Slide 1: Q1 2026 Earnings
Q1 2026 Earnings May 6, 2026 1 Shown: Johnson pumps in a drinking water facility in the Netherlands
Slide 2: Safe Harbor and Non-GAAP Disclosures
Safe Harbor and Non-GAAP Disclosures Safe Harbor This presentation contains “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In addition, the accompanying conference call may include, and officers
Slide 3: Pumped UP
Pumped UP Strong organic growth • +11% revenue with all businesses contributing: CCT +17%, MT +5%, Flow Technologies (FT) +12% Q1’26 • Continued Friction OE outperformance (>1,400 bps) across all regions • +8% orders driven by +14% flow short cycle, +41% aerospace and +47% industrial connectors Tota
Slide 4: Organic growth compounded by SPX FLOW
Organic growth compounded by SPX FLOW +37% Revenue (total growth %) • Global defense ramp-up with F-35 and RSS awards in the US and ground vehicles, radar, and precision-guided systems in Europe • Aerospace recovery, wide-body ramp-up +10% +11% +8% +8% • KONI growth of >30% since 2022 to a ~$200M gr
Slide 5: Q1 Summary Results
Q1 Summary Results Adjusted Operating Revenue1 Adjusted EPS2 Free Cash Flow Income and Margin2 $1,212M $246M $1.98 $77M $913M $173M $1.58 +33% 19.0% 20.3% +25% total $14M Q12025 2025 Q12026 2026 2025 Q12025 2025 2026 Q1 2026 2025 Q1 2025 2026 Q1 2026 Q12025 2025 2026 Q1 2026 • Broad order strength;
Slide 6: Q1 Adjusted EPS Bridge
Q1 Adjusted EPS Bridge 1 $0.15 ($0.02) +25% $0.04 $0.23 + Profitable growth due to productivity and pricing actions (4 additional working days, to be reabsorbed in second half) $1.58 $1.98 Intangible $0.13 Amortization + Immediate accretion from SPX FLOW, net of higher interest, tax rate and share c
Slide 7: 2026 Outlook
Speaker 2026 Outlook Topic 7 Shown: Bran + Luebbe multi-headed NOVADOS metering pumps for an oil & gas application
Slide 8: 2026 Outlook
2026 Outlook Guidance Value Creation in the Core... • Differentiation in execution and innovation furthers market share gains +36% to +38% total Revenue growth +4% to +6% organic • Large flow backlog, aero and defense growth, friction outperformance • $2B legacy ITT backlog, +24% vs. Y/E 2024 Adjust
Slide 9: FY Adjusted EPS Outlook
FY Adjusted EPS Outlook1 $0.14 - $0.18 ($0.06) – ($0.08) +7% to +11% $0.10 - $0.14 $0.35 - $0.55 $7.19 Intangible $0.47 Amortization $7.70 - $8.00 $6.72 2025 EPS Operational SPX FLOW, net FX Incremental Strategic Growth 2026 Outlook Performance Investments Comparisons to 2025 unless otherwise noted.
Slide 10: Key Takeaways
Key Takeaways Legacy businesses firing on all cylinders Fast start with SPX FLOW Relentless execution for GROWTH 10
Slide 11: Supplemental Data
Speaker Supplemental Topic Data 11
Slide 12: Q1 | Segment Summary Results
Q1 | Segment Summary Results Flow Motion Connect & Control Technologies Technologies Technologies Organic +12% +5% +17% Revenue Growth Adjusted Segment $127M $84M $54M Operating Income1 Adjusted Segment 23.7% 21.1% 19.3% Operating Margin1 • +44% total order growth and +7% organic • >1,400 bps Fricti
Slide 13: Adjusted Operating Margin Detail
1 Adjusted Operating Margin Detail Q1 2025 adjusted operating margin 19.0% Operating leverage +100 bps Productivity +30 bps Materials inflation (-60) bps FX impact +40 bps M&A, net +20 bps 2026 adjusted operating margin 20.3% Reconciliation to reported margin (special items) (-860 bps) 2026 operatin
Slide 14: Additional FY 2026 Planning Assumptions
Additional FY 2026 Planning Assumptions Item FY 2026E Assumptions EUR / USD FX rate ~1.16 • Reduced EUR / USD risk through FX hedge Tax rate ~25% • Impacted by SPX FLOW jurisdictional mix • Impacted by ~8 million shares issued in December 2025 equity Share count ~90M offering and Lone Star private p
Slide 15: Key Performance Indicators & Non-GAAP Measures
Key Performance Indicators & Non-GAAP Measures Management reviews a variety of key performance indicators including revenue, operating income and margin, earnings per share, order growth, and backlog. In addition, we consider certain measures to be useful to management and investors when evaluating
Slide 16: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions; all amounts unaudited) Reconciliation of Revenue to Organic Revenue First Quarter 2026 FT MT CCT Elim Total 2026 Revenue $ 537.4 $ 397.2 $ 278.5 $ (1.2) $ 1,211.9 Less: Acquisitions 151.4 - - - 151.4 Less: Foreign currency translation 12.1 32
Slide 17: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions; all amounts unaudited) Reconciliations of Operating Income/Margin to Adjusted Operating Income/Margin First Quarter 2026 First Quarter 2025 FT MT CCT Corporate ITT FT MT CCT Corporate ITT Reported Operating Income $ 82.1 $ 83.4 $ 49.2 $ (73.5
Slide 18: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions, except earnings per share; all amounts unaudited) Reconciliation of Reported vs. Adjusted Income from Continuing Operations and Diluted EPS Income from Continuing Operations Diluted Earnings per Share Q1 2026 Q1 2025 % Change Q1 2026 Q1 2025
Slide 19: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions, except earnings per share; all amounts unaudited) Reconciliation of Cash from Operating Activities to Free Cash Flow Three Months Ended 2026 Guidance 4/4/2026 3/29/2025 Low High Net Cash - Operating Activities $ 39.9 $ 113.4 $ 690 $ 730 Capit
Slide 20: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions, except earnings per share; all amounts unaudited) Reconciliation of GAAP vs Adjusted EPS Guidance - Full Year 2026 2026 Guidance Low High EPS from Continuing Operations - GAAP $ 4.15 $ 4.45 Intangible Amortization 2.91 2.91 Estimated acquisit
Slide 21: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions; all amounts unaudited) Impact of Intangible Amortization Special Item Revision to Adjusted Operating Income/Margin for 2025 First Quarter 2025 FT MT CCT Corporate ITT Adjusted operating income (as previously reported) $ 69.0 $ 68.5 $ 38.0 $ (
Slide 22: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions, except earnings per share; all amounts unaudited) Impact of Intangible Amortization to Adjusted Income from Continuing Operations and Adjusted EPS for 2025 Income from Continuing Operations Diluted Earnings per Share For the quarter-to-date p