Filing Flows › Illinois Tool Works (ITW) › Q2 2026 › vs Q2 2025
Illinois Tool Works (ITW) Q2 2026 vs Q2 2025 (year over year)
Illinois Tool Works's revenue rose $248M (+6%) from $4.1B in Q2 2025 to $4.3B in Q2 2026. Operating margin 26.7% against 26.4% (+0.3 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 26.7% | 26.4% | +0.3 pts |
| Net margin | 18.9% | 18.6% | +0.3 pts |
| Free cash flow margin | 14.7% | 11.1% | +3.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.3B | $4.1B | $248M | +6% |
| Operating profit | $1.1B | $1.1B | $79.0M | +7% |
| Costs & expenses | $3.2B | $3.0B | $169M | +6% |
| Pre-tax earnings | $1.1B | $998M | $82.0M | +8% |
| Other expense, net | $67.0M | $70.0M | −$3.0M | -4% |
| Cost of revenue | $2.0B | $1.9B | $119M | +6% |
| Other operating costs | $1.1B | $1.1B | $50.0M | +5% |
| Net earnings | $815M | $755M | $60.0M | +8% |
| Income tax | $265M | $243M | $22.0M | +9% |
| Depreciation | $82.0M | $78.0M | $4.0M | +5% |
| Share-based compensation | $22.0M | $19.0M | $3.0M | +16% |
| Working capital & other | $196M | $302M | −$106M | -35% |
| Operating cash flow | $723M | $550M | $173M | +31% |
| Free cash flow (company-reported) | $631M | $449M | $182M | +41% |
| Additions to plant and equipment | $92.0M | $101M | −$9.0M | -9% |
Questions
How much did Illinois Tool Works's revenue grow year over year in Q2 2026?
Illinois Tool Works's revenue rose $248M (+6%) from $4.1B in Q2 2025 to $4.3B in Q2 2026. Operating margin 26.7% against 26.4% (+0.3 pts).