StockWatch
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Fluid Controls
Quarterly ResultJul 29, 2026, 04:12 PM

Flowserve Q2 Adjusted EPS $0.95; Raises Low-End FY26 Adj. EPS Guidance

AI Summary

Flowserve reported strong second-quarter 2026 results with adjusted EPS of $0.95 and total bookings up 25.5% to $1.35 billion. The company expanded its adjusted operating margin by 70 basis points to 15.3%. While full-year 2026 organic sales guidance was updated to approximately down 1% due to geopolitical uncertainty in the Middle East, Flowserve raised the low end of its adjusted EPS guidance to $4.05-$4.20, reflecting confidence in margin expansion.

Key Highlights

  • Q2 Adjusted EPS was $0.95, up 4.4% year-over-year.
  • Total bookings increased 25.5% to $1.35 billion in Q2 2026.
  • Adjusted operating margin expanded 70 basis points to 15.3% in Q2.
  • Full-year 2026 adjusted EPS guidance raised to $4.05-$4.20.
  • Full-year 2026 organic sales guidance updated to approximately down 1%.
  • Backlog grew 16.9% to $3.34 billion.
  • Flowserve Pumps Division sales were $814.1 million in Q2.
  • Flow Control Division sales were $357.3 million in Q2.