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ITT INC.

For the period ended Jun 28, 2025. Filed Jul 31, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 28, 2025 · Filed Jul 31, 2025

ITT$205.55+4.9%Stored close · as of Nov 6, 2026
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Consolidated Condensed Statements of Operations

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED)

Three Months EndedSix Months Ended
June 28,2025June 29,2024June 28,2025June 29,2024
Revenue$972.4$905.9$1,885.4$1,816.5
Cost of revenue625.6589.11,222.31,198.2
Gross profit346.8316.8663.1618.3
General and administrative expenses85.776.8171.0148.3
Sales and marketing expenses57.050.6110.2100.7
Research and development expenses29.029.755.959.7
Operating income175.1159.7326.0309.6
Interest expense12.67.421.915.1
Interest income(2.4)(1.6)(4.1)(3.4)
Other non-operating expense (income), net0.7(0.2)(0.3)(1.7)
Income before income tax expense164.2154.1308.5299.6
Income tax expense42.533.277.766.1
Net income121.7120.9230.8233.5
Less: Income attributable to noncontrolling interests0.71.21.42.2
Net income attributable to ITT Inc.$121.0$119.7$229.4$231.3
Earnings per share attributable to ITT Inc.:
Basic$1.53$1.46$2.87$2.82
Diluted$1.52$1.45$2.85$2.80
Weighted average common shares – basic79.082.080.082.1
Weighted average common shares – diluted79.482.480.482.5

The accompanying Notes to the Consolidated Condensed Financial Statements are an integral part of the Statements of Operations.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.