Fortive Reports Strong Q3 2026 Results with Double-Digit Earnings Growth
Fortive (FTV) delivered robust third-quarter results for fiscal year 2026, reporting revenue of $1.11 billion, a 7.8% increase year-over-year. The company achieved adjusted EPS of $0.77, marking its fifth consecutive quarter of double-digit earnings growth. Performance was primarily driven by strong demand in professional instrumentation and enterprise software, particularly within the Intelligent Operating Solutions segment. Despite facing inflationary pressures from electrical components and freight costs, Fortive expanded its adjusted EBITDA margin to 30.6%. The company also demonstrated significant capital return strength, executing $300 million in share repurchases during the quarter and announcing a 17% increase in its quarterly dividend. Looking ahead, Fortive provided optimistic full-year guidance with an expected midpoint adjusted EPS of $3.10 to $3.14.
Topics: Adjusted EPS Financial Guidance Free Cash Flow Revenue Growth Share Repurchases