ITW Q2 FY2026 earnings: EPS beat by 1.8%
ILLINOIS TOOL WORKS INC reported Q2 FY2026. EPS came in at $2.84 against a $2.79 consensus, beat by 1.8%. Gross margin was 44.1%, up 30 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $2.84 | $2.79 | beat by 1.8% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $4.3B | +7.1% | +6.1% |
| Gross profit | $1.9B | +7.8% | +6.5% |
| Operating income | $1.1B | +12.5% | +7.4% |
| Net income | $815.0M | +6.1% | +7.9% |
| Diluted EPS | $2.84 | +6.8% | +10.1% |
| Gross margin: 44.1%. |
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The trend
Revenue is up 6.1% from the same quarter last year. Gross margin sits at 44.1%, 40 bps off its 8-quarter high.
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How it stacks up
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