Dover jumps after Q1 revenue rises 10% and 2026 EPS guidance stands firm
Dover shares rose after the company reported Q1 2026 results with revenue of $2.05B (+10% YoY) and adjusted EPS of $2.28 (+11% YoY). Dover also issued full-year 2026 adjusted EPS guidance of $10.45–$10.65 on 5–7% revenue growth, reinforcing confidence in demand and margins.
1. What’s moving the stock
Dover (DOV) is trading higher today after releasing first-quarter 2026 results that showed solid top-line growth, double-digit adjusted EPS expansion, and a supportive full-year outlook. The update highlighted revenue of $2.05 billion, up about 10% year over year (including 5.3% organic growth), and adjusted diluted EPS of $2.28, up 11%. (stocktitan.net)
2. The key numbers investors are reacting to
Beyond the headline growth, Dover pointed to strengthening demand indicators: bookings were $2.46 billion, above quarterly revenue, implying book-to-bill above 1 across all five segments. Free cash flow was $131.2 million versus $109.3 million in the prior-year quarter, supporting ongoing capital return and reinvestment capacity. (stocktitan.net)
3. Guidance and what it signals
For full-year 2026, Dover guided to GAAP EPS of $8.92–$9.12 and adjusted EPS of $10.45–$10.65, built on expected revenue growth of 5–7% and organic growth of 3–5%. That combination of continued organic growth, bookings momentum, and reaffirmed full-year targets is driving the upbeat reaction in the shares. (stocktitan.net)