ITT Inc. (ITT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.21B | 1.05B | 999.1M | 972.4M | 913M | 929M | 885.2M | 905.9M | 910.6M | 829.1M | 822.1M | 833.9M | 797.9M | 774.6M | 753.6M | 733.3M | 726.2M | 685.4M | 689.6M | 691.6M |
| Revenue Growth % | 32.74% | 13.46% | 12.87% | 7.34% | 0.26% | 12.05% | 7.68% | 8.63% | 14.12% | 7.04% | 9.09% | 13.72% | 9.87% | 13.01% | 9.28% | 6.03% | 3.98% | -3.27% | 16.64% | 34.37% |
| Cost of Goods Sold | 783.1M | 679.9M | 643.9M | 625.6M | 596.7M | 612.6M | 571.2M | 589.8M | 609.8M | 543.1M | 542.7M | 553.9M | 536M | 526.3M | 520.2M | 511.1M | 507.8M | 461.5M | 467.6M | 467M |
| COGS % of Revenue | 64.62% | 64.51% | 64.45% | 64.34% | 65.36% | 65.94% | 64.53% | 65.11% | 66.97% | 65.5% | 66.01% | 66.42% | 67.18% | 67.94% | 69.03% | 69.7% | 69.93% | 67.33% | 67.81% | 67.52% |
| Gross Profit | 428.8M | 374.1M | 355.2M | 346.8M | 316.3M | 316.4M | 314M | 316.1M | 300.8M | 286M | 279.4M | 280M | 261.9M | 248.3M | 233.4M | 222.2M | 218.4M | 223.9M | 222M | 224.6M |
| Gross Margin % | 35.38% | 35.49% | 35.55% | 35.66% | 34.64% | 34.06% | 35.47% | 34.89% | 33.03% | 34.5% | 33.99% | 33.58% | 32.82% | 32.06% | 30.97% | 30.3% | 30.07% | 32.67% | 32.19% | 32.48% |
| Gross Profit Growth % | 35.57% | 18.24% | 13.12% | 9.71% | 5.15% | 10.63% | 12.38% | 12.89% | 14.85% | 15.18% | 19.71% | 26.01% | 19.92% | 10.9% | 5.14% | -1.07% | -4.63% | 2.42% | 16.47% | 37.29% |
| Operating Expenses | 260.9M | 195.4M | 175.4M | 171.7M | 165.4M | 156.5M | 106.1M | 157.1M | 151.6M | 167.2M | 136.3M | 138M | 137.6M | 97.4M | 111.4M | 121.7M | 123.8M | 110.8M | 120.3M | 45M |
| OpEx % of Revenue | 21.53% | 18.54% | 17.56% | 17.66% | 18.12% | 16.85% | 11.99% | 17.34% | 16.65% | 20.17% | 16.58% | 16.55% | 17.25% | 12.57% | 14.78% | 16.6% | 17.05% | 16.17% | 17.44% | 6.51% |
| Selling, General & Admin | 227.8M | 168.6M | 147.3M | 142.7M | 138.5M | 128M | 125.3M | 127.2M | 121.6M | 141.8M | 111.3M | 112.4M | 111.4M | 85.3M | 87M | 97.4M | 98.8M | 84.5M | 97.8M | 98.6M |
| SG&A % of Revenue | 18.8% | 16% | 14.74% | 14.67% | 15.17% | 13.78% | 14.16% | 14.04% | 13.35% | 17.1% | 13.54% | 13.48% | 13.96% | 11.01% | 11.54% | 13.28% | 13.61% | 12.33% | 14.18% | 14.26% |
| Research & Development | 33.1M | 26.8M | 28.1M | 29M | 26.9M | 28M | 28.6M | 29.7M | 30M | 25.5M | 25M | 25.7M | 26.4M | 22.8M | 24.4M | 24.3M | 25M | 24.9M | 22.5M | 23.2M |
| R&D % of Revenue | 2.73% | 2.54% | 2.81% | 2.98% | 2.95% | 3.01% | 3.23% | 3.28% | 3.29% | 3.08% | 3.04% | 3.08% | 3.31% | 2.94% | 3.24% | 3.31% | 3.44% | 3.63% | 3.26% | 3.35% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 500K | -1000K | 200K | 0 | -100K | 0 | -100K | -200K | -1000K | 0 | 0 | 0 | 1000K | 0 | -1000K |
| Operating Income | 141.2M | 178.7M | 179.8M | 175.1M | 150.9M | 159.9M | 207.9M | 159M | 149.2M | 118.8M | 143.1M | 142M | 124.3M | 150.9M | 122M | 100.5M | 94.6M | 113.1M | 101.7M | 179.6M |
| Operating Margin % | 11.65% | 16.95% | 18% | 18.01% | 16.53% | 17.21% | 23.49% | 17.55% | 16.38% | 14.33% | 17.41% | 17.03% | 15.58% | 19.48% | 16.19% | 13.71% | 13.03% | 16.5% | 14.75% | 25.97% |
| Operating Income Growth % | -6.43% | 11.76% | -13.52% | 10.13% | 1.14% | 34.6% | 45.28% | 11.97% | 20.03% | -21.27% | 17.3% | 41.29% | 31.4% | 33.42% | 19.96% | -44.04% | -13.92% | -28.96% | 262.72% | 776.1% |
| EBITDA | 141.2M | 214M | 215M | 210.6M | 188.1M | 196.5M | 242.6M | 191.4M | 182.8M | 145.2M | 172.1M | 169.1M | 151M | 176.8M | 148.2M | 128.5M | 121.9M | 140.9M | 129.8M | 208.3M |
| EBITDA Margin % | 11.65% | 20.3% | 21.52% | 21.66% | 20.6% | 21.15% | 27.41% | 21.13% | 20.07% | 17.51% | 20.93% | 20.28% | 18.92% | 22.82% | 19.67% | 17.52% | 16.79% | 20.56% | 18.82% | 30.12% |
| EBITDA Growth % | -24.93% | 8.91% | -11.38% | 10.03% | 2.9% | 35.33% | 40.96% | 13.19% | 21.06% | -17.87% | 16.13% | 31.6% | 23.87% | 25.48% | 14.18% | -38.31% | -11.92% | -25.61% | 470.86% | 337.61% |
| D&A (Non-Cash Add-back) | 0 | 35.3M | 35.2M | 35.5M | 37.2M | 36.6M | 34.7M | 32.4M | 33.6M | 26.4M | 29M | 27.1M | 26.7M | 25.9M | 26.2M | 28M | 27.3M | 27.8M | 28.1M | 28.7M |
| EBIT | 0 | 185M | 184.2M | 176.8M | 153.6M | 161.2M | 209.7M | 160.8M | 152.5M | 120.5M | 145.9M | 144M | 127.5M | 151.1M | 122M | 100.5M | 95M | 25.7M | 101.7M | 90.8M |
| Net Interest Income | 0 | -9.4M | -10.2M | -10.2M | -7.6M | -9.9M | -8.4M | -5.8M | -4.4M | -3M | -2.3M | -2.5M | -3.3M | -3.8M | -2.3M | -500K | -200K | -3.2M | -500K | -3.5M |
| Interest Income | -10.4M | 5.1M | 1.5M | 2.4M | 1.7M | 1.6M | 1.6M | 1.6M | 3.3M | 0 | 1.9M | 2M | 3.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 24.7M | 14.5M | 11.7M | 12.6M | 9.3M | 11.5M | 10M | 7.4M | 7.7M | 3M | 4.2M | 4.5M | 6.7M | 3.8M | 2.3M | 500K | 200K | 3.2M | 500K | 3.5M |
| Other Income/Expense | -12.4M | -8.2M | -7.3M | -10.9M | -6.6M | -10.2M | -8.2M | -5.6M | -4.4M | -1.3M | -1.4M | -2.5M | -3.5M | -3.6M | -2.3M | -500K | 200K | 500K | -500K | 3.5M |
| Pretax Income | 128.8M | 170.5M | 172.5M | 164.2M | 144.3M | 149.7M | 199.7M | 153.4M | 144.8M | 117.5M | 141.7M | 139.5M | 120.8M | 147.3M | 119.7M | 100M | 94.8M | 113.6M | 101.2M | 183.1M |
| Pretax Margin % | 10.63% | 16.18% | 17.27% | 16.89% | 15.8% | 16.11% | 22.56% | 16.93% | 15.9% | 14.17% | 17.24% | 16.73% | 15.14% | 19.02% | 15.88% | 13.64% | 13.05% | 16.57% | 14.68% | 26.47% |
| Income Tax | 49.3M | 38.1M | 44.3M | 42.5M | 35.2M | 22.2M | 37.8M | 33M | 32.8M | 24.2M | 29.9M | 30.6M | 20.1M | 31.2M | 16.4M | 24M | 19.5M | 6.9M | 14.1M | 143.9M |
| Effective Tax Rate % | 38.28% | 22.35% | 25.68% | 25.88% | 24.39% | 14.83% | 18.93% | 21.51% | 22.65% | 20.6% | 21.1% | 21.94% | 16.64% | 21.18% | 13.7% | 24% | 20.57% | 6.07% | 13.93% | 78.59% |
| Net Income | 78M | 131.7M | 126.9M | 121M | 108.4M | 127M | 161.1M | 119.2M | 111M | 91.5M | 110.8M | 108.2M | 100M | 115.2M | 102.4M | 74.6M | 74.8M | 103.6M | 87.5M | 39M |
| Net Margin % | 6.44% | 12.5% | 12.7% | 12.44% | 11.87% | 13.67% | 18.2% | 13.16% | 12.19% | 11.04% | 13.48% | 12.98% | 12.53% | 14.87% | 13.59% | 10.17% | 10.3% | 15.12% | 12.69% | 5.64% |
| Net Income Growth % | -28.04% | 3.7% | -21.23% | 1.51% | -2.34% | 38.8% | 45.4% | 10.17% | 11% | -20.57% | 8.2% | 45.04% | 33.69% | 11.2% | 17.03% | 91.28% | -13.23% | 867.41% | 286.97% | -18.75% |
| Net Income (Continuing) | 78M | 132.4M | 128.2M | 121.7M | 109.1M | 127.5M | 161.9M | 120.4M | 112M | 93.3M | 111.8M | 108.9M | 100.7M | 116.1M | 103.3M | 76M | 75.3M | 106.7M | 87.1M | 39.2M |
| Discontinued Operations | 0 | 0 | -100K | 0 | 0 | 100K | -200K | 0 | 0 | -900K | 0 | 0 | 0 | 0 | -100K | -1000K | 0 | 600K | 900K | 0 |
| Minority Interest | 7.7M | 6.9M | 7.4M | 7.1M | 6.5M | 7M | 6.5M | 12.6M | 11.5M | 10.9M | 10.1M | 10.7M | 10M | 9.3M | 8.5M | 8.3M | 5.3M | 4.9M | 2M | 2.1M |
| EPS (Diluted) | 0.89 | 1.64 | 1.62 | 1.52 | 1.33 | 1.55 | 1.96 | 1.45 | 1.35 | 1.11 | 1.34 | 1.31 | 1.20 | 1.39 | 1.23 | 0.89 | 0.88 | 1.20 | 1.01 | 0.45 |
| EPS Growth % | -33.08% | 5.81% | -17.35% | 4.83% | -1.48% | 39.64% | 46.27% | 10.69% | 12.5% | -20.14% | 8.94% | 47.19% | 36.36% | 15.83% | 21.78% | 97.78% | -11.11% | 850% | 287.04% | -18.18% |
| EPS (Basic) | 0.89 | 1.65 | 1.63 | 1.53 | 1.33 | 1.56 | 1.98 | 1.46 | 1.36 | 1.11 | 1.35 | 1.31 | 1.21 | 1.39 | 1.24 | 0.90 | 0.88 | 1.21 | 1.02 | 0.45 |
| Diluted Shares Outstanding | 87.8M | 80.3M | 78.4M | 81.7M | 81.7M | 82.3M | 82.1M | 82.4M | 82.7M | 82.6M | 82.5M | 82.6M | 83M | 83.1M | 83M | 83.4M | 85.2M | 86.1M | 86.3M | 86.5M |
| Basic Shares Outstanding | 87.2M | 79.8M | 78M | 81.3M | 81.3M | 81.8M | 81.6M | 82M | 82.2M | 82.1M | 82.1M | 82.4M | 82.6M | 82.7M | 82.7M | 83.1M | 84.8M | 85.6M | 85.9M | 86.1M |
| Dividend Payout Ratio | 44.87% | 20.88% | 21.51% | 22.73% | 26.48% | 20.47% | 16.2% | 21.9% | 23.87% | 26.12% | 21.48% | 22.09% | 24.2% | 18.92% | 21.29% | 29.36% | 29.95% | 18.15% | 21.6% | 48.72% |