Illinois Tool Works Inc. (ITW) Revenue by Segment

Illinois Tool Works revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Illinois Tool Works's largest business segment was Automotive OEM, with $857.00 million or 20% of revenue, up 1.4% from a year earlier. Next: Test and Measurement and Electronics (18%), Food Equipment (16%) and Welding (13%).

The fastest-growing business segment from a year earlier was Welding (+14.6%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

Illinois Tool Works Inc.

ITWManufacturing and Production

United States

Manufacturing and Production

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Automotive OEMTest and Measurement and ElectronicsFood EquipmentPolymers and FluidsConstruction ProductsWeldingSpecialty ProductsIntersegment eliminations

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Automotive OEM	USD 857.00M	19.9%	+1.4%
Test and Measurement and Electronics	USD 769.00M	17.9%	+12.1%
Food Equipment	USD 692.00M	16.1%	+1.8%
Welding	USD 549.00M	12.8%	+14.6%
Construction Products	USD 494.00M	11.5%	+4.4%
Polymers and Fluids	USD 476.00M	11.1%	+8.7%
Specialty Products	USD 468.00M	10.9%	+2.9%

Sum of items USD 4.30B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Automotive OEM	857.0M	820.0M	827.0M	830.0M	845.0M	786.0M	785.0M	772.0M	815.0M	816.0M	–	799.0M	826.0M	796.0M	–	753.0M	711.0M	760.0M	–	647.0M	707.0M	783.0M	–	714.0M	361.0M	696.0M	–	744.0M	788.0M	806.0M	–	781.0M	879.0M	901.0M	–	795.0M
Test and Measurement and Electronics	769.0M	715.0M	789.0M	698.0M	686.0M	652.0M	747.0M	697.0M	678.0M	696.0M	–	698.0M	700.0M	703.0M	–	715.0M	696.0M	685.0M	–	552.0M	606.0M	552.0M	–	489.0M	455.0M	485.0M	–	512.0M	533.0M	524.0M	–	536.0M	554.0M	543.0M	–	525.0M
Food Equipment	692.0M	637.0M	698.0M	694.0M	680.0M	627.0M	672.0M	677.0M	667.0M	631.0M	–	678.0M	654.0M	635.0M	–	633.0M	614.0M	566.0M	–	544.0M	514.0M	451.0M	–	449.0M	336.0M	483.0M	–	551.0M	548.0M	518.0M	–	567.0M	553.0M	527.0M	–	549.0M
Polymers and Fluids	476.0M	452.0M	457.0M	441.0M	438.0M	429.0M	430.0M	448.0M	454.0M	432.0M	–	458.0M	459.0M	447.0M	–	473.0M	496.0M	481.0M	–	456.0M	466.0M	435.0M	–	438.0M	354.0M	393.0M	–	418.0M	427.0M	416.0M	–	415.0M	445.0M	442.0M	–	434.0M
Construction Products	494.0M	–	431.0M	473.0M	473.0M	443.0M	–	479.0M	504.0M	488.0M	–	522.0M	526.0M	526.0M	–	527.0M	565.0M	551.0M	–	478.0M	518.0M	469.0M	–	456.0M	376.0M	390.0M	–	416.0M	424.0M	401.0M	–	431.0M	444.0M	428.0M	–	440.0M
Welding	549.0M	507.0M	–	477.0M	479.0M	472.0M	447.0M	–	466.0M	476.0M	–	468.0M	490.0M	493.0M	–	477.0M	486.0M	450.0M	–	425.0M	402.0M	401.0M	–	346.0M	298.0M	372.0M	–	402.0M	422.0M	427.0M	–	414.0M	440.0M	423.0M	–	378.0M
Specialty Products	468.0M	431.0M	433.0M	–	455.0M	–	416.0M	438.0M	449.0M	–	–	414.0M	423.0M	423.0M	–	438.0M	447.0M	452.0M	–	459.0M	471.0M	457.0M	–	420.0M	387.0M	414.0M	–	441.0M	473.0M	465.0M	–	475.0M	522.0M	485.0M	–	498.0M
Intersegment eliminations	–	–	–	–	–	–	–	7.0M	–	–	–	–	–	–	–	–	–	- 6.0M	–	- 5.0M	- 8.0M	–	–	- 5.0M	–	- 5.0M	–	- 5.0M	- 6.0M	- 5.0M	–	- 6.0M	- 6.0M	- 5.0M	–	- 4.0M

Illinois Tool Works revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Automotive OEM	$857.0M	$820.0M	$830.0M	$845.0M	20%
Test and Measurement and Electronics	$769.0M	$715.0M	$698.0M	$686.0M	18%
Food Equipment	$692.0M	$637.0M	$694.0M	$680.0M	16%
Welding	$549.0M	$507.0M	$477.0M	$479.0M	13%
Construction Products	$494.0M	–	$473.0M	$473.0M	11%
Polymers and Fluids	$476.0M	$904.0M	$882.0M	$438.0M	11%
Specialty Products	$468.0M	$431.0M	–	$455.0M	11%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Illinois Tool Works's business segments?

Automotive OEM, Test and Measurement and Electronics, Food Equipment, Welding, Construction Products, Polymers and Fluids and Specialty Products (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Illinois Tool Works?

Automotive OEM: $857.00 million, or 20% of revenue, in Q2 fiscal 2026.

MoreIllinois Tool Works stock overview Illinois Tool Works financials Illinois Tool Works executive team Illinois Tool Works shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.