Fortive — Apr 30, 2026 release

Financial Highlights for First Quarter 2026 , Continuing Operations • Revenue of $1.07 billion, up 7.7% year-over-year; core revenue up 5.3% • GAAP net earnings of $136 million, up 21.1% year-over-year, GAAP net earnings margin of 12.8%; adjusted EBITDA of $314 million, up 13.2% year-over-year, adjusted EBITDA margin of 29.3% • GAAP diluted net EPS of $0.44, up 33.3% year-over-year; adjusted diluted net EPS of $0.70, up 25.4% year-over-year • GAAP operating cash flow of $220 million; Free Cash Flow of $194 million • Deployed ~$500 million towards share repurchases FY 2026 Guidance For FY 2026, Fortive continues to expect adjusted diluted net earnings per share of $2.90 to $3.00. 1 Summary Financial Results , Continuing Operations Fortive Continuing Operations Q1-26 Q1-25 Variance Revenue $1,069M $993M 7.7% / 5.3% (reported / core) GAAP Net Earnings $136M $113M 21.1% GAAP Net Earnings margin 12.8% 11.3% 150 bps Adj. EBITDA $314M $277M 13.2% Adj. EBITDA margin 29.3% 27.9% 140 bps GAAP diluted net earnings per share $0.44 $0.33 33.3% Adj. diluted net earnings per share $0.70 $0.55 25.4% GAAP Operating cash flow $220M $192M 14.9% Free cash flow $194M $171M 13.5% Percentages presented may not recalculate based on the amounts shown due to rounding. Summary Financial Results by Segment , Continuing Operations Intelligent Operating Solutions Q1-26 Q1-25 Variance Revenue $743M $691M 7.6% / 5.2% (reported / core) GAAP Operating profit $186M $175M 6.6% GAAP Operating margin 25.1% 25.3% (20) bps Adj. EBITDA $255M $236M 8.0% Adj. EBITDA margin 34.3% 34.2% 10 bps Advanced Healthcare Solutions Q1-26 Q1-25 Variance Revenue $326M $302M 7.9% / 5.8% (reported / core) GAAP Operating profit $33M $22M 50.7% GAAP Operating margin 10.0% 7.2% 280 bps Adj. EBITDA $84M $71M 17.7% Adj. EBITDA margin 25.7% 23.6% 210 bps PRECISION TECHNOLOGIES SEPARATION On June 28, 2025 (the “Distri