Revenue Growth Across the Business
ITW grew total revenue by 4.6% YoY to $4.02B in Q1 FY2026, compared to $3.84B in Q1 FY2025, reflecting broad-based demand improvement across its diversified industrial segments.
ILLINOIS TOOL WORKS INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: ITW delivered solid Q1 FY2026 results with revenue up 4.6% YoY to $4.02B and operating margin expanding to 25.4%, while EPS grew 11.3% to $2.66 driven by operational efficiency and share repurchases.
Drawn from management commentary in the Q1 2026 10-Q:
ITW grew total revenue by 4.6% YoY to $4.02B in Q1 FY2026, compared to $3.84B in Q1 FY2025, reflecting broad-based demand improvement across its diversified industrial segments.
Operating income rose 7.3% YoY to $1.02B, with operating margin improving approximately 63 basis points to 25.4% from 24.8%, demonstrating ITW's continued focus on its 80/20 simplification strategy and enterprise initiatives.
Diluted EPS grew 11.8% YoY to $2.66 from $2.38, outpacing revenue growth, partly supported by consistent share repurchases of $375M in both Q1 FY2026 and Q1 FY2025, reducing the share count over time.
Revenue
$4.02B
++4.61% YoY
EPS (Basic)
$2.66
++11.30% YoY
Operating Income
$1.02B
++7.26% YoY
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