Fortive — May 1, 2025 release

ow up 5% year-over-year • Updates 2025 adjusted earnings per share guidance, reflecting moderated demand in Precision Technologies; includes anticipated net impact of tariffs • Targets separation of Fortive and Ralliant by the end of the second quarter 2025 EVERETT, WA, May 1, 2025 - Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the first quarter of 2025. For the first quarter, net earnings were $172 million. For the same period, adjusted net earnings were $292 million. Diluted net earnings per share for the first quarter were $0.50. For the same period, adjusted diluted net earnings per share were $0.85. For the first quarter, revenues decreased 3% year-over-year to $1.47 billion, which included 2% core revenue decline. James A. Lico, President and Chief Executive Officer, stated, “Our first quarter results reflect our continued ability to adapt and respond to the current dynamic macroeconomic environment. We delivered core growth in our Intelligent Operating Solutions and Advanced Healthcare Solutions segments, supported by solid demand for our industry-leading portfolio of safety and productivity solutions. Our Precision Technologies segment saw customers in test and measurement delay investments in light of increased geopolitical and macroeconomic uncertainty, while strong demand continued for utility monitoring and defense & space solutions. Rigorous operational execution contributed to contin