v3.26.1
Revenue (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue by Reporting Unit
Revenue by reporting unit for the three and six months ended June 30, 2026 and 2025 was as follows:

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Scientific Fluidics & Optics$233.3 $209.0 $447.4 $403.0 
Performance Pneumatic Technologies78.0 65.1 161.3 124.1 
Sealing Solutions71.8 61.3 141.5 121.9 
Material Processing Technologies31.9 29.9 63.2 57.8 
Intersegment elimination(1.0)(1.4)(2.0)(2.8)
Health & Science Technologies414.0 363.9 811.4 704.0 
Pumps110.6 109.1 219.0 214.9 
Water97.9 85.8 187.5 168.7 
Energy49.1 55.4 99.1 102.3 
Agriculture35.8 37.1 68.9 69.1 
Valves23.7 23.5 44.1 46.4 
Intersegment elimination(0.4)(0.4)(0.6)(0.7)
Fluid & Metering Technologies316.7 310.5 618.0 600.7 
Fire & Safety120.7 123.6 244.9 234.6 
Dispensing35.4 37.3 69.5 80.9 
BAND-IT33.8 30.6 63.8 60.3 
Intersegment elimination— (0.5)(0.1)(0.8)
Fire & Safety/Diversified Products189.9 191.0 378.1 375.0 
Net sales$920.6 $865.4 $1,807.5 $1,679.7 
Revenue by geographical region for the three and six months ended June 30, 2026 and 2025 was as follows:

Three Months Ended June 30, 2026
HSTFMTFSDPIDEX
U.S.$186.0 $183.7 $97.4 $467.1 
North America, excluding U.S.7.6 15.8 8.4 31.8 
Europe126.6 50.0 45.3 221.9 
Asia81.6 45.7 28.9 156.2 
Other(1)
13.2 21.9 9.9 45.0 
Intersegment elimination(1.0)(0.4)— (1.4)
Net sales$414.0 $316.7 $189.9 $920.6 

Three Months Ended June 30, 2025
HSTFMTFSDPIDEX
U.S.$166.3 $175.7 $93.8 $435.8 
North America, excluding U.S.5.2 18.4 7.9 31.5 
Europe116.1 51.6 52.4 220.1 
Asia69.9 41.7 29.5 141.1 
Other(1)
7.8 23.5 7.9 39.2 
Intersegment elimination(1.4)(0.4)(0.5)(2.3)
Net sales$363.9 $310.5 $191.0 $865.4 
Schedule of External Net Sales Disaggregated by Geography
Six Months Ended June 30, 2026
HSTFMTFSDPIDEX
U.S.$371.7 $359.4 $193.1 $924.2 
North America, excluding U.S.13.4 31.0 15.9 60.3 
Europe249.4 103.8 94.0 447.2 
Asia155.9 80.0 56.0 291.9 
Other(1)
23.0 44.4 19.2 86.6 
Intersegment elimination(2.0)(0.6)(0.1)(2.7)
Net sales$811.4 $618.0 $378.1 $1,807.5 

 Six Months Ended June 30, 2025
HSTFMTFSDPIDEX
U.S.$321.4 $344.5 $189.3 $855.2 
North America, excluding U.S.9.9 34.4 16.0 60.3 
Europe218.2 100.0 94.9 413.1 
Asia141.2 76.1 60.5 277.8 
Other(1)
16.1 46.4 15.1 77.6 
Intersegment elimination(2.8)(0.7)(0.8)(4.3)
Net sales$704.0 $600.7 $375.0 $1,679.7 
(1) Other includes: South America, Middle East, Australia and Africa.
Schedule of Contract with Customer, Asset and Liability
The composition of customer receivables was as follows:
June 30, 2026December 31, 2025
Billed receivables$506.3 $477.1 
Unbilled receivables38.0 34.8 
Total customer receivables$544.3 $511.9 
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The composition of deferred revenue was as follows:
June 30, 2026December 31, 2025
Deferred revenue – current$54.7 $45.8 
Deferred revenue – noncurrent15.4 22.0 
Total deferred revenue$70.1 $67.8