Dover 10-Q Details Q3: EPS $2.47, $83M Restructuring, $43M Asset Sale Pending
DOV sits 19% above its 52-week low of $167.34.
Summary
Dover's Q3 10-Q confirms $2.23B revenue and $2.47 diluted EPS, with heavier restructuring costs and a pending $43M asset sale, against $702.9M of nine-month free cash flow.
Key Events · Earnings and Guidance · DOV
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Q3 Revenue and EPS Growth
Revenue rose 7.5% to $2.23B and diluted EPS from continuing operations rose 13.6% to $2.50; net earnings were $333.3M, or $2.47 per diluted share.
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Restructuring Costs Nearly Double
Nine-month restructuring and other costs reached $83.2M versus $48.5M a year earlier, with Q3 charges of $21.8M concentrated in Pumps & Process Solutions and Climate & Sustainability.
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Pending $43M Asset Sale
On October 9, 2026 Dover agreed to sell an equity method investment for roughly $43.0M, expected to close in Q4 2026 subject to regulatory approvals.
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Strong Cash Generation
Nine-month free cash flow was $702.9M (10.9% of revenue), funding $385.5M of buybacks and $210.8M of dividends; net debt to net capitalization fell to 17.1% from 18.2%.
Analysis · DOV · Technology
The headline Q3 numbers were already out via this morning's 8-K, but the full 10-Q adds the detail that shapes the forward story: nine-month restructuring and other costs of $83.2M versus $48.5M a year ago, a 40.4% gross margin, and a $43.0M equity-method investment sale agreed October 9 that should close in Q4. Cash generation remains strong at $702.9M of free cash flow for nine months, funding $385.5M of buybacks and $210.8M of dividends while net debt to net capitalization fell to 17.1%.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.4% of the 1560 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DOV was trading at $199.75 on NYSE in the Technology sector, with a market capitalization of approximately $26.9B. The 52-week trading range was $167.34 to $237.54. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.