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ITT ITT Other income, net (Note 6)

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Other financials

Income statement

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Revenue$1.5B+51.5%
Gross profit$510.1M+45.4%
Operating income$180.3M+3.0%
Net income$84.9M-29.8%
EPS (diluted)$0.95-37.5%

Balance sheet

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Cash & equivalents$590.8M+26.3%
Total debt$3.1B+165%
Total equity$4.8B+87.8%
Total assets$11.0B+120%

Cash flow

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Operating cash flow$191.2M+24.4%
CapEx$29.1M+77.4%
Free cash flow$162.1M+18.1%

Valuation

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Market cap$19.17B+48.7%
Enterprise value$21.66B+59.4%
P/E45.5×+20.6×
P/S4.1×+0.6×

Profitability

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Gross margin35.2%-0.1pp
Operating margin14.4%-4.4pp
Net margin8.9%-5.1pp
FCF margin10.8%-2.4pp

Returns & leverage

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Return on equity11.5%-8.7pp
Debt / equity0.6×+0.2×
Current ratio1.3×-0.2×

Where this comes from

Reported directly by ITT in its filing.

Tagged under the XBRL concept us-gaap:OtherNonoperatingIncomeExpense.

The source filing: ITT’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 10:46 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000216228-26-000065
Line itemThree Months Ended / July 4,2026Three Months Ended / June 28,2025Six Months Ended / July 4,2026Six Months Ended / June 28,2025
Operating income180.3175.1321.6326.0
Interest expense49.712.674.521.9
Interest income(3.8)(2.4)(14.2)(4.1)
Other non-operating (income) expense, net(0.8)0.7(2.7)(0.3)
Income before income tax expense135.2164.2264.0308.5
Income tax expense48.742.598.177.7
Net income86.5121.7165.9230.8
Less: Income attributable to noncontrolling interests1.60.73.01.4

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is ITT's other income, net (note 6)?
ITT (ITT) reported other income, net (note 6) of $800K in Q2 2026.
How has ITT's other income, net (note 6) changed year-over-year?
ITT's other income, net (note 6) increased by 214.3% year-over-year, from -$700K to $800K.
What is the long-term trend for ITT's other income, net (note 6)?
Over 3 years (2021 to 2025), ITT's other income, net (note 6) has grown at a 5.9% compound annual growth rate (CAGR), from $3.7M to $4.4M.
What does other income, net (note 6) mean?
This captures miscellaneous financial items that fall outside the scope of core operating activities, such as foreign exchange gains or losses, minor investment income, or non-recurring legal settlements. It serves as a catch-all for peripheral financial events that do not stem from the primary business operations. Investors monitor this to isolate core earnings from transient or incidental financial fluctuations.

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