FTV · Fortive Corporation

Fortive delivered strong Q1 2026 results from continuing operations post the June 2025 Precision Technologies separation into Ralliant, with revenue of $1.07B reflecting 7.7% reported growth (5.3% core) aided by ~150 bps from additional selling days. Intelligent Operating Solutions drove $743M revenue (+7.6% reported / 5.2% core), maintaining 25.1% GAAP operating margin, while Advanced Healthcare Solutions grew to $326M (+7.9% / 5.8% core) with margin expansion to 10.0% (+280 bps). Adjusted EBITDA rose 13.2% to $314M (29.3% margin, +140 bps), and adjusted EPS grew 25.4% to $0.70, showcasing FBS operational rigor and financial discipline as highlighted by CEO Olumide Soroye. Capital allocation remained shareholder-focused with ~$500M share repurchases (~3% of shares), totaling ~$1.8B since the 'new Fortive' launch. Management reaffirmed FY 2026 adjusted EPS guidance of $2.90-$3.00, trending upper-half, underscoring confidence in the Fortive Accelerated strategy's pillars: profitable growth via FBS Amplified, disciplined allocation, and investor trust. Progress supports the medium-term framework, positioning for significant value creation amid market-leading positions in Intelligent Operating Solutions and Advanced Healthcare Solutions.