Quarterly ResultAug 4, 2026, 05:33 PM
Integer Q2 Sales Down 2.6% to $464.1M; Net Income $23.6M
AI Summary
Integer Holdings Corp reported Q2 2026 sales of $464.1 million, a 2.6% decrease from Q2 2025, with net income falling 36.2% to $23.6 million. For the first six months of 2026, net income significantly increased to $40.1 million, primarily due to the absence of prior year's debt conversion inducement expenses and other losses. The company maintained compliance with debt covenants and increased cash and cash equivalents to $21.4 million.
Key Highlights
- Q2 2026 sales decreased 2.6% to $464.1 million.
- Q2 2026 net income fell 36.2% to $23.6 million.
- Basic EPS for Q2 2026 was $0.69, down from $1.06.
- Six-month net income rose to $40.1 million from $14.5 million.
- Cash and cash equivalents increased to $21.4 million.
- Long-term debt stood at $1.24 billion as of July 3, 2026.
- Net cash from operating activities was $84.4 million for six months.
- Repurchased $50.0 million of common stock in six months.
Price Impact
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