> ## Content Index
> Fetch the complete content index at: https://www.bullished.co/llms.txt
> Use this file to discover other available public pages before exploring further.

# Dover Orders Rise In All Five Segments As Third-Quarter Earnings Per Share Climb 14%
- URL: https://www.bullished.co/dover-orders-rise-in-all-five-segments-as-third-quarter-earnings-per-share-climb-14-bc61b7f4/
- Published: 2026-10-22T11:23:40.000Z
- Updated: 2026-10-28T18:24:03.000Z
- Description: Dover guided 2026 adjusted earnings per share to $10.60 to $10.75, and its CEO said much of the backlog ships in 2027.
- Author: Matteo Parrino
- Tags: Earnings, DOV, Industry: Industrials

[Dover](https://www.bullished.co/tag/dov/) said third-quarter revenue rose 8% to [$2,234 million](https://www.sec.gov/Archives/edgar/data/0000029905/000002990526000032/a202610228-kexhibit991pr.htm?ref=bullished.co), with bookings up in all five segments, according to an [8-K](https://www.bullished.co/learn/8-k-items-explained/) filed Thursday. Diluted earnings per share from continuing operations were $2.50, up 14%.

## What the results show

Organic revenue, which strips out currency and acquisitions, grew 7%. Earnings from continuing operations were $337 million, up 11% from the year-earlier quarter.

On an adjusted basis, which excludes purchase accounting expenses, restructuring costs and disposition gains, earnings were $388 million, up 7%. Adjusted diluted earnings per share were $2.88, up 10%.

Segment tables show the spread. Organic revenue grew 17.9% at Climate & Sustainability Technologies and 12.1% at Clean Energy & Fueling, while Engineered Products fell 1.6%. Geographically, organic growth was 12.6% in the United States and 15.1% in Asia, against a 3.0% decline in Europe.

For the first nine months, revenue was $6.5 billion, up 8%, and diluted earnings per share from continuing operations were $6.56, up 10%.

## Orders, backlog and guidance

Total bookings were $2,310 million in the quarter, versus $1,999.7 million a year earlier. CEO Richard J. Tobin said, "Bookings increased across all five segments and again outpaced shipments, reinforcing our confidence in the forecast."

He said a significant portion of the backlog is scheduled for delivery in 2027\. He credited growth in artificial intelligence and power generation infrastructure, energy transition, single-use biopharma, semiconductor manufacturing and space launch, plus improving line rates in food retail.

For 2026, Dover expects earnings per share of $8.93 to $9.08, or $10.60 to $10.75 adjusted. That assumes revenue growth of 7% to 8%, with organic growth of 5% to 6%. Tobin said the company is on track for double-digit adjusted earnings per share growth this year.

The company announced two bolt-on acquisitions in the quarter. It also repurchased over $330 million of its shares, which Tobin described as opportunistic. Operating cash flow was $438.8 million and free cash flow was $383.3 million.

## What to watch

Dover hosts its earnings call at 9:30 a.m. Eastern on Thursday, with a replay on its website.

Tobin said Dover's balance sheet gives it "significant flexibility to deploy additional capital."

Learn

- [Item 2.02: results of operations →](https://www.bullished.co/learn/8-k-items-explained/#item-202-results-of-operations)  
From 8-K Items Explained: What Every Item Code From 1.01 To 9.01 Tells You, With Examples

### Sources

- [8-K Filing — DOVER Corp (DOV)](https://www.sec.gov/Archives/edgar/data/0000029905/000002990526000032/dov-20261022.htm?ref=bullished.co) — SEC EDGAR
- [Exhibit a202610228-kexhibit991pr.htm — DOVER Corp 8-K exhibit](https://www.sec.gov/Archives/edgar/data/0000029905/000002990526000032/a202610228-kexhibit991pr.htm?ref=bullished.co) — SEC EDGAR
- [Dover Reports Third Quarter 2026 Results](https://www.prnewswire.com/news-releases/dover-reports-third-quarter-2026-results-302916126.html?ref=bullished.co) — prnewswire.com
- [Quarterly Earnings Reports News & Press Releases from PR Newswire](https://www.prnewswire.com/news-releases/latest-news-topics/quarterly-earnings-reports/?ref=bullished.co) — prnewswire.com

### More on Dover

- [Dover Backlog Jumps 35% As Customers Line Up To Reserve Factory Capacity](https://www.bullished.co/dover-backlog-jumps-35-as-customers-line-up-to-reserve-factory-capacity-9b4b84d7/)
- [Dover Bought Back $331.6 Million Of Stock In The Third Quarter While A €600 Million Bond Comes Due In November](https://www.bullished.co/dover-bought-back-331-6-million-of-stock-in-the-third-quarter-while-a-600-million-bond-ec2721fa/)

[All Dover (DOV) coverage →](https://www.bullished.co/tag/dov/)