Filing Flows › Fortive (FTV) › Q1 2026
Fortive (FTV) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Fortive (FTV) reported revenue of $1.1B for the first quarter 2026 (Q1 2026), +8% from a year earlier and -5% from the quarter before. Operating margin was 17.9%, net earnings $136M (12.8% of revenue).
Fortive, Q1 2026: revenue $1.1B (+8% year over year), operating margin 17.9%, net earnings $136M, operating cash flow $235M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -5% | +8% |
| Gross profit | $676M | -5% | +6% |
| Operating profit | $192M | -15% | +16% |
| Net earnings | $136M | -27% | -21% |
| Operating cash flow | $235M | -36% | -3% |
| Free cash flow | $208M | -38% | -6% |
What changed
Revenue was $1.1B in Q1 2026, up 8% year over year and down 5% from the previous quarter. Products and software was the largest line at 80% of revenue. Products and software added $0.06B year over year (up 7%), 74% of the total change.
Gross margin was 63.2%, down 1.0 points from Q1 2025. Operating profit was $0.19B, a 17.9% margin (up 1.3 points year over year). Of the extra revenue versus Q1 2025, 35% reached operating profit, above the 17% margin then. Operating expenses grew 2% against revenue growth of 8%. Net earnings were $0.14B, down 21% year over year. The effective tax rate was 16.6%.
Operating cash flow was $0.23B (down 3% year over year), 172% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $0.03B left free cash flow of $0.21B.
Questions
What was Fortive's revenue in the first quarter 2026?
Fortive (FTV) reported revenue of $1.1B for the first quarter 2026 (Q1 2026), +8% from a year earlier and -5% from the quarter before.
Was Fortive profitable in the first quarter 2026?
Operating profit was $192M (17.9% of revenue) and net earnings $136M.
Source: Fortive 10-Q on SEC EDGAR.