Flowserve | 8-K: FY2025 Q1 Revenue Beats Estimate at USD 1.145 B

Revenue: As of FY2025 Q1, the actual value is USD 1.145 B, beating the estimate of USD 1.11 B.

EPS: As of FY2025 Q1, the actual value is USD 0.56, beating the estimate of USD 0.5519.

EBIT: As of FY2025 Q1, the actual value is USD 131.89 M.

Flowserve Corporation First Quarter 2025 Financial Metrics

Segment Revenue

• Flowserve Pumps Division (FPD): Bookings of $852.9 million, a 21.2% increase from the previous year. Sales amounted to $783.1 million, up 1.8% year-over-year.
• Flow Control Division (FCD): Bookings of $376.0 million, a 10.2% increase from the previous year. Sales totaled $364.1 million, up 13.6% year-over-year.

Operational Metrics

• Gross Margin: Reported gross margin of 32.3%, an increase of 110 basis points from the prior year. Adjusted gross margin was 33.5%, up 180 basis points.
• Operating Income: Reported operating income of $132 million, a 17% increase from last year. Adjusted operating income was $147 million, a 24% increase.
• Operating Margin: Reported operating margin of 11.5%, up 110 basis points from the previous year. Adjusted operating margin was 12.8%, up 190 basis points.

Cash Flow

• Operating Cash Flow: Net cash flows used by operating activities were - $49.9 million, compared to $62.3 million provided in the previous year.

Unique Metrics

• Backlog: Increased to $2,902.9 million, an 11.1% increase from the previous year.

Outlook / Guidance

• Flowserve Corporation reaffirmed its full-year 2025 guidance, including an Adjusted EPS target range of $3.10 to $3.30. The guidance reflects the estimated impact of recently announced tariffs, net of estimated mitigating actions.