ITW Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), ITW reported revenue of $4.3B, gross profit of $1.9B (44.1% gross margin), operating income of $1.1B, and net income of $815M (18.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ITW was profitable; revenue grew 6.0% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +6.0% | −0.7% | −1.3 pp |
Consensus estimate data is not available for this report.
ITW Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $4.3B | 100% |
| Cost of Revenue | −$2.4B | 55.9% |
| Gross Profit | $1.9B | 44.1% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$735M | 17.1% |
| Other Operating Expenses | −$16M | 0.4% |
| Operating Income | $1.1B | 26.7% |
| Interest Expense | −$79M | 1.8% |
| Other Income, net | $12M | 0.3% |
| Income Tax Expense | −$265M | 6.2% |
| Net Income | $815M | 18.9% |
Source: ITW filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.