Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus: revenue of $1.17B beat expectations of $1.16B by 0.91%, while EPS (GAAP) of $0.77 missed the $0.84 mean estimate by -8.68%. A one-time $27.7M non-taxable gain from the FAMCO acquisition remeasurement supported net income, but this was offset by $40.7M in realignment charges. Gross margin of 32.9% missed the 35.0% consensus by -2.11pct, primarily due to these restructuring costs and operational disruptions in the Middle East.
Overview: Flowserve(FLS) the Revenue is 1.169 B (-1.59%), Beat estimate;the EBIT is 178.66 M (+2.84%), Beat estimate;the EPS is 0.77 (+24.19%), Miss estimate.