Dover revenue and financials
$191.30Change from previous close: +0.85%Absolute change: +$1.61
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 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,190 | 2,054 | 2,099 | 2,078 | 2,050 | 1,866 | 1,930 | 1,984 | 1,949 | 1,884 | 1,905 | 1,958 |
| Cost of revenue | 1,301 | 1,239 | 1,265 | 1,240 | 1,221 | 1,116 | 1,173 | 1,213 | 1,191 | 1,173 | 1,177 | 1,218 |
| Gross profit | 889 | 815 | 834 | 838 | 828 | 750 | 757 | 771 | 758 | 711 | 728 | 741 |
| Selling, general and administrative | 439 | 439 | 408 | 406 | 419 | 407 | 379 | 387 | 388 | 401 | 372 | 365 |
| Research and development | 40.4 | 39.6 | 43.5 | 43.5 | 40.8 | 37.5 | 41.6 | 35.6 | 36.4 | 36.1 | 34.0 | 34.4 |
| Operating income | 409 | 337 | 383 | 388 | 369 | 305 | 336 | 348 | 333 | 274 | 322 | 341 |
| EBIT | 409 | 337 | 383 | 388 | 369 | 305 | 336 | 348 | 333 | 274 | 322 | 341 |
| EBITDA | 506 | 434 | 482 | 487 | 463 | 393 | 423 | 435 | 416 | 355 | 400 | 412 |
| Interest expense | 29.1 | 29.5 | 28.1 | 27.2 | 26.8 | 27.6 | 28.3 | 34.1 | 32.4 | 36.4 | 30.9 | 32.4 |
| Pre-tax income | 388 | 299 | 341 | 386 | 352 | 295 | 304 | 386 | 307 | 760 | 280 | 318 |
| Income tax | 75.2 | 60.2 | 65.8 | 83.0 | 72.0 | 56.1 | 65.3 | 73.4 | 60.8 | 158 | 21.5 | 56.3 |
| Net income | 312 | 238 | 282 | 302 | 279 | 231 | 1,436 | 347 | 282 | 632 | 296 | 290 |
| Net income to common shareholders | 312 | 238 | 282 | 302 | 279 | 231 | 1,436 | 347 | 282 | 632 | 296 | 290 |
| Basic EPS | 2.32 | 1.77 | 2.07 | 2.20 | 2.03 | 1.68 | 10.47 | 2.53 | 2.05 | 4.55 | 2.12 | 2.07 |
| Diluted EPS | 2.31 | 1.76 | 2.06 | 2.19 | 2.02 | 1.67 | 10.38 | 2.51 | 2.03 | 4.52 | 2.10 | 2.06 |
| Average shares (basic) | 135 | 135 | 136 | 137 | 137 | 137 | 137 | 137 | 137 | 139 | 140 | 140 |
| Average shares (diluted) | 136 | 136 | 137 | 138 | 138 | 138 | 138 | 138 | 138 | 140 | 141 | 141 |
| Dividend per share | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.51 | 0.52 | 0.51 | 0.51 | 0.51 | 0.51 |
