Illinois Tool Works (ITW) Cost of Revenue (2009 - 2026)

Illinois Tool Works' (ITW) quarterly Cost of Revenue came in at $2.3 billion in Q1 2026, up 4.4% year-on-year from $2.2 billion in Q1 2025, and down 1.23% quarter-over-quarter from $2.3 billion in Q4 2025.

Illinois Tool Works (ITW) Cost of Revenue (2009 - 2026) Analysis & Trends

Illinois Tool Works' Cost of Revenue history runs 18 years deep, the most recent figure standing at $2.3 billion for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 4.4% year-over-year to $2.3 billion in Q1 2026; TTM through Mar 2026 was $9.1 billion, a 2.14% increase from a year earlier, with the FY2025 full-year figure at $9.0 billion, up 1.25% from the prior year.
  • Cost of Revenue slipped to $2.3 billion in Q1 2026 per ITW's latest filing, from $2.3 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.4 billion in Q2 2022 and bottomed at $117.0 million in Q1 2024.
  • The 5-year median for Cost of Revenue is $2.3 billion (2025), against an average of $2.2 billion.
  • Across the five-year window, Cost of Revenue slumped 95.0% in 2024 and jumped 1747.01% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $2.3 billion in 2022, then rose by 0.13% to $2.3 billion in 2023, then dropped by 3.94% to $2.2 billion in 2024, then climbed by 2.84% to $2.3 billion in 2025, then dropped by 1.23% to $2.3 billion in 2026.
  • Per Business Quant, the three latest ITW Cost of Revenue figures stand at $2.3 billion (Q1 2026), $2.3 billion (Q4 2025), and $2.3 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 8.74 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 4.80 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 3.47 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 6.16 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 2.14 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 2.26 Bn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 1.21 Bn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 1.11 Bn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 1.05 Bn
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 1.32 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.26 Bn
Mar 31, 2026 2.26 Bn
Dec 31, 2025 2.28 Bn
Dec 31, 2025 2.28 Bn
Sep 30, 2025 2.25 Bn
Sep 30, 2025 2.25 Bn
Jun 30, 2025 2.27 Bn
Jun 30, 2025 2.27 Bn
Mar 31, 2025 2.16 Bn
Mar 31, 2025 2.16 Bn
Dec 31, 2024 2.22 Bn
Dec 31, 2024 2.22 Bn
Sep 30, 2024 2.23 Bn
Sep 30, 2024 2.23 Bn
Jun 30, 2024 2.26 Bn
Jun 30, 2024 2.26 Bn
Mar 31, 2024 117.00 Mn
Mar 31, 2024 117.00 Mn
Dec 31, 2023 2.31 Bn
Dec 31, 2023 2.31 Bn