IR · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

Ingersoll Rand Inc. · 2026-10-30 · Importance 58 · Surprise 56 · In source text

Operating cash flow for the third quarter of 2026 was $647.8 million, compared with $354.6 million a year earlier, and nine-month operating cash flow was $1,143.4 million versus $856.7 million. The 2026 periods included collections related to the ILC Dover representations-and-warranties settlement of $162.5 million for the quarter and $187.5 million year to date. They also included IEEPA tariff refunds of $32.3 million for the quarter and $42.6 million year to date. Free cash flow, defined as operating cash flow less capital expenditures, was $623.3 million for the quarter and $1,055.6 million for the first nine months, compared with $325.5 million and $758.6 million, respectively, in 2025.

Key facts

• In the nine months ended September 30, 2026, net cash provided by operating activities was $1,143.4 million, compared with $856.7 million in 2025. source
• In the three months ended September 30, 2026, Ingersoll Rand’s operating cash flow was $647.8 million and free cash flow was $623.3 million; the periods included $162.5 million of representations-and-warranties settlement receipts and $32.3 million of IEEPA refunds. source
• In the nine months ended September 30, 2026, Ingersoll Rand’s operating cash flow was $1,143.4 million and free cash flow was $1,055.6 million; the periods included $187.5 million of representations-and-warranties settlement receipts and $42.6 million of IEEPA refunds. source
• In the three months ended September 30, 2026, Ingersoll Rand capital expenditures were $24.5 million and free cash flow was $623.3 million, compared with $29.1 million and $325.5 million, respectively, in the 2025 period. source
• In the nine months ended September 30, 2026, Ingersoll Rand capital expenditures were $87.8 million and free cash flow was $1,055.6 million, compared with $98.1 million and $758.6 million, respectively, in the 2025 period. source
• Ingersoll Rand’s nine-month 2026 cash flows from operating activities were $1,143.4 million, compared with $856.7 million in the 2025 period. source
• Cash provided by operating activities increased $286.7 million to $1,143.4 million for the nine months ended September 30, 2026 from $856.7 million in the same period of 2025, primarily due to settlement collections, IEEPA tariff refunds, lower incentive compensation payments, and lower cash used in operating working capital, partly offset by higher tax payments. source
• Free cash flow increased $297.0 million to $1,055.6 million for the nine months ended September 30, 2026 from $758.6 million in the same period of 2025, due to higher operating cash flow and lower capital expenditures. source

Impact estimates