Quarterly ResultApr 30, 2026, 07:37 AM
FTV Q1 Adj. EPS $0.70, Revenue $1.07B (+7.7%); Reaffirms FY26 Guidance
AI Summary
Fortive Corp (FTV) reported a strong start to 2026 with Q1 adjusted diluted net EPS of $0.70, a 25.4% increase year-over-year, and reported revenue of $1.07 billion, up 7.7%. Core revenue grew 5.3%. The company repurchased approximately $500 million in shares during the quarter and reaffirmed its full-year 2026 adjusted EPS guidance of $2.90 to $3.00, trending towards the upper half.
Key Highlights
- Q1 2026 adjusted diluted net EPS was $0.70, up 25.4% year-over-year.
- Q1 2026 reported revenue grew 7.7% to $1.07 billion; core revenue grew 5.3%.
- Repurchased ~$500 million of shares in Q1, representing ~3% of diluted shares outstanding.
- Reaffirmed FY 2026 adjusted EPS guidance of $2.90-$3.00, trending toward the upper half.
- Intelligent Operating Solutions revenue was $743 million, up 5.2% on a core basis.
- Advanced Healthcare Solutions revenue was $326 million, up 5.8% on a core basis.
- GAAP operating cash flow was $220 million; Free Cash Flow was $194 million.