---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000656"
form_type: "8-K"
ticker: "FLS"
cik: "0000030625"
company_name: "FLOWSERVE CORP"
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T05:27:05.045686+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Flowserve Q1 adjusted EPS $0.40, revenue up 19.4%; raises FY2023 guidance

## Summary
- Reported EPS $0.20, adjusted EPS $0.40; revenue $980.3M (+19.4% YoY).
- Bookings $1.06B (fifth consecutive quarter above $1B); backlog $2.8B, up 2.6% sequentially.
- Adjusted operating margin 8.3%, with adjusted gross margin above 30%.
- Raises FY2023 revenue growth guidance to 10-12% (from 9-11%) and adjusted EPS to $1.65-$1.85 (from $1.50-$1.75).
- Velan acquisition expected to close early Q3 2023.

## SEC filing metadata
- accession: 0001157523-23-000656
- form_type: 8-K
- ticker: FLS
- cik: 0000030625
- company_name: FLOWSERVE CORP
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/30625/000115752323000656/0001157523-23-000656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/30625/000115752323000656/a53390973.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000656
- JSON: https://secwatch.observer/filing/0001157523-23-000656.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000656.txt

## Key facts
- Earnings Releases
  FLOWSERVE CORP reported first quarter ended March 31, 2023 results: revenue $980.3 million, EPS $0.20. Guidance raised.
  - Period: first quarter ended March 31, 2023
  - Revenue: $980.3 million
  - EPS: $0.20
  - Guidance: raised
  - Result: reported results
  source text: bookings were $506.9 million, down 6.8% or 4.5% on a constant currency basis Aftermarket bookings were $550.3 million, up 1.5%, or 3.5% on a constant currency basis Sales were $980.3 million, up 19.4%, or 22.3% on a constant currency basis Original equipment sales were $463.5 million, up 21.0%, or 24.1% on a constant currency basis Aftermarket sales were $516.8
  evidence_url: https://www.sec.gov/Archives/edgar/data/30625/000115752323000656/0001157523-23-000656-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.