Fortive Corp

Fluke Corporation, a Fortive operating company, has received multiple prestigious industry awards over the past year for its innovative products. These honors include Product of the Year Awards for CalStudio® and RotAlign®, a CE Pro 100 Brand Award, and several Pro Tool Innovation Awards for solutions like its Shaft Alignment Solution, 283 FC Digital Multimeter, and iSee™ Mobile Thermal Camera. The recognition underscores Fluke's commitment to developing customer-driven innovations that enhance safety, productivity, and performance for professionals.

Fortive Corporation completed an underwritten offering of $1.1 billion aggregate principal amount of senior notes. This includes $600 million of 4.750% Notes due 2031 and $500 million of 5.250% Notes due 2036. The company intends to use the net proceeds primarily to refinance certain existing indebtedness, specifically its 3.150% senior notes maturing on June 15, 2026, and for general corporate purposes. The notes are unsecured obligations ranking equally with other unsecured and unsubordinated indebtedness.

Fluke Corporation, a subsidiary of Fortive Corp, announced the launch of the Fluke FEV500, an all-in-one testing solution for fast DC Level 3 EV charging stations. This device acts as a virtual electric vehicle, enabling technicians to quickly perform comprehensive safety and operability tests on-site. The FEV500 aims to enhance the reliability of the EV charging network, addressing the issue of non-operational stations by combining multiple testing tools and providing guided workflows, thereby reducing costly downtime.

Fortive Corp reported strong Q1 2026 results with total sales increasing 7.7% year-over-year to $1.07 billion and diluted EPS from continuing operations rising 33.3% to $0.44. The company also significantly increased common stock repurchases to $500.2 million and repaid $292.9 million in Euro-denominated senior unsecured notes. An ongoing restructuring plan, initiated in Q4 2024, incurred $6.3 million in charges during the quarter.

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.