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FTV · Q2 2026
Archived report (Q2 2026). Latest deep dive →
The quarter in brief
Revenue grew 7.9% y/y to $1.10B, operating margin 19.1% vs 16.7%, net income $157M (−5.6% y/y).
Net earnings
$157M
down 5.6% y/y
Sales
$1,097M
up 7.9% y/y
Operating profit
$210M
up 23.6% y/y
Gross profit
$695M
up 7.7% y/y
All figures in $M.
| Line item | Amount and change |
|---|---|
| Intelligent Operating Solutions | $758 · +8.8% |
| Advanced Healthcare Solutions | $339 · +6.0% |
| Sales | $1,097 · +7.9% |
| Cost of sales | $402 · +8.3% |
| Gross profit | $695 · +7.7% · 63.4% margin |
| Selling, general and administrative | $418 · +2.3% |
| Research and development | $67.5 · +0.4% |
| Operating profit | $210 · +23.6% · 19.1% margin |
| Other non-operating income, net | $5 · +163% |
| Interest expense, net | $35.4 · +10.3% |
| Earnings from continuing operations before income taxes | $180 · +28.6% |
| Income taxes | $22.2 · −20.7% · 12.4% effective rate |
| Net earnings | $157 · −5.6% · $0.51/sh · 14.3% margin |
Verdict: revenue grew 7.9% y/y to $1.10B, operating margin 19.1% vs 16.7%, net income $157M (−5.6% y/y).
Diluted EPS $0.51 vs $0.49 a year earlier ($0.51 vs $0.33 from continuing operations); core revenue growth 6.7% and adjusted EPS growth 28% (non-GAAP); FY 2026 adjusted EPS guidance raised to $2.95 to $3.05.
Source and notation
Source: Fortive earnings release, 8-K EX-99 of 07/29/2026 (SEC EDGAR). The income statement lines were taken from the release by hand; the program found every figure in the release text and checked the accounting identities and the chart balance; revenue and net income match the company's 10-Q.
Open as an image: FTV, Q2 2026 (PNG) ↗ · for sharing and presentations · free to reuse, CC BY 4.0
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Chart: “FTV Q2 2026: where the revenue went” by Who Reports Today, https://whoreportstoday.com/t/ftv/q2-2026. Licensed under CC BY 4.0.
<figure> <a href="https://whoreportstoday.com/t/ftv/q2-2026"><img src="https://whoreportstoday.com/t/ftv/q2-2026/sankey.png" alt="FTV Q2 2026: where the revenue went" loading="lazy" style="max-width:100%;height:auto"></a> <figcaption>Source: <a href="https://whoreportstoday.com/t/ftv/q2-2026">Who Reports Today</a>, licensed under <a href="https://creativecommons.org/licenses/by/4.0/">CC BY 4.0</a></figcaption> </figure>
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<a href="https://whoreportstoday.com/t/ftv/q2-2026">FTV Q2 2026 earnings chart (Who Reports Today)</a>
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- Net earnings from continuing operations rose to $157.3M from $111.6M; the prior-year quarter also had $55.0M from discontinued operations, so total net earnings were lower than a year ago.
- Intelligent Operating Solutions sales rose to $758.2M with a 26.8% segment operating margin; about $200 million of shares were repurchased in the quarter.
- Gross margin was 63.4% vs 63.5% a year earlier.
- Operating income was $210M, a 19.1% margin vs 16.7% a year earlier.
- The effective tax rate was 12.4% vs 20.1% a year earlier.
- Diluted EPS was $0.51 vs $0.49 a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
FTV — Fortive is an industrial technology company with two segments: Intelligent Operating Solutions (test, measurement, safety and workflow software such as Fluke) and Advanced Healthcare Solutions; in 2025 it spun off its Precision Technologies business.
Headquarters: Everett, Washington.
Heads-up
- net income fell 6% y/y in Q2 2026
Net income for Q2 2026: $157M, −6% y/y. Based on the Q2 2026 report.
The company's report ↗More reports: GD · Q2 2026 · GE · Q3 2026 · GEV · Q2 2026 · GNRC · Q3 2026 · GWW · Q2 2026 · HII · Q3 2026 · HON · Q3 2026 · HONA · Q3 2026 · HUBB · Q3 2026 · HWM · Q3 2026 · all reports