Dover Corp Reports Strong Q3 2026 Financial Results and Full Year Guidance

Executive Summary

On October 22, 2026, Dover Corporation (NYSE: DOV) filed a Current Report on Form 8-K under Items 2.02 (Results of Operations and Financial Condition), 7.01 (Regulation FD Disclosure), and 9.01 (Financial Statements and Exhibits), reporting financial results for the third quarter ended September 30, 2026.

Key Financial Highlights

• Q3 2026 Revenue: $2,234 million, an increase of 8% year-over-year (+7% organic revenue growth).
• GAAP Operating Earnings: $419.2 million compared to $377.2 million in Q3 2025 (+11.1%).
• GAAP Earnings from Continuing Operations: $337 million ($2.50 per diluted share), up 14% from $2.20 per diluted share in Q3 2025.
• Adjusted Diluted EPS from Continuing Operations: $2.88, an increase of 10% compared to $2.62 in Q3 2025.
• Nine-Month Performance: Revenue totaled $6,477 million (+8% YoY, +6% organic), with adjusted diluted EPS reaching $7.89 (+11% YoY).

Full Year 2026 Guidance

• GAAP Diluted EPS: Expected in the range of $8.93 to $9.08.
• Adjusted Diluted EPS: Expected in the range of $10.60 to $10.75.
• Revenue Growth: Forecasted full-year revenue growth of 7% to 8% (organic revenue growth of 5% to 6%).

Strategic & Operational Highlights

• Bookings exceeded shipments across all five segments, establishing a strong backlog extending into 2027.
• Growth was driven by artificial intelligence infrastructure, power generation infrastructure, energy transition, biopharma, semiconductor manufacturing, and space launch end-markets.
• Dover repurchased more than $330 million in common shares during the quarter and completed two bolt-on acquisitions.