Inferra AI / Company / NVST
Envista Holdings Corp
NVST · Health Care
Last earnings Aug 5, 2026
Key results
Net incomequarter
$26 million
Net Income was $26 million, with adjusted EBITDA of $84 million (+34% year-on-year) and adjusted EBITDA margin of 12.4% (+240 bps year-on-year) EPS of $0.16 and adjusted EPS of $0.26 (+136% year-on-year) H1 2025 highlights Sales were $1,299 million, with core sales growth of 2.9% over the first half of 2024
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
EPSquarter
34%
Net Income was $26 million, with adjusted EBITDA of $84 million (+34% year-on-year) and adjusted EBITDA margin of 12.4% (+240 bps year-on-year) EPS of $0.16 and adjusted EPS of $0.26 (+136% year-on-year) H1 2025 highlights Sales were $1,299 million, with core sales growth of 2.9% over the first half of 2024
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Net income was $44 million, with adjusted EBITDA of $163 million (+9% year-on-year) and adjusted EBITDA margin of 12.6% (+60 bps year-on-year) EPS of $0.26 and adjusted EPS of $0.50 (+35% year-on-year)
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Free cash flowquarter
$71 million
free cash flow was $71 million, compared to $133 million and $116 million in the first half of 2024, respectively.
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Revenuequarter
$682.1 million
Sales $ 682.1 $ 633.1 $ 1,299.0 $ 1,256.7
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Gross marginquarter
$369.9 million
Gross profit 369.9 326.6 705.9 682.9
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Selling, general, and administrativequarter
$295.3 million
Selling, general and administrative 295.3 302.5 567.0 587.4
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
AI analysis
Q2 2025 · reported Jul 31, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $26 million | — | — |
| EPS | 34% | — | — |
| Free cash flow | $71 million | — | $133 million |
| Revenue | $682.1 million | — | — |
| Gross margin | $369.9 million | — | — |
| Selling, general, and administrative | $295.3 million | — | — |
Guidance · company-stated
Direction: Raised
“Based on the first half momentum and results, we are raising our full year guidance for 2025.”
Classified from the release's primary full-year outlook statement.
Margin
Cash flow & capex
Capital allocation
Share repurchases During the quarter ended June 27, 2025, we repurchased 4.8 million shares for approximately $82 million.
At the end of the quarter, we had $150 million remaining repurchase capacity under our stock repurchase program.
Event summary
Based on the first half momentum and results, we are raising our full year guidance for 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Raised
Company outlook — Raised (“raising”)
“Based on the first half momentum and results, we are raising our full year guidance for 2025.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Share repurchases During the quarter ended June 27, 2025, we repurchased 4.8 million shares for approximately $82 million.
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
At the end of the quarter, we had $150 million remaining repurchase capacity under our stock repurchase program.
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
I The Company was in a net loss position for the three and six months ended June 28, 2024, therefore no shares reserved for issuance upon exercise of stock options, vesting of restricted stock and performance stock units or assumed conversion of the convertible senior notes due 2025 were included in the computation of diluted loss per share as their inclusion would have been anti-dilutive.
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
However, given that the adjustments noted in footnotes A-H resulted in adjusted net income for the three and six months ended June 28, 2024, the dilutive impact of stock options, restricted stock and performance stock units and assumed conversion of the convertible senior secured notes due 2025 are being included to arrive at adjusted diluted shares outstanding.
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
A limitation of free cash flow is that it does not take into account the Company s debt service requirements and other non-discretionary expenditures, and as a result the entire Free Cash Flow amount is not necessarily available for discretionary expenditures.
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
With respect to the FCF Measure, we adjust for payments for additions to property, plant and equipment (net of the proceeds from capital disposals) to arrive at the amount of operating cash flow for the period that remains after accounting for the Company s capital expenditure requirements.
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Strategy & priorities
Discontinued brands or products consist of those which Envista (1) is no longer manufacturing, (2) is no longer investing in the research or development of, and (3) expects to discontinue all significant sales within one year from the decision date to discontinue.
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
In addition, Adjusted EBITDA is used in connection with operating decisions, strategic planning, annual budgeting, evaluating Company performance and comparing operating results with historical periods and with industry peer companies and 14 with respect to Free Cash Flow (the FCF Measure ), understand Envista s ability to generate cash without external financings, in order to invest and grow its business through acquisitions and other strategic opportunities.
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Goodwill recognized was primarily attributable to expected operating efficiencies and expansion opportunities in the business acquired.
SEC original ↗Envista Holdings Corp — 10-Q Quarterly report10-QAug 5, 2026
This hierarchy prioritizes the inputs into three broad levels as follows: Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2 inputs are quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets in markets that are not active, or other observable characteristics for the asset or liability, including interest rates, yield curves and credit risks, or inputs that are derived principally from, or corroborated by, observable market data through correlation; and Level 3 inputs are unobservable inputs based on the Company s assumptions.
SEC original ↗Envista Holdings Corp — 10-Q Quarterly report10-QAug 5, 2026
RESTRUCTURING ACTIVITIES AND RELATED IMPAIRMENTS Restructuring Activities The Company s restructuring activities are undertaken as necessary to implement management s strategy, streamline operations, take advantage of available capacity and resources, and ultimately achieve net cost reductions.
SEC original ↗Envista Holdings Corp — 10-Q Quarterly report10-QAug 5, 2026
Risks & headwinds
D Represents the settlement of certain litigation matters.
SEC original ↗Envista Holdings Corp — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Legal Proceedings 37 Item 1A.
SEC original ↗Envista Holdings Corp — 10-Q Quarterly report10-QAug 5, 2026
The factors used by management in its credit loss analysis are inherently subject to uncertainty.
SEC original ↗Envista Holdings Corp — 10-Q Quarterly report10-QAug 5, 2026
LITIGATION AND CONTINGENCIES The Company records accruals for loss contingencies associated with legal matters when it is probable that a liability will be incurred, and the amount of the loss can be reasonably estimated.
SEC original ↗Envista Holdings Corp — 10-Q Quarterly report10-QAug 5, 2026
For litigation matters that the Company has determined are both probable and can be reasonably estimated, the Company has accrued $ 26.3 million and $ 25.8 million as of July 3, 2026 and December 31, 2025, respectively, which are included in accrued expenses and other liabilities in the Condensed Consolidated Balance Sheets.
SEC original ↗Envista Holdings Corp — 10-Q Quarterly report10-QAug 5, 2026
Amounts accrued for legal contingencies often result from a complex series of judgments about future events and uncertainties that rely heavily on estimates and assumptions including timing of related payments.
SEC original ↗Envista Holdings Corp — 10-Q Quarterly report10-QAug 5, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q2 2026
- 8-KNVST
Sep 17, 2026
- 8-KNVST
Aug 19, 2026
- 8-KNVST
Aug 5, 2026
- 10-QNVST
- Q1 2026
- 8-KNVST
Jun 3, 2026
- 8-KNVST
May 21, 2026
- 8-KNVST
May 6, 2026
- 10-QNVST
- Q4 2025
- 10-KNVST
Feb 12, 2026
- 8-KNVST
Feb 5, 2026
- Q3 2025
- 10-QNVST
Oct 30, 2025
- 8-KNVST
Oct 29, 2025
- 8-KNVST
Oct 29, 2025
- Q2 2025
- 8-KNVST
Sep 17, 2025
- 8-KNVST
Jul 31, 2025
- 10-QNVST
Jul 31, 2025
- 8-KNVST
Jul 16, 2025
- Q1 2025
- 8-KNVST
Jun 12, 2025
- 8-KNVST
May 1, 2025
- 10-QNVST
- Q4 2024
- 10-KNVST
Feb 13, 2025
- 8-KNVST
Feb 5, 2025
- 8-KNVST
Feb 5, 2025
- Q3 2024
- 8-KNVST
Nov 20, 2024
- 8-KNVST
Oct 30, 2024
- 10-QNVST
Oct 30, 2024
- Q2 2024
- 8-KNVST
Aug 7, 2024
- 10-QNVST
- 8-KNVST
Jul 15, 2024
- Q1 2024
- 8-KNVST
May 30, 2024
Earnings releases
9 documentsPresentations
0 documentsNo presentations for Envista Holdings Corp are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Envista Holdings Corp are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.