Fortive (FTV) Gross Margin (2015 - 2026)

Fortive (FTV) recorded quarterly Gross Margin of 63.17% in Q2 2026, little changed quarter-over-quarter from 63.15% in Q4 2025, and down 103.0% on a YoY basis from 2105.54% in Q2 2025.

Fortive (FTV) Gross Margin (2015 - 2026) Analysis & Trends

Fortive's Gross Margin history runs 12 years deep, the most recent figure standing at 63.17% for Q2 2026.

  • In Q2 2026, Gross Margin fell 103.0% year-over-year to 63.17%; the TTM figure through Apr 2026 stood at 63.25% (down 100.0% YoY), while the FY2025 annual figure was 63.5%, down 68.0% from the prior year.
  • Gross Margin was 63.17% for Q2 2026 at Fortive, roughly flat from 63.15% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 64.83% in Q4 2024 to a low of 29.86% in Q4 2023.
  • Historically, Gross Margin has averaged 59.52% across 5 years, with a median of 63.15% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin sank 2848 bps in 2023, then jumped 3497 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 58.34% in 2022, then plunged by 49 bps to 29.86% in 2023, then surged by 117 bps to 64.83% in 2024, then declined by 3 bps to 63.15% in 2025, then increased by 0 bps to 63.17% in 2026.
  • The last three Gross Margin figures came in at 63.17% (Q2 2026), 63.15% (Q4 2025), and 63.21% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 37.66%
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 62.19%
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 59.44%
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 43.19%
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 47.03%
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 63.17%
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 68.76%
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 71.13%
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 42.45%
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn 30.63%

Historic Data

Download Data
DateValue
Apr 3, 2026 63.17%
Dec 31, 2025 63.15%
Sep 26, 2025 63.21%
Jun 27, 2025 63.51%
Mar 28, 2025 64.19%
Dec 31, 2024 64.83%
Sep 27, 2024 63.91%
Jun 28, 2024 64.07%
Mar 29, 2024 63.86%
Dec 31, 2023 29.86%
Sep 29, 2023 59.75%
Jun 30, 2023 59.32%
Mar 31, 2023 58.07%
Dec 31, 2022 58.34%
Sep 30, 2022 58.06%
Jul 1, 2022 56.96%
Apr 1, 2022 57.54%
Dec 31, 2021 57.75%
Oct 1, 2021 57.32%
Jul 2, 2021 57.25%