Key Points – Record second-quarter performance: ITT reported 51% revenue growth, 18% adjusted EPS growth to $2.08 and 13% organic growth in both orders and revenue.
CCT led results, supported by strong defense and aerospace demand, while Flow Technologies delivered 21% organic growth. – Raised 2026 outlook: The company increased its organic revenue growth forecast to 5%–8%, adjusted EPS guidance to a midpoint of $8.22 and free cash flow guidance to $565 million
Adjusted operating margin is expected to reach approximately 20.5% at the midpoint. – Integration and balance-sheet progress: ITT paid down $124 million of debt, reducing leverage to 2.5%, and expects further improvement through SPX FLOW synergies. Management anticipates sequential margin gains in Flow Technologies, although delayed Middle East orders could weigh on future regional growth. – Industrial Tech Crossovers: When Manufacturing Meets Innovation ITT (NYSE:ITT) reported record second-quarter results for 2026, citing organic growth across its portfolio, contributions from acquisitions and continued margin expansion. The company raised its full-year outlook for organic revenue, adjusted earnings per share and free cash flow after reporting 51% revenue growth and 18% adjusted EPS growth for the quarter ended July 4.
Chief Executive Officer and President Luca Savi said ITT grew orders 53% from a year earlier, including 13% organic growth, while revenue rose 51%, also including 13% organic growth. The company reported a quarterly book-to-bill ratio of 1.1x, adjusted EPS of $2.08 and year-to-date free cash flow of $176 million. – 16 Top Robotics Companies to Get to Know in 2023 “Our ITTers delivered strong performance across the portfolio through flawless execution and the realization of benefits from our acquisitions,” Savi said during the company’s earnings call. Segment Results and Order Trends Connect & Control Technologies, or CCT, was a major contributor to the quarter.