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DOV · Q2 2026
Archived report (Q2 2026). Latest deep dive →
The quarter in brief
Dover's revenue rose 6.9% to $2.19B, operating income grew 10.5% to $391.8M, and net income increased 11.9% to $312.2M.
Net earnings
$312M
up 11.9% y/y
Revenue
$2,190M
up 6.9% y/y
Operating earnings
$392M
up 10.5% y/y
Gross profit
$881M
up 7.6% y/y
All figures in $M.
| Line item | Amount and change |
|---|---|
| Revenue | $2,190 · +6.9% |
| Cost of goods and services | $1,309 · +6.3% |
| Gross profit | $881 · +7.6% · 40.2% margin |
| Selling, general and administrative expenses | $489 · +5.4% |
| Operating earnings | $392 · +10.5% · 17.9% margin |
| Interest expense | $29.1 · +8.5% |
| Interest income | $14.5 · −19.0% |
| Other income, net | $10.4 · +150% |
| Earnings before provision for income taxes | $388 · +10.1% |
| Provision for income taxes | $75.2 · +4.4% · 19.4% effective rate |
| Loss from discontinued operations, net | $0.3 · −72.0% |
| Net earnings | $312 · +11.9% · 14.3% margin |
Verdict: Dover's revenue rose 6.9% to $2.19B, operating income grew 10.5% to $391.8M, and net income increased 11.9% to $312.2M.
Source and notation
Source: DOV press release, 8-K EX-99.1 of 07/23/2026 (SEC EDGAR).
Open as an image: DOV, Q2 2026 (PNG) ↗ · for sharing and presentations · free to reuse, CC BY 4.0
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Chart: “DOV Q2 2026: where the revenue went” by Who Reports Today, https://whoreportstoday.com/t/dov/q2-2026. Licensed under CC BY 4.0.
<figure> <a href="https://whoreportstoday.com/t/dov/q2-2026"><img src="https://whoreportstoday.com/t/dov/q2-2026/sankey.png" alt="DOV Q2 2026: where the revenue went" loading="lazy" style="max-width:100%;height:auto"></a> <figcaption>Source: <a href="https://whoreportstoday.com/t/dov/q2-2026">Who Reports Today</a>, licensed under <a href="https://creativecommons.org/licenses/by/4.0/">CC BY 4.0</a></figcaption> </figure>
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<a href="https://whoreportstoday.com/t/dov/q2-2026">DOV Q2 2026 earnings chart (Who Reports Today)</a>
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- Operating income was $392M (+10.5% y/y), an operating margin of 17.9% vs 17.3% a year ago.
- Gross profit of $881M is a gross margin of 40.2% vs 39.9% a year ago.
- Income tax of $75.2M implies an effective rate of 19.4% vs 20.4% a year ago.
What distorts the picture in this report and what to watch beyond the headlines.
DOV — a diversified manufacturer of equipment, components, consumables, aftermarket parts, software and services for industrial customers.
It reports five segments: Engineered Products (vehicle aftermarket, aerospace and defense, winches), Clean Energy & Fueling, Imaging & Identification (marking and coding), Pumps & Process Solutions, and Climate & Sustainability Technologies (refrigeration and heat exchangers). · Source: annual report (Form 10-K, SEC)
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