earnings
confidence high
sentiment positive
materiality 0.75
Flowserve Q1 sales down 6.7%, adjusted EPS up 18.1% to $0.85; reaffirms FY guide $4.00-$4.20
FLOWSERVE CORP
2026-Q1 EPS
reported $0.64
vs consensus $0.81
▼ miss
(-20.8%)
- Q1 reported EPS $0.64; adjusted EPS $0.85 (+18.1% YoY); adjusted operating margin 15.1% (+230 bps).
- Q1 sales $1.068B (-6.7% YoY); bookings $1.148B (-6.4%); backlog $2.946B (+1.5%).
- Full-year 2026 adjusted EPS guidance reaffirmed at $4.00-$4.20; organic sales growth guidance narrowed to (1%) to +2%.
- Includes $0.19 benefit from recoverable IEEPA tariffs, offset by ($0.06) Latin America tax matter and ($0.06) Middle East conflict headwind.
- Acquisition of Trillium Flow Technologies' Valves Division expected mid-2026, roughly neutral to FY adjusted EPS.