A fixed rule set over this filing's XBRL figures and the number of high-severity risks found in it — no model judgement.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
In 2026-Q3, Fortive Corporation achieved 7.9% GAAP revenue growth to $1.10B and expanded its operating profit margin by 240 basis points to 19.1%, driven by core revenue gains across both Intelligent Operating Solutions and Advanced Healthcare Solutions following the spin-off of Ralliant.
Fortive delivered 7.9% GAAP revenue growth to $1.10B in 2026-Q3, with operating profit margins expanding 240 bps to 19.1% and six-month operating cash flow reaching $519.1M.
Last 4 quarters: 3 beats, 1 miss
Fortive reported GAAP revenue growth of 7.9% to $1,096.8M for the three months ended July 3, 2026, with core revenue expanding 6.7%. Growth was propelled by 2.4% favorable pricing and 4.3% volume growth, led by strong demand in North America.
Source: 10-Q Item 2 MD&A, p.28
Intelligent Operating Solutions (IOS) revenues grew 8.8% to $758.2M with operating profit margin expanding 230 bps to 26.8%. Advanced Healthcare Solutions (AHS) revenues increased 6.0% to $338.6M with an operating profit margin of 11.3%.
Source: 10-Q Item 2 MD&A, p.29-30
Operating profit margin reached 19.1% in the quarter, up 240 basis points year-over-year. Margin expansion was aided by Fortive Business System productivity gains, organizational streamlining, and a +40 bps benefit from U.S. Customs tariff refunds under the IEEPA ruling.
Source: 10-Q Item 2 MD&A, p.28
Operating cash flow from continuing operations reached $519.1M for the six months ended July 3, 2026, an increase of $122.3M compared to $396.8M in the prior year period, supported by higher operating earnings and working capital timing.
Source: 10-Q Item 2 MD&A, p.33
Fortive's recognized tariff refunds under the SCOTUS IEEPA ruling remain subject to ongoing review by U.S. Customs and Border Protection. Further developments, countertariffs, or new tariffs imposed by the U.S. administration could increase operational and supply chain costs.
Source: 10-Q Item 2 MD&A, p.28
Net interest expense rose to $35.4M for the quarter compared to $32.1M in the prior year due to a higher weighted average interest rate following the paydown of lower-rate foreign debt and refinancing of U.S. dollar senior notes.
Source: 10-Q Item 2 MD&A, p.31
With approximately 44% of revenues generated outside the U.S. and 91% of its $374M cash balance held internationally, Fortive remains vulnerable to currency exchange volatility and geopolitical disruptions across regional markets like EMEA.
Source: 10-Q Item 2 MD&A, p.27, 32
This analysis does not extract a guidance section. Companies issue revenue and EPS outlook in the 8-K press release and on the earnings call rather than in the 10-Q itself — though the filing's management discussion can contain forward-looking statements, which appear in the highlights above where they were material.
Fortive (FTV) is next expected to report on , when the following quarter's results and any updated outlook will be available.
Fortive reported GAAP revenue of $1,096.8 million, up 7.9% year-over-year, with core revenue expanding 6.7%. Operating profit margin expanded by 240 basis points to 19.1%, while six-month operating cash flow increased to $519.1 million.
The Intelligent Operating Solutions (IOS) segment saw revenue rise 8.8% to $758.2 million with a 26.8% operating margin. The Advanced Healthcare Solutions (AHS) segment grew revenue by 6.0% to $338.6 million with an 11.3% operating margin.
Following the SCOTUS ruling on IEEPA tariffs, Fortive submitted refund claims to U.S. Customs and Border Protection, recognizing approved refunds in cost of sales. This provided a +40 basis point boost to operating profit margin in 2026-Q3.
Fortive (FTV) is next expected to report earnings on Oct 27, 2026. The date comes from the analyst earnings calendar and can shift until the company confirms it.
Fortive (FTV) delivered solid Q2 2026 revenue growth of 7.7% to $1.07B and improved operating margins, but net income fell 20.7% YoY to $136.4M, likely reflecting non-operating charges, while a significant balance sheet contraction of 32.4% in total assets signals a major corporate restructuring event.
FTV (Fortive) posted modest revenue growth of +1.9% to $4.16B in FY2025, but net income fell sharply by 30.5% to $579.2M, largely driven by non-operating headwinds, while the balance sheet contracted significantly due to a major corporate restructuring or divestiture that reduced total assets by 31%.
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