Discontinued — last reported Q1 '26

Net Income

Net Income

ITT Net Income decreased by 40.8% to $78.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.0%, from $108.40M to $78.00M. 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 values indicate greater profitability and financial health, directly impacting shareholder value.

Detailed definition

The final bottom-line profit of the company after all operating expenses, non-operating expenses, and income taxes have...

Peer comparison

The most common metric for evaluating company performance against industry competitors.

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$39.00M$87.50M$103.60M$74.80M$74.60M$102.40M$115.20M$100.00M$108.20M$110.80M$93.20M$111.50M$119.70M$161.60M$127.00M$108.40M$121.00M$126.90M$131.70M$78.00M
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$39.00M$161.60M
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 $78.00M 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 $108.40M to $78.00M.
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 $316.30M to $488.00M.
What does net income mean?
The total profit remaining after all costs, expenses, and taxes have been paid.