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DOV
Dover CorporationStock · IndustrialsS&P 500 0.1%
$202.20+$4.40 (+2.22%)as of market close, Jul 24, 2026
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How Dover makes money

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How does Dover make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Dover Corporation · FY2025 · year ended 2025-12-31
Revenue$8.1BGross profit$3.2B · 40%Cost of revenue$4.9B · 60%Operating income$1.4B · 17%Operating expenses$1.8B · 23%R&D$165M · 2%Other opex$1.7B · 21%Net income$1.1B · 14%Income tax$277M · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.