FLS

DALLAS, July 15, 2026--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) ("Flowserve" or the "Company") will release its second quarter 2026 earnings results after the market closes on Wednesday, July 29, 2026. Flowserve will host a conference call to discuss second quarter results the following morning, on Thursday, July 30, 2026, at 8:30 a.m. Eastern Time. The earnings materials and webcast of the conference call can be accessed by shareholders and other interested parties on Flowserve’s Investors page. About Flowserve Flowserve Corporation is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 50 countries, the Company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the Company’s website at www.flowserve.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260715181930/en/ Contacts Investor Contacts: [email protected] Brian Ezzell, Vice President, Investor Relations, Treasurer & Corporate FinanceOlivia Webb, Director, Investor Relations Media Contact: [email protected]

A month has gone by since the last earnings report for Flowserve (FLS). Shares have added about 2.1% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Flowserve due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers. Flowserve’s first-quarter 2026 adjusted earnings of 85 cents per share beat the Zacks Consensus Estimate of 82 cents. The bottom line increased 18.1% year over year.Flowserve’s total revenues of $1.07 billion missed the consensus estimate of $1.19 billion. Also, the top line decreased 6.7% year over year. Aftermarket bookings decreased 1.2% year over year to $680.3 million, while original equipment bookings decreased 13% year over year to $467.9 million.Total bookings amounted to $1.15 billion, reflecting a decrease of 6.4% year over year. The backlog at the end of the quarter was $2.95 billion, up 1.5% year over year. Flowserve currently has two reportable segments, Flowserve Pump Division and Flow Control Division. A brief discussion of the segments is provided below:In the first quarter, revenues from the Flowserve Pumps Division segment were $744.5 million, down 4.9% year over year. Segmental operating income was $125.8 million, down 7.8% year over year.Revenues from the Flow Control Division segment were $327.6 million, down 10% year over year. The segment’s operating income was $41.7 million, up 32.4% year over year. In the first quarter, Flowserve’s cost of sales decreased 11.2% year over year to $688.4 million. Gross profit rose 2.8% year over year to $379.8 million and the margin increased 330 basis points (bps) to 35.6%. Selling, general and administrative expenses were $263.4 million, up 8.3% year over year.Operating income decreased 9.5% year over year to $119.4 million. The operating margin was 11.2%, down 30 bps year over year. The effective tax rate was 19.7%. Exiting the first quarter, Flowserve had cash and cash equivalents of $792.4 million compared with $760.2 million at the end of 2025. Long-term debt (due after one year) was $1.66 billion compared with $1.53 billion reported at the end of 2025.In the first three months of 2026, the company used net cash of $43...

DALLAS, May 14, 2026--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) ("Flowserve" or the "Company"), a leading provider of flow control products and services for the global infrastructure markets, has released the voting results of its 2026 Annual Meeting of Shareholders and announced its quarterly cash dividend. Annual Meeting Results At the virtual Annual Meeting, Flowserve’s shareholders elected Sujeet Chand, Ruby R. Chandy, John L. Garrison, Cheryl H. Johnson, Michael C. McMurray, Thomas B. Okray, R. Scott Rowe, Brian D. Savoy and Ross B. Shuster to its Board of Directors, reflecting continued shareholder support in Flowserve’s Board. Each Board member will serve an annual term expiring at the 2027 Annual Meeting of Shareholders. Gayla J. Delly, who has served on the Board for 18 years, and Kenneth I. Siegel, who has served for four years, did not stand for re-election. "On behalf of Flowserve associates around the world, I would like to thank Gayla Delly and Kenneth Siegel for their service on the Board and contributions to Flowserve," said Scott Rowe, Flowserve President and Chief Executive Officer. "We appreciate the support of our shareholders and remain focused on advancing our strategic growth priorities and continuing to drive sustainable value for our shareholders." The voting results for the remaining proposals were as follows: Shareholders approved an advisory vote on executive compensation, with approximately 94.1 percent voting in favor of the proposal. Shareholders ratified the appointment of PricewaterhouseCoopers LLP as Flowserve’s independent registered public accounting firm for 2026. Shareholders rejected a shareholder proposal requesting an annual advisory shareholder vote regarding the Company’s stock repurchases, with approximately 96.3 percent voting against the proposal. Final voting results on all agenda items will be available in a Current Report on Form 8-K to be filed following certification by Flowserve’s inspector of elections. Biographies for all members of the board can be found in Flowserve’s 2026 Proxy Statement or on www.flowserve.com. Dividends Declared Flowserve’s Board of Directors has authorized a quarterly cash dividend of $0.22 per share on outstanding shares of common stock. The dividend is payable July 10, 2026, to shareholders of record as of the close of business on June 26, 2026. While Flowserve currently...

Despite posting healthy earnings, Flowserve Corporation's (NYSE:FLS ) stock has been quite weak. We have done some analysis, and found some encouraging factors that we believe the shareholders should consider. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Importantly, our data indicates that Flowserve's profit was reduced by US$298m, due to unusual items, over the last year. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And, after all, that's exactly what the accounting terminology implies. Flowserve took a rather significant hit from unusual items in the year to March 2026. All else being equal, this would likely have the effect of making the statutory profit look worse than its underlying earnings power. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. As we mentioned previously, the Flowserve's profit was hampered by unusual items in the last year. Because of this, we think Flowserve's underlying earnings potential is as good as, or possibly even better, than the statutory profit makes it seem! And the EPS is up 55% annually, over the last three years. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. So while earnings quality is important, it's equally important to consider the risks facing Flowserve at this point in time. For example, we've discovered 2 warning signs that you should run your eye over to get a better picture of Flowserve. This note has only looked at a single factor that sheds light on the nature of Flowserve's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in t...

Flowserve Corporation’s FLS first-quarter 2026 adjusted earnings of 85 cents per share beat the Zacks Consensus Estimate of 82 cents. The bottom line increased 18.1% year over year. Flowserve’s total revenues of $1.07 billion missed the consensus estimate of $1.19 billion. Also, the top line decreased 6.7% year over year. Aftermarket bookings decreased 1.2% year over year to $680.3 million, while original equipment bookings decreased 13% year over year to $467.9 million. Total bookings amounted to $1.15 billion, reflecting a decrease of 6.4% year over year. The backlog at the end of the quarter was $2.95 billion, up 1.5% year over year. Flowserve currently has two reportable segments, Flowserve Pump Division and Flow Control Division. A brief discussion of the segments is provided below: In the first quarter, revenues from the Flowserve Pumps Division segment were $744.5 million, down 4.9% year over year. Our estimate was $809.7 million. Bookings decreased 9.3% year over year to $773.9 million. Segmental operating income was $125.8 million, down 7.8% year over year. Revenues from the Flow Control Division segment were $327.6 million, down 10% year over year. Our estimate was $375.9 million. Bookings of $374.2 million inched down 0.5% on a year-over-year basis. The segment’s operating income was $41.7 million, up 32.4% year over year. Flowserve Corporation price-consensus-eps-surprise-chart | Flowserve Corporation Quote In the first quarter, Flowserve’s cost of sales decreased 11.2% year over year to $688.4 million. Gross profit rose 2.8% year over year to $379.8 million and the margin increased 330 basis points (bps) to 35.6%. Selling, general and administrative expenses were $263.4 million, up 8.3% year over year. Operating income decreased 9.5% year over year to $119.4 million. The operating margin was 11.2%, down 30 bps year over year. The effective tax rate was 19.7%. Exiting the first quarter, Flowserve had cash and cash equivalents of $792.4 million compared with $760.2 million at the end of 2025. Long-term debt (due after one year) was $1.66 billion compared with $1.53 billion reported at the end of 2025. In the first three months of 2026, the company used net cash of $43.1 million for operating activities compared with $49.9 million cash used in the year-ago period. Capital expenditure totaled $16.9 million, up 44% year over year. During the same per...

Flowserve delivered 230 basis points of adjusted operating margin expansion (adjusted operating margin 15.1%) and adjusted EPS of $0.85 (up 18%), while reaffirming full-year adjusted EPS guidance of $4.00–$4.20 and targeting about 100 bps of operating margin expansion for 2026. Bookings and revenue were pressured by Middle East delays and a softer early-year original equipment cadence—Q1 bookings fell 6% to $1.15B and revenue declined 7%—but aftermarket stayed resilient with $680M in bookings and 4% aftermarket sales growth. Q1 included unanticipated items that produced a net $0.07 EPS benefit (notably a $0.19 tariff refund benefit offset by roughly $0.06 tax and $0.06 Middle East impacts), and the company ended the quarter with net leverage ~1.2x and an amended credit facility to boost financial flexibility. Interested in Flowserve Corporation? Here are five stocks we like better. 3 Manufacturing Stocks Leading the Export Wave Flowserve (NYSE:FLS) reported first-quarter 2026 results that management said showed continued progress on margin expansion despite lower sales and booking pressure tied to disruptions in the Middle East and a softer start to the year in North American MRO demand. President and CEO Scott Rowe said Flowserve delivered “strong adjusted operating margin expansion of 230 basis points and adjusted earnings per share growth of 18%,” while maintaining its full-year adjusted EPS outlook of $4.00 to $4.20. CFO Amy Schwetz added that adjusted operating margin reached 15.1% and adjusted gross margin rose 370 basis points to 37.2%, marking the company’s 13th consecutive quarter of year-over-year adjusted gross margin expansion. → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss Flowserve posted first-quarter bookings of $1.15 billion, down 6% from the prior-year period, with a book-to-bill of 1.07x. Rowe attributed the decline largely to customer delays in the Middle East and softness in original equipment early in the quarter. He said January and February started “softer than expected bookings,” particularly in run-rate MRO and smaller projects that shifted later into the year, though activity improved in March and continued into April. Rowe said bookings would have been “largely in line with our expectations” absent an estimated $50 million headwind related to delays in the Middle East. He also noted healthy aftermarket bookings of $680...

Image source: The Motley Fool. Thursday, April 30, 2026 at 10 a.m. ET President & Chief Executive Officer — Robert Rowe Senior Vice President & Chief Financial Officer — Amy Schwetz Robert Rowe: Thank you, Brian, and good morning, everyone. I'd like to begin by thanking our associates around the world for their hard work, disciplined execution and resilience in a highly dynamic environment. Our first quarter results reflect their continued focus on execution as we delivered strong adjusted operating margin expansion of 230 basis points and adjusted earnings per share growth of 18% and including the net benefit of tariffs and other unanticipated items in the quarter that Amy will discuss in more detail. While bookings and sales were impacted by events in the Middle East, we maintain our full year adjusted EPS outlook of $4 to $4.20, which at the midpoint represents 13% growth over 2025. We continue to advance our strategy and leverage the Flowserve Business System to unlock greater potential across the company. As we announced in late March, Matt Copper, who formally led our Industrial pumps business unit has been promoted to lead the FPD division. I'm excited to have Matt in this role where he can leverage his customer relationships, knowledge of the business system and international experience to continue driving strong performance for the division. Let's turn to bookings on Slide 4. Bookings in the first quarter were $1.15 billion, down 6% from the prior year period. Our first quarter book-to-bill was 1.07x. We delivered healthy aftermarket bookings of $680 million in the quarter. As anticipated, aftermarket was down modestly on a year-over-year basis against a very strong prior year comparison that included a large nuclear order. On a sequential basis, aftermarket bookings were in line and represented the eighth consecutive quarter above $600 million. Our focus on expanding the aftermarket business continues to deliver results. as we drive higher capture rates across our installed base. Within our original equipment business, January and February started with softer-than-expected bookings largely related to our run rate MRO business and some smaller projects pushing out to later in the year. We saw these trends improve in March back to levels we anticipated, with strong commercial activity in the market. The softer start to the quarter, coupled with dynam...

Performance was characterized by strong margin expansion despite a complex operating environment, driven by the Flowserve Business System and 80/20 complexity reduction initiatives. Middle East geopolitical disruptions created a $50 million bookings headwind and a 200 basis point impact on sales due to logistics shutdowns and restricted site access. A soft start to the year in North American MRO run-rate business during January and February was attributed to customer budget timing and buying behaviors, though activity normalized in March. Strategic diversification into nuclear and traditional power provided a significant buffer, with over $110 million in nuclear awards during the quarter. Operational excellence and footprint rationalization programs are accelerating, enabling the company to maintain profitability targets even on lower year-over-year sales volumes. Management noted that the current geopolitical environment is increasingly driving global investment in energy security and diversification, creating a long-term tailwind for the portfolio. Full-year guidance assumes the Middle East conflict persists without material escalation, with an estimated $0.07 EPS impact already factored into the outlook. Management expects original equipment bookings to accelerate in the second half of 2026, supported by a robust 12-month project funnel that expanded both sequentially and year-over-year. The company anticipates significant reconstruction opportunities in the Middle East once stability returns, leveraging its large installed base for asset restarts and infrastructure rebuilding. Free cash flow conversion is targeted at 90% or more of adjusted net earnings, with working capital expected to improve following typical first-quarter seasonal requirements. The acquisition of Trillium Valves is expected to close mid-year, and total sales growth for the year includes approximately 300 basis points of benefit from acquisitions, including Trillium. First-quarter results included a $0.19 per share net benefit from AEFA tariff refunds following a U.S. Supreme Court decision. A $0.06 per share negative impact was recorded related to a prior-year taxing authority item in Latin America within the FPD segment. The Middle East disruption resulted in a $0.06 per share headwind to adjusted EPS during the quarter. Backlog conversion rates are expected to be lower than histori...

Flowserve (FLS) reported $1.07 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 6.7%. EPS of $0.85 for the same period compares to $0.72 a year ago. The reported revenue represents a surprise of -10.08% over the Zacks Consensus Estimate of $1.19 billion. With the consensus EPS estimate being $0.82, the EPS surprise was +3.66%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Flowserve performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Sales- Flow Control Division (FCD): $327.6 million compared to the $375.7 million average estimate based on three analysts. The reported number represents a change of -10% year over year. Sales- Flowserve Pump Division (FPD): $744.5 million versus the three-analyst average estimate of $815.14 million. The reported number represents a year-over-year change of -4.9%. Adjusted Operating Income- Flowserve Pump Division (FPD): $142.05 million versus the three-analyst average estimate of $150.39 million. Adjusted Operating Income- Flow Control Division (FCD): $52.21 million versus the three-analyst average estimate of $50.17 million. View all Key Company Metrics for Flowserve here>>> Shares of Flowserve have returned +15.7% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Flowserve Corporation (FLS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

IRVING, Texas (AP) — IRVING, Texas (AP) — Flowserve Corp. (FLS) on Wednesday reported first-quarter profit of $81.7 million. On a per-share basis, the Irving, Texas-based company said it had net income of 64 cents. Earnings, adjusted for non-recurring costs, came to 85 cents per share. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. The company that makes pumps, valves and other parts for the oil and gas industries posted revenue of $1.07 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $1.19 billion. Flowserve expects full-year earnings in the range of $4 to $4.20 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLS at https://www.zacks.com/ap/FLS

Flowserve (FLS) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.66%. A quarter ago, it was expected that this company that makes pumps, valves and other parts for the oil and gas industries would post earnings of $0.94 per share when it actually produced earnings of $1.11, delivering a surprise of +18.09%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Flowserve, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $1.07 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 10.08%. This compares to year-ago revenues of $1.14 billion. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Flowserve shares have added about 22.6% since the beginning of the year versus the S&P 500's gain of 4.3%. While Flowserve has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Flowserve was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near fut...

Flow control equipment manufacturer Flowserve (NYSE:FLS) missed Wall Street’s revenue expectations in Q1 CY2026, with sales falling 6.7% year on year to $1.07 billion. Its non-GAAP profit of $0.85 per share was 6.2% above analysts’ consensus estimates. Is now the time to buy Flowserve? Find out in our full research report. Revenue: $1.07 billion vs analyst estimates of $1.17 billion (6.7% year-on-year decline, 8.8% miss) Adjusted EPS: $0.85 vs analyst estimates of $0.80 (6.2% beat) Adjusted Operating Income: $130.1 million vs analyst estimates of $158.5 million (12.2% margin, 17.9% miss) Management reiterated its full-year Adjusted EPS guidance of $4.10 at the midpoint Operating Margin: 11.2%, in line with the same quarter last year Free Cash Flow was -$43.08 million compared to -$61.67 million in the same quarter last year Backlog: $2.95 billion at quarter end, up 1.5% year on year Market Capitalization: $10.87 billion Manufacturing the largest pump ever built for nuclear power generation, Flowserve (NYSE:FLS) manufactures and sells flow control equipment for various industries. A company’s long-term sales performance can indicate its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Over the last five years, Flowserve grew its sales at a tepid 4.7% compounded annual growth rate. This wasn’t a great result compared to the rest of the industrials sector, but there are still things to like about Flowserve. Long-term growth is the most important, but within industrials, a half-decade historical view may miss new industry trends or demand cycles. Flowserve’s recent performance shows its demand has slowed as its annualized revenue growth of 2.5% over the last two years was below its five-year trend. We’re wary when companies in the sector see decelerations in revenue growth, as it could signal changing consumer tastes aided by low switching costs. We can better understand the company’s revenue dynamics by analyzing its backlog, or the value of its outstanding orders that have not yet been executed or delivered. Flowserve’s backlog reached $2.95 billion in the latest quarter and averaged 5.1% year-on-year growth over the last two years. Because this number is better than its revenue growth, we can see the company accumulated more orders than it could fulfill and deferred revenue to the futur...