Illinois Tool Works Food Equipment — Operating Revenue decreased by 8.7% to $637.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.6%, from $627.00M to $637.00M. Over 2 years (FY 2021 to FY 2025), Food Equipment — Operating Revenue shows an upward trend with a 14.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates growing market share or higher demand for commercial food service solutions, while a decrease may signal market saturation or competitive pressure.
Represents the total gross income generated by the food equipment business segment through the sale of commercial kitche...
Standard revenue reporting for industrial or commercial equipment segments across peer manufacturing companies.
itw_segment_food_equipment_operating_revenue| Q2 '21 | Q3 '21 | Q4 '21 | Q2 '22 | Q3 '22 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $519.50M | $519.50M | $519.50M | $34.00M | $37.00M | $678.00M | $631.00M | $667.00M | $677.00M | $672.00M | $627.00M | $680.00M | $694.00M | $698.00M | $637.00M |
| QoQ Change | — | +0.0% | +0.0% | -93.5% | +8.8% | >999% | -6.9% | +5.7% | +1.5% | -0.7% | -6.7% | +8.5% | +2.1% | +0.6% | -8.7% |
| YoY Change | — | — | — | -93.5% | -92.9% | >999% | — | — | -0.1% | — | -0.6% | +1.9% | +2.5% | +3.9% | +1.6% |