Filing Flows › Xylem (XYL) › How it makes money
How Xylem (XYL) makes money
Xylem (XYL) made $2.2B of revenue in the third quarter 2026 (Q3 2026), -3% from a year earlier. Product brought in $1.8B (82%); Service brought in $394M (18%). Of every dollar of revenue, 41¢ was left as gross profit, 17¢ was left as operating profit, 13¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Product | $1.8B | 82.1% | -7% | -3% |
| Service | $394M | 17.9% | +3% | -2% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.2B | 100.0% |
| Cost of revenue | $1.3B | 58.8% |
| Gross profit | $907M | 41.2% |
| Operating expenses | $522M | 23.7% |
| Operating profit | $385M | 17.5% |
| Income tax | $77.0M | 3.5% |
| Net earnings | $291M | 13.2% |
| Operating cash flow | $331M | 15.0% |
| Free cash flow | $242M | 11.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.2B | -3% |
| Q2 2026 | $2.3B | +2% |
| Q1 2026 | $2.1B | +3% |
| Q4 2025 | $2.4B | +6% |
| Q3 2025 | $2.3B | +8% |
| Q2 2025 | $2.3B | +6% |
| Q1 2025 | $2.1B | +2% |
From Xylem's 10-Q filed Oct 27, 2026 (on EDGAR).
Questions
How does Xylem make money?
Xylem (XYL) made $2.2B of revenue in the third quarter 2026 (Q3 2026), -3% from a year earlier. Product brought in $1.8B (82%); Service brought in $394M (18%). Of every dollar of revenue, 41¢ was left as gross profit, 17¢ was left as operating profit, 13¢ was left as net earnings.
What is Xylem's biggest business?
Product: $1.8B in the third quarter 2026, 82% of revenue, -3% from a year earlier.
What is Xylem's profit margin?
Net earnings were $291M, 13.2% of revenue, in the third quarter 2026; the operating margin was 17.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.