Filing Flows › Comparisons › MKSI vs FTV
MKS vs Fortive: MKSI and FTV compared
MKS is the larger company: $1.4B of revenue in its latest quarter (Q3 2026) against $1.1B for Fortive (Q3 2026). MKS is growing faster (+43% against +8% a year earlier). MKS is more profitable, with an operating margin of 23.1% against 21.3%.
Where the money goes: MKSI and FTV
MKS (MKSI) · Q3 2026
MKS, Q3 2026: revenue $1.4B (+43% year over year), operating margin 23.1%, net earnings $237M, operating cash flow $292M. The chart follows the revenue to costs, profit and cash.
Fortive (FTV) · Q3 2026
Fortive, Q3 2026: revenue $1.1B (+8% year over year), operating margin 21.3%, net earnings $172M, operating cash flow $313M. The chart follows the revenue to costs, profit and cash.
| MKS (MKSI) | Fortive (FTV) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.4B | $1.1B |
| Revenue growth, Y/Y | +43% | +8% |
| Gross margin | 47.7% | 64.2% |
| Operating margin | 23.1% | 21.3% |
| Net earnings | $237M | $172M |
| Net margin | 16.8% | 15.6% |
| Operating cash flow | $292M | $313M |
| Free cash flow | $243M | $284M |
| Market value | $13.8B | $19.9B |
| P/E | 22.9× | 31.1× |
| Analysts’ mean target | $406.93 | $67.07 |
Where the revenue comes from
MKS
- Semiconductor: $638M (45%)
- Electronics and Packaging: $415M (29%)
- Specialty Industrial: $360M (25%)
Fortive
- Products and software: $885M (80%)
- Services: $223M (20%)
Questions
Which is bigger, MKS or Fortive?
MKS is the larger company: $1.4B of revenue in its latest quarter (Q3 2026) against $1.1B for Fortive (Q3 2026).
Is MKS or Fortive growing faster?
MKS is growing faster (+43% against +8% a year earlier).
Which is more profitable, MKS or Fortive?
MKS is more profitable, with an operating margin of 23.1% against 21.3%.
More: MKS earnings · how MKS makes money · Fortive earnings · how Fortive makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.