Filing Flows › LivaNova (LIVN) › Q3 2026
LivaNova (LIVN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
LivaNova (LIVN) reported revenue of $393M for the third quarter 2026 (Q3 2026), +10% from a year earlier and +0.7% from the quarter before. Operating margin was 7.2%, net earnings $34.3M (8.7% of revenue).
LivaNova, Q3 2026: revenue $393M (+10% year over year), operating margin 7.2%, net earnings $34.3M, operating cash flow $73.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $393M | +0.7% | +10% |
| Gross profit | $265M | -3% | +8% |
| Operating profit | $28.4M | -43% | -47% |
| Net earnings | $34.3M | -68% | +28% |
| Operating cash flow | $73.7M | +11% | -13% |
| Free cash flow | $55.8M | — | — |
What changed
Revenue was $393.1M in Q3 2026, up 10% year over year and up 1% from the previous quarter.
Gross margin was 67.4%, down 1.0 points from Q3 2025. Operating profit was $28.4M, a 7.2% margin (down 7.9 points year over year). Operating profit fell $25.6M even though revenue rose $35.4M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 24% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+808%). Net earnings were $34.3M, up 28% year over year. The effective tax rate was 26.5%. Non-operating items added $18.3M, 39% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $73.7M (down 13% year over year), 215% of net earnings. Non-cash charges added back $15.5M of depreciation and amortization and $14.6M of share-based compensation. Working capital and other items added $9.3M. After purchases of property, plant, and equipment, net ($17.9M), adjusted free cash flow as the company reports it was $55.8M.
Questions
What was LivaNova's revenue in the third quarter 2026?
LivaNova (LIVN) reported revenue of $393M for the third quarter 2026 (Q3 2026), +10% from a year earlier and +0.7% from the quarter before.
Was LivaNova profitable in the third quarter 2026?
Operating profit was $28.4M (7.2% of revenue) and net earnings $34.3M.
Source: LivaNova 10-Q on SEC EDGAR.