Illinois Tool Works (ITW) Q2 FY26 earnings call

Illinois Tool Works delivered robust Q2 FY26 results, marked by record operating income and strong organic growth, particularly in CapEx-focused segments. The company raised its full-year guidance for both top and bottom lines, driven by accelerating demand and effective execution of its enterprise strategy, including significant contributions from customer-back innovation. Management remains confident in its long-term growth and margin expansion trajectory despite temporary price-cost pressures.