
• Reported GAAP EPS of $0.64 up 14.29% YoY • Reported revenue of $1.07B down -6.66% YoY • Flowserve estimates 2026 capital expenditures between $90.0 million and $100.0 million, and expects to recognize approximately $390 million of revenue from performance obligations in the remainder of 2026.
Bullish
Flowserve improved its gross profit margin to 35.6% and boosted liquidity with a $1.0 billion Revolving Credit Facility, benefiting from $35.4 million in IEEPA tariff refunds.
Bearish
Flowserve faced reduced demand and supply chain disruptions due to the Middle East conflict, leading to a 6.4% decrease in bookings and increased freight and materials costs for the company.