Revenue

Total Revenue

Illinois Tool Works Total Revenue decreased by 1.9% to $4.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.6%, from $3.84B to $4.02B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 2.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase indicates growing market demand or successful price increases, while a decrease suggests market saturation or competitive pressure.

Detailed definition

The total amount of income generated by the sale of goods or services related to the company's primary operations. For a...

Peer comparison

Peer technology firms typically report this as Net Sales or Total Revenue, reflecting the scale of their market reach.

Metric ID: total_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.68B$3.56B$3.68B$3.94B$4.01B$4.01B$3.97B$4.02B$4.07B$4.03B$3.98B$3.97B$4.03B$3.97B$3.93B$3.84B$4.05B$4.06B$4.09B$4.02B
QoQ Change-3.3%+3.5%+7.1%+1.8%+0.0%-1.0%+1.2%+1.4%-1.1%-1.2%-0.3%+1.4%-1.5%-0.9%-2.4%+5.6%+0.1%+0.8%-1.9%
YoY Change+9.1%+12.8%+7.9%+2.0%+1.6%+0.5%+0.3%-1.1%-1.2%-1.6%-1.3%-3.4%+0.6%+2.3%+4.1%+4.6%
Range$3.56B$4.09B
CAGR+1.9%
Avg YoY Growth+2.3%
Median YoY Growth+1.1%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Automotive OEM$815.00M$772.00M$785.00M$786.00M$845.00M$830.00M$827.00M$820.00M
Test & Measurement and Electronics$678.00M$697.00M$747.00M$652.00M$686.00M$698.00M$789.00M$715.00M
Food Equipment$667.00M$677.00M$672.00M$627.00M$680.00M$694.00M$698.00M$637.00M
Welding$466.00M$462.00M$447.00M$472.00M$479.00M$477.00M$462.00M$507.00M
Construction Products$504.00M$479.00M$438.00M$443.00M$473.00M$473.00M$431.00M$458.00M
Polymers & Fluids$454.00M$448.00M$430.00M$429.00M$438.00M$441.00M$457.00M$452.00M
Specialty Products$449.00M$438.00M$416.00M$435.00M$455.00M$452.00M$433.00M$431.00M
Testand Measurementand Electronics$678.00M
Total$4.03B$3.97B$3.93B$3.84B$4.05B$4.06B$4.09B$4.02B

Testand Measurementand Electronics was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown

View all
SegmentFY'21FY'22FY'23FY'24FY'25
North America$7.52B$8.70B$8.72B$8.53B$8.48B
EMEA$3.87B$3.91B$4.15B$4.10B$4.16B
Asia Pacific$2.80B$2.99B$2.94B$2.96B$3.08B
Canada And Mexico$940.00M$1.10B$1.15B$1.16B$1.09B
South America$265.00M$324.00M$303.00M$306.00M$323.00M
Total$14.46B$15.93B$16.11B$15.90B$16.04B

All segment values are derived from annual filings.

Frequently Asked Questions

What is Illinois Tool Works's total revenue?
Illinois Tool Works (ITW) reported total revenue of $4.02B in Q1 2026.
How has Illinois Tool Works's total revenue changed year-over-year?
Illinois Tool Works's total revenue increased by 4.6% year-over-year, from $3.84B to $4.02B.
What is the long-term trend for Illinois Tool Works's total revenue?
Over 4 years (2021 to 2025), Illinois Tool Works's total revenue has grown at a 2.6% compound annual growth rate (CAGR), from $14.46B to $16.04B.
What does total revenue mean?
The total amount of money a company brings in from selling its products and services.