Ingersoll Rand reports third-quarter growth and raises buyback authorization

Ingersoll Rand reported third-quarter 2026 revenue of $2.065 billion, up 6% year over year, with adjusted EPS of $1.07, adjusted EBITDA of $584 million and free cash flow of $623 million; orders rose 21% to $2.345 billion. The company updated its 2026 guidance to revenue growth of 5.5% to 7.0%, adjusted EBITDA of $2.13 billion to $2.19 billion and adjusted EPS of $3.58 to $3.70, while its board authorized an additional $2 billion in share repurchases on top of $313 million remaining under the prior authorization. Ingersoll Rand also reported approximately $425.1 million in gross recoveries tied to the ILC Dover transaction and expects to collect the remaining amount in the fourth quarter.