Dover, a diversified global manufacturer, reported its financial results for the fourth quarter ended December 31, 2025. The company's revenue for the quarter was $2.1 billion, marking a 9% increase compared to the same period in the prior fiscal year. Additionally, the company's earnings from continuing operations saw a 15% increase, reaching $275 million, and the diluted EPS from continuing operations was up 17% at $2.01.
For the full year 2025, Dover's revenue amounted to $8.1 billion, representing a 4% increase from the prior fiscal year. On an adjusted basis, earnings from continuing operations increased by 15% to $1.3 billion, and the adjusted diluted EPS from continuing operations was up 16% at $9.61.
The company's non-GAAP organic revenue change for the quarter was 5% and 2% for the full year, reflecting positive growth trends. Adjusted earnings from continuing operations for the fourth quarter of 2025 were $343 million, up 13% from the previous year, and the adjusted diluted EPS from continuing operations increased by 14% to $2.51.
Dover's president and chief executive officer, Richard J. Tobin, highlighted the company's strong top-line performance, citing broad-based revenue growth and robust trends in secular-growth-exposed markets. He also emphasized the company's improved margins and the positive impact of ongoing productivity initiatives.
Looking ahead, Dover provided its full-year 2026 guidance, expecting to generate GAAP EPS in the range of $8.95 to $9.15, with adjusted EPS projected to be $10.45 to $10.65. The company anticipates full-year revenue growth of 5% to 7%, with organic growth of 3% to 5%.
Dover's constructive outlook for 2026 is supported by solid and broad-based demand trends across its portfolio, coupled with a strong order book. The company aims to drive sustainable value creation for its shareholders while maintaining a disciplined approach to capital return.
In terms of capital allocation, Dover highlighted the performance of its acquisitions and its commitment to a disciplined approach to capital return to shareholders. With a focus on long-term shareholder value creation, the company emphasized its meaningful balance sheet flexibility to support investments.
Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion, operating through five segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. The company's entrepreneurial approach and collaborative mindset position it to lead the markets it serves. Following these announcements, the company's shares moved 0.36%, and are now trading at a price of $206.61. Check out the company's full 8-K submission here.
