Fortive Quarterly Income Statement
NYSE: FTVIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Fortive revenue and earnings
In the quarter ended Apr 3, 2026, Fortive generated $1.07 billion in revenue, up 7.7% from the same quarter a year earlier. Net income was $136.4 million (-20.7% year over year), for a net margin of 12.8% versus a median of 16.5% in the prior 5 quarters. Gross margin was 63.2% (down from 64.2%) and operating margin 17.9%.
Diluted earnings per share came in at $0.44, down from $0.50.
Summary generated from market data by MetaCap's automated system. Methodology
Fortive income statement (quarterly)
| Quarter (USD) | Q1 20262026-04-03 | Q4 20252025-12-31 | Q3 20252025-09-26 | Q2 20252025-06-27 | Q1 20252025-03-28 | Q4 20242024-12-31 | Q3 20242024-09-27 | Q2 20242024-06-28 | Q1 20242024-03-29 | Q4 20232023-12-31 | Q3 20232023-09-29 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.07B | 1.12B | 1.03B | 1.02B | 993.10M | 1.07B | 1.00B | 1.02B | 984.20M | -567.70M | 1.49B | 1.53B |
| Revenue growth (YoY) | +7.68% | +4.63% | +2.33% | -0.37% | +0.90% | — | -32.84% | -33.16% | -32.62% | -137.11% | +2.64% | +4.31% |
| Cost of Revenue | 393.90M | 413.60M | 377.90M | 623.10M | 355.60M | 377.30M | 362.20M | 624.10M | 620.30M | -398.20M | 601.50M | 621.00M |
| Gross Profit | 675.50M | 708.90M | 649.20M | 645.50M | 637.50M | 695.50M | 641.50M | 653.60M | 628.50M | -169.50M | 893.00M | 905.40M |
| Operating Expenses | -483.80M | -483.40M | -489.60M | -673.50M | -472.20M | -483.30M | -469.50M | -626.50M | -665.10M | 79.30M | 601.90M | 614.10M |
| Research & Development | 66.50M | 66.00M | 62.00M | 109.20M | 64.00M | 65.20M | 62.00M | 101.10M | 104.10M | -61.60M | 98.40M | 100.10M |
| Selling, General & Admin | 417.30M | 417.40M | 427.60M | 564.30M | 408.20M | 418.10M | 407.50M | 525.40M | 561.00M | 140.90M | 503.50M | 514.00M |
| Operating Income | 191.70M | 225.50M | 159.60M | 169.80M | 165.30M | 212.20M | 172.00M | 182.30M | 149.80M | -248.80M | 291.10M | 291.30M |
| Interest Expense | -31.60M | -31.00M | -25.40M | -32.10M | -32.00M | -33.00M | -37.10M | -38.70M | -44.00M | -218.50M | 29.80M | 33.10M |
| Other Income (Expense) | 3.50M | -600.00K | 800.00K | 1.90M | 400.00K | 1.00M | -25.80M | -8.80M | -24.20M | -2.90M | -4.20M | -7.80M |
| Pretax Income | 163.60M | 193.90M | 135.00M | 192.00M | 133.70M | 180.20M | 109.10M | 228.70M | 234.00M | -280.20M | 257.10M | 250.40M |
| Income Tax | 27.20M | 2.40M | 18.00M | 25.40M | 21.10M | -13.00M | -2.40M | 33.60M | 26.60M | -88.00M | 39.10M | 41.40M |
| Net Income | 136.40M | 185.70M | 55.00M | 166.60M | 171.90M | 208.80M | 221.60M | 195.10M | 207.40M | 265.20M | 218.00M | 209.00M |
| Net Income growth (YoY) | -20.65% | -11.06% | -75.18% | -14.61% | -17.12% | -21.27% | +1.65% | -6.65% | +19.47% | +16.73% | +14.80% | +20.81% |
| EPS (Basic) | 0.44 | 0.59 | 0.17 | 0.49 | 0.50 | 0.61 | 0.63 | 0.56 | 0.59 | 0.76 | 0.62 | 0.59 |
| EPS (Diluted) | 0.44 | 0.58 | 0.16 | 0.49 | 0.50 | 0.60 | 0.63 | 0.55 | 0.58 | 0.74 | 0.61 | 0.59 |
| Shares Outstanding (Basic) | 309.60M | — | 330.80M | 339.60M | 341.10M | — | 349.20M | 351.30M | 351.70M | — | 352.10M | 353.00M |
| Shares Outstanding (Diluted) | 312.80M | — | 333.40M | 341.70M | 344.60M | — | 352.30M | 354.80M | 356.00M | — | 356.10M | 355.50M |
| EBITDA | 305.30M | 336.80M | 268.70M | 307.60M | 273.30M | 320.30M | 279.80M | 318.80M | 286.60M | -253.40M | 312.90M | 313.00M |
| Gross Margin | 63.17% | 63.15% | 63.21% | 63.51% | 64.19% | 64.83% | 63.91% | 64.07% | 63.86% | 29.86% | 59.75% | 59.32% |
| Operating Margin | 17.93% | 20.09% | 15.54% | 16.71% | 16.64% | 19.78% | 17.14% | 17.87% | 15.22% | 43.83% | 19.48% | 19.08% |
| Net Margin | 12.75% | 16.54% | 5.35% | 16.39% | 17.31% | 19.46% | 22.08% | 19.12% | 21.07% | -46.71% | 14.59% | 13.69% |
This table shows 12 quarterly periods of Fortive's income statement, from Q1 2026 back to Q2 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow FTV's reporting calendar. What is a income statement?