Services — Cost of Product and Service Sold
Fortive Services — Cost of Product and Service Sold increased by 2.9% to $112.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.3%, from $93.00M to $112.80M. Over 4 years (FY 2021 to FY 2025), Services — Cost of Product and Service Sold shows relatively stable performance with a 0.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests margin compression and potential inefficiencies, while a decrease relative to revenue suggests improved operational leverage or cost management.
Detailed definition
This metric measures the direct costs associated with delivering services and products within a specific business segmen...
Peer comparison
Comparable to cost of goods sold (COGS) or direct service costs reported by peers in the industrial and technology sectors.
ftv_segment_services_cost_of_product_and_service_soldHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $100.20M | $107.00M | $104.00M | $119.40M | $121.50M | $116.20M | $110.40M | $124.40M | $120.90M | $122.50M | $0.00 | $128.30M | $123.90M | $102.00M | $99.70M | $93.00M | $119.60M | $107.90M | $109.60M | $112.80M |
| QoQ Change | — | +6.8% | -2.8% | +14.8% | +1.8% | -4.4% | -5.0% | +12.7% | -2.8% | +1.3% | -100.0% | — | -3.4% | -17.7% | -2.3% | -6.7% | +28.6% | -9.8% | +1.6% | +2.9% |
| YoY Change | — | — | — | — | +21.3% | +8.6% | +6.2% | +4.2% | -0.5% | +5.4% | -100.0% | +3.1% | +2.5% | -16.7% | — | -27.5% | -3.5% | +5.8% | +9.9% | +21.3% |
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Frequently Asked Questions
- What is Fortive's services — cost of product and service sold?
- Fortive (FTV) reported services — cost of product and service sold of $112.80M in Q1 2026.
- How has Fortive's services — cost of product and service sold changed year-over-year?
- Fortive's services — cost of product and service sold increased by 21.3% year-over-year, from $93.00M to $112.80M.
- What is the long-term trend for Fortive's services — cost of product and service sold?
- Over 4 years (2021 to 2025), Fortive's services — cost of product and service sold has grown at a 0.9% compound annual growth rate (CAGR), from $414.20M to $430.10M.
- What does services — cost of product and service sold mean?
- The total direct costs incurred to produce and deliver the services and products sold by this segment.