10-Q quarterly report · filed Oct 23, 2025

Dover Corporation (DOV) Q3 2025 10-Q Quarterly Report

Short answer

Dover Corporation (DOV) filed its Q3 2025 10-Q quarterly report on Oct 23, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $2.1B (up 34.6% year over year) with net income of $302M.

Q3 2025 key financials · XBRL

Revenue
$2.1B
+34.6% YoY · +1.4% QoQ
Net income
$302M
−13.0% YoY · +8.2% QoQ
Operating margin
18.2%
Gross margin
40.1%
EPS (diluted)
$2.19
−12.7% YoY · +8.4% QoQ

Source: XBRL data from the Dover Corporation (DOV) Q3 2025 10-Q on SEC EDGAR. USD.

Dover Corporation Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $2.08B, up 4.8% YoY (+$94.3M); driven by Pumps & Process Solutions (+16.6%), Clean Energy & Fueling (+8.1%), Imaging & Identification (+5.3%) growth; Engineered Products (-5.5%) and Climate & Sustainability Technologies (-5.2%) declined
  • Gross profit margin 40.1% vs 38.5% YoY (+1.6 pts); Operating margin approx. 18.2% (Operating earnings $377.2M on $2.08B revenue) vs ~16.8% YoY (+1.4 pts)
  • Best performing segment Pumps & Process Solutions: revenue up 16.6%, segment earnings margin 30.6% vs 29.3%; Worst performing Engineered Products: revenue down 5.5%, margin up to 20.6% from 19.1%
  • Operating cash flow $794.1M (+$145.2M YoY), Free cash flow $630.8M (10.5% of revenue), capital expenditures $163.3M (+$49.6M YoY), acquisitions $663.2M vs $602.7M prior year
  • Management expects improvement in Engineered Products Q4, continued positive organic growth in Clean Energy & Fueling and Imaging & Identification, and recovery in Climate & Sustainability Technologies; ongoing restructuring and cost alignment efforts

Risk Factors

  • No material changes in risk factors since 2024 10-K
  • Continued exposure to supply chain disruptions impacting production timing
  • Ongoing risks from fluctuating raw material costs affecting margins
  • Potential impacts from international trade policies on global operations
  • Debt maturity profile stable with no new liquidity concerns disclosed

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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