Dover Reports Third Quarter 2026 Results
Dover reported Q3 2026 revenue of $2.2 billion, up 8% year-over-year (7% organic), with GAAP diluted EPS of $2.50 up 14% and adjusted diluted EPS of $2.88 up 10%. Bookings increased across all five segments and outpaced shipments, with a significant portion of backlog scheduled for 2027 delivery; management cited strength in AI and power generation infrastructure, energy transition, single-use biopharma, and semiconductor markets. The company repurchased over $330 million of shares during the quarter and announced two bolt-on acquisitions.
Key figures
- Eps
- 2.5
- Revenue
- $2.2 billion
- Guidance
- FY2026 GAAP EPS $8.93-$9.08 (adjusted EPS $10.60-$10.75) on full-year revenue growth of 7-8% (organic 5-6%)
- Revenue Yoy
- 8%
- Q3 bookings
- $2,310,112 thousand
- Adjusted eps q3
- 2.88
- Adjusted eps yoy
- 10%
- Q3 free cash flow
- $383,349 thousand
- Nine month revenue
- $6.5 billion
- Organic revenue growth q3
- 7%
- Share repurchases quarter
- over $330 million
- Gaap earnings continuing ops
- $337 million
- Total segment ebitda margin q3
- 26.2%
- Adjusted earnings continuing ops
- $388 million
AI analysis
Red flags1 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.