ITW · 10-Q · 2026Q2 · Full report
Welding Market Demand
ILLINOIS TOOL WORKS INC · 2026-08-06 · Importance 42 · Surprise 40 · Matches filing data
Welding organic revenue grew 13.9% in the second quarter and 10.0% year to date, with equipment growth of 18.7% and 13.4%, respectively. North American organic revenue increased 18.5% in the quarter and 13.5% year to date, driven by industrial growth of 16.7% and 11.9% and commercial growth of 14.2% and 9.9%. Demand was particularly strong in infrastructure, energy, aerospace and defense. International organic revenue declined 6.4% in the quarter and 6.3% year to date because of weaker demand in Asia Pacific and Europe.
Key facts
- Operating revenue for the Welding segment increased 14.7% in the second quarter and operating revenue was $1,056 million in the six months ended June 30, 2026 with an 11.0% increase year-to-date. source
- Welding organic revenue increased 13.9% in the second quarter with equipment up 18.7% and consumables up 6.0%. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +2.4% | Operating revenue for the Welding segment increased 14.7% in the second quarter and operating revenue was $1,056 million in the six months… |