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Revvity Announces Financial Results for the Fourth Quarter and Full Year of 2025

Revvity, Inc. (NYSE: RVTY) today reported financial results for the fourth quarter and full year ended December 28, 2025.

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Fourth Quarter 2025

The Company reported GAAP earnings per share of $0.87, as compared to $0.78 in the same period a year ago. Revenue for the quarter was $772 million, as compared to $729 million in the same period a year ago. GAAP operating income from continuing operations for the quarter was $112 million, as compared to $119 million for the same period a year ago. GAAP operating profit margin from continuing operations was 14.5% as a percentage of revenue, as compared to 16.3% in the same period a year ago.

Adjusted earnings per share from continuing operations for the quarter was $1.70, as compared to $1.42 in the same period a year ago. Adjusted operating income was $229 million, as compared to $221 million for the same period a year ago. Adjusted operating profit margin was 29.7% as a percentage of revenue, as compared to 30.3% in the same period a year ago.

Full Year 2025

The Company reported GAAP earnings per share of $2.07 in 2025, as compared to $2.20 in 2024. Revenue for the year was $2,856 million, as compared to $2,755 million in 2024. GAAP operating income from continuing operations for the year was $357 million, as compared to $347 million for 2024. GAAP operating profit margin from continuing operations for the year was 12.5% as a percentage of revenue, as compared to 12.6% in 2024.

Adjusted earnings per share from continuing operations for the year was $5.06, as compared to $4.90 in 2024. Adjusted operating income for the year was $773 million, as compared to $779 million in 2024. Adjusted operating profit margin for the year was 27.1% as a percentage of revenue, as compared to 28.3% in 2024.

Adjustments for the Company’s non-GAAP financial measures have been noted in the attached reconciliations.

"We finished 2025 on a strong note by delivering results that were solidly ahead of our expectations," said Prahlad Singh, president and chief executive officer of Revvity. "Our portfolio transformation over the past few years positions us well to capitalize on improving end market conditions and deliver differentiated results in the years to come."

Financial Overview by Reporting Segment for the Fourth Quarter and Full Year 2025

Life Sciences

  • Fourth quarter 2025 revenue was $382 million, as compared to $375 million in the same period a year ago. Revenue increased 2% and organic revenue was flat as compared to the same period a year ago.
  • Full year 2025 revenue was $1,431 million, as compared to $1,399 million in 2024. Revenue increased 2% and organic revenue increased 2% as compared to the same period a year ago.
  • Fourth quarter 2025 adjusted operating income was $136 million, as compared to $138 million in the same period a year ago. Adjusted operating profit margin was 35.6% as a percentage of revenue, as compared to 36.9% in the same period a year ago.
  • Full year 2025 adjusted operating income was $458 million, as compared to $467 million in 2024. Adjusted operating profit margin was 32.0% as a percentage of revenue, as compared to 33.4% in 2024.

Diagnostics

  • Fourth quarter 2025 revenue was $390 million, as compared to $355 million in the same period a year ago. Revenue increased 10% and organic revenue increased 7% as compared to the same period a year ago.
  • Full year 2025 revenue was $1,425 million, as compared to $1,356 million in 2024. Revenue increased 5% and organic revenue increased 4% as compared to the same period a year ago.
  • Fourth quarter 2025 adjusted operating income was $91 million, as compared to $91 million in the same period a year ago. Adjusted operating profit margin was 23.4% as a percentage of revenue, as compared to 25.7% in the same period a year ago.
  • Full year 2025 adjusted operating income was $344 million, as compared to $354 million in 2024. Adjusted operating profit margin was 24.2% as a percentage of revenue, as compared to 26.1% in 2024.

Initiates Full Year 2026 Guidance

For the full year 2026, the Company forecasts total revenue of $2.96-$2.99 billion, organic revenue growth of 2-3%, and adjusted earnings per share of $5.35-$5.45.

Guidance for the full year 2026 for organic revenue growth and adjusted EPS is provided on a non-GAAP basis and cannot be reconciled to the closest GAAP measures without unreasonable effort due to the unpredictability of the amounts and timing of events affecting the items the Company excludes from these non-GAAP measures. The timing and amounts of such events and items could be material to the Company’s results prepared in accordance with GAAP.

Webcast Information

The Company will discuss its fourth quarter and full year 2025 results and its outlook for business trends during a webcast on February 2, 2026, at 8:00 a.m. Eastern Time. A live audio webcast and presentation will be available on the Investors section of the Company’s website, ir.revvity.com.

Use of Non-GAAP Financial Measures

In addition to financial measures prepared in accordance with generally accepted accounting principles (GAAP), this earnings announcement also contains non-GAAP financial measures. The reasons that we use these measures, a reconciliation of these measures to the most directly comparable GAAP measures, and other information relating to these measures are included below following our GAAP financial statements.

Factors Affecting Future Performance

This press release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to estimates and projections of future earnings per share, cash flow and revenue growth and other financial results, developments relating to our customers and end-markets, and plans concerning business development opportunities, acquisitions and divestitures. Words such as “believes”, “intends”, “anticipates”, “plans”, “expects”, “estimates”, “projects”, “forecasts”, “will” and similar expressions, and references to guidance, are intended to identify forward-looking statements. Such statements are based on management's current assumptions and expectations and no assurances can be given that our assumptions or expectations will prove to be correct. A number of important risk factors could cause actual results to differ materially from the results described, implied or projected in any forward-looking statements. These factors include, without limitation: (1) markets into which we sell our products declining or not growing as anticipated; (2) fluctuations in the global economic and political environments, including as the result of recently implemented and recently threatened tariff increases; (3) our failure to introduce new products in a timely manner; (4) our ability to execute acquisitions and divestitures, license technologies, or to successfully integrate acquired businesses or licensed technologies into our existing businesses or to make them profitable; (5) our ability to compete effectively; (6) fluctuation in our quarterly operating results and our ability to adjust our operations to address unexpected changes; (7) significant disruption in third-party package delivery and import/export services or significant increases in prices for those services; (8) disruptions in the supply of raw materials and supplies; (9) our ability to retain key personnel; (10) significant disruption in our information technology systems, or cybercrime; (11) our ability to realize the full value of our intangible assets; (12) our failure to adequately protect our intellectual property; (13) the loss of any of our licenses or licensed rights; (14) the manufacture and sale of products exposing us to product liability claims; (15) our failure to maintain compliance with applicable government regulations; (16) our failure to comply with data privacy and information security laws and regulations; (17) regulatory changes; (18) our failure to comply with healthcare industry regulations; (19) economic, political and other risks associated with foreign operations; (20) our ability to obtain future financing; (21) restrictions in our credit agreements; (22) significant fluctuations in our stock price; (23) reduction or elimination of dividends on our common stock; and (24) other factors which we describe under the caption “Risk Factors” in our most recent quarterly report on Form 10-Q and in our other filings with the Securities and Exchange Commission. We disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.

About Revvity

At Revvity, “impossible” is inspiration, and “can’t be done” is a call to action. Revvity provides health science solutions, technologies, expertise and services that deliver complete workflows from discovery to development, and diagnosis to cure. Revvity is revolutionizing what’s possible in healthcare, with specialized focus areas in translational multi-omics technologies, biomarker identification, imaging, prediction, screening, detection and diagnosis, informatics and more.

With 2025 revenue of $2.9 billion and approximately 11,000 employees, Revvity serves customers across pharmaceutical and biotech, diagnostic labs, academia and governments. It is part of the S&P 500 index and has customers in more than 160 countries.

Stay updated by following our Newsroom, LinkedIn, X, YouTube, Facebook and Instagram.

 

Revvity, Inc. and Subsidiaries

CONDENSED CONSOLIDATED INCOME STATEMENTS

 

 

 

Three Months Ended

 

Twelve Months Ended

(In thousands, except per share data)

 

December 28,
2025

 

December 29,
2024

 

December 28,
2025

 

December 29,
2024

 

 

 

 

 

 

 

 

 

Revenue

 

772,056

 

 

729,372

 

 

2,856,051

 

 

2,755,026

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

 

350,397

 

 

 

317,082

 

 

 

1,291,686

 

 

 

1,217,367

 

Selling, general and administrative expenses

 

 

251,734

 

 

 

244,332

 

 

 

991,890

 

 

 

994,074

 

Research and development expenses

 

 

58,176

 

 

 

49,208

 

 

 

215,840

 

 

 

196,844

 

 

 

 

 

 

 

 

 

 

Operating income from continuing operations

 

 

111,749

 

 

 

118,750

 

 

 

356,635

 

 

 

346,741

 

 

 

 

 

 

 

 

 

 

Interest income

 

 

(5,752

 

 

(9,828

 

 

(31,103

 

 

(73,190

Interest expense

 

 

23,513

 

 

 

22,781

 

 

 

92,185

 

 

 

96,278

 

Change in fair value of investments

 

 

7,972

 

 

 

6,017

 

 

 

11,456

 

 

 

(7,958

Other (income) expense, net

 

 

(5,544

 

 

5,222

 

 

 

15,820

 

 

 

15,485

 

 

 

 

 

 

 

 

 

 

Income from continuing operations, before income taxes

 

 

91,560

 

 

 

94,558

 

 

 

268,277

 

 

 

316,126

 

 

 

 

 

 

 

 

 

 

(Benefit from) provision for income taxes

 

 

(4,211

 

 

6,175

 

 

 

28,394

 

 

 

33,055

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

 

95,771

 

 

 

88,383

 

 

 

239,883

 

 

 

283,071

 

 

 

 

 

 

 

 

 

 

Income (loss) from discontinued operations

 

 

2,593

 

 

 

6,262

 

 

 

1,318

 

 

 

(12,686

 

 

 

 

 

 

 

 

 

Net income

 

$

98,364

 

 

$

94,645

 

 

$

241,201

 

 

$

270,385

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

0.85

 

 

0.73

 

 

2.06

 

 

2.30

 

 

 

 

 

 

 

 

 

 

Income (loss) from discontinued operations

 

 

0.02

 

 

 

0.05

 

 

 

0.01

 

 

 

(0.10

 

 

 

 

 

 

 

 

 

Net income

 

0.87

 

 

0.78

 

 

2.07

 

 

2.20

 

 

 

 

 

 

 

 

 

 

Weighted average diluted shares of common stock outstanding

 

 

113,214

 

 

 

121,581

 

 

 

116,595

 

 

 

122,822

 

 

 

 

 

 

 

 

 

 

ABOVE PREPARED IN ACCORDANCE WITH GAAP

 

 

 

 

 

 

 

 

 

Additional supplemental information(1):

 

 

 

 

 

 

 

 

(per share, continuing operations)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GAAP EPS from continuing operations

 

0.85

 

 

0.73

 

 

2.06

 

 

2.30

 

Amortization of intangible assets

 

 

0.74

 

 

 

0.72

 

 

 

2.88

 

 

 

2.93

 

Purchase accounting adjustments

 

 

(0.01

 

 

(0.06

 

 

0.01

 

 

 

(0.00

Acquisition and divestiture-related costs

 

 

0.01

 

 

 

0.03

 

 

 

0.03

 

 

 

0.16

 

Transformation costs

 

 

0.03

 

 

 

 

 

 

0.08

 

 

 

 

Change in fair value of investments

 

 

0.07

 

 

 

0.05

 

 

 

0.10

 

 

 

(0.06

Asset impairment

 

 

 

 

 

0.19

 

 

 

 

 

 

0.19

 

Significant litigation matters and settlements

 

 

 

 

 

0.01

 

 

 

0.10

 

 

 

0.06

 

Significant environmental matters

 

 

 

 

 

 

 

 

(0.01

 

 

 

Mark to market on postretirement benefits

 

 

(0.10

 

 

0.01

 

 

 

(0.05

 

 

0.01

 

Restructuring and other, net

 

 

0.28

 

 

 

(0.04

 

 

0.48

 

 

 

0.14

 

Tax on above items

 

 

(0.19

 

 

(0.21

 

 

(0.69

 

 

(0.83

Significant tax items

 

 

0.04

 

 

 

 

 

 

0.07

 

 

 

 

Adjusted EPS from continuing operations

 

$

1.70

 

 

$

1.42

 

 

$

5.06

 

 

$

4.90

 

 

 

 

 

 

 

 

 

 

(1) amounts may not sum due to rounding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revvity, Inc. and Subsidiaries

REVENUE AND OPERATING INCOME (LOSS)

 

 

 

Three Months Ended

 

Twelve Months Ended

(In thousands, except percentages)

 

December 28,
2025

 

December 29,
2024

 

December 28,
2025

 

December 29,
2024

 

 

 

 

 

 

 

 

 

Revenue and adjusted operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

772,056

 

 

729,372

 

 

2,856,051

 

 

2,755,026

 

 

 

 

 

 

 

 

 

 

Reported operating income from continuing operations

 

111,749

 

 

118,750

 

 

356,635

 

 

346,741

 

OP%

 

 

14.5

%

 

 

16.3

%

 

 

12.5

%

 

 

12.6

%

Amortization of intangible assets

 

 

83,523

 

 

 

87,876

 

 

 

335,586

 

 

 

359,376

 

Purchase accounting adjustments

 

 

(1,101

 

 

(7,427

 

 

1,248

 

 

 

(79

Acquisition and divestiture-related costs

 

 

833

 

 

 

3,264

 

 

 

3,783

 

 

 

25,379

 

Transformation costs

 

 

3,054

 

 

 

 

 

 

9,280

 

 

 

 

Asset impairment

 

 

 

 

 

22,814

 

 

 

 

 

 

22,814

 

Significant litigation matters and settlements

 

 

(267

 

 

689

 

 

 

12,228

 

 

 

7,775

 

Significant environmental matters

 

 

 

 

 

 

 

 

(1,208

 

 

 

Restructuring and other, net

 

 

31,564

 

 

 

(4,665

 

 

55,932

 

 

 

17,454

 

Adjusted operating income

 

229,355

 

 

221,301

 

 

773,484

 

 

779,460

 

OP%

 

 

29.7

%

 

 

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