Fortive beats Q3 revenue on innovation investments, raises FY outlook
FTV•Fortive's Q3 revenue rose 7.8% to $1.11 billion, beating the $1.07 billion consensus, while adjusted diluted EPS rose 13% to $0.77, above the $0.70 estimate. The company raised its FY 2026 adjusted EPS guidance to $3.10-$3.14 and completed about $300 million in share repurchases during the quarter.
1. Quarterly results
Fortive reported Q3 revenue of $1.11 billion, up 7.8% and above analyst expectations of $1.07 billion. Adjusted diluted EPS rose 13% to $0.77, beating the $0.70 consensus; net income was $173 million and EPS was $0.57.
2. Raised outlook
The company raised its FY 2026 adjusted EPS guidance to $3.10-$3.14, citing strong year-to-date performance and confidence in its business trajectory. Fortive said it remains confident in delivering on its medium-term financial framework and completed about $300 million in share repurchases during Q3.
3. Performance drivers
Fortive said investments in innovation acceleration, commercial acceleration initiatives and a focus on recurring customer value contributed to Q3 performance.
