IR · 10-Q · 2026Q3 · Full report
Acquisition / Partnership / Divestiture
Ingersoll Rand Inc. · 2026-10-30 · Importance 41 · Surprise 42 · From source text
Ingersoll Rand spent $252.1 million on acquisitions during the nine months ended September 30, 2026, including Scinomix for $46.4 million, Fox for $75.0 million, and Lone Star Blower for $88.9 million. Scinomix and Fox were added to Precision and Science Technologies, while Lone Star Blower and two sales and service businesses were added to Industrial Technologies and Services. The 2026 acquisitions contributed $34.3 million of revenue and $5.3 million of operating income after acquisition dates during the nine-month period. Scinomix expands laboratory automation offerings, Fox adds metering and dosing solutions, and Lone Star enhances the North American blower and compressor portfolio.
Key facts
- Ingersoll Rand collected $162.5 million and $187.5 million of ILC Dover-related settlement proceeds in the three- and nine-month periods ended September 30, 2026, respectively; remaining collections were expected in the fourth quarter of 2026. source
- In the nine months ended September 30, 2026, net cash paid in acquisitions was $252.0 million, compared with $459.8 million in 2025. source
- Net cash paid in acquisitions was $252.0 million for the nine months ended September 30, 2026, compared with $459.8 million in the same period of 2025. source
- Ingersoll Rand recorded recovery gains of $380.1 million for the three months and $405.1 million for the nine months ended September 30, 2026, arising from representations-and-warranties breaches related to the ILC Dover transaction, net of compensation to impacted employees. source
- During the nine months ended September 30, 2026, Ingersoll Rand reached settlement agreements for approximately $425.1 million of gross recoveries related to breaches of representations and warranties in the ILC Dover transaction, net of approximately $20.0 million in employee compensation. source
- Ingersoll Rand recognized $25.0 million of ILC Dover-related recovery gains in the three months ended June 30, 2026, and an additional $400.1 million in the three months ended September 30, 2026. source
- Ingersoll Rand’s other operating expense (income), net was $(355.3) million in the three months ended September 30, 2026, versus $23.8 million expense in 2025, primarily reflecting $380.1 million of net acquisition-related recovery gains and $13.2 million lower restructuring charges, partly offset by $12.8 million higher acquisition and transaction expenses and $0.5 million higher foreign-currency transaction losses. source
- Ingersoll Rand’s other operating expense (income), net was $(351.9) million in the nine months ended September 30, 2026, versus $65.4 million expense in 2025, primarily reflecting $405.1 million of net acquisition-related recovery gains, lower restructuring charges of $9.8 million, and lower foreign-currency transaction losses of $7.4 million, partly offset by $2.1 million higher acquisition and transaction expenses. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +20.2% | Ingersoll Rand’s other operating expense (income), net was $(351.9) million in the nine months ended September 30, 2026, versus $65.4… |
| operating_income | positive | realized | +19.6% | Ingersoll Rand recorded recovery gains of $380.1 million for the three months and $405.1 million for the nine months ended September 30,… |
| cash | positive | realized | +1.1% | In the nine months ended September 30, 2026, net cash paid in acquisitions was $252.0 million, compared with $459.8 million in 2025. |
| cash | positive | realized | +1.0% | Ingersoll Rand collected $162.5 million and $187.5 million of ILC Dover-related settlement proceeds in the three- and nine-month periods… |
| cash | negative | realized | -0.5% | On August 3, 2026, Ingersoll Rand completed its acquisition of Lone Star Blower for $88.9 million in cash; Lone Star was reported in the… |
| cash | negative | realized | -0.4% | On May 4, 2026, Ingersoll Rand completed its acquisition of Fox for $75.0 million in cash; Fox was reported in the Precision and Science… |
| cash | negative | realized | -0.3% | On January 5, 2026, Ingersoll Rand completed its acquisition of Scinomix for $46.4 million in cash; Scinomix was reported in the Precision… |
| cash | positive | probable | — | Ingersoll Rand collected $162.5 million and $187.5 million of ILC Dover-related settlement proceeds in the three- and nine-month periods… |