FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF1934 For the quarterly period ended:July 3, 2026Or Commission file number 1-37654________________________________________________ Fortive Corporation (Exact name of registrant as specified in its charter)________________________________________________ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 (the “Exchange Act”) during the preceding 12months (or for such shorter period that the registrant wasrequired to file such reports), and (2)has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of RegulationS-T during the preceding 12months (or for such shorter period that the registrant was required tosubmit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filer☒Non-acceleratedfiler☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant is a shell company (as defined by Rule12b-2 of the Exchange Act).Yes☐No☒The number of shares of common stock outstanding atJuly24, 2026was 302,017,052. FORTIVE CORPORATIONINDEXFORM 10-Q PART I -Item 1. FINANCIAL INFORMATION Financial StatementsConsolidated Condensed Balance Sheets4Consolidated Condensed Statements of Earnings5Consolidated Condensed Statements of Comprehensive Income6Consolidated Condensed Statements of Changes in Equity7Consolidated Condensed Statements of Cash Flows8Notes to Consolidated Condensed Financial Statements9Management's Discussion and Analysis of Financial Condition and Results of Operations24Quantitative and Qualitative Disclosures About Market Risk34Controls and Procedures34 Item 2.Item 3.Item 4.PART II -Item 1A.Item 2.Item 5.Item 6. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsOther InformationExhibitsSignatures FORTIVE CORPORATION AND SUBSIDIARIESCONSOLIDATED CONDENSED BALANCE SHEETS($ and shares in millions, except per share amounts) FORTIVE CORPORATION AND SUBSIDIARIESCONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME($ in millions)(unaudited) FORTIVE CORPORATION AND SUBSIDIARIESCONSOLIDATED CONDENSED STATEMENTS OF CHANGES IN EQUITY($ and shares in millions)(unaudited) FORTIVE CORPORATION AND SUBSIDIARIESNOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS NOTE 1. BUSINESS OVERVIEW Fortive Corporation (“Fortive,” “the Company,” “we,” “us,” or “our”) innovates essential technologies to keep our world safe andproductive. Our strategic segments - Intelligent Operating Solutions (“IOS”) and Advanced Healthcare Solutions (“AHS”) - includeiconic inventor brands with leading positions in their markets. Our businesses design, develop, manufacture, and market products,software, and services, building upon leading brand names, innovative technologies, and strong market positions. Our research anddevelopment, manufacturing, sales, distribution, service, and administrative facilities are located in approximately 50 countries aroundthe world. We prepared the unaudited consolidated condensed financial statements included herein in accordance with accounting principlesgenerally accepted in the United States of America (“GAAP”) and the rules and regulations of the U.S. Securities and ExchangeCommission (the “SEC”) applicable for interim periods. Certain information and footnote disclosures normally included in financialstatements prepared in accordance with GAAP have been omitted pursuant to such rules and regulations; however, we believe thedisclosures are adequate to make the information presented not misleading. Reclassifications of certain prior year amounts in theConsolidated Statements of Cash Flows have been made to conform to current year presentation. The unaudited consolidatedcondensed financial statements included herein should be read in conjunction with the audited annual consolidated financial statementsas of and for the year endedDecember31, 2025and the footnotes (“Notes”) thereto included within our 2025 Annual Report on Form10-K. Certain of our operations have been presented as discontinued operations. We present businesses whose disposal represents astrategic shift that has, or will have, a major effect on our operations and financial results as discontinue