Filing Flows › Illinois Tool Works (ITW) › Q2 2026 › vs Q1 2026
Illinois Tool Works (ITW) Q2 2026 vs Q1 2026 (quarter over quarter)
Illinois Tool Works's revenue rose $285M (+7%) from $4.0B in Q1 2026 to $4.3B in Q2 2026. Operating margin 26.7% against 25.4% (+1.3 pts).
Illinois Tool Works, Q2 2026: revenue $4.3B (+6% year over year), operating margin 26.7%, net earnings $815M, operating cash flow $723M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 26.7% | 25.4% | +1.3 pts |
| Net margin | 18.9% | 19.1% | -0.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $4.3B | $4.0B | $285M | +7% |
| Operating profit | $1.1B | $1.0B | $127M | +12% |
| Costs & expenses | $3.2B | $3.0B | $158M | +5% |
| Pre-tax earnings | $1.1B | $967M | $113M | +12% |
| Other expense, net | $67.0M | $53.0M | $14.0M | +26% |
| Cost of revenue | $2.0B | $1.9B | $146M | +8% |
| Other operating costs | $1.1B | $1.1B | $12.0M | +1% |
| Net earnings | $815M | $768M | $47.0M | +6% |
| Income tax | $265M | $199M | $66.0M | +33% |
| Depreciation | $82.0M | $81.0M | $1.0M | +1% |
| Share-based compensation | $22.0M | $18.0M | $4.0M | +22% |
| Working capital & other | $196M | $244M | −$48.0M | -20% |
| Operating cash flow | $723M | $623M | $100M | +16% |
Questions
How much did Illinois Tool Works's revenue grow quarter over quarter in Q2 2026?
Illinois Tool Works's revenue rose $285M (+7%) from $4.0B in Q1 2026 to $4.3B in Q2 2026. Operating margin 26.7% against 25.4% (+1.3 pts).