Flowserve reported strong fourth quarter and full-year 2025 results, driven by the execution of its business system and healthy end markets. The company initiated 2026 guidance and established long-term financial targets, signaling confidence in future growth and profitability.
Full year cash from operations of $506 million driven by strong earnings and working capital management.
positiveFull year bookings increased 1.1% to $4.7 billion, with aftermarket bookings growing 9.2%.
positiveAdjusted operating margin improved significantly, up 300 bps year-over-year for the full year and 420 bps for Q4.
positiveAnnounced acquisition of Trillium Flow Technologies’ Valves Division to expand offerings in critical infrastructure applications.
positiveReported net loss of $28.995 million for Q4 2025, a significant decline from net earnings of $77.541 million in Q4 2024.
negativeReported operating margin for Q4 2025 was 3.5%, a substantial decrease from 10.6% in Q4 2024, impacted by a one-time asbestos divestiture loss.
negativeOriginal Equipment Bookings decreased 5.5% in Q4 and 7.6% for the full year.
attentionInventories increased by $86.7 million year-over-year, while accounts receivable increased by $52.4 million.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total | CC |
|---|---|---|---|---|---|
Flowserve Pumps Division | N/A | — | — | — | +1.8% |
Flow Control Division | N/A | — | — | — | +6.4% |
| Total Revenue | $0.00M | — | — | 100.0% | — |
Segment performance shows business unit health and growth drivers. Constant currency (CC) removes FX impact for like-for-like comparison.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
Delivered outstanding financial results in the fourth quarter and for the full year 2025.
Global team's dedication and strong execution of the Flowserve Business System were instrumental in reaching 2027 adjusted operating margin target two years ahead of schedule.
Confident in 2026 guidance and updated long-term financial targets due to healthy end markets, focus on expanding power generation opportunities, and continued progress of the Flowserve Business System.
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