Fortive Corp
For the period ended Sep 26, 2025. Filed Oct 29, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 26, 2025 · Filed Oct 29, 2025
FTV$67.73+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Condensed Statements of Earnings
($ and shares in millions, except per share amounts)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| September 26, 2025 | September 27, 2024 | September 26, 2025 | September 27, 2024 | |
| Sales of products and software | $814.4 | $802.5 | $2,431.6 | $2,420.1 |
| Sales of services | 212.7 | 201.2 | 605.0 | 588.0 |
| Total sales | 1,027.1 | 1,003.7 | 3,036.6 | 3,008.1 |
| Cost of product and software sales | (270.0) | (260.2) | (809.7) | (792.8) |
| Cost of service sales | (107.9) | (102.0) | (294.7) | (291.7) |
| Total cost of sales | (377.9) | (362.2) | (1,104.4) | (1,084.5) |
| Gross profit | 649.2 | 641.5 | 1,932.2 | 1,923.6 |
| Operating costs: | ||||
| Selling, general and administrative | (427.6) | (407.5) | (1,244.3) | (1,233.4) |
| Research and development | (62.0) | (62.0) | (193.2) | (186.1) |
| Operating profit | 159.6 | 172.0 | 494.7 | 504.1 |
| Non-operating income (expense), net: | ||||
| Interest expense, net | (25.4) | (37.1) | (89.5) | (119.8) |
| Other non-operating income (expense), net | 0.8 | (25.8) | 3.1 | (58.2) |
| Earnings from continuing operations before income taxes | 135.0 | 109.1 | 408.3 | 326.1 |
| Income taxes | (18.0) | 2.4 | (67.1) | (36.8) |
| Net earnings from continuing operations | 117.0 | 111.5 | 341.2 | 289.3 |
| Net earnings (loss) from discontinued operations | (62.0) | 110.1 | 52.3 | 334.8 |
| Net earnings | $55.0 | $221.6 | $393.5 | $624.1 |
| Net earnings per common share from continuing operations: | ||||
| Basic | $0.35 | $0.32 | $1.01 | $0.82 |
| Diluted | $0.35 | $0.32 | $1.00 | $0.82 |
| Net earnings per common share from discontinued operations: | ||||
| Basic | $(0.19) | $0.31 | $0.16 | $0.96 |
| Diluted | $(0.19) | $0.31 | $0.15 | $0.94 |
| Net earnings per share: | ||||
| Basic | $0.17 | $0.63 | $1.17 | $1.78 |
| Diluted | $0.16 | $0.63 | $1.16 | $1.76 |
| Average common stock and common equivalent shares outstanding: | ||||
| Basic | 330.8 | 349.2 | 337.2 | 350.7 |
| Diluted | 333.4 | 352.3 | 339.9 | 354.4 |
| Certain amounts may not sum due to rounding. | ||||
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