Xylem Inc. reported second-quarter 2026 results with revenue of $2.34B, net income of $263M and diluted EPS of $1.11, all higher versus the year-ago quarter as the company saw modest organic growth, improved margins and stronger orders.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$2.34B$2.3B1.5% | Net income²$263M$226M16.4% | Diluted EPS³$1.11$0.9319.4% |
¹ Reported as “Revenue”. ² Reported as “Net income attributable to Xylem”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth of 1.5% was driven by 1.3% organic growth and favorable foreign-exchange impacts.
- Order intake rose 42% year over year to $3,086M, and backlog increased about 6% with roughly 40% expected to convert to 2026 revenue.
- Strong order activity in Water Solutions & Services and Applied Water segments; Measurement & Control declined partly due to divestitures.
- Gross margin expanded to 41.2% aided by productivity, price realization and favourable mix despite inflationary pressures.
- Company raised its full-year organic revenue guidance to a 2–3% range and emphasized productivity, backlog execution and targeted investments.
Original SEC Filing:
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