Filing Flows › Dover (DOV) › How it makes money
How Dover (DOV) makes money
Dover (DOV) made $2.2B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Of every dollar of revenue, 40¢ was left as gross profit, 19¢ was left as operating profit, 15¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.2B | 100.0% |
| Cost of revenue | $1.3B | 59.6% |
| Gross profit | $903M | 40.4% |
| Operating expenses | $484M | 21.7% |
| Operating profit | $419M | 18.8% |
| Income tax | $83.9M | 3.8% |
| Net earnings | $333M | 14.9% |
| Operating cash flow | $439M | 19.6% |
| Free cash flow | $383M | 17.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.2B | +8% |
| Q2 2026 | $2.2B | +7% |
| Q1 2026 | $2.1B | +10% |
| Q4 2025 | $2.1B | +9% |
| Q3 2025 | $2.1B | +5% |
| Q2 2025 | $2.0B | +5% |
| Q1 2025 | $1.9B | -0.9% |
From Dover's 10-Q filed Oct 22, 2026 (on EDGAR).
Questions
How does Dover make money?
Dover (DOV) made $2.2B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Of every dollar of revenue, 40¢ was left as gross profit, 19¢ was left as operating profit, 15¢ was left as net earnings.
What is Dover's profit margin?
Net earnings were $333M, 14.9% of revenue, in the third quarter 2026; the operating margin was 18.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.