Dover (NYSE:DOV) executives struck an upbeat tone on the company’s fourth-quarter 2025 earnings call, pointing to broad-based organic growth, accelerating bookings, and margin expansion as the company heads into 2026. Clean Energy & Fueling: Organic revenue grew 4% in the quarter, led by clean energy components and North American retail fueling software and equipment. Imaging & ID: Organic growth of 1% was driven by the core marking and coding business and serialization software. Organic growth of 1% was driven by the core marking and coding business and serialization software. Retail fueling: Tobin described a North American-driven retail fueling recovery and said the market may be entering the “early innings” of a new CapEx cycle after years of subdued spending.