Flowserve (FLS) Cost of Revenue (2009 - 2026)
Flowserve's Cost of Revenue was $823.39 million in Q3 2026, up 3.7% from $794.15 million a year earlier and up 5.0% from the prior quarter.
Flowserve (FLS) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Flowserve's Cost of Revenue was $3.09 billion through Sep 30, 2026, down 2.1% year-over-year; for FY2025, it came in at $3.15 billion, up 0.8% from FY2024.
- Cost of Revenue has now increased for four consecutive years, with a five-year compound annual growth rate of 3.8% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $3.12 billion in FY2024 (+2.6%), $3.04 billion in FY2023 (+16.1%), $2.62 billion in FY2022 (+5.2%) and $2.49 billion in FY2021 (-4.6%).
- The Q3 2026 figure marks the highest quarterly Cost of Revenue since Q4 2023.
- Compared with a year earlier, Cost of Revenue was higher in four of the last eight quarters, with an average decline of 0.7%.
- The best year-over-year quarter for Cost of Revenue over five years was Q3 2023 (growth of 22.7%); the worst was Q1 2026 (a decline of 11.2%).
- Per Business Quant data, FLS's Cost of Revenue in the three quarters before Q3 2026 was $784.45 million (Q2 2026), $688.43 million (Q1 2026) and $796.96 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 13.33 Bn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 6.21 Bn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 7.95 Bn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 5.84 Bn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 3.73 Bn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 3.80 Bn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 2.46 Bn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 2.33 Bn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 2.67 Bn |
| 10 | Flowserve | 10.86 Bn | 7.91 Bn | 414.38 Mn | 823.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 823.39 Mn |
| Jun 30, 2026 | 784.45 Mn |
| Mar 31, 2026 | 688.43 Mn |
| Dec 31, 2025 | 796.96 Mn |
| Sep 30, 2025 | 794.15 Mn |
| Jun 30, 2025 | 781.51 Mn |
| Mar 31, 2025 | 775.21 Mn |
| Dec 31, 2024 | 808.23 Mn |
| Sep 30, 2024 | 776.02 Mn |
| Jun 30, 2024 | 790.80 Mn |
| Mar 31, 2024 | 748.51 Mn |
| Dec 31, 2023 | 825.64 Mn |
| Sep 30, 2023 | 777.02 Mn |
| Jun 30, 2023 | 757.62 Mn |
| Mar 31, 2023 | 683.48 Mn |
| Dec 31, 2022 | 743.72 Mn |
| Sep 30, 2022 | 633.30 Mn |
| Jun 30, 2022 | 632.39 Mn |
| Mar 31, 2022 | 611.41 Mn |
| Dec 31, 2021 | 652.36 Mn |
Flowserve Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "FLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();