ITT (ITT)
Builds motion, flow, and connection technologies for transportation, industry, energy, aerospace, and defense.
$208.63
After hours−0.01 (−0.00%)
At close$208.64(+1.44%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Apr 2026 | Q2 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 822 | 829 | 911 | 906 | 885 | 929 | 913 | 972 | 999 | 1,054 | 1,212 | 1,473 |
| Cost of revenue | 543 | 543 | 610 | 590 | 571 | 613 | 597 | 626 | 644 | 680 | 810 | 963 |
| Gross profit | 279 | 286 | 301 | 316 | 314 | 316 | 316 | 347 | 355 | 374 | 402 | 510 |
| 136 | 167 | 152 | 157 | 106 | 157 | 165 | 172 | 175 | 195 | 184 | 330 | |
| Research & development | 25 | 26 | 30 | 30 | 29 | 28 | 27 | 29 | 28 | 27 | 33 | 36 |
| 111 | 142 | 122 | 127 | 125 | 128 | 139 | 143 | 147 | 169 | 151 | 231 | |
| Selling & marketing | 44 | 43 | 50 | 51 | 51 | 55 | 53 | 57 | 58 | 61 | 0 | 88 |
| General & administrative | 67 | 99 | 72 | 77 | 75 | 74 | 85 | 86 | 90 | 108 | 0 | 144 |
| Other expenses | 0 | 0 | 0 | 0 | −48 | 1 | 0 | 0 | 0 | 0 | 0 | 63 |
| Operating income | 143 | 119 | 149 | 159 | 208 | 160 | 151 | 175 | 180 | 179 | 218 | 180 |
| −1 | −1 | −4 | −6 | −8 | −10 | −7 | −11 | −7 | −8 | −89 | −45 | |
| Interest income | 2 | 0 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 5 | 10 | 4 |
| Interest expense | 4 | 3 | 8 | 7 | 10 | 12 | 9 | 13 | 12 | 15 | 25 | 50 |
| Other non-operating income | −3 | −2 | −3 | −2 | −2 | −1 | −3 | −2 | −4 | −6 | 64 | −5 |
| Income before tax | 142 | 118 | 145 | 153 | 200 | 150 | 144 | 164 | 173 | 171 | 129 | 135 |
| Income tax expense | 30 | 24 | 33 | 33 | 38 | 22 | 35 | 43 | 44 | 38 | 49 | 49 |
| Net income from continuing operations | 112 | 93 | 112 | 120 | 162 | 128 | 109 | 122 | 128 | 132 | 80 | 87 |
| Discontinued operations | 0 | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 0 | 0 | 0 | 0 |
| Net income | 111 | 92 | 111 | 119 | 161 | 127 | 108 | 121 | 127 | 132 | 78 | 85 |
| EPS, basic | $1.35 | $1.11 | $1.36 | $1.46 | $1.98 | $1.56 | $1.33 | $1.53 | $1.63 | $1.65 | $0.89 | $0.95 |
| EPS, diluted | $1.34 | $1.11 | $1.35 | $1.45 | $1.96 | $1.55 | $1.33 | $1.52 | $1.62 | $1.64 | $0.89 | $0.95 |
| Weighted average shares, basic | 82 | 82 | 82 | 82 | 82 | 82 | 81 | 81 | 78 | 80 | 87 | 89 |
| Weighted average shares, diluted | 83 | 83 | 83 | 82 | 82 | 82 | 82 | 82 | 78 | 80 | 88 | 90 |
| EBITDA | 175 | 147 | 186 | 193 | 244 | 198 | 191 | 212 | 219 | 220 | 208 | 248 |
| Depreciation & amortization | 29 | 26 | 34 | 32 | 35 | 37 | 37 | 36 | 35 | 35 | 54 | 63 |
| EBIT | 146 | 121 | 153 | 161 | 210 | 161 | 154 | 177 | 184 | 185 | 154 | 185 |
