ITT: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	3.94bn	3.63bn
Cost of revenue	2.55bn	2.38bn
Gross profit	1.39bn	1.25bn
Research and development	111m	116m
Selling, general and administrative	368m	297m
Operating income	685m	678m
Pre-tax income	652m	650m
Income tax	160m	126m
Net income	488m	520m
Earnings per share	6.15	6.36
Earnings per share, diluted	6.11	6.32
Weighted average shares	79m	82m
Weighted average shares, diluted	80m	82m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	601m	1.74bn	516m	468m	440m	439m	461m	426m
Receivables	1.04bn	756m	809m	797m	762m	703m	802m	706m
Inventory	976m	672m	658m	659m	639m	612m	621m	564m
Current assets	2.87bn	3.35bn	2.14bn	2.06bn	1.96bn	1.89bn	2.01bn	1.93bn
Property, plant and equipment	801m	627m	603m	612m	589m	577m	579m	544m
Goodwill	3.79bn	1.51bn	1.50bn	1.50bn	1.45bn	1.43bn	1.50bn	1.20bn
Total assets	11.13bn	6.31bn	5.06bn	5.02bn	4.83bn	4.73bn	4.94bn	4.41bn
Current liabilities	1.88bn	1.30bn	1.41bn	1.42bn	1.66bn	1.33bn	1.27bn	1.24bn
Short-term debt	477m	261m	418m	449m	733m	428m	363m	358m
Long-term debt	3.38bn	522m	578m	623m	5m	233m	468m	190m
Total liabilities	6.39bn	2.22bn	2.39bn	2.45bn	2.05bn	1.95bn	2.19bn	1.82bn
Equity	4.74bn	4.08bn	2.66bn	2.56bn	2.79bn	2.78bn	2.77bn	2.60bn
Shares outstanding	89m	86m	78m	78m	81m	82m	82m	82m
Shares issued	89m	86m	78m	78m	81m	82m	82m	82m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	669m	563m
Depreciation and amortisation	143m	137m
Share-based compensation	36m	26m
Capital expenditure	121m	124m
Investing cash flow	−120m	−818m
Dividends paid	111m	105m
Share buybacks	521m	105m
Financing cash flow	729m	235m