The acquisition closed on July 16, 2026 (SEC 8-K 2.01). Its last closing price was on July 15, 2026. It has left the AI-ranked universe. The score and rank below are its final ones, from July 1, 2026. Source: SEC 8-K 2.01
CHART INDUSTRIES INC GTLS
NYSELarge CapIndustrials
Final 13F Pro quality score
Final rank #907 of 2,856 · as of July 1, 2026TOP 50%
AI-extracted from the 10-Q filed 2026-05-11 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Chart Industries reported Q1 2026 revenue of $884.8M, down 11.7% YoY, with operating income collapsing 65.5% to $52.6M due to lower volumes, unfavorable mix, and tariff impacts across all four segments.
Biggest Revenue Drivers
Repair, Service & Leasing$278.6M-8.6% YoY
Lower sales in leasing and timing of service projects.
Heat Transfer Systems$246.1M-7.9% YoY
Lower LNG sales partially offset by increased data center and traditional energy sales.
Biggest Revenue Drivers
Total revenue: $884.8M-11.7% YoY
Repair, Service & Leasing$278.6M-8.6% YoY
Lower sales in leasing and timing of service projects.
Heat Transfer Systems$246.1M-7.9% YoY
Lower LNG sales partially offset by increased data center and traditional energy sales.
Specialty Products$214.5M-22.3% YoY
Decreased hydrogen sales partially offset by increases in space exploration and nuclear.
Cryo Tank Solutions$145.6M-5.0% YoY
Lower industrial gas sales across the globe.
Largest Expense Items
Cost of sales$633.4M-4.3% YoY
Lower volumes; gross margin declined 550 basis points to 28.4% due to unfavorable product mix and tariff impacts.
Selling, general and administrative expenses$152.0M+7.8% YoY
Higher professional service costs for Baker Hughes acquisition-related activity.
Interest expense, net$73.0M-5.3% YoY
Lower interest rates and reduced debt outstanding on term loans.
Margins: Consolidated gross profit margin contracted 550 basis points to 28.4% from 33.9% YoY, driven by reduced volumes, unfavorable product mix, and tariff impacts across all segments. Operating margin declined significantly to 5.9% from 15.2%, with each segment experiencing margin compression.
Watch Items from the Filing
Baker Hughes Merger Agreement pending: Closing expected Q2 2026. Chart faces $250M termination fee if merger fails after signing; Baker Hughes pays $500M reverse fee if regulatory approvals fail.
All four segments showed YoY revenue declines (Specialty -22.3%, Heat Transfer -7.9%, Repair/Service -8.6%, Cryo Tank -5.0%) with operating income drops ranging 27% to 83%.
Consolidated orders of $1,280.3M in Q1 2026 down from $1,315.6M YoY; backlog grew to $6.3B from $5.1B YoY, with 42% expected to recognize in next 12 months.
Cash used in operations surged to $248.0M in Q1 2026 from $60.0M in Q1 2025, primarily due to timing of progress billings and vendor payments; cash declined $100.4M to $269.4M.
Litigation: Two shareholder lawsuits filed September 2025 challenging Merger proxy disclosures; supplemental disclosures issued; resolution may involve attorney fee payments.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Officers, directors and 10% owners with a Form 4 filed in the last 24 months, most recent first. From SEC EDGAR.
Brinkman Joseph RobertVP & Chief Financial OfficerDisposition to issuer · Jul 16, 2026
Hotchkiss HerbertVP, GC and SecretaryDisposition to issuer · Jul 16, 2026
Vinci Gerald FPresidentDisposition to issuer · Jul 16, 2026
Belling Joseph AChief Technology OfficerDisposition to issuer · Jul 16, 2026
Durham MarkChief Accounting OfficerDisposition to issuer · Jul 16, 2026
Harty Linda SDirectorDisposition to issuer · Jul 16, 2026
Cichocki Andrew RChair of the BoardDisposition to issuer · Jul 16, 2026
Mahoney Paul EDirectorDisposition to issuer · Jul 16, 2026
Stiles Spencer SDirectorDisposition to issuer · Jul 16, 2026
Harris PaulaDirectorDisposition to issuer · Jul 16, 2026
Congress trading in GTLS
11 transactions in GTLS reported by 4 members of Congress under the STOCK Act, most recent trade Jul 17, 2026. Reported transactions, not recommendations.
About CHART INDUSTRIES INC (GTLS): stock profile, AI score and financials
Acquired by Baker Hughes Company: CHART INDUSTRIES INC (GTLS) no longer trades and has left 13F Pro's AI-ranked universe. The acquisition closed on July 16, 2026 (SEC 8-K 2.01). Its last closing price was on July 15, 2026. It has left the AI-ranked universe. The score and rank below are its final ones, from July 1, 2026. CHART INDUSTRIES INC (GTLS) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro tracks GTLS using direct SEC EDGAR data and AI-powered research tools. Based on the latest XBRL financial filings (Q1 2026), CHART INDUSTRIES INC reports quarterly revenue of $884.8M, net income of $-17.1M, an operating margin of 5.9%. Top institutional holders of GTLS by reported 13-F value include BlackRock, O'Connor Alternative Investments, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. GTLS trades on the NYSE exchange and files with the SEC under CIK 892553. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate GTLS daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CHART INDUSTRIES INC directly from SEC EDGAR.