Fortive Corporation FTV

Revenue Intelligence Report • 43 quarters of SEC filing data • Updated 2026-03-15

Fortive Corporation has a forecasted full-year revenue of $7.5B, a +79.3% year-over-year change, based on 43 quarters of SEC filing data. Key revenue drivers include R&D ($40.96 per $1) and SG&A ($2.86 per $1). The ARDL model has 9.8% MAPE.

Investment Thesis

At 9.8% MAPE, the model captures Fortive Corporation's broad revenue trajectory, though quarterly variability suggests sensitivity to external factors. Every $1 of R&D investment is associated with $40.96 of revenue, indicating efficient capital deployment in innovation. Each $1 of SG&A spending generates $2.86 in revenue, reflecting strong commercial efficiency.

Next FY Revenue
$7.46B
+79.3% YoY
R&D Multiplier
$40.96 per $1
SG&A Multiplier
$2.86 per $1
Model Accuracy
9.8% MAPE
Holdout validation: The model predicted $1.8B vs the actual $1.1B — an error of 57.3%.
Investor insight: Actual revenue ($1.1B) came in 57% below the spending-based forecast ($1.8B). This suggests spending is not yet translating to revenue at historical rates.

Revenue Forecast

FTV Revenue Forecast

Quarterly Detail

QuarterModel ForecastActual95% RangeYoY GrowthStatus
Q4 2025 $1.8B $1.1B $1.5B – $2.1B +64.6% ✗ Outside range
Q1 2026 $1.4B $1.0B – $1.8B +43.2%
Q2 2026 $1.7B $1.2B – $2.2B +68.5%
Q3 2026 $2.1B $1.5B – $2.7B +102.1%
Q4 2026 $2.2B $1.6B – $2.9B +100.0%

Seasonal Factors

Multiplicative seasonal adjustment: These factors capture Fortive Corporation's systematic quarterly revenue patterns relative to the trend model. A factor of 1.05 means that quarter typically runs 5% above the underlying trend; 0.95 means 5% below. Factors are computed as the median of (actual / fitted) across all available quarters.
Fiscal QuarterSeasonal Factorvs TrendInterpretationObs.
FQ1 (Sep–Nov) 0.9968 -0.3% In line with trend 10
FQ2 (Dec–Feb) 1.0159 +1.6% In line with trend 9
FQ3 (Mar–May) 1.0186 +1.9% In line with trend 9
FQ4 (Jun–Aug) 1.0593 +5.9% +5.9% above trend 10

How Spending Drives Revenue

FTV Spending Timing
Reading this chart: Each line shows the cumulative revenue generated per $1 spent over subsequent quarters. The effect builds over 4-5 quarters as investments mature.

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Data sourced from SEC EDGAR XBRL filings. Model: ARDL (linear) with 43 quarters. This analysis is for informational purposes only and does not constitute investment advice.

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