Illinois Tool Works Inc. revenue by year
Over the 10 fiscal years shown, revenue went from $13.60B (year ended Dec 31, 2016) to $16.04B (year ended Dec 31, 2025), a compound annual growth rate of 1.9%. The fastest growth was +15.0% in the year ended Dec 31, 2021; the weakest year was −10.9% (year ended Dec 31, 2020).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 31, 2025 | $16.04B | +0.9% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 13, 2026 |
| Dec 31, 2024 | $15.90B | −1.3% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 13, 2026 |
| Dec 31, 2023 | $16.11B | +1.1% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 13, 2026 |
| Dec 31, 2022 | $15.93B | +10.2% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 14, 2025 |
| Dec 31, 2021 | $14.46B | +15.0% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 9, 2024 |
| Dec 31, 2020 | $12.57B | −10.9% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 10, 2023 |
| Dec 31, 2019 | $14.11B | −4.5% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 11, 2022 |
| Dec 31, 2018 | $14.77B | +3.2% | Revenues | 10-K filed Feb 15, 2019 |
| Dec 31, 2017 | $14.31B | +5.3% | Revenues | 10-K filed Feb 15, 2019 |
| Dec 31, 2016 | $13.60B | +1.4% | Revenues | 10-K filed Feb 15, 2019 |
Illinois Tool Works Inc. reported revenue under 2 different XBRL concepts across these years (often after the 2018 change in revenue-recognition rules, ASC 606). Each row shows the concept used, so you can judge comparability.
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Sep 30, 2026 | $4.24B | +4.4% | 10-Q filed Oct 28, 2026 |
| 3 months ended Jun 30, 2026 | $4.30B | +6.1% | 10-Q filed Aug 6, 2026 |
| 3 months ended Mar 31, 2026 | $4.02B | +4.6% | 10-Q filed May 7, 2026 |
| 3 months ended Sep 30, 2025 | $4.06B | +2.3% | 10-Q filed Oct 28, 2026 |
| 3 months ended Jun 30, 2025 | $4.05B | +0.6% | 10-Q filed Aug 6, 2026 |
| 3 months ended Mar 31, 2025 | $3.84B | −3.4% | 10-Q filed May 7, 2026 |
| 3 months ended Sep 30, 2024 | $3.97B | −1.6% | 10-Q filed Oct 24, 2025 |
| 3 months ended Jun 30, 2024 | $4.03B | −1.2% | 10-Q filed Aug 1, 2025 |
Source: SEC EDGAR XBRL company facts for CIK 49826 (raw data). Most recent filing in this dataset: 10-Q filed Oct 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.