Filing Flows › LivaNova (LIVN) › Q2 2026
LivaNova (LIVN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
LivaNova (LIVN) reported revenue of $391M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +8% from the quarter before. Operating margin was 12.7%, net earnings $109M (27.8% of revenue).
LivaNova, Q2 2026: revenue $391M (+11% year over year), operating margin 12.7%, net earnings $109M, operating cash flow $66.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $391M | +8% | +11% |
| Gross profit | $274M | +12% | +15% |
| Operating profit | $49.5M | +19% | -9% |
| Net earnings | $109M | +387% | +300% |
| Operating cash flow | $66.6M | +338% | +6% |
| Free cash flow | $45.5M | — | — |
What changed
Revenue was $390.6M in Q2 2026, up 11% year over year and up 8% from the previous quarter.
Gross margin was 70.1%, up 2.3 points from Q2 2025. Operating profit was $49.5M, a 12.7% margin (down 2.7 points year over year). Operating profit fell $4.7M even though revenue rose $38.1M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 21% against revenue growth of 11%. The fastest-growing cost line was SG&A (+15%). Net earnings were $108.6M, up 300% year over year. The tax line was a benefit of $90.2M on pre-tax earnings of $18.5M.
Operating cash flow was $66.6M (up 6% year over year), 61% of net earnings. Non-cash charges added back $15.4M of depreciation and amortization and $16.9M of share-based compensation. Working capital and other items used $74.3M. After purchases of property, plant, and equipment, net ($20.9M) and dividends received from investments ($200K), adjusted free cash flow as the company reports it was $45.5M.
Questions
What was LivaNova's revenue in the second quarter 2026?
LivaNova (LIVN) reported revenue of $391M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +8% from the quarter before.
Was LivaNova profitable in the second quarter 2026?
Operating profit was $49.5M (12.7% of revenue) and net earnings $109M.
Source: LivaNova 10-Q on SEC EDGAR.