FINHUB Insights

ITW · Q2 FY26 · Apr 1 – Jun 30, 2026

Illinois Tool Works Q2 FY26: where the revenue came from and where it went

Illinois Tool Works Q2 FY26: revenue $4.3B (+6% year over year). Net profit $0.8B. Largest cohort Automotive OEM $0.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2026
Reported
May 7, 2026 10-Q
Sankey diagram of Illinois Tool Works's income statement for Q2 FY26: revenue of $4.30 billion splits into segments and flows out into costs, taxes and net profit.
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Revenue$4.30B +6% year over year
Gross profit$2.27B 53% margin
Operating profit$1.15B 27% margin
Net profit$0.82B 19% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Revenue 4.30 100% +6%
Automotive OEM 0.82 19% −3%
Test & measurement 0.72 17% +4%
Food equipment 0.64 15% −6%
Welding 0.51 12% +6%
Construction products 0.46 11% −3%
Polymers & fluids 0.45 11% +3%
Specialty products 0.43 10% −5%
Other 0.28 7%
Cost of revenue−2.0347%
Gross profit2.2753% margin+0pp
Operating expenses−1.1226%+0pp
Operating profit1.1527% margin+0pp
Tax−0.27
Interest & other costs−0.07
Net profit0.8219%+0pp
Filing on EDGAR More quarters of ITW

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.