ITT : Financial Results Q1 (a08c33)

Published: 2026-05-06 06:48:10 ET ITT

Published on 05/06/2026 at 06:48 am EDT

Q1 2026 Earnings

May 6, 2026

Shown: Johnson pumps in a drinking water facility in the Netherlands

Pumped UP

Q1'26

Total orders growth

Organic orders growth

+26%

+8%

Total revenue growth

Organic revenue growth

+33%

+11%

Adjusted operating margin1

Operating income growth

20.3%

+42%

Adjusted EPS1 Adjusted EPS growth

$1.98

+25%

Strong organic growth

• +11% revenue with all businesses contributing: CCT +17%, MT +5%, Flow Technologies (FT) +12%

Continued Friction OE outperformance (>1,400 bps) across all regions

• +8% orders driven by +14% flow short cycle, +41% aerospace and +47% industrial connectors

Expanding margin through relentless execution

• +130 bps operating margin1 expansion

23.7% FT (+100 bps) driven by volume, productivity, and price

• +130 bps in MT to 21.1% from productivity, volume and FX

19.3% CCT, +20% operating income driven by volume growth and price

Capital deployment momentum

Closed SPX FLOW acquisition on March 2nd, established Flow Technologies segment

Strong start for SPX FLOW, Q1 orders +5% and revenue +14% vs. PY

Fast start to $80M synergy capture

Executed $100M share repurchases in March

Initiating FY EPS guidance; up 9% at the midpoint

• +37% total revenue growth (+5% organic) at midpoint and book-to-bill >1.0x

SPX FLOW expected to contribute low-teens net adjusted EPS accretion

Expect FY 2026 EPS range of $7.70 to $8.00

All results unaudited. Comparisons to Q1 2025 unless otherwise noted. For non-GAAP reconciliations, refer to appendix

Revised adjusted operating income and adjusted income from continuing operations definitions exclude acquisition-related intangible amortization

Organic growth compounded by SPX FLOW

+37%

+8%

+11%

+10%

Revenue

(total growth %)

2023 2024 2025 2026E

Global defense ramp-up with F-35 and RSS awards in the US and ground vehicles, radar, and precision-guided systems in Europe

Aerospace recovery, wide-body ramp-up

KONI growth of >30% since 2022 to a ~$200M growth platform, HST leader

Sustained global Friction OE outperformance (>1,400 bps in Q1),

+10%

+9%

Orders

(total growth %)

continue conquering platforms to expand future market share

15% Flow revenue CAGR since 2022; +12% organic in Q1 (+61% total incl. SPX FLOW) driven by Svanehøj (+44%) and short-cycle (+10%)

1.09x book-to-bill in Q1 2026 and +13% legacy ITT orders growth

$2.5B backlog; excluding SPX FLOW, ITT backlog ~2x since 2023

2023 2024 2025 2026E

Book-to-bill

1.05x

1.04x

1.06x

>1x

HST: High-speed train 4

Q1 Summary Results

Revenue

1 Adjusted Operating

Income and Margin2

Adjusted EPS2 Free Cash Flow

+33%

total

$913M

$1,212M

20.3%

19.0%

$173M

$246M

+25%

$1.58

$1.98

2026

2025

2026

2025

2026

2025

2026

$77M

$14M

Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026

Broad order strength; book-to-bill 1.09x

• +11% organic growth across all segments.

Includes 4 additional working days vs PY

+ CCT (+17%), aerospace (+33%), defense (+10%)

and industrial (+21%)

+ FT (+12%) driven by projects (+16%), short-cycle (+10%)

+ MT (+5%), Friction OE outperformance

>1,400 bps

+42% operating income growth and 130 bps margin expansion

+ Shop floor productivity

+ Volume growth and pricing actions

+ Month one SPX FLOW contribution

+ FX impact

+ Higher adjusted operating income driven by growth from all segments

+ SPX FLOW accretion, net of higher interest, tax rate and share count related to acquisition

+ Strong underlying segment cash flow

+ Contribution from SPX FLOW

$71M impact from one-time acquisition-related expenses

+ ITT free cash flow up 10%, excluding one-time acquisition-related expenses

Higher interest

+ 17 pts of total growth from SPX FLOW acquisition, 5 pts from FX

All growth percentages organic unless otherwise noted

Revised adjusted operating income and adjusted income from continuing operations definitions exclude acquisition-related intangible amortization All results unaudited. Comparisons to Q1 2025 unless otherwise noted. For non-GAAP reconciliations, refer to appendix

Q1 Adjusted EPS Bridge1

$1.45

$0.23

$0.04

$1.58

$0.13

$1.98

Intangible

Amortization

$0.15

($0.02)

+25%

+ Profitable growth due to productivity and pricing actions

(4 additional working days, to be reabsorbed in second half)

+ Immediate accretion from SPX FLOW, net of

higher interest, tax rate and share count

+ FX impact, primarily due to weaker USD

± Incremental VIDAR, FLRAA, high-performance

friction and geo-pad investments

Adjusted Q1 2025 EPS reflects acquisition-related intangible amortization add-back

Q1 2025 Operational Performance

SPX FLOW, net FX Incremental Strategic Growth

Investments

Q1 2026

All results unaudited. Comparisons to Q1 2025 unless otherwise noted. For non-GAAP reconciliations, refer to appendix

1. Revised adjusted operating income and adjusted income from continuing operations definitions exclude acquisition-related intangible amortization

Speaker

Topic

2026 Outlook

Shown: Bran + Luebbe multi-headed NOVADOS metering pumps for an oil & gas application

2026 Outlook

Value Creation in the Core...

Differentiation in execution and innovation furthers market share gains

Large flow backlog, aero and defense growth, friction outperformance

$2B legacy ITT backlog, +24% vs. Y/E 2024

Shop floor productivity and volume growth driving margin expansion

…compounded by SPX FLOW

Robust pipeline and favorable end-market growth led by protein fortification

Expect HSD revenue growth and net adjusted EPS accretion in the low teens

Fast start to $80M cost synergies target

Guidance

Revenue

growth

+36% to +38% total

+4% to +6% organic

Adjusted operating margin1

19.7% to 20.6%

+30 bps to +120 bps

Adjusted

EPS1

$7.70 to $8.00

7% to 11% growth

Free Cash

Flow

$540M to $580M

10% to 11% margin

Comparisons to 2025 unless otherwise noted For non-GAAP reconciliations, refer to appendix

1. Revised adjusted operating income and adjusted income from continuing operations definitions exclude acquisition-related intangible amortization

FY Adjusted EPS Outlook1

$7.19

$0.35 - $0.55

$0.10 - $0.14

$0.14 - $0.18

($0.06) - ($0.08)

+7% to +11%

Intangible

Amortization

$6.72

$0.47

$7.70 - $8.00

2025 EPS Operational

Performance

SPX FLOW, net FX Incremental Strategic Growth Investments

2026 Outlook

Comparisons to 2025 unless otherwise noted. For non-GAAP reconciliations, refer to appendix

1. Revised adjusted operating income and adjusted income from continuing operations definitions exclude acquisition-related intangible amortization

Key Takeaways

Legacy businesses firing on all cylinders

Fast start with SPX FLOW

Relentless execution for GROWTH

Supplemental

Q1 | Segment Summary Results

Flow Technologies

Motion Technologies

Connect & Control Technologies

+12%

+5%

+17%

$127M

$84M

$54M

23.7%

21.1%

19.3%

Organic Revenue Growth

Adjusted Segment Operating Income1

Adjusted Segment Operating Margin1

+44% total order growth and +7% organic order growth driven by short-cycle (+14%), with strength in valves and aftermarket

• +12% organic revenue growth driven by pump projects (+16%), and short-cycle (+10%)

1.09x book-to-bill

• +100 bps margin expansion

>1,400 bps Friction OE outperformance

• +16% rail organic orders, +7% revenue

• +130 bps margin expansion

Favorable FX impact

• +10% organic order growth driven by aero components (+47%) and (+19%) connectors; impact of large PY kSARIA award

1.18x book-to-bill

• +17% organic revenue growth driven by aero and defense (+17%) and industrial (+21%)

Excl. kSARIA, margin +70 bps in Q1

All results unaudited. Comparisons to Q1 2025 unless otherwise noted. For non-GAAP reconciliations, refer to appendix

Revised adjusted operating income and adjusted income from continuing operations definitions exclude acquisition-related intangible amortization

Adjusted Operating Margin Detail1

19.0%

+100 bps

+30 bps

(-60) bps

+40 bps

+20 bps

20.3%

(-860 bps)

11.7%

2025 adjusted operating margin

Operating leverage

Productivity Materials inflation

FX impact M&A, net

2026 adjusted operating margin

Reconciliation to reported margin (special items)

2026 operating margin

All results unaudited. Comparisons to Q1 2025 unless otherwise noted. For non-GAAP reconciliations, refer to appendix

Revised adjusted operating income and adjusted income from continuing operations definitions exclude acquisition-related intangible amortization 13

Additional FY 2026 Planning Assumptions

Item

FY 2026E

Assumptions

EUR / USD FX rate

~1.16

Reduced EUR / USD risk through FX hedge

Tax rate

~25%

Impacted by SPX FLOW jurisdictional mix

Share count

~90M

Impacted by ~8 million shares issued in December 2025 equity offering and Lone Star private placement in March 2026

$100M share repurchases in March 2026

Corporate expense

~($75M) to ~($85M)

Interest expense, net

~($140M)

Debt related to SPX FLOW acquisition

Expect to achieve ~2.5x net leverage ratio by end of 2026

Key Performance Indicators & Non-GAAP Measures

Management reviews a variety of key performance indicators including revenue, operating income and margin, earnings per share, order growth, and backlog. In addition, we consider certain measures to be useful to management and investors when evaluating our operating performance for the periods presented. These measures provide a tool for evaluating our ongoing operations and management of assets from period to period. This information can assist investors in assessing our financial performance and measures our ability to generate capital for deployment among competing strategic alternatives and initiatives, including, but not limited to, acquisitions, dividends, and share repurchases. Some of these metrics, however, are not measures of financial performance under accounting principles generally accepted in the United States of America (GAAP) and should not be considered a substitute for measures determined in accordance with GAAP. We consider the following non-GAAP measures, which may not be comparable to similarly titled measures reported by other companies, to be key performance indicators for purposes of our reconciliation tables.

Organic Revenue and Organic Orders are defined, respectively, as revenue and orders, excluding the impacts of foreign currency fluctuations, acquisitions, and divestitures that may or may not qualify as discontinued operations. Current year activity from acquisitions is excluded for twelve months following the closing date of acquisition. The period-over-period change resulting from foreign currency fluctuations is estimated using a fixed exchange rate for both the current and prior periods. Prior year revenue and orders are adjusted to exclude activity during the comparable period for twelve months post-closing date for divestitures that do not qualify as discontinued operations. We believe that reporting organic revenue and organic orders provide useful information to investors by helping identify underlying trends in our business and facilitating comparisons of our revenue performance with prior and future periods and to our peers.

Adjusted Operating Income is defined as operating income adjusted to exclude special items that include, but are not limited to, restructuring, intangible amortization, certain asset impairment charges, certain acquisition- and divestiture-related impacts, and unusual or infrequent operating items. Special items represent charges or credits that impact current results, which management views as unrelated to the Company's ongoing operations and performance. Adjusted Operating Margin is defined as adjusted operating income divided by revenue. We believe these financial measures are useful to investors and other users of our financial statements in evaluating ongoing operating profitability, as well as in evaluating operating performance in relation to our competitors.

Adjusted Income from Continuing Operations is defined as income from continuing operations attributable to ITT Inc. adjusted to exclude special items that include, but are not limited to, restructuring, intangible amortization, certain asset impairment charges, certain acquisition- and divestiture-related impacts, income tax settlements or adjustments, and unusual or infrequent items. Special items represent charges or credits, on an after-tax basis, that impact current results, which management views as unrelated to the Company's ongoing operations and performance. The after-tax basis of each special item is determined using the jurisdictional tax rate of where the expense or benefit occurred and the tax deductibility under local tax rules. Adjusted Income from Continuing Operations per Diluted Share (Adjusted EPS) is defined as adjusted income from continuing operations divided by diluted weighted average common shares outstanding. We believe that adjusted income from continuing operations and adjusted EPS are useful to investors and other users of our financial statements in evaluating ongoing operating profitability, as well as in evaluating operating performance in relation to our competitors.

Free Cash Flow is defined as net cash provided by operating activities less capital expenditures net of capital-related government incentives. Free Cash Flow Margin is defined as free cash flow divided by revenue. We believe that free cash flow and free cash flow margin provide useful information to investors as it provides insight into a primary cash flow metric used by management to monitor and evaluate cash flows generated by our operations.

ITT Inc. Non-GAAP Reconciliation Statements

(In millions; all amounts unaudited)

Reconciliation of Revenue to Organic Revenue

First Quarter 2026

FT MT CCT Elim Total

2026 Revenue

$ 537.4

$ 397.2

$ 278.5

$ (1.2)

$ 1,211.9

Less: Acquisitions

151.4

Less: Foreign currency translation

12.1

32.8

2.8

0.1

47.8

2026 Organic revenue

$ 373.9

$ 364.4

$ 275.7

$ (1.3)

$ 1,012.7

2025 Revenue

333.3

346.1

234.7

(1.1)

913.0

Organic Revenue Growth - $

$ 40.6

$ 18.3

$ 41.0

$ 99.7

Organic Revenue Growth - %

12.2%

5.3%

17.5%

10.9%

Reported Revenue Growth - $

$ 204.1

$ 51.1

$ 43.8

$ 298.9

Reported Revenue Growth - %

61.2%

14.8%

18.7%

32.7%

Reconciliation of Orders to Organic Orders

First Quarter 2026

FT MT CCT Elim Total

2026 Orders

$ 583.8

$ 407.0

$ 328.7

$ (0.6)

$ 1,318.9

Less: Acquisitions

134.8

Less: Foreign currency translation

17.4

32.7

2.7

0.1

52.9

2026 Organic orders

$ 431.6

374.3

326.0

(0.7)

1,131.2

2025 Orders

404.6

347.9

295.5

(1.5)

1,046.5

Organic Orders Growth - $

$ 27.0

$ 26.4

$ 30.5

$ 84.7

Organic Orders Growth - %

6.7%

7.6%

10.3%

8.1%

Reported Orders Growth - $

$ 179.2

$ 59.1

$ 33.2

$ 272.4

Reported Orders Growth - %

44.3%

17.0%

11.2%

26.0%

Note: Immaterial differences due to rounding. 16

(In millions; all amounts unaudited)

Reconciliations of Operating Income/Margin to Adjusted Operating Income/Margin

First Quarter 2026 First Quarter 2025

FT MT CCT Corporate ITT FT MT CCT Corporate ITT

Reported Operating Income

$ 82.1

$ 83.4

$ 49.2

$ (73.5)

$ 141.2

$ 63.5

$ 67.6

$ 36.0

$ (16.2)

$ 150.9

Restructuring costs

7.7

0.5

1.1

1.5

10.8

4.2

0.2

2.1

6.5

Acquisition-related costs

14.4

0.1

53.0

67.5

0.4

(0.1)

0.3

Intangible amortization [a]

23.0

0.3

3.4

26.7

6.8

0.2

7.0

14.0

Other special items

0.1

(0.6)

(0.1)

(0.6)

0.9

0.7

1.6

Adjusted Operating Income

$ 127.3

$ 83.6

$ 53.8

$ (19.1)

$ 245.6

$ 75.8 $ 68.7 $ 45.0 $ (16.2) $ 173.3

Change in Operating Income

29.3%

23.4%

36.7%

353.7%

(6.4%)

Change in Adjusted Operating Income

67.9%

21.7%

19.6%

17.9%

41.7%

Reported Operating Margin

15.3%

21.0%

17.7%

11.7%

19.1%

19.5%

15.3%

16.5%

Impact of special item adjustments

840 bps

10 bps

160 bps

860 bps

360 bps 30 bps 390 bps 250 bps

Adjusted Operating Margin

23.7%

21.1%

19.3%

20.3%

22.7% 19.8% 19.2% 19.0%

Change in Operating Margin

Change in Adjusted Operating Margin

-380 bps

100 bps

150 bps

130 bps

240 bps

10 bps

-480 bps

130 bps

Note: Immaterial differences due to rounding.

[a] Starting in the first quarter of 2026, we have updated our definition of adjusted operating income and margin to exclude intangible amortization expense. Accordingly, we have updated the previously reported prior year adjusted result to reflect the new definition.

(In millions, except earnings per share; all amounts unaudited)

Reconciliation of Reported vs. Adjusted Income from Continuing Operations and Diluted EPS

Income from Continuing Operations Diluted Earnings per Share

Q1 2026 Q1 2025

% Change

Q1 2026 Q1 2025

% Change

Reported

$ 78.0 $ 108.4

(28.0%)

$ 0.89 $ 1.33

(33.1%)

Special Items Expense / (Income):

Restructuring costs

10.8 6.5

0.12 0.08

Acquisition-related costs

67.5 0.3

0.77 -

Intangible amortization [a]

26.7 14.0

0.30 0.17

Other pre-tax special items

(0.6) 1.6

(0.01) 0.02

Net tax benefit of pre-tax special items

(26.1) (4.8)

(0.30) (0.06)

Other tax-related special items [b][c]

17.4 3.4

0.21 0.04

Adjusted

$ 173.7 $ 129.4

34.2%

$ 1.98 $ 1.58

25.3%

Note: Amounts may not calculate due to rounding.

Per share amounts are based on diluted weighted average common shares outstanding.

Starting in the first quarter of 2026, we have updated our definition of adjusted income from continuing operations and adjusted EPS to exclude intangible amortization expense. Accordingly, we have updated the previously reported prior year adjusted result to reflect the new definition.

Other tax-related special items for Q1 2026 include tax expense related to undistributed foreign earnings of $6.4, tax expense of $9.4 associated with amended tax filings in Luxembourg, tax expense of $1.8 related to transaction-related costs incurred in connection with the SPX FLOW acquisition, and other special-item tax (benefits) of $(0.3).

Other tax-related special items for Q1 2025 includes tax on undistributed foreign earnings ($2.5M) and other tax special items ($0.9M).

(In millions, except earnings per share; all amounts unaudited)

Three Months Ended 2026 Guidance

4/4/2026 3/29/2025 Low High

Net Cash - Operating Activities

$ 39.9

$ 113.4

$ 690

$ 730

Capital expenditures

26.1

36.8

150

Free Cash Flow

$ 13.8

$ 76.6

$ 540

$ 580

Revenue

1,211.9

913.0

5,385

[a]

Operating Cash Flow Margin

3.3%

12.4%

13%

14%

Free Cash Flow Margin

1.1%

8.4%

10%

11%

[a] Revenue included in the full year 2026 free cash flow margin guidance represents the expected revenue growth mid-point.

(In millions, except earnings per share; all amounts unaudited)

2026 Guidance

Low High

EPS from Continuing Operations - GAAP

$ 4.15

$ 4.45

Intangible Amortization

2.91

Estimated acquisition-related costs

1.29

Estimated restructuring costs

0.22

Tax benefit on pre-tax special items

(1.10)

Other tax-related special items

0.23

EPS from Continuing Operations - Adjusted

$ 7.70

$ 8.00

Note: The Company has provided forward-looking non-GAAP financial measures for organic revenue growth and adjusted operating margin. It is not possible, without unreasonable efforts, to estimate the impacts of foreign currency fluctuations, acquisitions, divestitures and certain other special items that may occur in 2026 as these items are inherently uncertain and difficult to predict. As a result, the Company is unable to quantify certain amounts that would be included in a reconciliation of organic revenue growth and adjusted operating margin to the most directly comparable GAAP financial measures without unreasonable efforts and accordingly has not provided reconciliations for these forward looking non-GAAP financial measures.

ITT Inc. Non-GAAP Reconciliation Statements

(In millions; all amounts unaudited)

Impact of Intangible Amortization Special Item Revision to Adjusted Operating Income/Margin for 2025

First Quarter 2025

FT MT CCT Corporate ITT

Adjusted operating income (as previously reported)

$ 69.0

$ 68.5

$ 38.0

$ (16.2)

$ 159.3

Intangible amortization costs

6.8

0.2

7.0

14.0

Revised adjusted operating income

$ 75.8

$ 68.7

$ 45.0

$ (16.2)

$ 173.3

Adjusted operating margin (as previously reported)

Impact of intangible amortization adjustment

20.7%

200 bps

19.8%

10 bps

16.2%

300 bps

17.4%

150 bps

Revised adjusted operating margin

22.7%

19.8%

19.2%

19.0%

Second Quarter 2025 Six Months Ended 2025

FT MT CCT Corporate ITT FT MT CCT Corporate ITT

Adjusted operating income (as previously reported)

$ 77.5

$ 73.8

$ 45.1

$ (17.4)

$ 179.0

$ 146.5

$ 142.3

$ 83.1

$ (33.6)

$ 338.3

Intangible amortization costs

4.3

0.2

7.1

11.6

11.1

0.4

14.1

25.6

Revised adjusted operating income

$ 81.8

$ 74.0

$ 52.2

$ (17.4)

$ 190.6

$ 157.6

$ 142.7

$ 97.2

$ (33.6)

$ 363.9

Adjusted operating margin (as previously reported)

21.8%

20.2%

17.9%

18.4%

21.3%

20.0%

17.1%

17.9%

Impact of intangible amortization adjustment

120 bps

10 bps

280 bps

120 bps

160 bps

10 bps

290 bps

140 bps

Revised adjusted operating margin

23.0%

20.2%

20.7%

19.6%

22.9%

20.0%

19.3%

Third Quarter 2025 Nine Months Ended 2025

FT MT CCT Corporate ITT FT MT CCT Corporate ITT

Adjusted operating income (as previously reported)

$ 83.7

$ 71.9

$ 47.5

$ (18.4)

$ 184.7

$ 230.1

$ 214.2

$ 130.6

$ (51.9)

$ 523.0

Intangible amortization costs

3.8

0.2

7.0

0.1

11.1

15.0

0.7

21.1

(0.1)

36.7

Revised adjusted operating income

$ 87.5

$ 72.1

$ 54.5

$ (18.3)

$ 195.8

$ 245.1

$ 214.9

$ 151.7

$ (52.0)

$ 559.7

Adjusted operating margin (as previously reported)

21.8%

20.2%

18.3%

18.5%

21.4%

20.1%

17.5%

18.1%

Impact of intangible amortization adjustment

100 bps

10 bps

270 bps

110 bps

140 bps

10 bps

280 bps

130 bps

Revised adjusted operating margin

22.8%

20.3%

21.0%

19.6%

22.8%

20.1%

20.3%

19.4%

Fourth Quarter 2025 Twelve Months Ended 2025

FT MT CCT Corporate ITT FT MT CCT Corporate ITT

Adjusted operating income (as previously reported)

$ 94.9

$ 71.0

$ 51.1

$ (22.9)

$ 194.1

$ 325.0

$ 285.2

$ 181.8

$ (74.9)

$ 717.1

Intangible amortization costs

3.8

0.3

6.5

10.6

18.9

1.0

27.5

(0.1)

47.3

Revised adjusted operating income

$ 98.7

$ 71.3

$ 57.6

$ (22.9)

$ 204.7

$ 343.9

$ 286.2

$ 209.3

$ (75.0)

$ 764.4

Adjusted operating margin (as previously reported)

22.4%

19.7%

18.8%

18.4%

21.7%

20.0%

17.9%

18.2%

Impact of intangible amortization adjustment

90 bps

10 bps

240 bps

100 bps

130 bps

10 bps

270 bps

120 bps

Revised adjusted operating margin

23.3%

19.8%

21.2%

19.4%

23.0%

20.0%

20.6%

19.4%

Note: Corporate may include a rounding adjustment to support column and row calculations.

(In millions, except earnings per share; all amounts unaudited)

Impact of Intangible Amortization to Adjusted Income from Continuing Operations and Adjusted EPS for 2025

Income from Continuing Operations Diluted Earnings per Share For the quarter-to-date period ended Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2025

Adjusted (as previously reported)

$ 118.7

$ 130.3

$ 139.7

$ 148.4

$ 1.45

$ 1.64

$ 1.78

$ 1.85

Intangible amortization costs

14.0

11.5

11.1

10.6

0.17

0.15

0.14

0.13

Tax benefit from intangible amortization costs

(3.3)

(2.4)

(2.3)

(2.2)

(0.04)

(0.03)

Revised Adjusted

$ 129.4

$ 139.4

$ 148.5

$ 156.8

$ 1.58

$ 1.76

$ 1.89

$ 1.95

Income from Continuing Operations Diluted Earnings per Share For the year-to-date period ended Q1 2025 6M 2025 9M 2025 12M 2025 Q1 2025 6M 2025 9M 2025 12M 2025

Adjusted (as previously reported)

$ 118.7

$ 248.8

$ 388.5

$ 536.7

$ 1.45

$ 3.09

$ 4.87

$ 6.72

Intangible amortization costs

14.0

25.6

36.7

47.3

0.17

0.32

0.46

0.59

Tax benefit from intangible amortization costs

(3.3)

(5.6)

(7.9)

(9.9)

(0.04)

(0.07)

(0.10)

(0.12)

Revised Adjusted

$ 129.4

$ 268.8

$ 417.3

$ 574.1

$ 1.58

$ 3.34

$ 5.23

$ 7.19

Note: Amounts may not calculate due to rounding.

ing

Disclaimer

ITT Inc. published this content on May 06, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 06, 2026 at 10:47 UTC.