Illinois Tool Works Inc. (ITW) Financials
Key financial figures for Illinois Tool Works Inc. (Q2 2026).
ITW beat Q2 2026 estimates with 4.5% organic revenue growth, 26.7% operating margin (+40 bps YoY), and GAAP diluted EPS of $2.84 (+10.1% YoY), prompting a raised full-year EPS guide. Q2 2026 revenue of $4.30 billion, up 6.1% YoY, with organic revenue growth of 4.5% (versus 0.4% in Q1 2026) GAAP diluted EPS of $2.84, up 10.1% YoY from $2.58; no non-GAAP adjustments this quarter (GAAP = adjusted) Operating margin expanded 40 basis points YoY to 26.7% on operating income of $1.147 billion All seven segments posted revenue growth; Test & Measurement and Electronics ($769M) and Automotive OEM ($857M) were the largest dollar contributors Free cash flow of $631 million in the quarter (+41% YoY); repurchased $750 million of stock, with full-year buyback guidance of approximately $. On the outlook: Full-year 2026 GAAP EPS guidance raised to $11.35-$11.55 (from the prior $11.10-$11.50), on revenue growth of 4-5% and organic revenue growth raised to 3-4%. Figures are for Q2 2026, as Illinois Tool Works Inc. reported them.
- Revenue
- $4.3B
- Net Income
- $815M
- EPS
- $2.85
- Total Assets
- $16.5B
- Operating Cash Flow
- $723M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $4.3B | $815M | $2.84 | 26.67% | $631M |
| Q1 FY2026 | $4.0B | $768M | $2.66 | 25.4% | $528M |
| Q4 FY2025 | $4.1B | $790M | $2.72 | 26.51% | $858M |
| Q3 FY2025 | $4.1B | $821M | $2.81 | 27.4% | $904M |
| Q2 FY2025 | $4.1B | $755M | $2.58 | 26.35% | $449M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $16.0B | $3.1B | $10.49 | 26.28% | $2.7B |
| FY2024 | $15.9B | $3.5B | $11.71 | 26.82% | $2.8B |
| FY2023 | $16.1B | $3.0B | $9.74 | 25.08% | $3.1B |
Frequently asked questions
What was Illinois Tool Works Inc.'s revenue last quarter?
Illinois Tool Works Inc. reported revenue of $4.30 billion for Q2 FY2026, up 6.1% from the same period a year earlier.
Is Illinois Tool Works Inc. profitable?
Yes. Illinois Tool Works Inc. reported net income of $815.0 million for Q2 FY2026, a net margin of 18.95% on revenue.
How has Illinois Tool Works Inc.'s margin trended?
Operating margin was 26.67% in Q2 FY2026, compared with 26.35% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
When does Illinois Tool Works Inc. report next?
Illinois Tool Works Inc. is scheduled to report results on 2026-10-23. The company has confirmed that date.
Full income statement, balance sheet and cash flow for Illinois Tool Works Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.