Revvity (RVTY) Q2 2025 Financial Results Summary

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# Revvity Inc. (RVTY) Q2 2025 Financial Results Summary

Revvity, Inc. (NYSE: RVTY) released its financial results for the second quarter of 2025 on July 28, 2025.

## Financial Highlights

– **Revenue**:
– **Total**: $720 million, a **4% increase** compared to **$692 million** in Q2 2024.
– **Organic**: 3% growth versus the previous year.

– **Earnings per Share**:
– **GAAP EPS**: $0.46, up from **$0.45** in the same period last year.
– **Adjusted EPS from continuing operations**: $1.18, a decrease from **$1.22** in Q2 2024.

– **Operating Income**:
– **GAAP operating income** from continuing operations: $91 million, compared to **$86 million** in Q2 2024.
– **Adjusted operating income**: $192 million, down from **$199 million** year-over-year.

– **Operating Profit Margin**:
– **GAAP Operating Profit Margin**: 12.6%, slightly up from **12.4%** in the same quarter last year.
– **Adjusted Operating Profit Margin**: 26.6%, down from **28.8%** in Q2 2024.

## Segment Performance

### Life Sciences
– **Revenue**: $366 million, a **5% increase** from **$349 million** year-over-year.
– **Organic Revenue Growth**: 4% compared to last year.
– **Adjusted Operating Income**: $115 million, down from **$118 million** in Q2 2024.
– **Adjusted Operating Profit Margin**: 31.6%, decreased from **33.7%** in the same period last year.

### Diagnostics
– **Revenue**: $354 million, a **3% increase** from **$343 million** in Q2 2024.
– **Organic Revenue Growth**: 2%, as compared to last year.
– **Adjusted Operating Income**: $89 million, down from **$93 million** in Q2 2024.
– **Adjusted Operating Profit Margin**: 25.2%, lower than **27.0%** in Q2 2024.

## Guidance Updates

– **Full Year 2025 Revenue Guidance**: Updated to a range of **$2.84 to $2.88 billion**, with an estimate of **2% to 4% organic growth**.
– **Adjusted EPS Guidance**: Updated to a range of **$4.85 to $4.95**.

## Cash Flow Highlights

– **Net Income**: $53.9 million, slightly lower than **$55.4 million** in Q2 2024.
– **Cash, Cash Equivalents**: Totaled **$991.8 million** at the end of June 2025, down from **$1,163.4 million** at the end of December 2024.

## Shareholder Returns

– **Dividends**:
– A total of **$8.3 million** in dividends was declared, slightly down from **$8.6 million** in Q2 2024.

– **Repurchase**:
– The company repurchased **$293.9 million** in shares during the quarter.

## Additional Information

– Revvity’s financial results show a strong performance despite a slight decline in adjusted profitability and margins. The company remains confident about its future, bolstered by a robust pipeline of innovation and operational discipline.

– The performance review emphasizes commitment to delivering long-term value to shareholders while navigating the evolving market conditions.

This financial summary encapsulates the key figures from Revvity Inc.’s Q2 2025 report, demonstrating both strong growth metrics and some challenges relative to profitability.

Three Months Ended Six Months Ended
June 29, 2025 June 30, 2024 June 29, 2025 June 30, 2024
Revenue $720,284 $691,685 $1,385,046 $1,341,605
Cost of revenue 327,728 306,179 616,944 601,052
Selling, general and administrative expenses 248,526 251,650 498,245 512,221
Research and development expenses 53,270 48,132 106,867 98,492
Operating income from continuing operations 90,760 85,724 162,990 129,840
Interest income -8,345 -20,512 -18,426 -40,598
Interest expense 22,937 24,717 45,901 49,114
Change in fair value of investments 1,955 -7,777 -1,118 -6,971
Other expense, net 5,563 2,634 15,601 7,084
Income from continuing operations, before income taxes 68,650 86,662 121,032 121,211
Provision for income taxes 13,428 14,056 24,141 19,909
Income from continuing operations 55,222 72,606 96,891 101,302
Loss from discontinued operations -1,274 -17,246 -706 -19,929
Net income 53,948 55,360 96,185 81,373
Diluted earnings per share: Income from continuing operations 0.47 0.59 0.82 0.82
Loss from discontinued operations -0.01 -0.14 -0.01 -0.16
Net income 0.46 0.45 0.81 0.66
Weighted average diluted shares of common stock outstanding 117,538 123,477 118,882 123,494
June 29, 2025 December 29, 2024
Current assets:
Cash and cash equivalents 991,849 1,163,396
Accounts receivable, net 661,138 632,400
Inventories, net 388,467 367,587
Other current assets 194,729 186,225
Total current assets 2,236,183 2,349,608
Property, plant and equipment, net 499,026 482,217
Operating lease right-of-use assets, net 177,168 167,716
Intangible assets, net 2,514,368 2,640,921
Goodwill 6,614,989 6,463,619
Other assets, net 321,055 288,397
Total assets 12,362,789 12,392,478
Current liabilities:
Current portion of long-term debt 230 242
Accounts payable 178,151 167,463
Accrued expenses and other current liabilities 493,433 485,395
Total current liabilities 671,814 653,100
Long-term debt 3,214,324 3,150,476
Long-term liabilities 760,178 770,523
Operating lease liabilities 160,305 151,505
Total liabilities 4,806,621 4,725,604
Total stockholders’ equity 7,556,168 7,666,874
Total liabilities and stockholders’ equity 12,362,789 12,392,478