Xylem narrowed its full-year 2026 organic revenue growth guidance to 2% to 3%, citing near-term electric metering project delays in its Measurement & Control Solutions segment. Data center revenue is projected to increase approximately 200% in 2026, exiting the year at roughly 2% of total company revenue. The company reported a 150 basis point EBITDA margin expansion driven by operational discipline and 80/20 simplification efforts, while its total backlog stood at $5.3 billion. Performance in China declined 27% as Xylem selectively walked away from lower-quality business amid broader economic headwinds. Management expects a strong exit to the year with mid-single-digit organic growth in the fourth quarter, building momentum for fiscal 2027.
Xylem IncNear-term electric metering project delays in Measurement & Control Solutions segment
NVIDIA Corporation