Fortive Raises Full-Year EPS Guidance After Q3 Revenue and Earnings Beat

Fortive Corporation reported third-quarter 2026 results on October 28, posting revenue of $1.11 billion, up 7.8% year-over-year on a reported basis and 7.2% on a core basis, topping the prior period's figures. GAAP net earnings rose 47.4% year-over-year to $173 million, while GAAP EPS came in at $0.57. Adjusted EPS reached $0.77, marking the company's fifth consecutive quarter of double-digit adjusted EPS growth.

Adjusted EBITDA grew approximately 10% to $339 million, and cash flow from operations came in at $313 million. Operating income was $235.9 million for the quarter.

Fortive raised its full-year 2026 adjusted diluted EPS guidance to a range of $3.10 to $3.14, up from the prior forecast of $2.95 to $3.05 per share. Management cited strong year-to-date performance and confidence in the business trajectory, with CEO commentary pointing to execution of the company's Fortive Accelerated strategy as a key driver. The company held a conference call at 12:00 PM ET on October 28 to discuss the results.