$FTV · Fortive Corp
Fortive Corporation reported Q3 2026 results with revenue of $1.108B (+7.8% reported, +7.2% core), GAAP diluted EPS of $0.57 (+63% YoY), and adjusted diluted EPS of $0.77 (+13% YoY). The company raised its full-year 2026 adjusted EPS guidance to $3.10–$3.14, representing ~15% growth at the midpoint.
- Revenue of $1.108B, up 7.8% reported / 7.2% core year-over-year
- GAAP diluted EPS of $0.57, up 63% YoY; adjusted diluted EPS of $0.77, up 13% YoY
- Adjusted EBITDA of $339M with margin of 30.6%, up 50 bps YoY
- Repurchased ~$300M in shares (~5M shares) during Q3; ~$2.3B total since new Fortive launch
- FY 2026 adjusted EPS guidance raised to $3.10–$3.14, up ~15% YoY at midpoint
Markets closed — no regular-session reaction yet; extended-hours move not captured here. FTV closed at $61.62 (+1.38% on the day) ahead of the release.
Fortive's accelerating core growth (7.2%) paired with aggressive buybacks (~$300M in Q3 alone) and a guidance raise signals strong post-separation execution and capital discipline.
Fortive's 7.2% core growth and double-digit adjusted EPS growth for a fifth consecutive quarter outpaces many industrial peers, reflecting traction from its post-PT-separation "Fortive Accelerated" strategy.
Advanced Healthcare Solutions segment showed margin compression: GAAP operating margin fell 170 bps to 11.2% and adjusted EBITDA margin fell 230 bps to 25.8% YoY.