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R&D at other companies

Honeywell International logo
Honeywell InternationalHON
$492M+18.3%
Teledyne Technologies logo
Teledyne TechnologiesTDY
$84.6M+13.9%
Keysight Technologies logo
Keysight TechnologiesKEYS
$320M+28.0%
STERIS logo
STERISSTE
$28.8M+4.3%
Itron logo
ItronITRI
$55M+9.8%
Silicon Laboratories logo
Silicon LaboratoriesSLAB
$88.59M+0.4%

Other financials

Income statement

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Revenue$1.1B+7.7%
Gross profit$675.5M+6.0%
Operating income$191.7M+16.0%
Net income$136.4M-20.7%
EPS (diluted)$0.44-12.0%

Balance sheet

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Cash & equivalents$356.1M-60.1%
Total debt$3.6B-11.1%
Total equity$6.1B-40.6%
Total assets$11.6B-32.4%

Cash flow

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Operating cash flow$234.8M-2.9%
CapEx$26.6M+26.1%
Free cash flow$208.2M-5.6%

Valuation

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Market cap$19.04B+6.3%
Enterprise value$22.26B+5.8%
P/E35×+11.7×
P/S4.5×+0.1×

Profitability

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Gross margin57.3%-0.7pp
Operating margin17.6%-0.3pp
Net margin12.8%-6.7pp
FCF margin22.8%-12.2pp

Returns & leverage

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Return on equity6.7%-1.0pp
Debt / equity0.6×+0.2×
Current ratio0.7×-0.3×

Where this comes from

Reported directly by Fortive in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Fortive’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fortive's R&D?
Fortive (FTV) reported R&D of $66.5M in Q1 2026.
How has Fortive's R&D changed year-over-year?
Fortive's R&D increased by 3.9% year-over-year, from $64M to $66.5M.
What is the long-term trend for Fortive's R&D?
Over 3 years (2021 to 2025), Fortive's R&D has grown at a -5.3% compound annual growth rate (CAGR), from $354.8M to $301.2M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.