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How Fortive (FTV) makes money

Fortive (FTV) made $1.1B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Products and software brought in $885M (80%); Services brought in $223M (20%). Of every dollar of revenue, 64¢ was left as gross profit, 21¢ was left as operating profit, 16¢ was left as net earnings.

Drawing the Sankey…

Fortive revenue by segment, Q3 2026Fortive revenue by segment, Q3 2026Products and software$885MServices$223M
Fortive: revenue by line, Q1 2026 to Q3 2026Fortive: revenue by line, Q1 2026 to Q3 2026Products and softwareServicesProducts and software: $885M latest$885MServices: $223M latest$223MQ1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2026 and Q3 2026.
Fortive revenue by quarterFortive revenue by quarter$1.5BQ1 2025$1.5BQ2 2025$1.0BQ3 2025$1.1BQ4 2025$1.1BQ1 2026$1.1BQ2 2026$1.1BQ3 2026
Fortive: where each dollar of revenue goesFortive: where each dollar of revenue goesCost of revenue36¢Gross profit64¢Operating expenses43¢Operating profit21¢Income tax3¢Net earnings16¢Operating cash flow28¢Free cash flow26¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Products and software$885M79.9%+0.9%+9%
Services$223M20.1%+1%+5%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.1B100.0%
Cost of revenue$397M35.8%
Gross profit$711M64.2%
Operating expenses$475M42.9%
Operating profit$236M21.3%
Income tax$29.8M2.7%
Net earnings$172M15.6%
Operating cash flow$313M28.3%
Free cash flow$284M25.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.1B+8%
Q2 2026$1.1B+8%
Q1 2026$1.1B+8%
Q4 2025$1.1B+5%
Q3 2025$1.0B+2%
Q2 2025$1.5B-2%
Q1 2025$1.5B-3%

From Fortive's 10-Q filed Oct 28, 2026 (on EDGAR).

Questions

How does Fortive make money?

Fortive (FTV) made $1.1B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Products and software brought in $885M (80%); Services brought in $223M (20%). Of every dollar of revenue, 64¢ was left as gross profit, 21¢ was left as operating profit, 16¢ was left as net earnings.

What is Fortive's biggest business?

Products and software: $885M in the third quarter 2026, 80% of revenue, +9% from a year earlier.

What is Fortive's profit margin?

Net earnings were $172M, 15.6% of revenue, in the third quarter 2026; the operating margin was 21.3%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.