Fortive Corp SVP and Chief Financial Officer Mark D. Okerstrom reported nine acquisitions of interests in the Executive Deferred Incentive Program – Fortive Stock Fund between April 17 and July 24, 2026. Each entry reflects cash compensation he elected to defer into unfunded, notional shares tied one-to-one to Fortive common stock at the NYSE closing price on the credit date. Voluntary contributions vest immediately, while company contributions vest based on death, age and service, or years of participation, and any vested balance is ultimately settled in Fortive common stock upon termination of employment.
Fortive Corporation delivered higher profitability in the quarter ended July 3, 2026, with total sales of $1,096.8 million, up 7.9% year over year and core revenue up 6.7%. Net earnings from continuing operations were $157.3 million and diluted EPS from continuing operations was $0.51, compared with $0.33 a year earlier. Operating margin improved to 19.1% from 16.7%, supported by favorable pricing, volume growth, Fortive Business System productivity, lower restructuring, and tariff refunds, partially offset by higher employee costs and mix. The effective tax rate fell to 12.4%, mainly from jurisdictional mix and valuation allowance changes.
By segment, Intelligent Operating Solutions generated $758.2 million of sales with a 26.8% operating margin, while Advanced Healthcare Solutions produced $338.6 million of sales and an 11.3% margin. For the first half, operating cash flow was strong at $521.0 million. Fortive ended the period with long-term debt of $3,509.3 million and commercial paper of $1,076.6 million, after issuing $600 million of 4.75% 2031 notes and $500 million of 5.25% 2036 notes and using the proceeds to retire $900 million of 3.15% 2026 notes. The company repurchased 12.3 million shares for $700.3 million and paid $18.4 million in dividends. It also completed a bolt-on AHS acquisition for approximately $58 million, recording $52 million of goodwill and $20 million of intangibles, while continuing to manage post‑separation arrangements with Ralliant as a discontinued operation.
Fortive Corporation reported strong second‑quarter 2026 results from continuing operations. Revenue was $1.10 billion, up 7.9% year-over-year, with core revenue up 6.7%. GAAP net earnings were $157 million, a 40.9% increase, with net earnings margin improving to 14.3% and adjusted EBITDA margin to 29.5%.
GAAP diluted EPS rose to $0.51, while adjusted diluted EPS reached $0.74. Operating cash flow was $299 million and free cash flow $271 million, with trailing twelve‑month free cash flow of $1,044 million. Fortive repurchased approximately $200 million of stock in Q2 and about $2 billion over the last four quarters, roughly 38 million shares or 11% of shares outstanding.
In Intelligent Operating Solutions, revenue grew 8.8% to $758 million; Advanced Healthcare Solutions revenue grew 6.0% to $339 million. Reflecting this performance, Fortive raised its full‑year 2026 adjusted diluted EPS guidance to $2.95–$3.05.
Fortive Corporation has filed an automatic shelf registration statement as a well-known seasoned issuer, allowing it to offer from time to time a broad range of securities, including common stock, preferred stock, debt securities, depositary shares, purchase contracts, purchase units, warrants and subscription rights. The registration also covers potential resales of common stock by selling shareholders, and Fortive states it will not receive proceeds from those resale transactions. Securities may be sold directly, or through agents, underwriters or dealers, with terms and prices set in future prospectus supplements.
Fortive intends to use net proceeds from its own primary offerings for general corporate purposes, which may include acquisitions, debt repayment or refinancing, working capital and capital expenditures. Its common stock trades on the New York Stock Exchange under the symbol FTV, with 302,399,100 shares outstanding as of July 16, 2026.
Fortive Corp SVP and CFO Mark D. Okerstrom reported an acquisition of 3.627 notional “phantom” shares in the Fortive Stock Fund under the company’s Executive Deferred Incentive Program (EDIP). These arose from notional dividend accruals priced at $63.60 per share and bring his EDIP Stock Fund balance to 3,869.030 phantom shares. The notional shares convert one-to-one into Fortive common stock and vest over time under EDIP rules, with vested amounts ultimately settled in common stock upon termination of employment.
Fortive Corp President & CEO Olumide Soroye reported routine equity compensation activity. On July 2, 2026, 3,777 shares of common stock were disposed of at $62.65 per share to cover tax obligations on vesting restricted stock units, leaving 254,186 common shares held directly. On July 6, 2026, he acquired 11.266 notional phantom shares at $63.60 under Fortive’s Executive Deferred Incentive Program stock fund, bringing that notional balance to 11,952.933 units that track Fortive common stock on a one-to-one basis.
Fortive Corp senior vice president and chief legal officer Peter C. Underwood reported an automatic acquisition of 13.135 notional phantom shares in the Executive Deferred Incentive Program Fortive Stock Fund, based on a common stock closing price of $63.60 per share.
These notional shares accrue as dividend equivalents, convert on a one-to-one basis into common stock when settled, and increased his EDIP Stock Fund balance to 13,936.235 notional shares. Vesting and settlement follow the plan’s rules, with vested amounts ultimately settled in Fortive common stock upon qualifying termination of employment.
Fortive Corp director Wright III Lassiter reported a small acquisition of common stock through an automatic dividend reinvestment service. On July 2, 2026, 4.136 shares were credited at $62.12 per share via a third-party brokerage program. Following this routine transaction, his directly held stake totals 25,760.886 shares of Fortive common stock.
Fortive Corp senior vice president and Chief People Officer Amee Desjourdy reported a routine compensation-related transaction in the company’s deferred incentive plan. She received a notional dividend accrual of 1.004 phantom shares in the Executive Deferred Incentive Program Fortive Stock Fund at a reference price of $63.60 per share. This increased her deferred phantom holdings in the plan to 1,065.159 notional shares, which are designed to track Fortive common stock and convert on a one-to-one basis into shares of common stock when paid out. According to the plan terms, vested portions are ultimately settled in Fortive common stock upon termination of employment, subject to the program’s vesting and retirement conditions.
Fortive Corp executive Christopher M. Mulhall, the VP and Chief Accounting Officer, reported routine compensation-related accruals in the company’s Executive Deferred Incentive Program stock fund. On July 6, 2026, he acquired 6.050 phantom shares directly and 1.610 phantom shares indirectly through his spouse, both based on a $63.60 share price. These notional dividend accruals track Fortive common stock one-for-one and are settled in shares of common stock when vested and paid under the plan.