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Flowserve Corporation Reports Third Quarter 2026 Results

Business Wire•28/10/2026•16:10 ET
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Key Highlights

  • ➤Bookings $1.38 billion, up 14% reported and 8% organically year over year
  • ➤Adjusted EPS $1.07, up 18.9% year over year
  • ➤2026 adjusted EPS guidance raised to $4.10-$4.20
  • ➤2026 organic sales guidance revised to down 2.5% to down 1.5%
  • ➤Backlog $3.5 billion, up 20% year over year, a company record

Expert Statements

Scott Rowe, President and Chief Executive Officer of Flowserve

“Our teams delivered another quarter of meaningful bookings growth, adjusted operating margin expansion, and higher adjusted earnings per share while navigating ongoing Middle East disruption”

Scott Rowe, President and Chief Executive Officer of Flowserve

“The Flowserve Business System is helping us translate solid market demand into bookings growth and stronger profitability, with a clear focus on growth, execution, and customer service. The resilience and commitment of our associates around the globe remain instrumental in our ability to deliver for our customers and shareholders.”

Scott Rowe, President and Chief Executive Officer of Flowserve

“With three quarters behind us, our year-to-date earnings performance and continued margin expansion support raising the low end of our adjusted EPS guidance range. At the same time, we are lowering our full-year sales growth outlook to reflect more challenging operating conditions in the Middle East, which are delaying customer activity and revenue conversion and are expected to impact fourth-quarter sales. Significant growth in our backlog, alongside healthy underlying demand across our end markets, reinforces our confidence in delivering mid-single digit organic sales CAGR through 2030, while continued operational progress supports our broader long-term financial targets. We remain focused on converting our growing backlog to sales, further reducing complexity in our operations, and continuing to deliver margin expansion to create shareholder value.”

Flowserve Business System Delivers Strong Q3 Performance; Updates 2026 Guidance

Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, reported its financial results for the third quarter ended September 30, 2026.

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