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
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%