Quarterly ResultMay 7, 2026, 06:14 AM
Enovis Q1 Sales $589M, +5%; Adj EPS $0.89; Reaffirms 2026 Guidance
AI Summary
Enovis Corporation announced its first-quarter 2026 financial results, reporting net sales of $589 million, a 5% increase on a reported basis and 3% organically year-over-year. The company posted a GAAP net loss of $8 million, or $0.15 per share, but achieved adjusted EBITDA of $104 million and adjusted net earnings per diluted share of $0.89. Enovis also reaffirmed its full-year 2026 financial guidance for revenue, adjusted EBITDA, adjusted EPS, and free cash flow conversion, reflecting confidence in its innovation-led strategy despite a dynamic environment.
Key Highlights
- Q1 net sales of $589 million, up 5% reported and 3% organic YoY.
- Reconstructive sales grew 11% reported and 6% organic YoY.
- Reported Q1 net loss of $8 million, or $0.15 per share.
- Adjusted EBITDA reached $104 million, with adjusted EPS of $0.89.
- Gross profit margin improved to 62.0% from 59.5% in Q1 2025.
- Reaffirmed full-year 2026 revenue guidance of $2.31-2.37 billion.
- Reaffirmed full-year adjusted EBITDA guidance of $425-435 million.
- Reaffirmed full-year adjusted EPS guidance of $3.52-$3.73.
Price Impact
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