Flowserve Corporation (NYSE:FLS), a maker of flow control products including pumps, valves, and seals serving the oil and gas, power, and chemical industries, filed its Form 10-Q for the quarterly period ended September 30, 2026, with the Securities and Exchange Commission on October 28, 2026.

Key Highlights

  • Third-quarter sales: $1,237,773 thousand for the three months ended September 30, 2026, compared with $1,174,434 thousand in the same period of 2025.
  • Quarterly net earnings attributable to Flowserve: $103,038 thousand, versus $219,582 thousand in Q3 2025.
  • Diluted EPS: $0.81 for the third quarter of 2026, compared with $1.67 for the third quarter of 2025.
  • Nine-month sales: $3,475,217 thousand for the nine months ended September 30, 2026, compared with $3,507,069 thousand for the same period of 2025.
  • Goodwill increase: Goodwill on the balance sheet rose to $1,697,977 thousand at September 30, 2026, from $1,391,988 thousand at December 31, 2025.
  • Gain on sale of business: The company reported a $16,177 thousand gain on sale of business in both the three-month and nine-month periods ended September 30, 2026.
  • Shares outstanding: As of October 20, 2026, there were 126,806,088 shares of common stock outstanding.

Flowserve Reports Third-Quarter and Nine-Month 2026 Operating Results

According to the filing, Flowserve Corporation, headquartered at 5215 N. O'Connor Boulevard, Suite 700, Irving, Texas, reported third-quarter 2026 sales of $1,237,773 thousand, up from $1,174,434 thousand in Q3 2025. Gross profit for the quarter was $414,380 thousand, compared with $380,286 thousand a year earlier. Operating income rose to $154,606 thousand from $79,272 thousand in the prior-year quarter, with the company recording a $16,177 thousand gain on the sale of a business during the period. Selling, general and administrative expense declined to $281,937 thousand from $305,152 thousand in Q3 2025.

The filing disclosed that net earnings attributable to Flowserve Corporation for the third quarter were $103,038 thousand, a decrease from $219,582 thousand reported in Q3 2025. The prior-year quarter included $256,220 thousand in other income, net, which the company reported as $(8,184) thousand of other expense, net, in the 2026 quarter. Interest expense increased to $26,641 thousand from $18,738 thousand year-over-year. Diluted earnings per share for the quarter were $0.81, compared with $1.67 for Q3 2025, based on weighted average diluted shares of 127,962 thousand and 131,235 thousand, respectively.

For the nine months ended September 30, 2026, the company reported sales of $3,475,217 thousand and net earnings attributable to Flowserve of $283,717 thousand, with diluted EPS of $2.21. The balance sheet reflected total assets of $6,347,001 thousand at September 30, 2026, up from $5,708,200 thousand at December 31, 2025, driven in part by the increase in goodwill and other intangible assets to $369,747 thousand from $198,475 thousand. Long-term debt due after one year stood at $2,046,807 thousand, compared with $1,525,210 thousand at year-end 2025. Cash and cash equivalents were $742,148 thousand at September 30, 2026.

What Was Disclosed

Flowserve filed a Form 10-Q for the quarter ended September 30, 2026, disclosing third-quarter sales of $1,237,773 thousand, diluted EPS of $0.81, a $16,177 thousand gain on sale of business, higher goodwill, and increased long-term debt relative to year-end 2025.