Fortive — Feb 4, 2026 release

Financial Highlights for Fourth Quarter 2025 , Continuing Operations • Revenue of $1.12 billion, up 4.6% year-over-year; core revenue up 3.3% • GAAP net income of $192 million, down 0.9% year-over-year, GAAP net income margin of 17.1%; adjusted EBITDA of $358 million, up 7.8% year-over-year, adjusted EBITDA margin of 31.9% • GAAP diluted net EPS of $0.60, up 7.1% year-over-year; adjusted diluted net EPS of $0.90, up 12.5% year-over-year • GAAP operating cash flow of $344 million; Free Cash Flow of $314 million • Deployed $265 million towards share repurchases in the fourth quarter 1 Financial Highlights for Full Year 2025 , Continuing Operations • Revenue of $4.16 billion, up 1.9% year-over-year; core revenue up 1.7% • GAAP net income of $533 million, up 10% year-over-year, GAAP net income margin of 12.8%; adjusted EBITDA of $1,233 million, up 6.1% year-over-year, adjusted EBITDA margin of 29.6% • GAAP diluted net EPS of $1.59, up 16.1% year-over-year; adjusted diluted net EPS of $2.71, up 12% year-over-year • GAAP operating cash flow of $1.0 billion; Free Cash Flow of $931 million • Deployed $1.6 billion towards share repurchases in FY 2025 Initiating Full Year 2026 Guidance For the full year 2026, Fortive anticipates adjusted diluted net earnings per share of $2.90 to $3.00. Fourth Quarter 2025 Summary Financial Results , Continuing Operations Fortive Continuing Operations Q4-25 Q4-24 Variance Revenue $1,123M $1,073M 4.6% / 3.3% (reported / core) GAAP Net Income $192M $193M (0.9)% GAAP Net Income margin 17.1% 18.0% (90) bps Adj. EBITDA $358M $332M 7.8% Adj. EBITDA margin 31.9% 31.0% 90 bps GAAP diluted net earnings per share $0.60 $0.56 7.1% Adj. diluted net earnings per share $0.90 $0.80 12.5% GAAP Operating cash flow $344M $328M 5.0% Free cash flow $314M $305M 2.9% Fourth Quarter 2025 Summary Financial Results by Segment , Continuing Operations Intelligent Operating Solutions Q4-25 Q4-24 Variance Revenue $770M $731M 5.3% / 4.1% (reported / core) GAAP Operating profit $212M $201M 5.7% GAAP Operating margin 27.6% 27.5% 10 bps Adj. EBITDA $288M $268M 7.6% Adj. EBITDA margin 37.4% 36.6% 80 bps Advanced Healthcare Solutions Q4-25 Q4-24 Variance Revenue $353M $342M 3.2% / 1.6% (reported / core) GAAP Operating profit $39M $43M (9.6)% GAAP Operating margin 10.9% 12.5% (160) bps Adj. EBITDA $92M $94M (2.6)% Adj. EBITDA margin 26.0% 27.5% (150) bps 2 Full Year 2025 Summary Financial Results, Continuing Operations Fortive Continuing Operations FY 25 FY 24 Var