The table below shows ILLINOIS TOOL WORKS INC's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$16.04B
$15.90B
$16.11B
$15.93B
$14.46B
$12.57B
Cost of revenue
$7.56B
$7.60B
$7.94B
$8.14B
$8.49B
$7.38B
Gross profit
-
-
-
-
-
-
R&D
$302.00M
$292.00M
$284.00M
$269.00M
$239.00M
$214.00M
ITW annual revenue (10-K history)
ILLINOIS TOOL WORKS INC reported annual revenue of $16.04B for fiscal year 2025. That is up 0.9% from $15.90B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $13.60B (FY 2016) to $16.04B. Figures come from the company's audited annual reports as filed with the SEC.
