ITW Q2 2026: Revenue +6.1% to $4.30B, EPS +10.1%; sets 4% organic growth target

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 1, 2025 · ~2 min read

Key Changes

• high

  Q2 2026 revenue rose 6.1% to $4.30B, operating income +7% to $1.1B, and diluted EPS +10.1% to $2.84. Net income reached $815.0M (+7.9%). Operating margin expanded 40bp to 26.7% on enterprise initiatives and positive leverage.

  MD&A: Q2 Results verify on EDGAR →
• high

  Company sets new quantitative organic growth target of 4% or more through the cycle as its highest priority in the Next Phase (2024-2030), replacing prior qualitative goal to build organic growth into a core strength.

  MD&A: Next Phase Strategy verify on EDGAR →
• high

  Share repurchases doubled: 2.9M shares for $750M in Q2 2026 vs 1.5M for $375M in Q2 2025. year-to-date $1.1B vs $750M prior year.

  MD&A: Capital Allocation verify on EDGAR →