Flowserve Corporation Q3 2025 Earnings Recap

Flowserve reported exceptional third-quarter results, underscoring strong booking trends and significant margin expansion, which have led to an upward revision of its adjusted EPS guidance for 2025.

Key Takeaways

• Bookings reached $1.2 billion, improving sequentially and reflecting a 1% year-over-year growth, with a record $140 million in nuclear bookings.
• Adjusted EPS increased by 45% year-over-year to $0.90, propelled by 240 basis points of gross margin expansion to 34.8%.
• Cash returned to shareholders totaled $173 million, including $145 million in share repurchases, highlighting strong cash flow performance and a commitment to shareholder value.
• The focus on aftermarket opportunities and selective engineered projects contributed to greater consistency in revenue and bookings, mitigating cyclicality.
• Continued strength in power markets, particularly nuclear, positions Flowserve for long-term leadership and growth in flow control technologies.