Filing Flows › Fortive (FTV) › Q2 2026 › vs Q1 2026
Fortive (FTV) Q2 2026 vs Q1 2026 (quarter over quarter)
Fortive's revenue rose $27.4M (+3%) from $1.1B in Q1 2026 to $1.1B in Q2 2026. The biggest changes: Products and software +$16.0M (+2%); Services +$11.4M (+5%). Gross margin 63.4% against 63.2% (+0.2 pts).
Fortive, Q2 2026: revenue $1.1B (+8% year over year), operating margin 19.1%, net earnings $157M, operating cash flow $286M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 63.4% | 63.2% | +0.2 pts |
| Operating margin | 19.1% | 17.9% | +1.2 pts |
| Net margin | 14.3% | 12.8% | +1.6 pts |
| Free cash flow margin | 23.5% | 19.5% | +4.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Products and software | $877M | $861M | $16.0M | +2% |
| Services | $220M | $209M | $11.4M | +5% |
| Revenue | $1.1B | $1.1B | $27.4M | +3% |
| Gross profit | $695M | $676M | $19.8M | +3% |
| Cost of revenue | $402M | $394M | $7.6M | +2% |
| Operating profit | $210M | $192M | $18.2M | +9% |
| Operating expenses | $485M | $484M | $1.6M | +0.3% |
| Pre-tax earnings | $180M | $164M | $15.9M | +10% |
| Other expense, net | $30.4M | $28.1M | $2.3M | +8% |
| Research & development | $67.5M | $66.5M | $1.0M | +2% |
| SG&A | $418M | $417M | $600K | +0.1% |
| Net earnings | $157M | $136M | $20.9M | +15% |
| Income tax | $22.2M | $27.2M | −$5.0M | -18% |
| Depreciation & amortization | $114M | $114M | −$100K | -0.1% |
| Share-based compensation | $23.9M | $21.3M | $2.6M | +12% |
| Working capital & other | $8.5M | $36.5M | −$28.0M | -77% |
| Operating cash flow | $286M | $235M | $51.4M | +22% |
| Free cash flow (OCF − capex) | $258M | $208M | $49.9M | +24% |
| Capital expenditures | $28.1M | $26.6M | $1.5M | +6% |
Questions
How much did Fortive's revenue grow quarter over quarter in Q2 2026?
Fortive's revenue rose $27.4M (+3%) from $1.1B in Q1 2026 to $1.1B in Q2 2026.
What drove Fortive's revenue change in Q2 2026?
Products and software +$16.0M (+2%); Services +$11.4M (+5%).