---
title: "Fortive: Business Model & Revenue Engine"
description: "Fortive revenue by business segment and geography from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/fortive/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Fortive: Business Model & Revenue Engine

## Direct Answer

Fortive reports revenue across 2 business segments in its fiscal 2025 Form 10-K. Intelligent Operating Solutions is the largest, with $2.9 billion of revenue (69% of the total), followed by Advanced Healthcare Solutions at $1.3 billion (31%).

## How Does Fortive Make Money?

Intelligent Operating Solutions supplies 69% of revenue, so Fortive's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Intelligent Operating Solutions grew fastest (+2.3%) and Advanced Healthcare Solutions slowest (+1.2%), so the revenue mix tilts toward Intelligent Operating Solutions while that gap lasts.

| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Intelligent Operating Solutions | $2.9 billion | $2.8 billion | 68.7% | 2.3% |
| Advanced Healthcare Solutions | $1.3 billion | $1.3 billion | 31.3% | 1.2% |

![Bar chart of Fortive revenue by segment for fiscal 2025: Intelligent Operating Solutions 68.7%, Advanced Healthcare Solutions 31.3%.](https://www.getswoopr.com/images/charts/fortive-business-model-segment-mix.webp)
*Fortive revenue by segment as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## Which Fortive Segments Earn the Most?

| Segment | FY2025 segment operating income | Segment margin |
| --- | --- | --- |
| Intelligent Operating Solutions | $738 million | 25.8% |
| Advanced Healthcare Solutions | $139 million | 10.6% |

Segment operating income is the profit measure Fortive reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within Fortive more safely than against another company.

## What Does Fortive Sell?

Fortive also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business.

| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Product | $3.3 billion | $3.3 billion | 80.3% | 1.5% |
| Service | $818 million | $790 million | 19.7% | 3.5% |

## Where Does Fortive's Revenue Come From?

Regions follow the definitions in the filing; most companies assign revenue by customer location.

| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| North America | $2.5 billion | $2.4 billion | 59.9% | 3.1% |
| Asia Pacific | $730 million | $733 million | 17.6% | -0.4% |
| EMEA | $726 million | $721 million | 17.5% | 0.7% |
| Latin America | $212 million | $210 million | 5.1% | 1.1% |

## What the Segment Figures Do Not Show

The rows above add up to 100% of Fortive's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

## Where These Numbers Come From

Every figure on this page is a value Fortive reported in the segment note and revenue disclosures of its Form 10-K filed February 25, 2026 (accession 0001659166-26-000007), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What are Fortive's business segments?

In its fiscal 2025 Form 10-K, Fortive reports revenue for Intelligent Operating Solutions and Advanced Healthcare Solutions.

### Which part of Fortive brings in the most revenue?

Intelligent Operating Solutions, with $2.9 billion of revenue in fiscal 2025, or 69% of the total.

### Where does Fortive report its segment results?

In the segment note to the financial statements in its Form 10-K, most recently filed February 25, 2026, alongside management's discussion of each segment's results.

## References

- [SEC EDGAR: Fortive Corp Form 10-K filed February 25, 2026](https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ftv-20251231.htm)
- [SEC EDGAR: Fortive Corp annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1659166&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

## Related Pages

- [Fortive company dossier](https://www.getswoopr.com/stocks/companies/fortive/)
- [Fortive financial metrics](https://www.getswoopr.com/stocks/companies/fortive/metrics/)
- [Fortive financial risk indicators](https://www.getswoopr.com/stocks/companies/fortive/risks/)
- [Fortive peer comparison](https://www.getswoopr.com/stocks/companies/fortive/competitors/)
- [Fortive business model and revenue mix](https://www.getswoopr.com/stocks/companies/fortive/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).