Flowserve (FLS) Operating Expenses (2009 - 2026)
Flowserve (FLS) posted Operating Expenses of $263.4 million for Q1 2026, up 6.27% on a QoQ basis from $247.9 million in Q4 2025, and up 8.32% year-over-year from $243.2 million in Q1 2025.
Flowserve (FLS) Operating Expenses (2009 - 2026) Analysis & Trends
Flowserve's Operating Expenses history runs 18 years deep, the most recent figure standing at $263.4 million for Q1 2026.
- Quarterly Operating Expenses rose 8.32% year-over-year to $263.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 9.02% YoY) and the FY2025 annual result came in at $1.1 billion, up 8.6% from the prior year.
- Operating Expenses was $263.4 million for Q1 2026 at Flowserve, up from $247.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $305.2 million in Q3 2025 and bottomed at $5.5 million in Q3 2022.
- A 5-year average of $227.3 million and a median of $243.2 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 97.26% — and 2023, when it soared 4483.0%.
- Flowserve's Operating Expenses stood at $193.6 million in 2022, then climbed by 21.26% to $234.7 million in 2023, then grew by 7.34% to $252.0 million in 2024, then retreated by 1.63% to $247.9 million in 2025, then increased by 6.27% to $263.4 million in 2026.
- Business Quant data shows FLS's Operating Expenses at $263.4 million in Q1 2026, $247.9 million in Q4 2025, and $305.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 1.48 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 1.20 Bn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 1.32 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | - |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 1.41 Bn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 658.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 370.70 Mn |
| 10 | Flowserve | 9.22 Bn | 8.43 Bn | 379.84 Mn | 263.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 263.40 Mn |
| Dec 31, 2025 | 247.86 Mn |
| Sep 30, 2025 | 305.15 Mn |
| Jun 30, 2025 | 265.91 Mn |
| Mar 31, 2025 | 243.18 Mn |
| Dec 31, 2024 | 251.97 Mn |
| Sep 30, 2024 | 259.03 Mn |
| Jun 30, 2024 | 238.63 Mn |
| Mar 31, 2024 | 228.42 Mn |
| Dec 31, 2023 | 234.75 Mn |
| Sep 30, 2023 | 252.07 Mn |
| Jun 30, 2023 | 230.08 Mn |
| Mar 31, 2023 | 244.27 Mn |
| Dec 31, 2022 | 193.59 Mn |
| Sep 30, 2022 | 5.50 Mn |
| Jun 30, 2022 | 194.61 Mn |
| Mar 31, 2022 | 206.14 Mn |
| Dec 31, 2021 | 187.11 Mn |
| Sep 30, 2021 | 200.86 Mn |
| Jun 30, 2021 | 210.79 Mn |