SPX FLOW purchase for $4,311.3 million funded by $3,534.1 million of cash and $777.2 million of equity, driving goodwill to $3,873.6 million and other intangibles to $3,076.4 million. Total debt increased to $3,728.2 million, while operating cash flow was $231.1 million for the first half of 2026.

Rhea-AI Summary

ITT Inc. reported Q1 2026 revenue of $1,211.9 million, up 32.7% from Q1 2025, driven by the acquisition of SPX FLOW, organic growth of 10.8%, and favorable currency. Flow Technologies led growth, with strong pump projects, valves, and expanded scale from SPX FLOW.

Despite higher sales, operating income fell 6.4% to $141.2 million and operating margin declined to 11.7% as acquisition-related costs and higher intangible amortization offset volume and productivity benefits. Diluted EPS from continuing operations decreased to $0.89, while adjusted EPS rose 25.3% to $1.98 on stronger segment performance.

The SPX FLOW purchase totaled $4,309.9 million (net of cash), funded with cash and $777.2 million of equity, adding significant goodwill and intangibles. Debt increased to $3,852.3 million, including a $2,875.0 million delayed-draw term loan, and cash declined to $602.2 million after closing. Management highlighted higher interest expense, a higher effective tax rate of 38.3%, and continued focus on integration, productivity, and managing macroeconomic and geopolitical risks.

Rhea-AI Summary

ITT Inc. reported Q3 results with revenue of $999.1 million, up from $885.2 million a year ago. Operating income was $179.8 million versus $208.6 million, as the prior year included a $47.8 million gain on a business sale. Diluted EPS was $1.62 compared with $1.97, and net income attributable to ITT was $126.9 million versus $161.6 million.

All segments grew revenue: Motion Technologies $355.6 million, Industrial Process $383.9 million, and Connect & Control Technologies $259.2 million. Segment operating margins were 21.4% (IP), 19.6% (MT), and 17.8% (CCT). Year-to-date operating cash flow reached $441.0 million. The company repurchased $504.9 million of shares year‑to‑date, ending with 78.0 million shares outstanding, and total debt rose to $995.7 million, including a $575.0 million term loan; a new revolving credit facility provides up to $1,100 million. Backlog was $1,886.1 million, with 85%–90% expected to convert to revenue over the next 15 months. ITT also changed inventory accounting from LIFO to FIFO with retrospective adjustments.