Dover Corporation (DOV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.05B | 2.1B | 2.08B | 2.05B | 1.87B | 1.93B | 1.98B | 1.95B | 1.88B | 2.11B | 1.96B | 2.1B | 2.08B | 2.14B | 2.16B | 2.16B | 2.05B | 1.99B | 2.02B | 2.03B |
| Revenue Growth % | 10.05% | 8.77% | 4.75% | 5.17% | -0.94% | -8.35% | 1.28% | -7.2% | -9.39% | -1.56% | -9.26% | -2.72% | 1.32% | 7.54% | 6.94% | 6.25% | 9.85% | 11.73% | 15.44% | 35.52% |
| Cost of Goods Sold | 1.26B | 1.28B | 1.24B | 1.23B | 1.12B | 1.18B | 1.22B | 1.2B | 1.19B | 1.32B | 1.22B | 1.34B | 1.33B | 1.37B | 1.39B | 1.38B | 1.31B | 1.27B | 1.26B | 1.26B |
| COGS % of Revenue | 61.14% | 60.9% | 59.88% | 60.08% | 60.05% | 61.36% | 61.52% | 61.38% | 62.99% | 62.69% | 62.25% | 63.87% | 64.07% | 64.18% | 64.2% | 63.81% | 63.78% | 63.73% | 62.61% | 61.99% |
| Gross Profit | 798.13M | 820.81M | 833.59M | 818.26M | 745.5M | 745.72M | 763.19M | 752.52M | 697.19M | 785.76M | 739.38M | 758.84M | 747.02M | 766.33M | 772.75M | 781.28M | 743.19M | 721.49M | 754.58M | 772.17M |
| Gross Margin % | 38.86% | 39.1% | 40.12% | 39.92% | 39.95% | 38.64% | 38.48% | 38.62% | 37.01% | 37.31% | 37.75% | 36.13% | 35.93% | 35.82% | 35.8% | 36.19% | 36.22% | 36.27% | 37.39% | 38.01% |
| Gross Profit Growth % | 7.06% | 10.07% | 9.23% | 8.74% | 6.93% | -5.1% | 3.22% | -0.83% | -6.67% | 2.54% | -4.32% | -2.87% | 0.51% | 6.22% | 2.41% | 1.18% | 3% | 10.75% | 14.55% | 39.99% |
| Operating Expenses | 492.23M | 475.51M | 456.44M | 463.67M | 449.19M | 450.66M | 429.57M | 429.06M | 442.98M | 431.29M | 402.84M | 434.34M | 432.41M | 413.61M | 402.34M | 424.43M | 443.84M | 438.69M | 412.55M | 428.04M |
| OpEx % of Revenue | 23.97% | 22.65% | 21.97% | 22.62% | 24.07% | 23.35% | 21.66% | 22.02% | 23.52% | 20.48% | 20.57% | 20.68% | 20.8% | 19.34% | 18.64% | 19.66% | 21.63% | 22.05% | 20.44% | 21.07% |
| Selling, General & Admin | 492.23M | 475.51M | 456.44M | 463.67M | 449.19M | 450.66M | 429.57M | 429.06M | 442.98M | 431.29M | 402.84M | 434.34M | 432.41M | 413.61M | 402.34M | 424.43M | 443.84M | 438.69M | 412.55M | 428.04M |
| SG&A % of Revenue | 23.97% | 22.65% | 21.97% | 22.62% | 24.07% | 23.35% | 21.66% | 22.02% | 23.52% | 20.48% | 20.57% | 20.68% | 20.8% | 19.34% | 18.64% | 19.66% | 21.63% | 22.05% | 20.44% | 21.07% |
| Research & Development | 0 | 0 | 43.5M | 40.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | 2.09% | 1.99% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 305.91M | 345.3M | 377.15M | 354.6M | 296.31M | 295.06M | 333.62M | 323.47M | 254.21M | 354.47M | 336.54M | 324.5M | 314.61M | 352.72M | 370.41M | 356.85M | 299.35M | 282.8M | 342.03M | 344.13M |
| Operating Margin % | 14.9% | 16.45% | 18.15% | 17.3% | 15.88% | 15.29% | 16.82% | 16.6% | 13.49% | 16.83% | 17.18% | 15.45% | 15.13% | 16.49% | 17.16% | 16.53% | 14.59% | 14.22% | 16.95% | 16.94% |
| Operating Income Growth % | 3.24% | 17.03% | 13.05% | 9.62% | 16.56% | -16.76% | -0.87% | -0.32% | -19.2% | 0.5% | -9.14% | -9.07% | 5.1% | 24.72% | 8.3% | 3.7% | -4.22% | 14.99% | 23.52% | 86.16% |
| EBITDA | 328.42M | 444.62M | 475.61M | 448.98M | 383.73M | 381.73M | 420.29M | 406.21M | 335.98M | 434.93M | 407.38M | 403.29M | 392.5M | 429.45M | 446.93M | 432.14M | 378.35M | 354.69M | 414.94M | 415.65M |
| EBITDA Margin % | 15.99% | 21.18% | 22.89% | 21.91% | 20.56% | 19.78% | 21.19% | 20.84% | 17.84% | 20.65% | 20.8% | 19.2% | 18.88% | 20.08% | 20.71% | 20.02% | 18.44% | 17.83% | 20.56% | 20.46% |
| EBITDA Growth % | -14.41% | 16.48% | 13.16% | 10.53% | 14.21% | -12.23% | 3.17% | 0.72% | -14.4% | 1.28% | -8.85% | -6.68% | 3.74% | 21.08% | 7.71% | 3.97% | -2.07% | 11.14% | 19.79% | 64.64% |
| D&A (Non-Cash Add-back) | 0 | 99.31M | 98.46M | 94.38M | 87.42M | 86.66M | 86.67M | 82.74M | 81.77M | 80.46M | 70.83M | 78.79M | 77.9M | 76.73M | 76.51M | 75.29M | 79M | 71.89M | 72.91M | 71.52M |
| EBIT | 328.42M | 368.67M | 413.48M | 378.89M | 322.99M | 331.95M | 420.46M | 339.73M | 796.04M | 360.13M | 350.63M | 333.83M | 320.5M | 356.54M | 382.82M | 362.35M | 302.25M | 487.12M | 353.95M | 350M |
| Net Interest Income | -15.46M | -11.1M | -9.44M | -8.86M | -7.35M | -5.16M | -28.95M | -28.29M | -31.61M | -25.95M | -28.58M | -31.15M | -32.12M | -31.66M | -28.55M | -26.04M | -25.78M | -25.05M | -24.97M | -25.72M |
| Interest Income | 14.06M | 17.04M | 17.8M | 17.93M | 20.25M | 23.14M | 5.18M | 4.08M | 4.76M | 4.94M | 3.81M | 2.65M | 2.09M | 1.46M | 1.24M | 949K | 775K | 1.35M | 1.47M | 942K |
| Interest Expense | 29.52M | 28.13M | 27.24M | 26.79M | 27.61M | 28.3M | 34.13M | 32.37M | 36.37M | 30.9M | 32.39M | 33.8M | 34.21M | 33.13M | 29.79M | 26.99M | 26.55M | 26.4M | 26.43M | 26.66M |
| Other Income/Expense | -6.97M | -4.77M | 9.09M | -2.5M | -928K | 8.59M | 52.71M | -16.11M | 505.47M | -25.24M | -18.31M | -24.47M | -28.32M | -29.3M | -17.38M | -21.49M | -23.65M | 177.91M | -14.51M | -20.79M |
| Pretax Income | 298.9M | 340.53M | 386.24M | 352.1M | 295.38M | 303.65M | 386.33M | 307.36M | 759.68M | 329.23M | 318.24M | 300.02M | 286.29M | 323.41M | 353.03M | 335.36M | 275.7M | 460.71M | 327.52M | 323.34M |
| Pretax Margin % | 14.55% | 16.22% | 18.59% | 17.18% | 15.83% | 15.73% | 19.48% | 15.77% | 40.33% | 15.63% | 16.25% | 14.29% | 13.77% | 15.12% | 16.36% | 15.53% | 13.44% | 23.16% | 16.23% | 15.92% |
| Income Tax | 60.15M | 65.77M | 82.95M | 71.97M | 56.14M | 65.27M | 73.43M | 60.77M | 157.58M | 32.97M | 56.25M | 57.78M | 57.72M | 59.83M | 67.01M | 45.74M | 49.55M | 97.93M | 63.76M | 58.84M |
| Effective Tax Rate % | 20.12% | 19.31% | 21.48% | 20.44% | 19.01% | 21.49% | 19.01% | 19.77% | 20.74% | 10.01% | 17.68% | 19.26% | 20.16% | 18.5% | 18.98% | 13.64% | 17.97% | 21.26% | 19.47% | 18.2% |
| Net Income | 238.43M | 282.07M | 302M | 279.06M | 230.82M | 1.44B | 347.1M | 281.82M | 632.22M | 296.26M | 289.75M | 242.24M | 228.57M | 263.58M | 286.03M | 289.62M | 226.15M | 362.79M | 263.76M | 264.51M |
| Net Margin % | 11.61% | 13.44% | 14.53% | 13.62% | 12.37% | 74.41% | 17.5% | 14.46% | 33.56% | 14.07% | 14.8% | 11.53% | 10.99% | 12.32% | 13.25% | 13.42% | 11.02% | 18.24% | 13.07% | 13.02% |
| Net Income Growth % | 3.3% | -80.36% | -12.99% | -0.98% | -63.49% | 384.7% | 19.79% | 16.34% | 176.59% | 12.4% | 1.3% | -16.36% | 1.07% | -27.35% | 8.44% | 9.49% | -2.84% | 99.22% | 31.68% | 112% |
| Net Income (Continuing) | 238.75M | 274.77M | 303.29M | 280.13M | 239.24M | 238.38M | 312.9M | 246.59M | 602.1M | 296.26M | 261.98M | 242.24M | 228.57M | 263.58M | 286.03M | 289.62M | 226.15M | 362.79M | 263.76M | 264.51M |
| Discontinued Operations | -316K | 1000K | -1000K | -1000K | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.75 | 2.04 | 2.19 | 2.02 | 1.67 | 10.38 | 2.51 | 2.04 | 4.52 | 2.11 | 2.06 | 1.72 | 1.63 | 1.87 | 2.00 | 2.00 | 1.56 | 2.49 | 1.81 | 1.82 |
| EPS Growth % | 4.79% | -80.35% | -12.75% | -0.98% | -63.05% | 391.94% | 21.84% | 18.6% | 177.3% | 12.83% | 3% | -14% | 4.49% | -24.9% | 10.5% | 9.89% | -3.11% | 99.2% | 31.16% | 111.63% |
| EPS (Basic) | 1.77 | 2.06 | 2.20 | 2.03 | 1.68 | 10.47 | 2.53 | 2.05 | 4.55 | 2.12 | 2.07 | 1.73 | 1.64 | 1.88 | 2.01 | 2.01 | 1.57 | 2.52 | 1.83 | 1.84 |
| Diluted Shares Outstanding | 135.9M | 138.03M | 138.03M | 137.97M | 138.26M | 138.3M | 138.22M | 138.4M | 139.87M | 140.59M | 140.62M | 140.58M | 140.62M | 141.17M | 143.26M | 144.67M | 145.33M | 145.46M | 145.44M | 145.12M |
| Basic Shares Outstanding | 134.98M | 137.24M | 137.24M | 137.23M | 137.27M | 137.74M | 137.25M | 137.44M | 139.05M | 139.89M | 139.88M | 139.86M | 139.76M | 140.34M | 142.51M | 143.83M | 144.09M | 144M | 143.98M | 143.94M |
| Dividend Payout Ratio | 29.55% | 24.75% | 23.56% | 25.31% | 30.93% | 4.93% | 20.38% | 24.91% | 11.3% | 24.11% | 24.64% | 29.19% | 30.96% | 26.9% | 25.38% | 24.81% | 31.93% | 19.87% | 27.34% | 26.98% |