Fortive (FTV) Gross Margin (2015 - 2026)
Fortive (FTV) posted quarterly Gross Margin of 63.17% for Q2 2026, down 103.0% year-over-year from 2105.54% in Q2 2025, and little changed on a QoQ basis from 63.15% in Q4 2025.
Fortive (FTV) Gross Margin (2015 - 2026) Analysis & Trends
Fortive (FTV) has reported Gross Margin for 12 consecutive years, with 63.17% the latest figure, recorded in 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 came in at 63.17% for Q2 2026 at Fortive, roughly flat from 63.15% in the prior quarter.
- The five-year high for Gross Margin was 64.83% in Q4 2024, with the low at 29.86% in Q4 2023.
- Average Gross Margin over 5 years is 59.52%, with a median of 63.15% recorded in 2025.
- Across the five-year window, Gross Margin slumped 2848 bps in 2023 and jumped 3497 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 58.34% in 2022, then sank by 49 bps to 29.86% in 2023, then surged by 117 bps to 64.83% in 2024, then decreased by 3 bps to 63.15% in 2025, then advanced by 0 bps to 63.17% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 63.17%, 63.15%, and 63.21% for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 37.66% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 44.07% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 62.19% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 43.19% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 63.17% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 68.76% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 71.13% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 30.63% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 59.44% |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 41.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |