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Discontinued — last reported Q1 '26

Net Income

Net Income

ITT Net Income decreased by 40.8% to $78M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.0%, from $108.4M to $78M. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 11.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026

How to read this metric

Higher net income indicates strong overall business performance and profitability.

Detailed definition

Net income represents the final bottom-line profit attributable to shareholders after all expenses, taxes, and non-contr...

Peer comparison

The most common metric for comparing absolute profitability across all industries.

Metric ID: net_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$39M$87.5M$103.6M$74.8M$74.6M$102.4M$115.2M$100M$108.2M$110.8M$93.2M$111.5M$119.7M$161.6M$127M$108.4M$121M$126.9M$131.7M$78M
QoQ Change+124.4%+18.4%-27.8%-0.3%+37.3%+12.5%-13.2%+8.2%+2.4%-15.9%+19.6%+7.4%+35.0%-21.4%-14.6%+11.6%+4.9%+3.8%-40.8%
YoY Change+91.3%+17.0%+11.2%+33.7%+45.0%+8.2%-19.1%+11.5%+10.6%+45.8%+36.3%-2.8%+1.1%-21.5%+3.7%-28.0%
Range$39M$161.6M
CAGR+15.7%
Avg YoY Growth+15.3%
Median YoY Growth+10.9%

Frequently Asked Questions

What is ITT's net income?
ITT (ITT) reported net income of $78M in Q1 2026.
How has ITT's net income changed year-over-year?
ITT's net income decreased by 28.0% year-over-year, from $108.4M to $78M.
What is the long-term trend for ITT's net income?
Over 4 years (2021 to 2025), ITT's net income has grown at a 11.5% compound annual growth rate (CAGR), from $316.3M to $488M.
What does net income mean?
The total profit remaining after all costs, expenses, and taxes have been paid.