Form 10-Q · Quarterly report

Dover Corporation 10-Q, filed Oct 22, 2026

Filed
CIK
0000029905
Accession no.
0000029905-26-000033
AI-generated summary

Summary

Dover Corporation reported third-quarter 2026 revenue of $2.2 billion, up 7.5% from a year earlier on 7.1% organic growth, with net earnings of $333.3 million and diluted earnings per share from continuing operations of $2.50. Bookings rose 15.5% to $2.3 billion, and the company recorded $21.8 million in restructuring and other costs tied to headcount reductions, repurchased 1.68 million shares for $331.6 million, and completed two acquisitions in its Pumps & Process Solutions segment, including Cloeren Incorporated for $39.2 million.

Key points

  • Third-quarter 2026 revenue was $2.23 billion, up 7.5% year over year, driven by 7.1% organic growth, 0.5% acquisition growth and a 0.1% foreign-currency headwind.
  • Organic revenue rose 17.9% in Climate & Sustainability Technologies and 12.1% in Clean Energy & Fueling, but fell 1.6% in Engineered Products.
  • Bookings were $2.3 billion for the quarter, up 15.5%, with gains across all segments.
  • Dover repurchased 1,684,185 shares for $331.6 million at $196.88 per share, leaving 12,508,871 shares authorized, and acquired Cloeren Incorporated for $39.2 million.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

Item 2. Management’s Discussion OVERVIEW Dover is a diversified global manufacturer and solutions provider delivering innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. The Company's entrepreneurial business model encourages, promotes and fosters deep customer engagement and collaboration, which has led to Dover's well-established and valued reputation for providing superior customer service and industry-leading product innovation. …

An excerpt of the text as filed with the SEC, cut for length.

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