Earnings summary

Fortive Corp Q2 2025 results

Reported 2025-07-30Full transcript →

Snapshot

Fortive Corp reported $1.52B of revenue in Q2 2025, up -2.2% year over year, with diluted EPS of $0.49 and an operating margin of 14.6%.

Revenue
$1.52B
YoY growth
+-2.2%
Diluted EPS
$0.49
Operating margin
14.6%
$1.52B
Revenue
+-2.2%
YoY growth
$0.49
Diluted EPS
14.6%
Operating margin
01 Key takeaways

What management said

  • Today's call will begin with a brief overview of our consolidated Q2 results which include the results of our Precision Technologies segment.
  • Please note that we will defer any questions related to Precision Technologies to the Ralliant team who will hold their earnings call on August 12th, 2025.
  • Today, we are also initiating guidance for Fortive's continuing operations reflecting our full year outlook and consistent with our new Fortive approach of providing clear and simplified guidance and disclosure.
  • Finally, we remain focused on executing our Fortive PACS-related strategy introduced at our Investor Day seven weeks ago and designed to drive faster profitable growth and strong shareholder value creation over the medium term.
  • Our free cash flow grew 8% and free cash flow conversion on adjusted net income was 105%.
  • From this point on, all figures and comments will refer to Fortive's continuing operations excluding the results of the Precision Technologies segment.
  • MU40 begins in Q3 as a simplified and focused company with a track record of strong, durable financial performance fortified by our 50% recurring revenues as shown on this slide.
  • Our strategy is built around three core levers for profitable organic growth acceleration, innovation acceleration, commercial acceleration and recurring customer value, all powered by our amplified Fortive Business System.
  • Our new disciplined capital allocation approach seeks to enhance this organic result with maximizing medium term equity returns as our North Star.
  • For example, Fluke's 1670 Series multifunction installation tester with TrueTest software, Fluke Connect and wireless connectivity was named Most Valuable Product in Control Engineering's 2025 Product of the Year awards.
  • At Gordian, we're seeing strong adoption of a new cloud-based assessment and capital planning module driving double-digit orders growth in that product category.
  • Moving to commercial acceleration, our Latin America growth strategy continues to run, delivering double-digit Q2 growth in the IOS segment in the region.
Read the full Q2 2025 transcript
SourcesCompany financials · earnings call Last updated

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