Every material Form 8-K Illinois Tool Works filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Illinois Tool Works reported third quarter 2026 revenue of $4.24 billion and a 7 percent increase in GAAP earnings per share to $3.00. Driven by strong operational execution and a record operating income of $1.18 billion, the company raised its full year 2026 GAAP EPS guidance by $0.05 at the midpoint to a narrowed range of $11.45 to $11.55.
Revenue reached $4.24 billion in the third quarter of 2026, representing a 4 percent increase year-over-year.
GAAP EPS grew 7 percent to $3.00, accompanied by a record operating income of $1.18 billion.
Full year 2026 GAAP EPS guidance was raised by $0.05 at the midpoint to a range of $11.45 to $11.55 per share.
The company repurchased $187 million of its own shares and raised its dividend 7 percent during the quarter.
ITW reported second-quarter 2026 revenue of $4.30 billion, up 6.1%, and GAAP EPS of $2.84, up 10.1%, with operating income up 7.4% to $1.15 billion. The company raised its full-year 2026 GAAP EPS guidance by $0.15 to a range of $11.35 to $11.55, which signals higher expected profit for shareholders.
Q2 revenue of $4.30 billion rose 6.1%, with organic growth of 4.5%.
GAAP EPS of $2.84 rose 10.1%; operating income of $1.15 billion rose 7.4%.
2026 GAAP EPS guidance raised by $0.15 to $11.35 to $11.55; revenue growth guidance raised to 4% to 5%.
Q2 free cash flow was $631 million, up 41%; the company repurchased $750 million of shares in the quarter.
Illinois Tool Works said its Vice President and Chief Accounting Officer, Randall Scheuneman, will step down from that role June 30, 2026 and retire March 1, 2027, staying on as an advisor until then. Matteo Pigozzo, a company veteran since 2006, will take over as Chief Accounting Officer and Principal Accounting Officer effective July 1, 2026. The company said the planned retirement involves no disagreement on financial statements, internal controls, operations, policies or practices.
Randall Scheuneman steps down as CAO and principal accounting officer effective June 30, 2026; retires March 1, 2027
Matteo Pigozzo, age 55, succeeds him effective July 1, 2026
Pigozzo joined in 2006 as Director of Financial Reporting and most recently served as Vice President & Corporate Controller
The filing states no material changes to Pigozzo's compensation arrangements
Illinois Tool Works reported first-quarter 2026 revenue of $4.02 billion, up 4.6%, and GAAP earnings per share of $2.66, up 12%. The company raised its full-year 2026 GAAP EPS guidance by $0.10 to a range of $11.10 to $11.50, so shareholders get higher profit expectations, though organic revenue growth was only 0.4% and foreign currency added 3.9 points.
Q1 revenue $4.02 billion, up 4.6%; organic growth 0.4%, with foreign currency adding 3.9 points
Q1 GAAP EPS $2.66 versus $2.38 diluted a year earlier; operating margin 25.4%, up 60 basis points
Full-year 2026 GAAP EPS guidance raised by $0.10 to $11.10-$11.50; revenue growth of 2%-4% projected
Q1 share repurchases of $375 million; about $1.5 billion of buybacks expected in 2026
On February 20, 2026, Illinois Tool Works entered a $3.0 billion, five-year credit agreement with JPMorgan Chase Bank, N.A. as Agent and Citibank, N.A. as Syndication Agent, and terminated its existing credit agreement dated October 21, 2022. The company reported that no amounts were outstanding under either facility as of February 20, 2026, so the change refinances the revolver rather than adding borrowed funds.
New $3.0 billion five-year credit agreement dated February 20, 2026, with JPMorgan Chase Bank, N.A. as Agent and Citibank, N.A. as Syndication Agent
Replaces the existing revolver that was scheduled to terminate on October 21, 2027; the prior agreement was terminated on February 20, 2026
No amounts outstanding under either facility as of February 20, 2026
Company may request an increase of the total facility up to $5.0 billion, at the lenders' discretion; includes a minimum interest coverage ratio covenant
Illinois Tool Works reported fourth-quarter 2025 revenue of $4.1 billion, up 4.1%, and GAAP earnings of $2.72 per diluted share, up 7%. It also initiated 2026 guidance for GAAP EPS of $11.00 to $11.40 and plans to repurchase about $1.5 billion of its shares, which is relevant to shareholders because it sets the company's expected profit and buyback levels for the year.
Q4 2025 revenue was $4.1 billion, up 4.1%, with organic growth of 1.3%
Full-year 2025 GAAP EPS was $10.49, above the prior guidance midpoint of $10.45
2026 guidance: revenue growth of 2% to 4% and GAAP EPS of $11.00 to $11.40
The company plans to repurchase approximately $1.5 billion of its own shares in 2026
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Illinois Tool Works filing is on SEC EDGAR ↗. 8-K briefs of other companies →