XYL Q2 2023 Earnings — Xylem Inc. Revenue & Financial Results | Market Cap Arena

XYLXylem Inc.

$30B

Q2 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.7B+26.2% YoY

Gross Profit

$651M37.8% margin

Operating Income

$119M6.9% margin

Net Income

$92M5.3% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

+18.9%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

-$26M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$16.1B

Total Liabilities

$6.2B

Stockholders' Equity

$9.9B

Cash & Equivalents

$708M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.4B	+26.2%
Gross Profit	$651M	$520M	+25.2%
Operating Income	$119M	$146M	-18.5%
Net Income	$92M	$112M	-17.9%

Revenue Segments

Water Infrastructure

$466M40%

Measurement and Control Solutions

$323M28%

Applied Water

$257M22%

Integrated Solutions & Services

$110M10%