Earnings Releases·Oct 28, 2026, 4:18 PM ET

Flowserve Corporation — Third Quarter 2026 Earnings Summary

Q3 2026 sales rose 5.4% YoY to $1,237.8 million, while YTD sales declined 0.9% to $3,475.2 million; reported EPS fell to $0.81 from $1.67, though adjusted EPS increased 18.9% YoY to $1.07.
Full-year 2026 adjusted EPS guidance was raised to $4.10–$4.20 (from $4.05–$4.20), while organic sales guidance was revised to a 2.5%–1.5% decline (from ~1% decline) and total sales growth to +2% to +3%.
Backlog reached a record $3.5 billion, up 19.9% YoY, driven by strong bookings growth across both Pumps (+14.7%) and Flow Control (+12.6%) divisions.
Management anticipates Middle East geopolitical instability will delay customer activity and revenue conversion in Q4, though long-term goals for mid-single digit organic sales CAGR through 2030 remain unchanged.
Capital expenditures for 2026 were revised down to ~$90 million, and the company executed $75.0 million in share repurchases and $82.9 million in dividends during the first nine months of the year.