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Xylem Inc. 1 International Drive , Rye Brook N.Y. 10573 Tel +1.914.323.5700 Fax +1.914.323.5752 Exhibit 99.1 xylem Let's Solve Water Contacts : Media Houston Spencer +1 ( 914 ) 240-3046 Houston.Spencer@xylem.com Investors Matt Latino +1 ( 914 ) 323-5821 Matthew.Latino@xylem.com Xylem Reports Third Quarter 2021 Results • Orders growth of 22 % on a reported basis , 20 % organically , from strong underlying demand across segments • Revenue growth 4 % on a reported basis , 2 % organically • Net income as a percentage of revenue of 9.0 % , up 600 basis points ; adjusted EBITDA margin of 17.9 % , down 30 basis points • Reported net income of $ 114 million or $ 0.63 per share ; adjusted net income of $ 116 million or $ 0.63 per share • Lowers full - year organic revenue and earnings per share guidance to ranges of 3 % to 4 % , and $ 2.40 to $ 2.50 , respectively RYE BROOK , N.Y. , November 2 , 2021 - Xylem Inc. ( NYSE : XYL ) , a leading global water technology company dedicated to solving the world's most challenging water issues , today reported third quarter 2021 revenue of $ 1.27 billion . Revenues grew 4 percent on a reported basis , and 2 percent organically . Strong global demand was moderated by supply constraints slowing order - to - revenue conversion . Third quarter adjusted earnings before interest , tax , depreciation and amortization ( EBITDA ) margin decreased 30 basis points to 17.9 percent . Inflation and strategic investments were partially offset by productivity , price realization and cost containment . Xylem generated net income of $ 114 million , or $ 0.63 per share , and adjusted net income of $ 116 million , or $ 0.63 per share , which excludes the impact of restructuring , realignment and special charges . " Global demand for water solutions continues to be robust , across our business , ” said Patrick Decker , Xylem's president and CEO . " The team capitalized on that broad - based underlying demand , delivering strong growth in new orders and backlog in all segments . This positions us well to achieve our 2025 growth and strategic milestones , which we outlined at our investor day , last month . " " The team has done an outstanding job managing inflationary effects with productivity and cost discipline , delivering solid margin and earnings performance , " continued Decker . " Nevertheless , we foresee the global supply challenges continuing - particularly the chip shortages being experienced across the technology sector . While we expect strong demand to continue , nearer term supply constraints have slowed order - to - revenue conversion more than expected , leading us to moderate our view of full - year revenues and , therefore , earnings . " Updated Outlook Xylem now expects full - year organic revenue growth to be in the range of 3 to 4 percent , which would be approximately $ 5.1 to $ 5.2 billion on a reported basis . This represents a decrease from the