StockWatch
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Medical/Dental Instruments
Quarterly ResultMay 5, 2026, 04:56 PM

Dentsply Sirona Reports Q1 Net Loss of $10M; Restructuring Costs Soar

AI Summary

Dentsply Sirona reported a net loss of $10 million for Q1 2026, a significant decline from a net income of $20 million in Q1 2025, despite flat net sales of $880 million. This loss was primarily driven by a substantial increase in restructuring and other costs, which surged to $67 million from $9 million in the prior year. The company approved a new restructuring plan in February 2026, incurring $60 million in charges by quarter-end.

Key Highlights

  • Dentsply Sirona reported a net loss of $10M in Q1 2026, down from $20M net income in Q1 2025.
  • Basic EPS was a loss of $0.05 in Q1 2026, compared to $0.10 earnings in Q1 2025.
  • Net sales remained flat at $880M in Q1 2026, compared to $879M in Q1 2025.
  • Restructuring and other costs increased significantly to $67M in Q1 2026 from $9M in Q1 2025.
  • Operating loss was $35M in Q1 2026, a decrease from $63M operating income in Q1 2025.
  • Connected Technology Solutions net sales rose to $246M from $235M year-over-year.
  • Orthodontic and Implant Solutions net sales decreased to $199M from $217M year-over-year.
  • Net cash provided by operating activities increased to $40M in Q1 2026 from $7M in Q1 2025.