Flowserve 3Q 2026: Revenue $1.24B, Net income $107.05M, EPS $0.81— 10-Q Summary
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Flowserve reported third-quarter 2026 sales of $1.24 billion, up 5.4% year over year, while net income fell 52.2% to $107.05 million and diluted EPS declined 51.5% to $0.81. Aftermarket sales supported revenue growth, while nine-month bookings and backlog increased.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $1.24B | $1.17B | 5.4% |
| Net income² | $107.05M | $223.86M | (52.2%) |
| Diluted EPS³ | $0.81 | $1.67 | (51.5%) |
¹ Reported as “Sales”. ² Reported as “Net earnings, including noncontrolling interests”. ³ Reported as “Diluted earnings per share attributable to Flowserve Corporation common shareholders”.
Business Highlights
- Aftermarket sales accounted for 56% of sales in the first nine months, up from 53% a year earlier, supporting Flowserve’s higher-margin service strategy. Nine-month sales slipped 0.9%.
- Nine-month bookings rose 10.3% to $3.87 billion, while backlog grew 21% to $3.5 billion.
- Gross margin improved to 33.9% for the first nine months, supported by efficiency and product-rationalization programs, despite realignment costs and Middle East disruption.
- Flowserve acquired Trillium’s Valves Division and FAMCO and divested PMV Automation. The company expects backlog, execution gains and acquisitions to support 2026 revenue.
Original SEC Filing: FLOWSERVE CORP [ FLS ] - 10-Q - Oct. 28, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.