Exhibit 99.1
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Xylem Inc.
301 Water Street SE, Suite 200
Washington, DC 20003
Tel +1.202.869.9150

Contacts:MediaInvestors
Press OfficeGreg Giometti
+1 (978) 704-5149Michael Travers
PressOffice@xylem.comInvestor.Relations@xylem.com


Xylem Reports Third Quarter 2026 Results and Announces
Strategic Actions to Accelerate Growth

•Strong orders and backlog, solid earnings performance and margin expansion reflect operational excellence despite a more cautious spending environment
•Company accelerates transformation strategy, announces intent to divest Applied Water International and Specialty Flow Control; and move to three segment structure in 2027

WASHINGTON, D.C., October 27, 2026 – Xylem Inc. (NYSE: XYL), a leading global water solutions company dedicated to solving the world’s most challenging water issues, today reported third-quarter 2026 results and announced actions to further accelerate its portfolio transformation.

While revenue was impacted by project timing and more cautious spending decisions, strong order activity and solid earnings performance demonstrated the resilience of the business and the benefits of the company’s transformation. Xylem also announced its intent to divest Applied Water International and Specialty Flow Control, and beginning in 2027, the alignment of its businesses from four segments to three.

Third Quarter Results

Highlights:
•Orders of $2.3 billion, up 7% on a reported basis and 10% organically
•Revenue of $2.2 billion, down 3% on a reported basis and flat organically
•Earnings per share of $1.25, up 34%; $1.44 on an adjusted basis, up 5%

Third quarter results reflected a mixed operating environment. The company delivered total revenue of $2.2 billion against a dynamic backdrop. Third-quarter earnings per share were up 34 percent on a reported basis and 5 percent on an adjusted basis.

Net income attributable to Xylem for the quarter was $291 million, or $1.25 per share. Net income margin increased 320 basis points to 13.2 percent. These results are primarily driven by strong operational performance and lower loss on sale of businesses, partially offset by increased interest and income tax expense. Adjusted net income attributable to Xylem was $336 million, or $1.44 per share, which excludes purchase accounting intangible amortization, loss on sale of businesses, restructuring and realignment costs, and special charges, including the impact of IEEPA tariff refunds.
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Third-quarter adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) margin was 23.9 percent, reflecting a year-over-year increase of 70 basis points. Productivity savings and strong price realization drove the margin expansion, exceeding the impact of inflation, lower volumes, and mix.

Outlook

Xylem now forecasts full-year 2026 revenue of approximately $8.95 billion, down 1 percent year over year on a reported basis, versus prior guidance of up 2 percent, and flat on an organic basis, versus prior guidance of up 2 to 3 percent.

Full-year 2026 adjusted EBITDA margin is expected to be approximately 23.2 percent, an increase of 100 basis points versus Xylem’s 2025 adjusted results. This results in full-year adjusted earnings per share of $5.40 to $5.45, down from the previous guidance range of $5.55 to $5.70. Full-year free cash flow margin is expected to be approximately 10.2 percent, versus 10.2 to 11.0 percent previously guided.

Further 2026 planning assumptions are included in Xylem’s third-quarter 2026 earnings materials posted at www.xylem.com/investors. Excluding revenue, Xylem provides guidance only on a non-GAAP basis due to the inherent difficulty in forecasting certain amounts that would be included in GAAP earnings, such as discrete tax items, without unreasonable effort.

Supplemental information on Xylem’s third-quarter earnings, as well as definitions of and reconciliations for certain non-GAAP items is posted at www.xylem.com/investors.

Sharpening Xylem’s Focus for Growth

Xylem's planned divestiture of Applied Water International and Specialty Flow Control and its move to a three-segment structure are designed to create a more focused company aligned around customer needs and long-term growth priorities.

The planned divestitures further sharpen Xylem’s focus, enabling the company to direct capital toward the technologies, capabilities and markets that align most closely with its long-term strategy. Xylem is already seeing momentum in high-growth industry verticals, including data centers and microelectronics, reinforcing the opportunity to increase investment and exposure in these markets.

Beginning January 1, 2027, Xylem will align its business into three segments: Treatment and Services, Flow Solutions, and Measurement and Analytics. The new structure brings together complementary technologies and capabilities around the core activities of moving water, treating water, and measuring and optimizing water systems. By bringing together businesses with shared customers, technologies and growth opportunities, Xylem expects to unlock greater value across the portfolio and operate with greater simplicity, speed and accountability. Treatment and Services will be led by Rodney Aulick; Flow Solutions will be led by Joe Johnston; and Measurement and Analytics will be led by Meredith Emmerich.

“We’re moving with urgency to shape Xylem around the markets where our capabilities can deliver the greatest customer value and strongest long-term growth," said Matthew Pine, president and CEO of Xylem. "The resilience we’ve built, evident this quarter, allows us to make those choices deliberately and from a position of strength.”

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About Xylem

Xylem (XYL) is a Fortune 500 global water solutions company that empowers customers and communities to build a more water-secure world. Our 22,000 employees delivered revenue of $9 billion in 2025, optimizing water and resource management with innovation and expertise. Join us at www.xylem.com and Let’s Solve Water.
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Xylem uses our Investor Relations website, www.xylem.com/investors, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Generally, the words “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “contemplate,” “predict,” “forecast,” “likely,” “believe,” “target,” “goal,” “objective,” “will,” “could,” “would,” “should,” “potential,” “may” and similar expressions or their negative, may, but are not necessarily to, identify forward-looking statements. By their nature, forward-looking statements address uncertain matters and include any statements that: are not historical, such as statements about our strategy, financial plans, outlook, objectives, plans, intentions or goals (including those related to our social, environmental and other sustainability goals); or address possible or future results of operations or financial performance, including statements relating to orders, revenues, operating margins and earnings per share growth.

Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent risks and uncertainties, many of which are beyond our control. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in or implied by our forward-looking statements include, among others, the following: the impact of overall industry and general economic conditions, including industrial, governmental, and public and private sector demand and spending, interest rates, availability of funding to our customers, timing of customers’ capital spending and project deployments, inflation and governments' related monetary policy in response, and the strength of the real estate markets, on economic activity and our operations; geopolitical matters, including nationalism, protectionism and anti-global sentiment, volatility involving the U.S. and other governments, ongoing, escalation or outbreak of international conflicts, and regulatory, trade protection, economic and other risks associated with our global sales and operations; manufacturing and operating cost increases due to macroeconomic conditions, including inflation, energy supply, supply chain shortages, logistics challenges, labor shortages, trade agreements, tariffs, and other trade protection measures, and other factors; demand for our products, disruption, competition or pricing pressures in the markets we serve; cybersecurity incidents, data breaches, or other disruptions of information technology systems on which we or our customers rely, or involving our connected products and services; lack of availability or delays in receiving parts and raw materials from our supply chain, including semiconductors or other key components; operational disruptions at our facilities or that of third parties upon which we rely; safe and compliant treatment and handling of water, wastewater and hazardous materials; failure to successfully execute large projects, including as respects performance guarantees and customers’ budgets, timelines and safety requirements; our ability to retain, compete for, and attract leadership, other key talent and labor; defects, security, warranty and liability claims, and recalls related to our products; uncertainty around productivity, simplification, restructuring and realignment actions and related costs and savings; our ability to execute strategic investments for growth and portfolio optimization actions, including acquisitions and divestitures; availability, regulation or interference with radio spectrum used by certain of our products; volatility in served markets or impacts on our business and operations due to weather conditions, volatile weather events, or changing climate patterns; risks related to our sustainability efforts and related disclosures; fluctuations in foreign currency exchange rates; our level of indebtedness, including debt incurred to finance the pending Cornell Pump and Roper Pump acquisition; difficulty predicting our financial results; risk of future impairments to goodwill and other intangible assets; changes in our effective tax rates or tax expenses; failure to comply with, or changes in, laws or regulations, pertaining to our business conduct, operations, products and services, including anti-corruption, artificial intelligence, data privacy and security, trade, competition, the environment, and health and safety; legal, governmental or regulatory claims, investigations or proceedings and associated contingent liabilities; matters related to intellectual property infringement or expiration of rights; and other
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factors set forth under “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025 and in subsequent filings we make with the Securities and Exchange Commission (“SEC”).

All forward-looking statements made herein are based on information currently available to us as of the date of this press release. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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XYLEM INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED INCOME STATEMENTS (Unaudited) (in millions, except per share data)
Three MonthsNine Months
For the periods ended September 30,2026202520262025
Revenue from products$1,807 $1,867 $5,517 $5,487 
Revenue from services394 401 1,145 1,151 
Revenue2,201 2,268 6,662 6,638 
Cost of revenue from products1,026 1,109 3,176 3,279 
Cost of revenue from services268 276 813 816 
Cost of revenue1,294 1,385 3,989 4,095 
Gross profit907 883 2,673 2,543 
Selling, general and administrative expenses458 474 1,433 1,437 
Research and development expenses56 52 171 166 
Restructuring and asset impairment charges8 23 50 70 
Operating income385 334 1,019 870 
Interest expense(21)(6)(32)(23)
Other non-operating income, net6 6 3 13 
Loss on sale of businesses(5)(37)(17)(47)
Income before taxes365 297 973 813 
Income tax expense(77)(71)(235)(196)
Net income$288 $226 $738 $617 
Net loss attributable to non-controlling interests3 1 9 5 
Net income attributable to Xylem 291 227 747 622 
Earnings per share:
Basic$1.25 $0.93 $3.15 $2.56 
Diluted$1.25 $0.93 $3.14 $2.55 
Weighted average number of shares:
Basic232.7 243.5 237.3 243.3 
Diluted233.0 244.1 237.7 243.9 


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XYLEM INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
(in millions)
September 30,
2026		December 31,
2025
ASSETS
Current assets:
Cash and cash equivalents$708 $1,479 
Receivables, less allowances for discounts, returns and credit losses of $58 and $68 in 2026 and 2025, respectively
1,965 1,759 
Inventories1,052 983 
Prepaid and other current assets227 244 
Assets held for sale— 176 
Total current assets3,952 4,641 
Property, plant and equipment, net1,203 1,159 
Goodwill8,524 8,332 
Other intangible assets, net2,220 2,272 
Other non-current assets1,427 1,230 
Total assets$17,326 $17,634 
LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable$1,055 $1,013 
Accrued and other current liabilities1,257 1,237 
Short-term borrowings and current maturities of long-term debt530 534 
Liabilities held for sale— 72 
Total current liabilities2,842 2,856 
Long-term debt2,365 1,408 
Accrued post-retirement benefit obligations295 317 
Deferred income tax liabilities453 405 
Other non-current accrued liabilities860 899 
Total liabilities6,815 5,885 
Redeemable non-controlling interest239 258 
Stockholders’ equity:
Common Stock – par value $0.01 per share:
Authorized 750.0 shares, issued 260.3 shares and 259.9 shares in 2026 and 2025, respectively
3 3 
Capital in excess of par value8,801 8,759 
Retained earnings4,147 3,706 
Treasury stock – at cost 30.0 shares and 16.3 shares in 2026 and 2025, respectively
(2,375)(768)
Accumulated other comprehensive loss(307)(220)
Total stockholders’ equity10,269 11,480 
Non-controlling interests3 11 
Total equity10,272 11,491 
Total liabilities, redeemable non-controlling interest, and stockholders’ equity$17,326 $17,634 

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XYLEM INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
(in millions)
For the periods ended June 30,20262025
Operating Activities
Net income$738 $617 
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation195 201 
Amortization222 231 
Share-based compensation39 37 
Restructuring and asset impairment charges50 70 
Loss from sale of businesses17 47 
Other, net(32)3 
Payments for restructuring(59)(48)
Changes in assets and liabilities (net of acquisitions):
Changes in receivables(201)(113)
Changes in inventories(72)(30)
Changes in accounts payable29 (45)
Changes in accrued and deferred taxes14 (12)
Changes in long term receivables(147)(108)
Other, net(64)(152)
Net Cash – Operating activities729 698 
Investing Activities
Capital expenditures(268)(248)
Acquisition of businesses, net of cash acquired (425)(113)
Proceeds from sale of business, net of cash disposed95 48 
Proceeds from the sale of property, plant and equipment12 15 
Cash received from investments8 5 
Cash paid for investments(10)(26)
Cash paid for equity investments(4)(5)
Cash paid for asset acquisition(2)(37)
Cash received from cross-currency swaps39 31 
Other, net1 1 
Net Cash – Investing activities(554)(329)
Financing Activities
Short-term debt issued, net4 8 
Short-term debt repaid(5)(7)
Long-term debt issued, net990 — 
   Long-term debt repaid, net(10)(60)
Repurchase of common stock(1,580)(14)
Proceeds from exercise of employee stock options3 11 
Dividends paid(307)(293)
Other, net(30)(27)
Net Cash – Financing activities(935)(382)
Effect of exchange rate changes on cash(23)83 
Increase in cash classified within assets held for sale— (11)
Decrease in cash classified within assets held for sale12 11 
Changes in cash classified within assets held for sale12 — 
Net change in cash and cash equivalents(771)70 
Cash and cash equivalents at beginning of year1,479 1,121 
Cash and cash equivalents at end of period$708 $1,191 
Supplemental disclosure of cash flow information:
Cash paid during the period for:
Interest$39 $43 
Income taxes (net of refunds received)$221 $208 
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Xylem Inc. Non-GAAP Measures
Management reviews key performance indicators including revenue, gross margins, segment operating income and margins, orders growth, working capital and backlog, among others. In addition, we consider certain non-GAAP (or "adjusted") measures to be useful to management and investors evaluating our operating performance for the periods presented, and to provide a tool for evaluating our ongoing operations, liquidity and management of assets. This information can assist investors in assessing our financial performance and measures our ability to generate capital for deployment among competing strategic alternatives and initiatives, including but not limited to, dividends, acquisitions, share repurchases and debt repayment. Excluding revenue, Xylem provides guidance only on a non-GAAP basis due to the inherent difficulty in forecasting certain amounts that would be included in GAAP earnings, such as discrete tax items, without unreasonable effort. These adjusted metrics are consistent with how management views our business and are used to make financial, operating and planning decisions. These metrics, however, are not measures of financial performance under GAAP and should not be considered a substitute for revenue, operating income, net income, earnings per share (basic and diluted) or net cash from operating activities as determined in accordance with GAAP. We consider the following items to represent non-GAAP measures that we consider to be key performance indicators, as well as the related reconciling items to the most directly comparable measure calculated and presented in accordance with GAAP. The non-GAAP measures may not be comparable to similarly titled measures reported by other companies.
“Organic revenue” and “Organic orders” defined as revenue and orders, respectively, excluding the impact of fluctuations in foreign currency translation and contributions from acquisitions and divestitures. Divestitures include sales or discontinuance of insignificant portions of our business that did not meet the criteria for classification as a discontinued operation. The period-over-period change resulting from foreign currency translation impacts is determined by translating current period and prior period activity using the same currency conversion rate.
“EBITDA” defined as earnings before interest, taxes, depreciation and amortization expense. “Adjusted EBITDA” and "Adjusted Segment EBITDA" reflect the adjustments to EBITDA and segment EBITDA, respectively, to exclude share-based compensation charges, restructuring and realignment costs, gain or loss from sale of businesses and special charges.
“Adjusted EBITDA Margin” and “Adjusted Segment EBITDA Margin” defined as adjusted EBITDA and adjusted segment EBITDA divided by total revenue and segment revenue, respectively.
“Adjusted Operating Income”, “Adjusted Segment Operating Income”, “Adjusted Net Income” and “Adjusted EPS” defined as operating income, segment operating income, net income attributable to Xylem and earnings per share attributable to Xylem, adjusted to exclude restructuring and realignment costs, amortization of acquired intangible assets, gain or loss from sale of businesses, special charges and tax-related special items, as applicable.
“Adjusted Operating Margin” and “Adjusted Segment Operating Margin” defined as adjusted operating income and adjusted segment operating income divided by total revenue and segment revenue, respectively.
“Free Cash Flow” defined as net cash from operating activities, less capital expenditures, as reported in the Statement of Cash Flows. Our definition of free cash flow does not consider certain non-discretionary cash payments, such as debt.
"Free Cash Flow Margin" defined as free cash flow, adjusted (as applicable) for significant cash paid or received for non-operational tax, acquisition or divestiture activities; divided by revenue.
“Realignment costs” defined as costs not included in restructuring costs that are incurred as part of actions taken to reposition our business, including items such as professional fees, severance, relocation, travel, facility set-up and other costs.
“Special charges” defined as non-recurring costs incurred by the Company, such as those related to acquisitions and integrations, divestitures, non-cash impairment charges and other special charges. In 2026, these charges include reductions of expense related to the refunds of certain tariffs previously imposed under the International Emergency Economic Powers Act ("IEEPA").
“Tax-related special items” defined as tax items, such as tax return versus tax provision adjustments, tax exam impacts, tax law change impacts, excess tax benefits/losses and other discrete tax adjustments.
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Xylem Inc. Non-GAAP Reconciliation
Reported vs. Organic Orders
($ Millions)
(As Reported - GAAP)(As Adjusted - Organic)
(A)(B)(C)(D)(E)(F)=B+C+D+E(G)=F/(A-D)
OrdersOrdersChange 2026 v. 2025% Change 2026 v. 2025Book-to-BillAcquisitionsDivestituresFX ImpactChange
Adj.
2026 v. 2025		% Change
Adj. 2026 v. 2025
20262025
Nine Months Ended September 30
Xylem Inc.7,645 6,513 1,132 17 %115 %(38)102 (115)1,081 17 %
Water Infrastructure2,019 1,981 38 2 %105 %(23)12 (47)(20)(1)%
Applied Water1,552 1,419 133 9 %108 %— 10 (20)123 9 %
Measurement & Control Solutions1,409 1,285 124 10 %97 %(4)80 (14)186 15 %
Water Solutions & Services2,665 1,828 837 46 %145 %(11)— (34)792 43 %
Quarter Ended September 30
Xylem Inc.2,331 2,181 150 7 %106 %(11)74 (4)209 10 %
Water Infrastructure675 683 (8)(1)%105 %(2)4 (2)(8)(1)%
Applied Water502 445 57 13 %103 %— 10 — 67 15 %
Measurement and Control Solutions504 446 58 13 %116 %(4)60 — 114 30 %
Water Solutions and Services650 607 43 7 %103 %(5)— (2)36 6 %
Quarter Ended June 30
Xylem Inc.3,086 2,174 912 42 %132 %(15)23 (41)879 41 %
Water Infrastructure669 672 (3)— %98 %(13)3 (13)(26)(4)%
Applied Water538 488 50 10 %107 %— — (5)45 9 %
Measurement and Control Solutions430 437 (7)(2)%85 %— 20 (3)10 2 %
Water Solutions and Services1,449 577 872 151 %225 %(2)— (20)850 147 %
Quarter Ended March 31
Xylem Inc.2,228 2,158 70 3 %105 %(12)5 (70)(7)— %
Water Infrastructure675 626 49 8 %112 %(8)5 (32)14 2 %
Applied Water512 486 26 5 %114 %— — (15)11 2 %
Measurement and Control Solutions475 402 73 18 %94 %— — (11)62 15 %
Water Solutions and Services566 644 (78)(12)%100 %(4)— (12)(94)(15)%


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Xylem Inc. Non-GAAP Reconciliation
Reported vs. Organic Revenue
($ Millions)
(As Reported - GAAP)(As Adjusted - Organic)
(A)(B)(C)(D)(E)(F)=B+C+D+E(G)=F/(A-D)
RevenueRevenueChange 2026 v. 2025% Change 2026 v. 2025AcquisitionsDivestituresFX
Impact		Change Adj. 2026 v. 2025% Change Adj. 2026 v. 2025
20262025
Nine Months Ended September 30
Xylem Inc.6,662 6,638 24 — %(29)116 (97)14 — %
Water Infrastructure1,931 1,887 44 2 %(8)13 (45)4 — %
Applied Water1,438 1,374 64 5 %— 6 (19)51 4 %
Measurement and Control Solutions1,452 1,552 (100)(6)%(6)97 (14)(23)(2)%
Water Solutions and Services1,841 1,825 16 1 %(15)— (19)(18)(1)%
Quarter Ended September 30
Xylem Inc.2,201 2,268 (67)(3)%(17)80 (3)(7)— %
Water Infrastructure645 656 (11)(2)%(1)6 (2)(8)(1)%
Applied Water489 456 33 7 %— 6 — 39 9 %
Measurement and Control Solutions436 522 (86)(16)%(6)68 1 (23)(5)%
Water Solutions and Services631 634 (3)— %(10)— (2)(15)(2)%
Quarter Ended June 30
Xylem Inc.2,336 2,301 35 2 %(7)31 (29)30 1 %
Water Infrastructure683 650 33 5 %(4)2 (14)17 3 %
Applied Water501 483 18 4 %— — (5)13 3 %
Measurement and Control Solutions508 540 (32)(6)%— 29 (4)(7)(1)%
Water Solutions and Services644 628 16 3 %(3)— (6)7 1 %
Quarter Ended March 31
Xylem Inc.2,125 2,069 56 3 %(5)5 (65)(9)— %
Water Infrastructure603 581 22 4 %(3)5 (29)(5)(1)%
Applied Water448 435 13 3 %— — (14)(1)— %
Measurement and Control Solutions508 490 18 4 %— — (11)7 1 %
Water Solutions and Services566 563 3 1 %(2)— (11)(10)(2)%
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Xylem Inc. Non-GAAP Reconciliation
Adjusted Diluted EPS
($ Millions, except per share amounts)
Q3 2026Q3 2025
As ReportedAdjustmentsAdjustedAs ReportedAdjustmentsAdjusted
Total Revenue2,201 — 2,201 2,268 — 2,268 
Operating Income385 43  a 428 334 95  a 429 
Operating Margin17.5 %19.4 %14.7 %18.9 %
Interest Expense(21)— (21)(6)— (6)
Other Non-Operating Income (Expense)6 — 6 6 — 6 
Gain/(Loss) from Sale of Business(5)5 b— (37)37 b— 
Income before Taxes365 48 413 297 132 429 
Provision for Income Taxes(77)(3)c(80)(71)(26)c(97)
Net Income 288 45 333 226 106 332 
Net Loss Attributable to Non-controlling Interests3 — 3 1 — 1 
Net Income Attributable to Xylem291 45 336 227 106 333 
Diluted Shares233.0 233.0 244.1 244.1 
Diluted EPS$1.25 $0.19 $1.44 $0.93 $0.44 $1.37 
aQuarter-to-date:
Restructuring & realignment costs: 2026 - $14 million and 2025 - $31 million Special Charges: 2026 - $10 million of acquisition, divestiture & integration costs, offset by $33 million of IEEPA tariff refunds; 2025 - $9 million of acquisition, divestiture & integration costs Purchases accounting intangible amortization: 2026 - $52 million and 2025 - $55 million
bGain/(Loss) from sale of businesses as per income statement for all periods presented
cQuarter-to-date:
2026 - Net tax impact on pre-tax adjustments (notes a and b) of $8 million, offset by $5 million of other tax special expense items; 2025 - Net tax impact on pre-tax adjustments (notes a and b) of $27 million, offset by $1 million of other tax special expense items;
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Xylem Inc. Non-GAAP Reconciliation
EBITDA and Adjusted EBITDA by Quarter
($ Millions)
2026
Q1Q2Q3Q4Total
Net Income attributable to Xylem193 263 291 747 
Net Income Margin9.1 %11.3 %13.2 %N/A11.2 %
Depreciation65 65 65 195 
Amortization75 75 72 222 
Interest Expense (Income), net(4)2 15 13 
Income Tax Expense55 103 77 235 
EBITDA384 508 520 — 1,412 
EBITDA Margin18.1 %21.7 %23.6 %N/A21.2 %
Share-based Compensation13 12 14 39 
Restructuring & Realignment38 13 14 65 
Special Charges10 (3)(23)(16)
Loss/(Gain) from sale of businesses(4)16 5 17 
Loss attributable to non-controlling interest(4)(2)(3)(9)
Adjusted EBITDA437 544 527 — 1,508 
Revenue2,125 2,336 2,201 6,662 
Adjusted EBITDA Margin20.6 %23.3 %23.9 %N/A22.6 %
2025
Q1Q2Q3Q4Total
Net Income attributable to Xylem169 226 227 335 957 
Net Income Margin8.2 %9.8 %10.0 %14.0 %10.6 %
Depreciation68 69 64 66 267 
Amortization77 76 78 77 308 
Interest Expense (Income), net— 3 — (1)2 
Income Tax Expense50 75 71 35 231 
EBITDA364 449 440 512 1,765 
EBITDA Margin17.6 %19.5 %19.4 %21.4 %19.5 %
Share-based Compensation12 13 12 16 53 
Restructuring & Realignment27 29 30 45 131 
Special Charges12 13 9 2 36 
Loss/(Gain) from sale of businesses10 — 37 (16)31 
Loss attributable to non-controlling interest(2)(2)(1)(2)(7)
Adjusted EBITDA423 502 527 557 2,009 
Revenue2,069 2,301 2,268 2,397 9,035 
Adjusted EBITDA Margin20.4 %21.8 %23.2 %23.2 %22.2 %
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