Fortive Corp (NYSE: FTV) is an industrial technology company that designs, manufactures, and sells measurement, workflow, and safety solutions across two operating segments: Intelligent Operating Solutions and Advanced Healthcare Solutions. Revenue comes from a mix of transactional product sales and recurring software and service arrangements tied to facility management, environmental health and safety, and clinical productivity tools. Intelligent Operating Solutions markets products under brands including Fluke, ServiceChannel, Gordian, Accruent, Industrial Scientific, and Intelex, targeting facilities, industrial, and field service end markets. Advanced Healthcare Solutions supplies instrument sterilization, instrument tracking, biomedical test tools, radiation detection, and clinical software under brands including ASP, Censis, Fluke Biomedical, Landauer, and Provation. Fortive was separated from Danaher Corporation and has since executed additional separations, spinning out Ralliant and Vontier as independent companies. The company operates under the Fortive Business System, a continuous-improvement operating framework. The 10-K for fiscal year ended in the period covered by the filing dated 2026-02-25 (accession 0001659166-26-000007) forms the basis for these details.

Revenue model

Fortive generates revenue through product sales of test, measurement, and safety hardware alongside recurring software subscriptions and service contracts covering facility management, environmental health and safety compliance, and clinical workflow solutions.

Products and services

Intelligent Operating Solutions: Fluke test and measurement tools, ServiceChannel facilities management software, Gordian construction cost data and procurement, Accruent asset and facilities management software, Industrial Scientific gas detection instruments, Intelex environmental health and safety software. Advanced Healthcare Solutions: ASP instrument sterilization systems, Censis instrument tracking, Fluke Biomedical biomedical test tools, Landauer radiation detection and safety monitoring, Provation clinical productivity and procedure documentation software.

Customers and end markets

End markets include industrial facilities, field service operations, construction and real estate, environmental health and safety compliance, and acute-care healthcare providers. Healthcare customers rely on sterilization, tracking, and clinical workflow tools to meet safety and regulatory standards.

Value-chain role

Fortive sits at the intersection of hardware manufacturing and software services, supplying measurement instruments, detection devices, and workflow software platforms that operate facilities, ensure regulatory compliance, and support clinical environments rather than serving as a component or raw material supplier.

Geographic exposure

Fortive operates internationally, with products and services subject to varying foreign regulatory requirements including CE marking and MDR compliance in the European Economic Area. Specific revenue breakdowns by geography are not detailed in the excerpts provided.

Source: SEC 10-K, filed 2026-02-25

Industry: Industrial Instruments For Measurement, Display, and Control Peers: Dover Corp Ingersoll Rand Inc IDEX Corp Illinois Tool Works Inc Xylem Inc Nordson Corp Otis Worldwide Corp Parker-Hannifin Corp Stanley Black & Decker Inc