Fortive Corp
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Fortive Corp (FTV). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Intelligent Operating Solutions | $1.88B 40.6% | $2.17B 41.3% · +15.2% | $2.47B 42.3% · +13.7% | $2.68B 68.6% · +8.9% | $2.79B 68.4% · +4.0% | $2.86B 68.7% · +2.3% |
| Advanced Healthcare Solutions | $1.10B 23.7% | $1.24B 23.5% · +12.5% | $1.21B 20.7% · -2.4% | $1.23B 31.4% · +1.8% | $1.29B 31.6% · +4.7% | $1.30B 31.3% · +1.2% |
| Precision Technologies | $1.65B 35.6% | $1.85B 35.2% · +12.0% | $2.15B 36.9% · +16.4% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Intelligent Operating Solutions | $317.8M 16.9% | $408.5M 18.8% | $519.4M 21.1% | $629.9M 23.5% | $708.0M 25.3% | $738.3M 25.8% |
| Advanced Healthcare Solutions | $2.1M 0.2% | $101.9M 8.2% | $95.6M 7.9% | $83.8M 6.8% | $138.5M 10.8% | $138.6M 10.6% |
| Precision Technologies | $321.7M 19.5% | $408.0M 22.1% | $503.6M 23.4% | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| North America | – | – | – | $2.29B 58.6% | $2.42B 59.2% · +5.4% | $2.49B 59.9% · +3.1% |
| Asia-Pacific | – | – | – | $727.2M 18.6% | $733.3M 18.0% · +0.8% | $730.1M 17.6% · -0.4% |
| Europe, Middle East, and Africa | – | – | – | $697.6M 17.8% | $721.1M 17.7% · +3.4% | $725.8M 17.5% · +0.7% |
| Latin America | – | – | – | $196.7M 5.0% | $209.7M 5.1% · +6.6% | $212.1M 5.1% · +1.1% |
| U.S. Pension Benefits | $2.44B 52.6% | $2.68B 51.1% · +10.1% | $3.14B 53.8% · +16.9% | – | – | – |
| China | $534.1M 11.5% | $650.7M 12.4% · +21.8% | $702.1M 12.1% · +7.9% | – | – | – |
| All other (each country individually less than 5% of total sales) | $1.66B 35.9% | $1.92B 36.6% · +15.5% | $1.99B 34.1% · +3.4% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Sales of products and software | $3.96B 85.4% | $4.50B 85.6% · +13.6% | $4.92B 84.5% · +9.4% | $3.16B 80.7% · -35.8% | $3.29B 80.6% · +4.2% | $3.34B 80.3% · +1.5% |
| Sales of services | $677.7M 14.6% | $758.6M 14.4% · +11.9% | $905.6M 15.5% · +19.4% | $756.2M 19.3% · -16.5% | $790.0M 19.4% · +4.5% | $817.8M 19.7% · +3.5% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 10, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.