Jul. 28 at 11:27 AM
$XYL | XYLEM INC. Q2 2026 EARNINGS HIGHLIGHTS
◆ EPS:
$1.46 vs.
$1.34 est. ✅
◆ Revenue:
$2.34B vs.
$2.34B est. ❌
◆ Net Income:
$263M (+16.4% YoY)
◆ Operating Income:
$390M (+27.9% YoY)
◆ Gross Profit:
$963M (+7.9% YoY)
◆ Operating Cash Flow:
$398M (+17.8% YoY)
Segment Performance:
◆ Water Infrastructure:
$683M (+5% YoY)
◆ Applied Water:
$501M (+4% YoY)
◆ Measurement & Control Solutions:
$508M (+32.3% YoY)
◆ Water Solutions & Services:
$644M (+13.8% YoY)
Key Metrics:
◆ H1 2026 free cash flow (operating cash flow minus capex):
$398M operating cash flow less
$179M capex =
$219M; YTD operating cash flow up 17.8% YoY from
$338M
◆ Share repurchases of
$1.243B in H1 2026, vs.
$13M in H1 2025, funded by
$990M long-term debt issuance
◆ Dividends paid of
$207M in H1 2026, up from
$196M in H1 2025
Forward Guidance:
◆ FY 2026 revenue: ~
$9.2B, up ~2% reported (prev. 2–3%) and ~2–3% organic (prev. 2–4%)
◆ FY 2026 adjusted EBITDA margin: ~23.1–23.5%, up 90–130 bps from 2025 adjusted results
◆ FY 2026 adjusted EPS:
$5.55–
$5.70 (raised from prior range of
$5.35–
$5.60)
◆ FY 2026 free cash flow margin: ~10.2–11.0% (unchanged)
