Filing Flows › Envista Holdings (NVST) › Q2 2025
Envista Holdings (NVST) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Envista Holdings (NVST) reported revenue of $682M for the second quarter 2025 (Q2 2025), +8% from a year earlier and +11% from the quarter before. Operating margin was 6.8%, net earnings $26.4M (3.9% of revenue).
Envista Holdings, Q2 2025: revenue $682M (+8% year over year), operating margin 6.8%, net earnings $26.4M, operating cash flow $88.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $682M | +11% | +8% |
| Gross profit | $370M | +10% | +13% |
| Operating profit | $46.3M | +19% | — |
| Net earnings | $26.4M | +47% | — |
| Operating cash flow | $88.7M | 296× | -5% |
| Free cash flow | $76.4M | — | -11% |
What changed
Revenue was $682.1M in Q2 2025, up 8% year over year and up 11% from the previous quarter. Specialty Products & Technologies was the largest line at 65% of revenue. Specialty Products & Technologies added $30.0M year over year (up 7%), 61% of the total change.
Gross margin was 54.2%, up 2.6 points from a year earlier. Operating profit was $46.3M, a 6.8% margin (up 189.0 points year over year). Operating expenses fell 78% while revenue rose 8%. The fastest-growing cost line was Research & development (+20%). Net earnings were $26.4M. The effective tax rate was 35.1%.
Operating cash flow was $88.7M (down 5% year over year), 336% of net earnings. Non-cash charges added back $29.8M of depreciation and amortization and $9.7M of share-based compensation. Working capital and other items added $22.8M. Capital expenditures of $12.3M left free cash flow of $76.4M.
Questions
What was Envista Holdings' revenue in the second quarter 2025?
Envista Holdings (NVST) reported revenue of $682M for the second quarter 2025 (Q2 2025), +8% from a year earlier and +11% from the quarter before.
Was Envista Holdings profitable in the second quarter 2025?
Operating profit was $46.3M (6.8% of revenue) and net earnings $26.4M.
Source: Envista Holdings 10-Q on SEC EDGAR.