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Side-by-side financial comparison of FLOWSERVE CORP (FLS) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.

FLOWSERVE CORP is the larger business by last-quarter revenue ($1.1B vs $1.0B, roughly 1.0× WESTERN ALLIANCE BANCORPORATION). WESTERN ALLIANCE BANCORPORATION runs the higher net margin — 18.6% vs 7.6%, a 10.9% gap on every dollar of revenue. On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs -6.7%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% CAGR vs -3.9%).

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to engineering and c...

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

FLS vs WAL — Head-to-Head

Bigger by revenue
FLS
FLS
1.0× larger
FLS
$1.1B
$1.0B
WAL
Growing faster (revenue YoY)
WAL
WAL
+37.6% gap
WAL
31.0%
-6.7%
FLS
Higher net margin
WAL
WAL
10.9% more per $
WAL
18.6%
7.6%
FLS
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
-3.9%
FLS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FLS
FLS
WAL
WAL
Revenue
$1.1B
$1.0B
Net Profit
$81.7M
$189.2M
Gross Margin
35.6%
Operating Margin
11.2%
Net Margin
7.6%
18.6%
Revenue YoY
-6.7%
31.0%
Net Profit YoY
10.5%
-5.0%
EPS (diluted)
$1.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLS
FLS
WAL
WAL
Q1 26
$1.1B
$1.0B
Q4 25
$1.2B
$980.9M
Q3 25
$1.2B
$938.2M
Q2 25
$1.2B
$845.9M
Q1 25
$1.1B
$778.0M
Q4 24
$1.2B
$838.4M
Q3 24
$1.1B
$823.1M
Q2 24
$1.2B
$771.8M
Net Profit
FLS
FLS
WAL
WAL
Q1 26
$81.7M
$189.2M
Q4 25
$-29.0M
$286.1M
Q3 25
$219.6M
$253.4M
Q2 25
$81.8M
$230.4M
Q1 25
$73.9M
$199.1M
Q4 24
$77.5M
$216.9M
Q3 24
$58.4M
$199.8M
Q2 24
$72.6M
$193.6M
Gross Margin
FLS
FLS
WAL
WAL
Q1 26
35.6%
Q4 25
34.8%
Q3 25
32.4%
Q2 25
34.2%
Q1 25
32.3%
Q4 24
31.5%
Q3 24
31.5%
Q2 24
31.6%
Operating Margin
FLS
FLS
WAL
WAL
Q1 26
11.2%
Q4 25
3.5%
36.3%
Q3 25
6.7%
33.4%
Q2 25
12.3%
34.4%
Q1 25
11.5%
31.7%
Q4 24
10.6%
30.9%
Q3 24
9.1%
30.6%
Q2 24
10.5%
32.1%
Net Margin
FLS
FLS
WAL
WAL
Q1 26
7.6%
18.6%
Q4 25
-2.4%
29.2%
Q3 25
18.7%
27.0%
Q2 25
6.9%
27.2%
Q1 25
6.5%
25.6%
Q4 24
6.6%
25.9%
Q3 24
5.2%
24.3%
Q2 24
6.3%
25.1%
EPS (diluted)
FLS
FLS
WAL
WAL
Q1 26
$1.65
Q4 25
$-0.21
$2.59
Q3 25
$1.67
$2.28
Q2 25
$0.62
$2.07
Q1 25
$0.56
$1.79
Q4 24
$0.59
$1.94
Q3 24
$0.44
$1.80
Q2 24
$0.55
$1.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLS
FLS
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
$792.4M
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$2.3B
$7.9B
Total Assets
$5.7B
$98.9B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLS
FLS
WAL
WAL
Q1 26
$792.4M
Q4 25
$760.2M
Q3 25
Q2 25
Q1 25
Q4 24
$675.4M
Q3 24
Q2 24
Total Debt
FLS
FLS
WAL
WAL
Q1 26
$4.3B
Q4 25
$1.6B
$1.4B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$1.6B
Q4 24
$1.5B
$2.4B
Q3 24
$1.4B
Q2 24
$436.0M
Stockholders' Equity
FLS
FLS
WAL
WAL
Q1 26
$2.3B
$7.9B
Q4 25
$2.2B
$7.7B
Q3 25
$2.3B
$7.4B
Q2 25
$2.2B
$7.1B
Q1 25
$2.1B
$6.9B
Q4 24
$2.0B
$6.7B
Q3 24
$2.1B
$6.7B
Q2 24
$2.0B
$6.3B
Total Assets
FLS
FLS
WAL
WAL
Q1 26
$5.7B
$98.9B
Q4 25
$5.7B
$92.8B
Q3 25
$5.8B
$91.0B
Q2 25
$5.7B
$86.7B
Q1 25
$5.5B
$83.0B
Q4 24
$5.5B
$80.9B
Q3 24
$5.3B
$80.1B
Q2 24
$5.2B
$80.6B
Debt / Equity
FLS
FLS
WAL
WAL
Q1 26
0.54×
Q4 25
0.72×
0.18×
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.23×
Q4 24
0.75×
0.36×
Q3 24
0.21×
Q2 24
0.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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