Integer Holdings Corp Q2 FY26 Results

Summary

Integer Holdings Corporation announced its second quarter 2026 results, with sales decreasing 2.6% to $464 million. GAAP operating income from continuing operations fell 42% to $35 million, while non-GAAP adjusted operating income decreased 10% to $73 million. Non-GAAP adjusted diluted EPS saw a slight increase of 3% to $1.60. The company also announced a definitive agreement to be acquired by an affiliate of KKR for $5.7 billion in an all-cash transaction. Due to the pending transaction, Integer has withdrawn its financial outlook and cancelled its earnings conference call.

Key Highlights

1. 1

   Integer Holdings Corporation reported second quarter 2026 sales decreased 2.6% to $464 million compared to the second quarter of 2025.

2. 2

   GAAP operating income from continuing operations for Q2 2026 totaled $35 million, a decrease of $25 million or 42% year-over-year.

3. 3

   Non-GAAP adjusted operating income for Q2 2026 was $73 million, down 10% from the prior year's second quarter.

4. 4

   Non-GAAP adjusted net income for Q2 2026 was $55 million, a decrease of $0.1 million or 0% compared to Q2 2025.

5. 5

   Non-GAAP adjusted diluted EPS for Q2 2026 was $1.60, an increase of $0.05 or 3% compared to Q2 2025.

6. 6

   Adjusted EBITDA for the second quarter of 2026 totaled $95 million, a decrease of $4 million or 4% year-over-year.

7. 7

   Integer and KKR announced a definitive agreement for KKR to acquire all outstanding shares of Integer in an all-cash transaction valued at an enterprise value of $5.7 billion, with stockholders to receive $127 per share.