AI English summary of an SEC filing — figures as filed
The company said it completed the separation of Ralliant on June 28, 2025 and will classify Ralliant as a discontinued operation beginning in Q3 2025. Continuing operations figures in the release assume Ralliant had been classified as discontinued operations for 2025 and Q2 2024.
Key points
AI summaryThe company said it completed the separation of Ralliant on June 28, 2025 and will classify Ralliant as a discontinued operation beginning in Q3 2025. Continuing operations figures in the release assume Ralliant had been classified as discontinued operations for 2025 and Q2 2024.
Fortive said continuing operations revenue for Q2 was $1,016M, compared with $1,020M a year earlier, and core revenue declined 0.7%. It also reported GAAP net income of $112M, a 11.0% margin, and adjusted EBITDA of $288M, a 28.4% margin.
The company said GAAP operating cash flow for continuing operations was $205M for Q2, Free Cash Flow was $180M, and TTM Free Cash Flow was $939M. It also said it deployed $345 million toward share repurchases in the first half of 2025.
The company said it expects adjusted diluted net earnings per share for the full year 2025 to be between $2.50 and $2.60. This outlook is on a Fortive continuing operations basis.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Ralliant Separation Completed and Continuing Operations Presentation
The company said it completed the separation of Ralliant on June 28, 2025 and will classify Ralliant as a discontinued operation beginning in Q3 2025. Continuing operations figures in the release assume Ralliant had been classified as discontinued operations for 2025 and Q2 2024.
Source · Based on the filing body and exhibits
Q2 Continuing Operations Results
Fortive said continuing operations revenue for Q2 was $1,016M, compared with $1,020M a year earlier, and core revenue declined 0.7%. It also reported GAAP net income of $112M, a 11.0% margin, and adjusted EBITDA of $288M, a 28.4% margin.
Source · Based on the filing body and exhibits
Continuing Operations Cash Flow and Share Repurchases
The company said GAAP operating cash flow for continuing operations was $205M for Q2, Free Cash Flow was $180M, and TTM Free Cash Flow was $939M. It also said it deployed $345 million toward share repurchases in the first half of 2025.
Source · Based on the filing body and exhibits
Full-Year Adjusted Diluted EPS Outlook
The company said it expects adjusted diluted net earnings per share for the full year 2025 to be between $2.50 and $2.60. This outlook is on a Fortive continuing operations basis.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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