Filing Flows

Filing Flows › Health Care › Enovis (ENOV)

Enovis (ENOV) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Enovis (ENOV) Q3 2026 earnings results →

Q3 2026 Revenue up 2% year over year to $559M · 1¢ of every $1 of revenue kept as net profit · operating margin 0.6%

Enovis made $559M in Q3 2026 (+2% Y/Y): Prevention & Recovery $285M, Reconstructive $273M. Operating margin 0.6%, net earnings $3.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.

Revenue$559M
Year over year+2%
Operating margin0.6%
Net earnings$3.4M
Operating cash flow$71.5M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $558.7M in Q3 2026, up 2% year over year and down 4% from the previous quarter. Prevention & Recovery was the largest line at 51% of revenue. Reconstructive added $15.4M year over year (up 6%), 156% of the total change. Prevention & Recovery declined 2%.

Gross margin was 60.8%, up 0.9 points from Q3 2025. Operating profit was $3.4M, a 0.6% margin (up 102.3 points year over year). Operating expenses fell 62% while revenue rose 2%. Net earnings were $3.1M. The effective tax rate was -96.6%.

Operating cash flow was $71.5M (down 13% year over year), 2092% of net income including minority interests. Non-cash charges added back $73.5M of depreciation and amortization and $7.8M of share-based compensation. Working capital and other items used $13.2M. Capital expenditures of $36.5M left free cash flow of $35.0M.

Quarterly history

Enovis revenue by quarterEnovis revenue by quarter$559MQ1 2025$565MQ2 2025$549MQ3 2025$576MQ4 2025$589MQ1 2026$583MQ2 2026$559MQ3 2026
Enovis net earnings by quarterEnovis net earnings by quarter−$55.7MQ1 2025−$36.5MQ2 2025−$571MQ3 2025−$520MQ4 2025−$8.4MQ1 2026−$1.0MQ2 2026$3.4MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 5, 2026$559M+2%0.6%$3.4M$71.5M
Q2 202610-QAug 6, 2026$583M+3%3.0%−$1.0M$75.0M
Q1 202610-QMay 7, 2026$589M+5%1.1%−$8.4M$24.0M
Q4 202510-KFeb 26, 2026$576M+3%-87.2%−$520M$88.5M
Q3 202510-QNov 6, 2025$549M+9%-101.7%−$571M$82.6M
Q2 202510-QAug 7, 2025$565M+8%-3.0%−$36.5M$47.8M
Q1 202510-QMay 8, 2025$559M+8%-8.4%−$55.7M−$1.6M

Charts

Enovis: revenue growth, year over year and quarter over quarterEnovis: revenue growth, year over year and quarter over quarterY/YQ/Q+8%Q1 2025+8%+1%Q2 2025+9%-3%Q3 2025+3%+5%Q4 2025+5%+2%Q1 2026+3%-1%Q2 2026+2%-4%Q3 2026
Latest (Q3 2026): Y/Y +2%, Q/Q -4%.
Enovis: where the cash came from (+) and went (−), TTM to Q3 2026Enovis: where the cash came from (+) and went (−), TTM to Q3 2026Other financing−$295MOperating cash flow$259MCapital spending−$189MNet borrowing (+) / repaid (−)$169MOther investing$40.0MCash drawn (+) / kept (−)$20.6MAcquisitions−$4.1MNot reconciled−$37K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Enovis: profit against cash, quarter by quarterEnovis: profit against cash, quarter by quarterNet incomeOperating cash flow−$703M$88.3MQ4 2024−$55.7M−$1.6MQ1 2025−$36.5M$47.8MQ2 2025−$571M$82.6MQ3 2025−$520M$88.5MQ4 2025−$8.4M$24.0MQ1 2026−$1.0M$75.0MQ2 2026$3.4M$71.5MQ3 2026
Latest (Q3 2026): Net income $3.4M, Operating cash flow $71.5M.
Enovis: diluted shares by fiscal yearEnovis: diluted shares by fiscal year46MFY202051MFY202154MFY202254MFY202355MFY202457MFY2025
+25.2% since FY2020: more shares outstanding (issuance, stock pay).
Enovis: long-term debt falling due (FY2025)Enovis: long-term debt falling due (FY2025)$35.0M2026$35.0M2027$495M2028$35.0M2029$708M2030
Cash $36.4M, short-term investments —, long-term debt $1.3B at 2025-12-31.
Enovis in its industry: growth against margin (21 companies, SIC 3842)Enovis in its industry: growth against margin (21 companies, SIC 3842)revenue growth, year over year →↑ operating marginmedian +12%median -4%ISRGZBHEWSTEALGNMSACDREINGNESTALAKESMTIAPTMYOLFWDLGMKMLSSAVRNTRBFEEDCOCHENOV (+2%, 1%)
Orthopedic, Prosthetic & Surgical Appliances & Supplies; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About Enovis

Enovis Corporation (the “Company”, “Enovis”, “we” or “us”) is a medical technology company focused on developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows by manufacturing, and distributing high-quality medical devices with a broad range of products used for reconstructive surgery, rehabilitation, pain management and physical therapy. Our products address the continuum of patient care from injury prevention to rehabilitation after surgery or injury or from degenerative disease, enabling people to regain or maintain their natural motion. We seek to leverage our Enovis Growth Excellence business system (“EGX”), a set of tools, processes, and culture, to continuously improve our ability to enable great patient outcomes and to drive and fuel growth.

In its own words, from its 10-K, filed Feb 26, 2026.

Enovis against its Orthopedic, Prosthetic & Surgical Appliances & Supplies peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +2% against the peers' median +9%. Operating margin: 0.6% against the peers' median 16.4%.

CompanyQuarterRevenueY/YOp. margin
ENOV EnovisQ3 2026$559M+2%0.6%
ISRG Intuitive SurgicalQ3 2026$3.0B+22%19.4%
ZBH Zimmer Biomet HoldingsQ3 2026$2.1B+3%14.9%
EW Edwards LifesciencesQ3 2026$1.7B+10%17.4%
STE SterisQ2 FY27$1.6B+9%18.5%
ALGN Align TechnologyQ3 2026$1.0B+2%16.7%
MSA MSA SafetyQ3 2026$536M+14%16.4%
CDRE Cadre HoldingsQ3 2026$203M+30%14.0%
INGN InogenQ2 2026$95.1M+3%-5.4%

Source: Enovis 10-Q on SEC EDGAR · CIK 1420800 · Orthopedic, Prosthetic & Surgical Appliances & Supplies

Guidance and outlook

Enovis: what its forward-looking statements are about (10-Q filed 2026-11-05)Enovis: what its forward-looking statements are about (10-Q filed 2026-11-05)Other2Costs2Deals1Buybacks & dividends1
6 statements; tone +0.33 (−1 all cautious, +1 all confident); 1 hedged.
Enovis: outlook statements against the filing beforeEnovis: outlook statements against the filing beforeConfident2

13F: who owns ENOV and who is buying

Largest holders of ENOV (13F)Largest holders of ENOV (13F)BlackRock$213MVanguard Group$172MAmerican Century Companies$126MVanguard Portfolio Management LLC$81.3MRubric Capital Management LP$80.7MVanguard Capital Management LLC$51.4MState Street$51.0MHood River Capital Management LLC$47.6MFMR LLC$45.7MGoldman Sachs Group$36.7M
Funds' net buying of ENOV by quarter (13F)Funds' net buying of ENOV by quarter (13F)−$40.6M2024-09−$29.8M2024-12$144M2025-03$96.8M2025-06−$99.5M2025-09$28.2M2025-12−$15.9M2026-03$95.4M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on ENOV

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

Compare ENOV with

中文版:Enovis(ENOV)财报

Español · Français