ITW Q3 FY2026 earnings: EPS beat by 2.4%, revenue missed by 0.5%
ILLINOIS TOOL WORKS INC reported Q3 FY2026. EPS came in at $3.04 against a $2.97 consensus, beat by 2.4%. Revenue was $4.2B versus $4.3B expected, missed by 0.5%. Gross margin was 45.1%, up 100 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $3.04 | $2.97 | beat by 2.4% |
| Revenue | $4.2B | $4.3B | missed by 0.5% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $4.2B | -1.5% | +4.4% |
| Gross profit | $1.9B | +0.6% | +5.8% |
| Operating income | $1.2B | +2.6% | +5.8% |
| Net income | $855.0M | +4.9% | +4.1% |
| Diluted EPS | $3.00 | +5.6% | +6.8% |
| Gross margin: 45.1%. |
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The trend
Revenue is up 4.4% from the same quarter last year. Gross margin sits at 45.1%, a new high for the period charted.
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How it stacks up
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