Here are the 10-Q quarterly reports from Xylem Inc (XYL) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow XYL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full XYL filings page.
Xylem Inc. (XYL) reported third-quarter 2026 revenue of $2.201 billion, compared with $2.268 billion a year earlier. Net income attributable to Xylem was $291 million, versus $227 million, and diluted earnings per share were $1.25, versus $0.93. For the nine months ended September 30, 2026, revenue was $6.662 billion and net income attributable to Xylem was $747 million, compared with $6.638 billion and $622 million, respectively.
Operating cash flow for the nine months was $729 million, versus $698 million. Xylem repurchased 13.7 million shares for $1.592 billion; as of September 30, 2026, $105 million in additional shares could still be repurchased under its $1.5 billion program. Cash and cash equivalents were $708 million as of September 30, 2026, compared with $1.479 billion as of December 31, 2025.
Xylem acquired WaterFleet for $217 million and TriOS for a total purchase price of $219 million. It also agreed to acquire Cornell Pump and Roper Pump for approximately $1.460 billion, subject to customary working-capital and other adjustments. The acquisition is expected to close in the fourth quarter of 2026, subject to required regulatory approvals and other customary closing conditions.
Xylem Inc. reported higher results for the quarter ended June 30, 2026. Revenue was $2,336 million versus $2,301 million a year earlier, and net income attributable to Xylem was $263 million versus $226 million. Diluted EPS was $1.11, up from $0.93. For the first six months of 2026, revenue was $4,461 million versus $4,370 million, with net income attributable to Xylem of $456 million versus $395 million and diluted EPS of $1.90 versus $1.62. Operating income in Q2 rose to $390 million from $305 million, despite a $16 million loss on sale of businesses and higher income tax expense of $103 million.
Net cash provided by operating activities for the first half of 2026 was $398 million, compared with $338 million in 2025. Capital expenditures were $179 million, while investing activities used $98 million and financing activities used $484 million, including $990 million of new long-term debt and $1,243 million of common stock repurchases. Cash and cash equivalents were $1,276 million at June 30, 2026 versus $1,479 million at year-end, and total debt increased to $2,926 million from $1,942 million. Stockholders’ equity was $10,424 million.
Strategically, Xylem agreed to acquire WaterFleet Intermediate Holdings, Inc. for approximately $200 million and closed the acquisition of TriOS for €190 million (about $216 million). It completed the divestiture of its international metering business for total consideration of about $80 million, recognizing $14 million of a cumulative $37 million loss in 2026. As of June 30, 2026, remaining performance obligations under customer contracts totaled $2,924 million. Q2 restructuring and asset impairment charges were $11 million, and Xylem recorded $4 million of tariff refunds plus a $12 million receivable related to IEEPA tariff recoveries, reducing cost of revenue.
Xylem Inc. reported first-quarter 2026 revenue of $2,125 million, up 2.7% from $2,069 million a year earlier. Most of the increase came from favorable foreign currency of $65 million, while organic revenue slipped 0.4%.
Net income attributable to Xylem rose to $193 million from $169 million, with earnings per diluted share increasing to $0.79 from $0.69. Net margin improved to 9.1% and adjusted EBITDA margin edged up to 20.6%.
Water Infrastructure, Applied Water, and Measurement and Control Solutions all posted modest revenue growth, while Water Solutions and Services was roughly flat as weaker U.S. capital project activity and lower opening backlog offset strength in other areas. The company generated $108 million of operating cash flow and invested $90 million in capital expenditures, while also repurchasing 4.8 million shares for $595 million.
Xylem Inc. reported Q3 results with revenue of $2,268 million, up from $2,104 million a year ago. Net income was $226 million and diluted EPS was $0.93, compared with $0.89 last year. Gross profit rose to $883 million and operating income increased to $334 million. Interest expense declined to $6 million. The quarter included a $37 million loss on sale of businesses.
For the first nine months, revenue reached $6,638 million and operating cash flow was $698 million. Cash and cash equivalents stood at $1,191 million, and total assets were $17,295 million. The company closed acquisitions of EnviroMix for $106 million and Simply Clean for $7 million, and completed the Vacom Systems asset acquisition with total consideration of $42 million. It divested the Evoqua Magneto business for $61 million and recorded a $39 million loss tied to classifying the international metering business as held for sale. Q3 restructuring charges were $23 million, with $70 million year-to-date.
XYL Q2-25 showed solid top-line and earnings momentum. Revenue rose 6.1% YoY to $2.30 bn, driven by mid-single-digit growth across all four segments, with Measurement & Control Solutions up 14%. Gross margin expanded 100 bp to 38.8%, lifting operating income 21% to $305 m. Net income attributable to Xylem increased 16% to $226 m; diluted EPS reached $0.93 versus $0.80.
First-half trends were similarly positive. 1H-25 revenue grew 4% to $4.37 bn and EPS climbed 13% to $1.62. Operating cash flow slipped 10% to $338 m as working-capital needs rose, but cash on hand still improved to $1.17 bn. Net debt fell $20 m to $826 m as the company repaid $28 m of long-term borrowings.
Portfolio actions continue. Xylem completed two tuck-in deals—Vacom Systems ($42 m) and Simply Clean ($7 m)—and exited the Evoqua Magneto unit, booking a $10 m loss. Restructuring/impairment charges totaled $47 m YTD, mainly for severance and software write-offs. Goodwill now stands at $8.24 bn after 2024’s Idrica step-up.