Filing Flows › Fortive (FTV) › Q1 2025
Fortive (FTV) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Fortive (FTV) reported revenue of $1.5B for the first quarter 2025 (Q1 2025), -3% from a year earlier and +37% from the quarter before. Operating margin was 15.8%, net earnings $172M (11.7% of revenue).
Fortive, Q1 2025: revenue $1.5B (-3% year over year), operating margin 15.8%, net earnings $172M, operating cash flow $242M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +37% | -3% |
| Gross profit | $881M | +27% | -3% |
| Operating profit | $234M | +10% | -23% |
| Net earnings | $172M | -18% | -17% |
| Operating cash flow | $242M | -52% | -6% |
| Free cash flow | $215M | -52% | -7% |
What changed
Revenue was $1.5B in Q1 2025, down 3% year over year and up 37% from the previous quarter.
Gross margin was 59.8%, up 0.4 points from a year earlier. Operating profit was $0.23B, a 15.8% margin (down 4.0 points year over year). Operating expenses grew 8% against a revenue fall of 3%. Net earnings were $0.17B, down 17% year over year. The effective tax rate was 14.6%.
Operating cash flow was $0.24B (down 6% year over year), 141% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.03B left free cash flow of $0.21B.
Questions
What was Fortive's revenue in the first quarter 2025?
Fortive (FTV) reported revenue of $1.5B for the first quarter 2025 (Q1 2025), -3% from a year earlier and +37% from the quarter before.
Was Fortive profitable in the first quarter 2025?
Operating profit was $234M (15.8% of revenue) and net earnings $172M.
Source: Fortive 10-Q on SEC EDGAR.