FortiveFTVEarnings & Financial Report
Fortive Corporation is an American industrial technology conglomerate company headquartered in Everett, Washington. The company specializes in providing essential technologies for connected workflow solutions; designing, developing, manufacturing and distributing professional and engineered products, software and services. Their products and services are split into three strategic segments; Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. As of Decem...
Revenue
$1.6B
Gross Profit
$928.3M
Operating Profit
$301.8M
Net Profit
$195.1M
Gross Margin
59.8%
Operating Margin
19.4%
Net Margin
12.6%
YoY Growth
1.7%
EPS
$0.55
Fortive Q2 FY2024 Financial Summary
Fortive reported revenue of $1.6B (up 1.7% YoY) for Q2 FY2024, with a net profit of $195.1M (down 6.7% YoY) (12.6% margin). Cost of goods sold was $624.1M, operating expenses totaled $626.5M.
Key Financial Metrics
| Total Revenue | $1.6B |
|---|---|
| Net Profit | $195.1M |
| Gross Margin | 59.8% |
| Operating Margin | 19.4% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Fortive Q2 FY2024 revenue of $1.6B breaks down across 7 segments, led by Other at $515.8M (33.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $515.8M | 33.2% |
| Health Care | $368.9M | 23.8% |
| Services | $243.5M | 15.7% |
| Government | $142.2M | 9.2% |
| Utilities Power | $104.1M | 6.7% |
| Communication Electronics And Semiconductor | $94.5M | 6.1% |
| Aerospace And Defense | $83.4M | 5.4% |
Fortive Revenue by Segment — Quarterly Trend
Fortive revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Health Care) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Other | — | — | — | $176.7M |
| Health Care | — | — | — | $360.0M |
| Services | — | — | — | $241.4M |
| Government | — | — | $88.0M | $133.0M |
| Utilities Power | — | — | — | $114.9M |
Fortive Annual Revenue by Year
Fortive annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $5.1B |
| 2024 | $6.2B |
| 2023 | $6.1B |
Fortive Quarterly Revenue & Net Profit History
Fortive results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.1B | +7.7% | $136.4M | 12.8% |
| Q4 FY2025 | $1.1B | +4.6% | $185.7M | 16.5% |
| Q3 FY2025 | $1.0B | -33.1% | $55.0M | 5.4% |
| Q2 FY2025 | $1.5B | -2.2% | $166.6M | 11.0% |
| Q1 FY2025 | $1.5B | -3.3% | $171.9M | 11.7% |
| Q4 FY2024 | $1.6B | +2.3% | $208.8M | 12.9% |
| Q3 FY2024 | $1.5B | +2.7% | $221.6M | 14.4% |
| Q2 FY2024 | $1.6B | +1.7% | $195.1M | 12.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.55B | $1.53B | $1.62B | $1.47B | $1.52B | $1.03B | $1.12B | $1.07B |
| YoY Growth | 1.7% | 2.7% | 2.3% | -3.3% | -2.2% | -33.1% | 4.6% | 7.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $17.29B | $17.45B | $17.02B | $17.14B | $18.24B | $11.89B | $11.74B | $11.58B |
| Liabilities | $6.79B | $6.90B | $6.83B | $6.90B | $7.86B | $5.38B | $5.28B | $5.49B |
| Equity | $10.50B | $10.55B | $10.19B | $10.24B | $10.38B | $6.50B | $6.46B | $6.09B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $308.9M | $459.0M | $502.2M | $241.7M | $311.2M | $164.4M | $1.08B | $234.8M |