Fortive Q3 2026: revenue up 7.8%, adjusted EPS $0.77 beats, guidance raised
Fortive's fiscal Q3 2026 was a clean beat: revenue rose 7.8% to $1.11 billion, adjusted EPS of $0.77 topped the $0.71 consensus, and management raised full-year adjusted EPS guidance to $3.10–$3.14. The read-through is that the industrial segment is accelerating and buybacks are shrinking the share count, while healthcare profit slips. Below, judge the quarter on cash, margins, and what the guidance actually covers.
1 · Expected vs. Actual
Free preview belowAdjusted EPS of $0.77 beat the $0.71 consensus by roughly $0.06 and rose 13.2% from $0.68 a year ago, while GAAP EPS of $0.57 rose 62.9% off a base that carried $38.3 million of separation-related costs. The adjusted figure excludes an $18.0 million IEEPA tariff refund worth $0.06 a share and a $6.2 million software impairment worth -$0.02, so the beat is operational rather than one-off. A diluted share count of 303.9 million versus 333.4 million did real work too, adding roughly 9% to per-share results before any profit growth.
Revenue of $1.11 billion rose 7.8% from $1.03 billion a year earlier, and core growth of 7.2% means only a sliver came from currency and deal activity. Gross profit grew faster than sales, up 9.5% to $710.6 million, lifting gross margin to 64.2% from 63.2%. Revenue has also climbed sequentially for three straight quarters, from $1.07 billion to $1.10 billion to $1.11 billion.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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