Earnings ·
Illinois Tool Works Inc. reported second quarter 2026 results with revenue of $4.30 billion, a 6.1% increase, and…
ITWIllinois Tool Works Inc
Illinois Tool Works Inc. reported second quarter 2026 results with revenue of $4.30 billion, a 6.1% increase, and operating income of $1.15 billion, marking the most profitable quarter in company history. GAAP earnings per share rose 10.1% to $2.84, while operating margin expanded 40 basis points to 26.7%. The company raised its full year 2026 guidance, increasing the organic revenue growth midpoint by 1.5 percentage points to 3.5% and raising GAAP EPS guidance by $0.15 to a new midpoint of $11.45. ITW operates in the global multi-industrial manufacturing sector, producing innovative solutions across seven segments including welding, food equipment, and test & measurement.