---
title: "Ingersoll Rand: Business Model"
description: "Ingersoll Rand revenue by business segment and geography from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/ingersoll-rand/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Ingersoll Rand: Business Model & Revenue Engine

## Direct Answer

Ingersoll Rand reports revenue across 2 business segments in its fiscal 2025 Form 10-K. Industrial Technologies and Services is the largest, with $6.1 billion of revenue (79% of the total), followed by Precision and Science Technologies at $1.6 billion (21%). 42% of revenue came from the United States.

## How Does Ingersoll Rand Make Money?

Industrial Technologies and Services supplies 79% of revenue, so Ingersoll Rand's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Precision and Science Technologies grew fastest (+12.5%) and Industrial Technologies and Services slowest (+4.1%), so the revenue mix tilts toward Precision and Science Technologies while that gap lasts.

| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Industrial Technologies and Services | $6.1 billion | $5.8 billion | 79.2% | 4.1% |
| Precision and Science Technologies | $1.6 billion | $1.4 billion | 20.8% | 12.5% |

![Bar chart of Ingersoll Rand revenue by segment for fiscal 2025: Industrial Technologies and Services 79.2%, Precision and Science Technologies 20.8%.](https://www.getswoopr.com/images/charts/ingersoll-rand-business-model-segment-mix.webp)
*Ingersoll Rand revenue by segment as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## What Does Ingersoll Rand Sell?

Ingersoll Rand also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business.

| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Original Equipment | $4.9 billion | $4.6 billion | 63.5% | 5.6% |
| Aftermarket | $2.8 billion | $2.6 billion | 36.5% | 6.0% |

## Where Does Ingersoll Rand's Revenue Come From?

Regions follow the definitions in the filing; most companies assign revenue by customer location.

| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| United States | $3.2 billion | $3.1 billion | 41.7% | 2.5% |
| EMEA | $2.6 billion | $2.4 billion | 34.0% | 9.5% |
| China | $790 million | $795 million | 10.3% | -0.6% |
| Other Americas | $612 million | $541 million | 8.0% | 13.1% |
| Other Asia Pacific | $458 million | $412 million | 6.0% | 11.1% |

## What the Segment Figures Do Not Show

The rows above add up to 100% of Ingersoll Rand's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

## Where These Numbers Come From

Every figure on this page is a value Ingersoll Rand reported in the segment note and revenue disclosures of its Form 10-K filed February 17, 2026 (accession 0001628280-26-008617), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What are Ingersoll Rand's business segments?

In its fiscal 2025 Form 10-K, Ingersoll Rand reports revenue for Industrial Technologies and Services and Precision and Science Technologies.

### Which part of Ingersoll Rand brings in the most revenue?

Industrial Technologies and Services, with $6.1 billion of revenue in fiscal 2025, or 79% of the total.

### How much of Ingersoll Rand's revenue comes from outside the United States?

58% in fiscal 2025, by the geographic breakdown Ingersoll Rand reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.

## References

- [SEC EDGAR: Ingersoll Rand Inc. Form 10-K filed February 17, 2026](https://www.sec.gov/Archives/edgar/data/1699150/000162828026008617/iri-20251231.htm)
- [SEC EDGAR: Ingersoll Rand Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1699150&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

## Related Pages

- [Ingersoll Rand company dossier](https://www.getswoopr.com/stocks/companies/ingersoll-rand/)
- [Ingersoll Rand financial metrics](https://www.getswoopr.com/stocks/companies/ingersoll-rand/metrics/)
- [Ingersoll Rand financial risk indicators](https://www.getswoopr.com/stocks/companies/ingersoll-rand/risks/)
- [Ingersoll Rand peer comparison](https://www.getswoopr.com/stocks/companies/ingersoll-rand/competitors/)
- [Ingersoll Rand business model and revenue mix](https://www.getswoopr.com/stocks/companies/ingersoll-rand/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

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