Illinois Tool Works ITW Welding — Variable cost of revenue

Other segment segments

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Questions, answered.

What is Illinois Tool Works's welding — variable cost of revenue?

Illinois Tool Works (ITW) reported welding — variable cost of revenue of $227M in Q1 2026.

How has Illinois Tool Works's welding — variable cost of revenue changed year-over-year?

Illinois Tool Works's welding — variable cost of revenue increased by 6.1% year-over-year, from $214M to $227M.

What is the long-term trend for Illinois Tool Works's welding — variable cost of revenue?

Over 3 years (2022 to 2025), Illinois Tool Works's welding — variable cost of revenue has grown at a -3.6% compound annual growth rate (CAGR), from $936M to $839M.

What does welding — variable cost of revenue mean?

The direct costs of producing goods sold by the welding segment.

How do you interpret welding — variable cost of revenue?

A decrease relative to revenue indicates improved production efficiency or better cost management.

How does welding — variable cost of revenue compare across companies?

Standard cost of goods sold (COGS) component for manufacturing segments.