ITT Q2 revenue up 51% to $1.5 billion; GAAP EPS down 38%, adjusted EPS up 18%
ITT reported second-quarter 2026 revenue of $1.5 billion, up 51% (13% organic), driven by the SPX FLOW acquisition. GAAP earnings per share fell to $0.95 from $1.52, while adjusted EPS rose to $2.08, and the company raised its full-year adjusted EPS guidance to $8.12 to $8.32, but GAAP EPS guidance of $4.47 to $4.67 is down 25% at the midpoint, reflecting acquisition-related impacts.
Key points
- Q2 revenue $1,473.1 million, up 51.5% versus $972.4 million a year earlier; organic growth 12.7%
- GAAP EPS $0.95 versus $1.52 a year earlier; adjusted EPS $2.08 versus $1.76
- Full-year 2026 GAAP EPS expected at $4.47 to $4.67; adjusted EPS guidance raised to $8.12 to $8.32
- Quarterly dividend of $0.386 per share, payable October 5, 2026 to holders of record as of September 8, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.