Dover revenue and financials
$191.88Change from previous close: +0.30%Absolute change: +$0.58
In the fiscal year ended December 2025, Dover reported revenue of $8.09B (+4.48% year over year). Net income was $1.09B, a net margin of 13.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.48%
- 2025 vs 2024
- Net income growth
- −59.44%
- 2025 vs 2024
- Net margin
- 13.5%
- 2024: 34.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 236 | 191 | 541 | 423 | 213 | 157 | -8.8 | 387 | 204 | 167 | 516 | 241 |
| Depreciation and amortization | 96.8 | 97.4 | 99.3 | 98.5 | 94.4 | 87.4 | 86.7 | 86.7 | 82.7 | 81.8 | 77.5 | 77.9 |
| Capital expenditure | -47.8 | -59.8 | -57.0 | -54.2 | -60.9 | -48.2 | -53.9 | -37.8 | -35.8 | -40.1 | -57.3 | -48.4 |
| Investing cash flow | -44.2 | -61.7 | -72.0 | -58.9 | -691 | -74.2 | 1,910 | -409 | 28.2 | 430 | -590 | -43.6 |
| Financing cash flow | -73.6 | -161 | -345 | -73.9 | -84.2 | -122 | -453 | 93.0 | -831 | -80.8 | 189 | -307 |
| Dividends paid | -70.0 | -70.4 | -69.8 | -71.2 | -70.6 | -71.4 | -70.8 | -70.7 | -70.2 | -71.4 | -71.4 | -70.8 |
| Share repurchases | -2.2 | -83.6 | -503 | -1.3 | -1.3 | -49.7 | -2.9 | -3.8 | -1.0 | -509 | — | -13.0 |
| Debt issued | — | — | 631 | — | — | — | — | — | -501 | 501 | — | — |
| Debt repaid | — | — | -401 | — | — | — | -379 | 169 | -258 | — | 261 | -221 |
| Effect of exchange rates | -4.0 | -2.4 | -0.6 | -2.3 | 22.2 | 0.3 | 0.2 | -2.6 | -2.4 | -1.6 | -0.4 | 0.4 |
| Net change in cash | 114 | -34.9 | 124 | 288 | -540 | -39.6 | 1,448 | 68.0 | -601 | 514 | 115 | -108 |
| Free cash flow | 188 | 131 | 484 | 369 | 152 | 108 | -62.7 | 349 | 168 | 127 | 459 | 193 |
| Levered free cash flow | 139 | 105 | 340 | 322 | 73.3 | 123 | 689 | -84.5 | 195 | 337 | 304 | 226 |