Earnings Releases·Nov 4, 2026, 4:39 PM ET

ITT Inc. — Third Quarter 2026 Earnings Summary

Revenue surged 44% year-over-year to $1.44 billion (organic +8%), driven by a 35-percentage-point contribution from the SPX FLOW acquisition, while operating income rose 26% to $226.8 million despite a 230 basis point decline in reported operating margin due to acquisition-related amortization.
Adjusted financial metrics showed robust growth with adjusted operating income up 55% to $303.1 million and adjusted EPS increasing 20% to $2.26, supported by strong free cash flow generation of $288.4 million (up 87%).
Management raised full-year 2026 guidance across the board, projecting total revenue growth of 41% to 43%, adjusted EPS of $8.54 to $8.62, and an adjusted operating margin of 20.2% to 21.0%, citing healthy backlog momentum and ahead-of-schedule cost synergies from SPX FLOW.
Strategic capital allocation included a $155.0 million share repurchase program over the first nine months, a new quarterly dividend of $0.386 per share, and a leadership transition placing Davide Barbon at the helm of Connect & Control Technologies.