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

Revenue · Q2 2025
$682.1M
EX-99 · Jul 31, 2025
Free cash flow · Q2 2025
$71M
-46.6% -$62M vs year ago computed from stated figures
EX-99 · Jul 31, 2025
Net income · Q2 2025
$26M
EX-99 · Jul 31, 2025
Gross margin · Q2 2025
$369.9M
EX-99 · Jul 31, 2025

Headline figures

MetricQ2 2025Prior qtrYear ago
Net income$26 million——
EPS34%——
Free cash flow$71 million—$133 million
Revenue$682.1 million——
Gross margin$369.9 million——
Selling, general, and administrative$295.3 million——

EX-99 · Jul 31, 2025

Guidance · company-stated

Direction: Raised

Company outlook — 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.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin$369.9M

Cash flow & capex

Free cash flow$71M

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.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

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

Documents

Filings

30 documents

Earnings releases

9 documents

Presentations

0 documents

No presentations for Envista Holdings Corp are held in this edition of the library.

Transcripts

0 documents

No 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.