Fortive (FTV) Revenue — Quarter Ended Jun 28, 2024
Revenue increased compared to both the preceding quarter and the same quarter a year ago. The sequential growth was particularly strong.
Key takeaway
Quarter ended Jun 28, 2024 · FY2024 Q2
Revenue increased compared to both the preceding quarter and the same quarter a year ago. The sequential growth was particularly strong.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+112.6%
Change from the immediately preceding quarter.
Year-over-year
+37.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 29, 2023 | $1.5B | +2.6% |
| Dec 31, 2023 | -$567.7M | -137.1% |
| Mar 29, 2024 | $984.2M | -32.6% |
| Jun 28, 2024 | $2.1B | +37.1% |
Revenue performance
The company reported higher revenue for the quarter, building on the broader upward trend. The growth rate accelerated from the prior period.
Quarterly comparison
On a year-over-year basis, revenue also posted a solid increase, reflecting sustained demand. The comparison with the same period last year showed notable improvement.
What to watch
The pace of sequential expansion may moderate as comparisons become more challenging in the coming periods.