Filing Flows › Envista Holdings (NVST) › Q1 2025
Envista Holdings (NVST) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Envista Holdings (NVST) reported revenue of $617M for the first quarter 2025 (Q1 2025), -1% from a year earlier and -6% from the quarter before. Operating margin was 6.3%, net earnings $18.0M (2.9% of revenue).
Envista Holdings, Q1 2025: revenue $617M (-1% year over year), operating margin 6.3%, net earnings $18.0M, operating cash flow $300K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $617M | -6% | -1% |
| Gross profit | $336M | -10% | -6% |
| Operating profit | $39.0M | -15% | -19% |
| Net earnings | $18.0M | 15× | -24% |
| Operating cash flow | $300K | -100% | -99% |
What changed
Revenue was $616.9M in Q1 2025, down 1% year over year and down 6% from the previous quarter. Specialty Products & Technologies was the largest line at 65% of revenue. Specialty Products & Technologies lost $8.4M year over year (down 2%), 125% of the total change.
Gross margin was 54.5%, down 2.7 points from a year earlier. Operating profit was $39.0M, a 6.3% margin (down 1.4 points year over year). Operating expenses fell 4% while revenue fell 1%. Net earnings were $18.0M, down 24% year over year. The effective tax rate was 37.9%.
Operating cash flow was $300K (down 99% year over year), 2% of net earnings. Non-cash charges added back $27.9M of depreciation and amortization and $7.1M of share-based compensation. Working capital and other items used $52.7M. Capital expenditures of $5.9M exceeded it, leaving free cash flow of −$5.6M.
Questions
What was Envista Holdings' revenue in the first quarter 2025?
Envista Holdings (NVST) reported revenue of $617M for the first quarter 2025 (Q1 2025), -1% from a year earlier and -6% from the quarter before.
Was Envista Holdings profitable in the first quarter 2025?
Operating profit was $39.0M (6.3% of revenue) and net earnings $18.0M.
Source: Envista Holdings 10-Q on SEC EDGAR.