Fortive Corp

Company facts

Industry

Industrial Instruments For Measurement, Display, and Control

Headquarters

Everett, Washington

Most recent report

10-Q, filed Jul 29, 2026

Incorporated

Delaware

Filings on record

1,000+ filings

On EDGAR

CIK 1659166

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jul 2026 10-Q

SECSift found 3 of 10 sections worth reading, with 3 positive, 8 notable, and 0 negative flags.

• Financial Statements (Item 1)

  Strong earnings growth, debt refinancing, heavy buybacks, acquisition, tax rate shift.
  Positive

  • Board authorized 14.4M new shares for repurchase on May 4, 2026; cumulative 73.2M shares.
  Notable

  • Bolt-on acquisition in AHS segment for ~$58M; recorded $52M goodwill and $20M intangibles.
  • Issued $1.1B of 4.75% and 5.25% notes due 2031/2036; repaid $900M 3.15% notes due 2026.
  • Effective tax rate fell to 12.4% in Q2 2026 from 20.1% in Q2 2025, boosting net income.

• Management's Discussion (Item 2)

  Core rev +6.7%, op margin +240bps, cash flow +$122M; new debt, shelf, tariff refunds.
  Positive

  • Operating profit margin rose from 16.7% to 19.1% in Q2 2026, a 240bp increase.
  Notable

  • IEEPA tariff refund claims submitted; recoverability and timing remain uncertain.
  • Comprehensive income fell $114M in Q2 primarily from unfavorable foreign currency translation of $105M.
  • 91% of $374M cash held outside the US; $2.0B revolver undrawn with no borrowings.
  • New shelf registration filed on July 20, 2026 allows future offerings of stock, debt, warrants, etc.
  • Share repurchases more than doubled to $700M (12.3M shares) YTD 2026, from $338M.

• Unregistered Sales and Repurchases (Item 2)

  New 14.4M share authorization and Q2 repurchase activity.
  Positive

  • Board added 14.4M shares to repurchase authorization, increasing cumulative total to 73.2M shares as of July 2026.

What changed: Jul 2026 vs. Apr 2026

About 13% of FTV's Jul 2026 10-Q is new information. 34 paragraphs were added, 111 changed, and 22 removed. Below are the most important lines SECSift identified.

• Item 2 64
• Item 1 42
• Item 3 2
• Item 6 2
• Item 1A 1
• Item 5 1