Fortive (FTV) Research & Development (2015 - 2026)
Fortive (FTV) recorded Research & Development of $68.2 million in Q3 2026, up 10.0% from $62 million a year earlier and up 1.0% from the prior quarter.
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Analysis
Fortive (FTV) Research & Development (2015 - 2026) Analysis & Trends
On a TTM basis, Fortive's Research & Development came in at $268.2 million as of Oct 2, 2026, up 3.8% year-over-year; for FY2025, it came in at $259.2 million, up 3.1% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of -4.2% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $251.3 million in FY2024 (+6.0%), $237 million in FY2023 (-41.0%), $401.5 million in FY2022 (+13.2%) and $354.8 million in FY2021 (+10.6%).
- The Q3 2026 figure is the highest quarterly Research & Development since Q2 2024.
- On a year-over-year basis, Research & Development has increased for four consecutive quarters, with an average decline of 8.1% over the last seven quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 15.1% in Q3 2022, against a decline of 38.5% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $67.5 million (Q2 2026), $66.5 million (Q1 2026) and $66 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 596.00 Mn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | - |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 238.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | - |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 304.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | - |
| 10 | Fortive | 20.19 Bn | 18.72 Bn | 710.60 Mn | 68.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2026 | 68.20 Mn |
| Jul 3, 2026 | 67.50 Mn |
| Apr 3, 2026 | 66.50 Mn |
| Dec 31, 2025 | 66.00 Mn |
| Sep 26, 2025 | 62.00 Mn |
| Jun 27, 2025 | 67.20 Mn |
| Mar 28, 2025 | 64.00 Mn |
| Dec 31, 2024 | 65.20 Mn |
| Sep 27, 2024 | 62.00 Mn |
| Jun 28, 2024 | 101.10 Mn |
| Mar 29, 2024 | 104.10 Mn |
| Dec 31, 2023 | -61.60 Mn |
| Sep 29, 2023 | 98.40 Mn |
| Jun 30, 2023 | 100.10 Mn |
| Mar 31, 2023 | 100.10 Mn |
| Dec 31, 2022 | 101.20 Mn |
| Sep 30, 2022 | 101.10 Mn |
| Jul 1, 2022 | 100.10 Mn |
| Apr 1, 2022 | 99.10 Mn |
| Dec 31, 2021 | 93.00 Mn |
API Access
Fortive Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=FTV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "FTV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=FTV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();