Dover raises full-year 2026 adjusted EPS guidance on strong Q2 momentum
Dover Corporation raised its full-year 2026 adjusted earnings-per-share guidance to $10.55–$10.75, up from prior guidance, citing strong order-book momentum and broad-based organic growth across all five operating segments in the second quarter. For Q2 ended June 30, 2026, the company reported revenue of $2.2 billion (+7% reported, +5% organic), GAAP EPS from continuing operations of $2.31 (+14%), and adjusted EPS of $2.74 (+12%). For the six-month period, revenue reached $4.2 billion (+8% reported, +5% organic), with adjusted EPS of $5.02 (+12%).
- 2026 full-year adjusted EPS guidance raised to $10.55–$10.75 (GAAP EPS guidance: $8.94–$9.14)
- Q2 2026 revenue of $2.2 billion (+7% reported, +5% organic)
- Q2 2026 adjusted EPS of $2.74 (+12%); GAAP EPS of $2.31 (+14%)
- All five segments delivered positive organic growth in Q2
- Bookings outpaced shipments and grew double digits in the quarter
- Secular-growth-exposed markets now account for approximately 25% of total portfolio
- Full-year 2026 revenue growth expected 6%–8% (4%–6% organic)
- Six-month 2026 adjusted EPS of $5.02 (+12%)
- CEO Richard J. Tobin: 'balance sheet remains a competitive advantage'; advancing capacity-expansion and productivity investments
The guidance raise signals management confidence in sustained demand across Dover's diverse end markets and reflects improved visibility into the back half of the year, with the strong order book providing capital-deployment flexibility for M&A in attractive markets.
Derived from 8-K filed 2026-07-23. Not investment advice. Figures are extracted from the filing; prose is AI-assisted. View the source filing on SEC.gov →