XYLMEDIUM SIGNALOPERATIONAL10-K

Xylem demonstrated strong operational performance with revenues growing from $8.6B to $9.0B while simultaneously improving operating margins and building cash reserves.

The company's ability to grow revenue while significantly improving operating income margins from $1.0B to $1.2B (+21.2%) suggests operational efficiency gains and pricing power in their water technology markets. However, the reduction in workforce from 23,000 to 22,000 employees alongside revenue growth indicates cost optimization efforts that investors should monitor for sustainability.

Comparing 2026-02-25 vs 2025-03-03View on EDGAR →
FINANCIAL ANALYSIS

Xylem's financial profile strengthened considerably with cash and equivalents surging 31.9% to $1.5B, providing substantial liquidity for growth investments or economic uncertainty. Operating income jumped 21.2% to $1.2B, outpacing the revenue growth rate and demonstrating margin expansion. The 22.3% increase in current liabilities alongside current asset growth of 13.3% warrants monitoring, though the strong cash position and reduced share buybacks ($20M to $15M) suggest prudent capital allocation during a growth phase.

FINANCIAL STATEMENT CHANGES
Cash & Equivalents
Balance Sheet
+31.9%
$1.1B$1.5B

Cash position surged 31.9% — strong cash generation or capital raise providing significant financial cushion.

Share Buybacks
Cash Flow
-25%
$20.0M$15.0M

Buyback activity reduced 25% — capital being redeployed elsewhere or cash conservation underway.

Current Liabilities
Balance Sheet
+22.3%
$2.3B$2.9B

Current liabilities rose 22.3% — increased short-term obligations, watch current ratio.

Operating Income
P&L
+21.2%
$1.0B$1.2B

Operating income improving — cost discipline or growing revenue base absorbing fixed costs.

Current Assets
Balance Sheet
+13.3%
$4.1B$4.6B

Current assets grew 13.3% — improving short-term liquidity or inventory/receivables build.

LANGUAGE CHANGES
NEW — 2026-02-25
PRIOR — 2025-03-03
ADDED
As of February 20, 2026, there were 243,141,405 outstanding shares of the registrant s common stock, par value $0.01 per share.
Our future financial condition, results of operations, and any forward-looking statements are subject to change and to inherent risks and uncertainties, many of which are beyond our control.
Forward-looking and other statements in this Report regarding our environmental and other sustainability efforts, plans and goals are not an indication that these statements are necessarily material to investors, to our business, operating results, financial condition, outlook, or strategy, to our impacts on sustainability matters or other parties, or are required to be disclosed in our filings with the SEC or other regulatory authorities, and are not intended to create legal rights or obligations.
In addition, historical, current, and forward-looking social, environmental and sustainability-related statements may be based on: standards for measuring progress that are still developing; internal controls and processes that continue to evolve, and assumptions that are subject to change in the future.
BUSINESS Business Overview Xylem is a leading global water technology company with 2025 revenues of $9.0 billion and approximately 22,000 employees worldwide.
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REMOVED
As of February 28, 2025, there were 243,046,226 outstanding shares of the registrant s common stock, par value $0.01 per share.
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.
Forward-looking and other statements in this Report regarding our environmental and other sustainability plans and goals are not an indication that these statements are necessarily material to investors, to our business, operating results, financial condition, outlook, or strategy, to our impacts on sustainability matters or other parties, or are required to be disclosed in our filings with the SEC.
In addition, historical, current, and forward-looking social, environmental and sustainability-related statements may be based on: standards for measuring progress that are still developing; internal controls and processes that continue to evolve; third-party data, review, representations, or certifications; information from acquired entities, which may be subject to ongoing review, may not yet or ever be integrated into our reporting processes, and may not be reconcilable with our processes; and assumptions that are subject to change in the future.
BUSINESS Business Overview Xylem is a leading global water technology company with 2024 revenues of $8.6 billion and approximately 23,000 employees worldwide.
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