ITT Quarterly Income Statement
NYSE: ITTIndustrialsFluid ControlsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
ITT revenue and earnings
In the quarter ended Jul 4, 2026, ITT generated $1.47 billion in revenue, up 51.5% from the same quarter a year earlier. Net income was $84.9 million (-29.8% year over year), for a net margin of 5.8% versus a median of 12.4% in the prior 5 quarters. Gross margin was 34.6% (down from 36.1%) and operating margin 12.2%.
Diluted earnings per share came in at $0.95, down from $1.52.
Summary generated from market data by MetaCap's automated system. Methodology
ITT income statement (quarterly)
| Quarter (USD) | Q2 20262026-07-04 | Q1 20262026-04-04 | Q4 20252025-12-31 | Q3 20252025-09-27 | Q2 20252025-06-28 | Q1 20252025-03-29 | Q4 20242024-12-31 | Q3 20242024-09-28 | Q2 20242024-06-29 | Q1 20242024-03-30 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.47B | 1.21B | 1.05B | 999.10M | 972.40M | 913.00M | 929.00M | 885.20M | 905.90M | 910.60M | 829.10M | 822.10M |
| Revenue growth (YoY) | +51.49% | +32.74% | +13.46% | +12.87% | +7.34% | +0.26% | +12.05% | +7.68% | +8.63% | +14.12% | +7.04% | +9.09% |
| Cost of Revenue | 963.00M | 783.10M | 679.90M | 643.90M | 621.60M | 589.80M | 612.60M | 570.50M | 589.10M | 609.10M | 540.80M | 542.70M |
| Gross Profit | 510.10M | 428.80M | 374.10M | 355.20M | 350.80M | 323.20M | 316.40M | 314.70M | 316.80M | 301.50M | 288.30M | 279.40M |
| Operating Expenses | 329.80M | 287.60M | 195.40M | 175.40M | 175.70M | 172.30M | 156.50M | 106.10M | 157.10M | 151.60M | 167.20M | 136.30M |
| Research & Development | 35.80M | 33.10M | 26.80M | 28.10M | 27.20M | 25.30M | 28.00M | 28.60M | 29.70M | 30.00M | 25.50M | 25.00M |
| Selling, General & Admin | 231.40M | 227.80M | 168.60M | 147.30M | 136.90M | 133.00M | 128.50M | 125.30M | 127.40M | 121.60M | 126.40M | 111.30M |
| Operating Income | 180.30M | 141.20M | 178.70M | 179.80M | 175.10M | 150.90M | 159.90M | 208.60M | 159.70M | 149.90M | 121.10M | 143.10M |
| Interest Expense | 49.70M | 24.70M | 81.70M | 11.70M | 12.60M | 9.30M | 61.70M | 10.00M | 7.40M | 7.70M | — | 4.20M |
| Other Income (Expense) | 800.00K | 1.90M | 1.20M | 2.90M | -700.00K | 1.00M | -300.00K | 200.00K | 200.00K | -4.40M | 200.00K | -1.40M |
| Pretax Income | 135.20M | 128.80M | 170.50M | 172.50M | 164.20M | 144.30M | 149.70M | 200.40M | 154.10M | 145.50M | 119.80M | 141.70M |
| Income Tax | 48.70M | 49.30M | 38.10M | 44.30M | 42.50M | 35.20M | 22.20M | 38.00M | 33.20M | 33.00M | 24.80M | 29.90M |
| Net Income | 84.90M | 78.00M | 131.70M | 126.90M | 121.00M | 108.40M | 127.00M | 161.60M | 119.70M | 111.50M | 93.20M | 110.80M |
| Net Income growth (YoY) | -29.83% | -28.04% | +3.70% | -21.47% | +1.09% | -2.78% | +36.27% | +45.85% | +10.63% | +11.50% | -19.10% | +8.20% |
| EPS (Basic) | 0.95 | 0.89 | 1.66 | 1.63 | 1.53 | 1.33 | 1.56 | 1.98 | 1.46 | 1.36 | 1.14 | 1.35 |
| EPS (Diluted) | 0.95 | 0.89 | 1.64 | 1.62 | 1.52 | 1.33 | 1.55 | 1.97 | 1.45 | 1.35 | 1.13 | 1.34 |
| Shares Outstanding (Basic) | 89.40M | 87.20M | — | 78.00M | 79.00M | 81.30M | — | 81.60M | 82.00M | 82.20M | — | 82.10M |
| Shares Outstanding (Diluted) | 89.80M | 87.80M | — | 78.40M | 79.40M | 81.70M | — | 82.10M | 82.40M | 82.70M | — | 82.50M |
| EBITDA | 275.70M | 195.40M | 214.00M | 215.00M | 210.60M | 188.10M | 196.50M | 243.30M | 192.10M | 183.50M | 147.50M | 172.10M |
| Gross Margin | 34.63% | 35.38% | 35.49% | 35.55% | 36.08% | 35.40% | 34.06% | 35.55% | 34.97% | 33.11% | 34.77% | 33.99% |
| Operating Margin | 12.24% | 11.65% | 16.95% | 18.00% | 18.01% | 16.53% | 17.21% | 23.57% | 17.63% | 16.46% | 14.61% | 17.41% |
| Net Margin | 5.76% | 6.44% | 12.50% | 12.70% | 12.44% | 11.87% | 13.67% | 18.26% | 13.21% | 12.24% | 11.24% | 13.48% |
This table shows 12 quarterly periods of ITT's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ITT's reporting calendar. What is a income statement?