Dover Corporation reported 8% third-quarter revenue growth and a 10% increase in adjusted earnings per share, as bookings rose 16% and management projected further growth in 2026.
Revenue reached $2.23 billion for the quarter. Adjusted diluted earnings per share from continuing operations came to $2.88. On a GAAP basis, earnings from continuing operations increased 11% to $337 million, and diluted earnings per share rose 14% to $2.50. Organic revenue grew 7%.
Bookings totaled $2.3 billion, up 16%, Dover's investor presentation showed. The presentation said bookings exceeded shipments, supporting continued revenue growth and greater confidence in the company's outlook.
Tobin attributed the quarter’s growth to demand from industries spanning chip production and biopharma to space launches, AI, power generation and energy-transition projects.
For 2026, Dover projected revenue growth of 7% to 8%, including organic growth of 5% to 6%. The company forecast GAAP earnings per share from continuing operations of $8.93 to $9.08 and adjusted earnings per share from continuing operations of $10.60 to $10.75.
Dover filed a Form 8-K with the SEC on Oct. 22. The filing index lists Items 2.02, 7.01 and 9.01, covering results and financial condition, Regulation FD disclosure, and financial statements and exhibits.
