Envista Holdings Corporation (NVST) Income Statement
NVST 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNVST revenue and net income
Where NVST's revenue goes
2025Each bar shows an amount and its share of revenue. NVST kept 1.7% of revenue as net income.
NVST profit margins
NVST growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8.3% | +1.9% | +7.1% | −0.1% |
| Gross profit | +7.5% | +0.2% | +6.9% | −0.2% |
| Operating income | — | −10.9% | +39.0% | −4.3% |
| Net income | — | −42.2% | +7.1% | −16.2% |
| EPS (diluted) | +64.4% | −14.8% | +4.3% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NVST quarterly EPS vs estimates
Envista beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.35).
NVST income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.72B | $2.51B | $2.57B | $2.57B | $2.51B | $1.93B | $2.28B | $2.84B | $2.81B | $2.79B |
| Cost of revenue | $1.22B | $1.12B | $2.25B | $1.08B | $1.05B | $856.0M | $933.1M | $1.23B | $1.18B | $1.17B |
| Gross profit | $1.50B | $1.39B | $1.44B | $1.49B | $1.46B | $1.07B | $1.35B | $1.61B | $1.63B | $1.61B |
| Research & development | $114.0M | $99.1M | $93.8M | $100.1M | $100.5M | $86.7M | $133.1M | $172.0M | $172.4M | $142.8M |
| Sales, general & admin | $1.14B | $1.14B | $1.05B | $1.06B | $1.02B | $1.02B | $1.08B | $1.13B | $1.06B | $1.06B |
| Total operating expenses | $1.27B | $2.43B | $1.15B | $1.17B | $1.16B | $1.03B | $1.12B | $1.31B | $1.24B | $1.21B |
| Operating income | $225.7M | −$1.04B | $31.5M | $319.2M | $306.2M | $43.5M | $235.7M | $298.4M | $386.6M | $402.8M |
| Interest income | — | — | — | — | — | — | $3.5M | — | — | — |
| Interest expense | $36.6M | $46.4M | $63.4M | $38.4M | $54.1M | $62.5M | $3.5M | $0 | $0 | $0 |
| Income before taxes | $177.2M | −$1.08B | −$54.9M | $283.9M | $254.5M | −$20.0M | $233.7M | $301.1M | $386.7M | $401.7M |
| Income taxes | $130.2M | $33.9M | $45.3M | $45.9M | −$9.0M | −$62.5M | $49.6M | $70.4M | $85.6M | $129.7M |
| Net income | $47.0M | −$1.12B | −$100.2M | $243.1M | $340.5M | $33.3M | $217.6M | $230.7M | $301.1M | $272.0M |
| EBITDA | $329.8M | $279.5M | $31.5M | $522.0M | $524.3M | $290.7M | $416.6M | $454.8M | $543.9M | $563.3M |
| EPS (diluted) | $1.20 | $0.73 | $1.53 | $1.94 | $1.98 | $0.97 | $1.47 | $1.49 | $2.35 | — |
| Gross margin | 55.0% | 55.4% | 56.1% | 57.9% | 58.3% | 55.6% | 59.2% | 56.6% | 57.9% | 57.9% |
| Operating margin | 8.3% | −41.4% | 1.2% | 12.4% | 12.2% | 2.3% | 10.3% | 10.5% | 13.8% | 14.5% |
| Net margin | 1.7% | −44.6% | −3.9% | 9.5% | 13.6% | 1.7% | 9.5% | 8.1% | 10.7% | 9.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $730.5M | $705.5M | $750.6M | $669.9M | $682.1M | $616.9M | $652.9M | $601.0M | $633.1M | $623.6M | $645.6M | $631.3M |
| Cost of revenue | $323.5M | $315.4M | $337.5M | $294.8M | $311.9M | $280.9M | $279.6M | $283.6M | $303.2M | $265.6M | $307.0M | $267.0M |
| Gross profit | $407.0M | $390.1M | $413.1M | $375.1M | $370.2M | $336.0M | $373.3M | $317.4M | $329.9M | $358.0M | $338.6M | $364.3M |
| Research & development | $30.4M | $30.0M | $32.1M | $28.3M | $28.3M | $25.3M | $26.7M | $25.5M | $23.6M | $23.3M | $20.2M | $22.3M |
| Sales, general & admin | $296.3M | $293.9M | $285.5M | $284.4M | $295.3M | $263.3M | $278.1M | $270.9M | $302.5M | $284.9M | $260.2M | $257.7M |
| Total operating expenses | $326.7M | $327.6M | $337.3M | $310.3M | $319.4M | $297.0M | $327.2M | $296.5M | $1.48B | $309.9M | $541.4M | $281.0M |
| Operating income | $80.3M | $62.5M | $75.8M | $64.8M | $50.8M | $39.0M | $46.1M | $20.9M | −$1.15B | $48.1M | −$202.8M | $83.3M |
| Interest expense | $8.7M | $7.4M | $10.3M | $9.0M | $8.0M | $9.3M | $9.9M | $11.9M | $11.7M | $12.9M | $13.9M | $15.4M |
| Income before taxes | $74.4M | $52.2M | $57.6M | $49.9M | $40.7M | $29.0M | $36.5M | $9.6M | −$1.17B | $35.3M | −$215.0M | $35.8M |
| Income taxes | $20.7M | $13.5M | $24.7M | $80.2M | $14.3M | $11.0M | $35.3M | $1.4M | −$14.5M | $11.7M | $2.4M | $14.3M |
| Net income | $53.7M | $38.7M | $32.9M | −$30.3M | $26.4M | $18.0M | $1.2M | $8.2M | −$1.15B | $23.6M | −$217.4M | $21.5M |
| EBITDA | $140.1M | $83.1M | $97.0M | $88.1M | $78.5M | $74.6M | $87.4M | $51.7M | $40.3M | $94.4M | $108.4M | $129.7M |
| EPS (diluted) | $0.41 | $0.36 | $0.38 | $0.32 | $0.26 | $0.24 | $0.24 | $0.12 | $0.11 | $0.26 | $0.29 | $0.43 |
| Gross margin | 55.7% | 55.3% | 55.0% | 56.0% | 54.3% | 54.5% | 57.2% | 52.8% | 52.1% | 57.4% | 52.4% | 57.7% |
| Operating margin | 11.0% | 8.9% | 10.1% | 9.7% | 7.4% | 6.3% | 7.1% | 3.5% | −182.2% | 7.7% | −31.4% | 13.2% |
| Net margin | 7.4% | 5.5% | 4.4% | −4.5% | 3.9% | 2.9% | 0.2% | 1.4% | −181.9% | 3.8% | −33.7% | 3.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NVST's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NVST financial results
In fiscal year 2025 (ended December 31, 2025), Envista reported revenue of $2.7 billion, up 8.3% from the year before. It had net income of $47.0 million, a net profit margin of 1.7%. Diluted earnings per share came to $1.20. Over five years revenue grew at an average rate of 7.1% a year.
See the NVST stock overview for the latest quote and news, or the NVST chart for price history and technical indicators.
NVST income statement FAQ
What is Envista's annual revenue?
Envista reported total revenue of $2.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 8.3% from $2.5 billion the previous year.
Is Envista profitable?
Yes. Envista reported net income of $47.0 million in fiscal 2025, a net profit margin of 1.7%; its operating margin was 8.3%.
What is Envista's gross margin?
Envista's gross margin was 55.0% in fiscal 2025: for every $100 of revenue, Envista kept $55 after the direct cost of its products and services.
How much does Envista spend on research and development?
Envista spent $114.0 million on research and development in fiscal 2025, 4.2% of revenue.
How fast is Envista growing?
Revenue grew 7.1% a year on average over the last five fiscal years, from $1.9 billion to $2.7 billion.
What are Envista's earnings per share?
Envista earned $1.20 per diluted share in fiscal 2025, compared with $0.73 a year earlier.
When will Envista report its next earnings?
Envista is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Envista's fiscal year end?
Envista's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.