Filing Flows › Illinois Tool Works (ITW) › Q3 2026 › vs Q2 2026
Illinois Tool Works (ITW) Q3 2026 vs Q2 2026 (quarter over quarter)
Illinois Tool Works's revenue fell $65.0M (-2%) from $4.3B in Q2 2026 to $4.2B in Q3 2026. Operating margin 27.8% against 26.7% (+1.1 pts).
Illinois Tool Works, Q3 2026: revenue $4.2B (+4% year over year), operating margin 27.8%, net earnings $855M, operating cash flow $953M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 27.8% | 26.7% | +1.1 pts |
| Net margin | 20.2% | 18.9% | +1.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $4.2B | $4.3B | −$65.0M | -2% |
| Operating profit | $1.2B | $1.1B | $30.0M | +3% |
| Costs & expenses | $3.1B | $3.2B | −$95.0M | -3% |
| Pre-tax earnings | $1.1B | $1.1B | $51.0M | +5% |
| Other expense, net | $46.0M | $67.0M | −$21.0M | -31% |
| Cost of revenue | $2.0B | $2.0B | −$69.0M | -3% |
| Other operating costs | $1.1B | $1.1B | −$26.0M | -2% |
| Net earnings | $855M | $815M | $40.0M | +5% |
| Income tax | $276M | $265M | $11.0M | +4% |
| Depreciation | $84.0M | $82.0M | $2.0M | +2% |
| Share-based compensation | $20.0M | $22.0M | −$2.0M | -9% |
| Working capital & other | $6.0M | $196M | −$190M | -97% |
| Operating cash flow | $953M | $723M | $230M | +32% |
Questions
How much did Illinois Tool Works's revenue grow quarter over quarter in Q3 2026?
Illinois Tool Works's revenue fell $65.0M (-2%) from $4.3B in Q2 2026 to $4.2B in Q3 2026. Operating margin 27.8% against 26.7% (+1.1 pts).