Filing Flows › Envista Holdings (NVST) › Q4 2025
Envista Holdings (NVST) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 12, 2026
Envista Holdings (NVST) reported revenue of $751M for the fourth quarter 2025 (Q4 2025), +15% from a year earlier and +12% from the quarter before. Operating margin was 9.8%, net earnings $32.9M (4.4% of revenue).
Envista Holdings, Q4 2025: revenue $751M (+15% year over year), operating margin 9.8%, net earnings $32.9M, operating cash flow $108M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $751M | +12% | +15% |
| Gross profit | $411M | +11% | +10% |
| Operating profit | $73.3M | +27% | +59% |
| Net earnings | $32.9M | — | 27× |
| Operating cash flow | $108M | +37% | -18% |
| Free cash flow | $91.7M | +35% | -26% |
What changed
Revenue was $750.6M in Q4 2025, up 15% year over year and up 12% from the previous quarter. Specialty Products & Technologies was the largest line at 63% of revenue.
Gross margin was 54.7%, down 2.4 points from a year earlier. Operating profit was $73.3M, a 9.8% margin (up 2.7 points year over year). Of the extra revenue versus a year earlier, 28% reached operating profit, above the 7% margin then. Operating expenses grew 3% against revenue growth of 15%. The fastest-growing cost line was Research & development (+20%). Net earnings were $32.9M, up 2642% year over year. The effective tax rate was 42.9%.
Operating cash flow was $108.0M (down 18% year over year), 328% of net earnings. Non-cash charges added back $29.1M of depreciation and amortization and $10.4M of share-based compensation. Working capital and other items added $35.6M. Capital expenditures of $16.3M left free cash flow of $91.7M.
Questions
What was Envista Holdings' revenue in the fourth quarter 2025?
Envista Holdings (NVST) reported revenue of $751M for the fourth quarter 2025 (Q4 2025), +15% from a year earlier and +12% from the quarter before.
Was Envista Holdings profitable in the fourth quarter 2025?
Operating profit was $73.3M (9.8% of revenue) and net earnings $32.9M.
Source: Envista Holdings 10-K on SEC EDGAR.