Income Tax
Ingersoll Rand Income Tax decreased by 45.6% to $36.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 38.3%, from $58.50M to $36.10M. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 78.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
income_tax_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $12.50M | $2.70M | -$47.60M | $32.40M | $41.90M | $30.30M | $45.00M | $48.10M | $60.50M | $60.30M | $71.10M | $54.40M | $46.10M | $73.80M | $88.20M | $58.50M | $21.00M | $73.60M | $66.30M | $36.10M |
| QoQ Change | — | -78.4% | <-999% | +168.1% | +29.3% | -27.7% | +48.5% | +6.9% | +25.8% | -0.3% | +17.9% | -23.5% | -15.3% | +60.1% | +19.5% | -33.7% | -64.1% | +250.5% | -9.9% | -45.6% |
| YoY Change | — | — | — | — | +235.2% | >999% | +194.5% | +48.5% | +44.4% | +99.0% | +58.0% | +13.1% | -23.8% | +22.4% | +24.1% | +7.5% | -54.4% | -0.3% | -24.8% | -38.3% |
Income Tax at Other Companies
Frequently Asked Questions
- What is Ingersoll Rand's income tax?
- Ingersoll Rand (IR) reported income tax of $36.10M in Q1 2026.
- How has Ingersoll Rand's income tax changed year-over-year?
- Ingersoll Rand's income tax decreased by 38.3% year-over-year, from $58.50M to $36.10M.
- What is the long-term trend for Ingersoll Rand's income tax?
- Over 4 years (2021 to 2025), Ingersoll Rand's income tax has grown at a 78.1% compound annual growth rate (CAGR), from -$21.80M to $219.40M.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.