Dover announces 10% revenue growth as bookings signal continued momentum

Dover (NYSE:DOV) delivered a strong start to the 2026 fiscal year, characterized by broad-based demand and double-digit adjusted earnings growth.

The Downers Grove, Illinois-based diversified manufacturer reported first-quarter revenue of $2.054 billion, representing a 10% increase over the prior-year period.

Organic revenue growth contributed 5% to the total, reflecting robust volumes across its industrial and technological platforms.

On a GAAP basis, earnings from continuing operations reached $239 million, with diluted EPS growing 2% to $1.76.

The company’s adjusted performance, which excludes certain non-recurring items and acquisition-related costs, showed even greater strength; adjusted earnings rose 9% to $309 million, resulting in an adjusted diluted EPS of $2.28, an 11% year-over-year improvement.

In light of the quarterly performance, Dover provided full-year 2026 guidance, projecting GAAP EPS in the range of $8.92 to $9.12 and adjusted EPS between $10.45 and $10.65.

Total revenue growth for the year is expected to be between 5% and 7%, with organic growth forecasted at 3% to 5%.