Fortive Corporation Q1 2026 Earnings Release

Fortive Corporation reported strong Q1 2026 results with GAAP diluted EPS of $0.44 and adjusted diluted EPS of $0.70. Revenue increased by 7.7% year-over-year, or 5.3% on a core basis. The company completed approximately $500 million in share repurchases during the quarter. Fortive reaffirmed its FY 2026 adjusted EPS guidance of $2.90 to $3.00, expecting to trend towards the upper half of this range. The company highlighted solid execution of its Fortive Accelerated strategy, with continued progress in profitable organic growth, disciplined capital allocation, and building investor trust. Both the Intelligent Operating Solutions and Advanced Healthcare Solutions segments showed revenue growth. Fortive generated $220 million in GAAP operating cash flow and $194 million in free cash flow for the quarter.