{
  "url": "https://struct.news/briefs/itt-bought-a-515-sales-jump-operating-income-grew-3",
  "title": "ITT bought a 51.5% sales jump. Operating income grew 3%.",
  "summary": "SPX FLOW added scale, but $51.0M of new intangible amortization and higher interest costs squeezed the payoff.",
  "published_at": "2026-08-06T14:51:19.409376+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "ITT Inc.",
    "ticker": "ITT",
    "cik": "216228",
    "sector": "Industrials",
    "industry": "Specialty Industrial Machinery"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-06",
    "accession": "0000216228-26-000065",
    "url": "https://www.sec.gov/Archives/edgar/data/216228/000021622826000065/itt-20260704.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-07-31",
    "url": "https://www.sec.gov/Archives/edgar/data/216228/000021622825000052/itt-20250628.htm"
  },
  "reported_figures": [
    {
      "group": "ITT's latest annual profile",
      "label": "Revenue",
      "value": 3938500000,
      "display": "$3.9B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0000216228-26-000065",
        "filing_date": "2026-08-06"
      }
    },
    {
      "group": "ITT's latest annual profile",
      "label": "Operating margin",
      "value": 17.37971308873937,
      "display": "+17.4%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000216228-26-000065",
        "filing_date": "2026-08-06"
      }
    },
    {
      "group": "ITT's latest annual profile",
      "label": "Net debt",
      "value": -1221400000,
      "display": "-$1.2B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000216228-26-000065",
        "filing_date": "2026-08-06"
      }
    },
    {
      "group": "ITT's latest annual profile",
      "label": "P/E",
      "value": 33.38608401639344,
      "display": "33.4x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000216228-26-000065",
        "filing_date": "2026-08-06"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "Organic revenue grew 20.7% in the three months, led by pump projects and energy-market demand.",
      "importance": "medium",
      "evidence": "Organic revenue increased by $73.8, or 20.7%, and $114.4, or 16.6%, for the three and six-month periods, respectively, primarily driven by growth in pump projects of 45% and 30%, respectively, reflecting strong demand in the energy market.",
      "source_date": "2026-08-06"
    },
    {
      "type": "input_costs",
      "statement": "ITT's gross-profit explanation continues to include higher material and labor costs alongside pricing and productivity benefits.",
      "importance": "medium",
      "evidence": "The increase in gross profit for both periods was primarily driven by the acquisition of SPX FLOW, volume leverage, benefits from pricing actions, net savings from productivity and sourcing initiatives, and favorable foreign currency translations, partially offset by unfavorable sales mix and higher material and labor costs.",
      "source_date": "2026-08-06"
    }
  ],
  "related_tickers": [
    "ITT"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}