Illinois Tool Works posted Q2 2026 net income of $815 million, lifting diluted EPS 10.1% to $2.84.
Operating revenue rose 6.1% to $4.3 billion; operating income increased 7.4% to $1.15 billion.
Operating margin widened 0.4 percentage point to 26.7%.
Year-to-date net income climbed to $1.58 billion, pushing diluted EPS up 11.1% to $5.50.
Free cash flow rose to $631 million; the company repurchased 2,900,000 shares for about $750 million, leaving $865 million authorized under the 2023 program.
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