Allowance for doubtful accounts
Fortive Allowance for doubtful accounts decreased by 2.1% to $18.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 37.4%, from $29.40M to $18.40M. Over 3 years (FY 2022 to FY 2025), Allowance for doubtful accounts shows a downward trend with a -24.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increasing allowance relative to receivables may signal deteriorating customer credit quality or a weakening economic environment.
Detailed definition
This is a contra-asset account that represents the estimated portion of accounts receivable that the company does not ex...
Peer comparison
Standard accounting practice; peers in similar industrial sectors typically maintain reserves proportional to their credit risk profile.
other_allowance_for_doubtful_accounts_receivable_currentHistorical Data
| 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 | $43.90M | $41.20M | $40.40M | $39.60M | $39.20M | $33.10M | $27.80M | $29.40M | $19.40M | $29.40M | $27.20M | $18.70M | $18.80M | $18.40M |
| QoQ Change | — | -6.2% | -1.9% | -2.0% | -1.0% | -15.6% | -16.0% | +5.8% | -34.0% | +51.5% | -7.5% | -31.3% | +0.5% | -2.1% |
| YoY Change | — | — | — | — | -10.7% | -19.7% | -31.2% | -25.8% | -50.5% | -11.2% | -2.2% | -36.4% | -3.1% | -37.4% |
Allowance for doubtful accounts at Other Companies
Frequently Asked Questions
- What is Fortive's allowance for doubtful accounts?
- Fortive (FTV) reported allowance for doubtful accounts of $18.40M in Q1 2026.
- How has Fortive's allowance for doubtful accounts changed year-over-year?
- Fortive's allowance for doubtful accounts decreased by 37.4% year-over-year, from $29.40M to $18.40M.
- What is the long-term trend for Fortive's allowance for doubtful accounts?
- Over 3 years (2022 to 2025), Fortive's allowance for doubtful accounts has grown at a -24.6% compound annual growth rate (CAGR), from $43.90M to $18.80M.
- What does allowance for doubtful accounts mean?
- The estimated amount of money owed by customers that the company expects will not be paid.