| Relation | Metric | Value | YoY |
|---|
Where did the money come from, and where was it spent?
Revenue declined year over year, putting pressure on the core business.
Operating margin declined by 0.6 percentage points year over year.
- Revenue
- USD 1.97B YoY −7.70%
- Largest revenue segment share (Water Solutions)
- 41.28% YoY +2.00pp
- Cost of revenue
- USD 1.14B Share 57.93% · YoY −10.42%
- Selling, general and administrative
- USD 403.70M Share 20.50% · YoY +3.41%
View calculation evidence
YoY periods: H1 2026 compared with H1 2025
Source metrics
- RevenueNet sales · RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenueCost of goods sold · CostOfGoodsAndServicesSold
- Selling, general and administrativeSelling, general and administrative · SellingGeneralAndAdministrativeExpense
- Largest revenue segment share (Water Solutions)Water Solutions · segment_value / revenue * 100
- Operating marginReportable segment income · operating_income / revenue * 100