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Illinois Tool Works ITW Food Equipment — Variable cost of revenue
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Where this comes from
Reported directly by Illinois Tool Works in its filing.
Tagged under the XBRL concept us-gaap:CostOfRevenue.
The source filing: Illinois Tool Works’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 3:34 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000049826-26-000049
| In millions | Three Months Ended / June 30, 2026 | Three Months Ended / June 30, 2025 | Six Months Ended / June 30, 2026 | Six Months Ended / June 30, 2025 |
|---|---|---|---|---|
| Operating Revenue | $4,301 | $4,053 | $8,317 | $7,892 |
| Variable cost of revenue: | ||||
| Automotive OEM | $461 | $459 | $903 | $894 |
| Food Equipment | 322 | 313 | 620 | 597 |
| Test & Measurement and Electronics | 335 | 302 | 644 | 584 |
| Welding | 254 | 215 | 481 | 429 |
| Polymers & Fluids | 223 | 208 | 433 | 413 |
| Construction Products | 221 | 210 | 427 | 410 |
ITEM 1. Financial Statements
FAQ
- What is Illinois Tool Works's food equipment — variable cost of revenue?
- Illinois Tool Works (ITW) reported food equipment — variable cost of revenue of $322M in Q2 2026.
- How has Illinois Tool Works's food equipment — variable cost of revenue changed year-over-year?
- Illinois Tool Works's food equipment — variable cost of revenue increased by 2.9% year-over-year, from $313M to $322M.
- What is the long-term trend for Illinois Tool Works's food equipment — variable cost of revenue?
- Over 3 years (2022 to 2025), Illinois Tool Works's food equipment — variable cost of revenue has grown at a 1.0% compound annual growth rate (CAGR), from $1.2B to $1.24B.
- What does food equipment — variable cost of revenue mean?
- The direct costs associated with producing and delivering the food equipment products sold, including raw materials, direct labor, and variable manufacturing overhead. This metric is essential for calculating the segment's gross margin and operational efficiency.
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