Flowserve Corporation reports news on flow control products and services for global infrastructure markets. The company produces engineered and industrial pumps, seals and valves, along with related flow management services, and operates in more than 50 countries serving industrial end markets such as oil and gas, chemical, power generation and water management.
Recurring Flowserve updates include quarterly operating results, margin and execution commentary tied to the Flowserve Business System, dividend actions, investor conference participation, board and leadership appointments, and material agreement or capital-structure disclosures.
Flowserve (NYSE: FLS) raised the low end of its 2026 adjusted earnings outlook while lowering its sales outlook following third-quarter results. Adjusted earnings per share guidance is now $4.10 to $4.20, versus $4.05 to $4.20 previously. Organic sales, excluding currency and acquisitions/divestitures, are expected to decline 2.5% to 1.5%, versus approximately 1% previously.
Third-quarter sales rose 5.4% to $1,237.8 million, but organic sales fell 1.2%. Reported EPS fell 51.5% to $0.81; adjusted EPS rose 18.9% to $1.07. Operating margin reached 12.5%, up 580 basis points. Bookings increased 14.1% to $1,383.5 million, and backlog rose 19.9% to $3,471.8 million. Operating cash flow fell to $144.1 million from $401.8 million. Flowserve expects Middle East disruption to delay customer activity and revenue conversion and affect fourth-quarter sales.
Flowserve (FLS) will release its third quarter 2026 earnings results after the market closes on October 28, 2026.
A conference call to discuss the results follows on October 29 at 8:30 a.m. Eastern Time. Earnings materials and the call webcast will be available on Flowserve’s Investors page.
Flowserve (FLS) appointed Brian Ezzell as Senior Vice President and Chief Financial Officer, effective October 1, 2026, succeeding outgoing CFO Amy Schwetz. Schwetz will remain in her role through September 30, 2026 to support a smooth transition as she departs for a leadership position at another company.
Ezzell currently serves as Flowserve’s Vice President of FP&A, Treasurer and Investor Relations, roles he has held since October 2024. His prior experience includes senior finance positions at Kimberly-Clark, with responsibility for a $14 billion global supply chain, and leadership roles at Fossil Group following his early career at PwC. The company expects no changes to its full-year guidance following this leadership transition.
Flowserve (NYSE: FLS) announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share on its outstanding common stock. The dividend will be paid on October 9, 2026 to shareholders of record at the close of business on September 25, 2026. According to Flowserve, the company currently intends to continue paying regular quarterly dividends, but each future dividend, including the $0.22 per share rate, will be reviewed and declared at the Board’s discretion.
Summary not available.
Amberjack Capital Partners announced the completed acquisition of PMV Automation from Flowserve (NYSE: FLS), establishing PMV as an independent provider of valve automation solutions. Amberjack invested alongside industry veterans Joseph Jobe and Micah Floyd, who will lead PMV following closing.
PMV supplies control valve positioners, limit switches and automation products to global process industries, including water, wastewater, power, pulp and paper, pharmaceuticals, food and beverage, chemicals and refining. As a standalone company backed by Amberjack, PMV plans to invest in its product platform, strengthen distributor and OEM relationships, and pursue growth leveraging its long-established brand and installed base. Flowserve stated the divestiture aligns with its strategy to sharpen focus on its core portfolio.
Flowserve (NYSE: FLS) announced that its Board of Directors has elected Ajay Agrawal as a director effective August 5, 2026. He will also serve on the Organization and Compensation Committee and the Technology, Innovation and Risk Committee.
Agrawal is Chief Business Development Officer and Senior Vice President, Global Services at Carrier Global. His background includes roles as Carrier’s Chief Strategy Officer and leader of its Global Services and Healthy Buildings business, and President of Aftermarket Services at Collins Aerospace. He holds a doctorate in engineering from the University of Missouri and an MBA from Carnegie Mellon University.
Flowserve (NYSE:FLS) reported Q2 2026 results with total bookings of $1.35 billion, up 25.5% year over year, including record aftermarket bookings of $695.8 million and original equipment bookings of $652.3 million, up 43.9%. Reported sales were $1.17 billion, down 1.6%, with organic sales down 3.3%.
Operating margin rose to 13.0% and adjusted operating margin to 15.3%, both expanding 70 bps versus Q2 2025. Diluted EPS was $0.77 and adjusted EPS $0.95. Backlog reached $3.34 billion, up 16.9%. According to Flowserve, 2026 guidance now assumes approximately 3% total sales growth and raises adjusted EPS guidance to $4.05–$4.20, while organic sales are expected to be down about 1%, reflecting ongoing Middle East conflict impacts.
Flowserve (NYSE:FLS) announced it will release its second quarter 2026 earnings results after the market closes on Wednesday, July 29, 2026. According to Flowserve, a conference call to discuss the results will follow on Thursday, July 30, 2026 at 8:30 a.m. Eastern Time, with earnings materials and webcast available on the company’s Investors page.
Flowserve (NYSE:FLS) completed the acquisition of select valves businesses from Trillium Flow Technologies, a First Reserve portfolio company. The deal excludes Trillium’s French valves operations.
The transaction is described as a key step in Trillium’s portfolio evolution and supports long-term focus on critical global infrastructure markets.