REVVITY, INC.

We require cash to pay our operating expenses, make capital expenditures, make strategic acquisitions, service our debt and other long-term liabilities, repurchase shares of our common stock and pay dividends on our common stock. Our principal sources of funds are our internal operations, borrowing capacity available under our senior unsecured revolving credit facility and access to debt markets. We anticipate that our internal operations will generate sufficient cash to fund our operating expenses, capital expenditures, acquisitions, interest payments on our debt and dividends on our common stock, for the foreseeable future, including at least the next 12 months.

At July 5, 2026, we had cash and cash equivalents of$1,022.9 million, of which $544.5 million was held by our non-U.S. subsidiaries, and we had$1.5 billion of borrowing capacity available under our senior unsecured revolving credit facility. We use a variety of cash redeployment and financing strategies to ensure that our worldwide cash is available in the locations in which it is needed.

On October 23, 2025, our Board of Directors (our “Board”) authorized us to repurchase shares of common stock for anaggregate amount up to $1.0 billion under a stock repurchase program (the “Repurchase Program”). The Repurchase Program will expire on October 22, 2027 unless terminated earlier by our Board and may be suspended or discontinued at anytime. During the three months ended July 5, 2026, we repurchased 93,303 shares of common stock under the Repurchase Program for an aggregate cost of $7.8 million. As of July 5, 2026,$792.7 million remained available for aggregate repurchases ofshares under the Repurchase Program. There have been no share repurchases subsequent to the second quarter of fiscal year 2026. If we continue to repurchase shares, the Repurchase Program will be funded using our existing financial resources, including cash and cash equivalents, and our existing senior unsecured revolving credit facility.

As of July 5, 2026, we may have to pay contingent consideration related to acquisi tions with open contingency periods of up to $71.2 million. As of July 5, 2026, we have recorded contingent consideration obligations of $15.4 million, of which $4.0 million was recorded in accrued expenses and other current liabilities, and $11.4 million was recorded in long-term liabilities. The maximum earnout period for acquisitions with open contingency periods is 5.4 years from July 5, 2026, and the remaining weighted average expected earnout period at July 5, 2026 was 3.0 years.

Distressed global financial markets could adversely impact general economic conditions by reducing liquidity and credit availability, creating increased volatility in security prices, widening credit spreads, increasing the cost of borrowings and decreasing valuations of certain investments. The widening of credit spreads may create a less favorable environment for certain of our businesses and may affect the fair value of financial instruments that we issue or hold. Increases in credit spreads, as well as limitations on the availability of credit at rates we consider to be reasonable, could affect our ability to borrow under future potential facilities on a secured or unsecured basis, which may adversely affect our liquidity and results of operations. In difficult global financial markets, we may be forced to fund our operations at a higher cost, or we may be unable to raise as much funding as we need to support our business activities or fund our strategic transactions.

We and our subsidiaries may from time to time, in our sole discretion, purchase, repay, redeem or retire any of our outstanding debt securities (including any publicly issued debt securities), in privately negotiated or open market transactions, by tender offer or otherwise, or extend or refinance any of our outstanding indebtedness.

Principal factors that could affect the availability of our internally generated funds include:

•changes in sales due to weakness in markets in which we sell our products and services, and

•changes in our working capital requirements and capital expenditures.

Principal factors that could affect our ability to obtain cash from external sources include:

•financial covenants contained in the financial instruments controlling our borrowings that limit our total borrowing capacity,

•increases in interest rates applicable to our outstanding variable rate debt,

•a ratings downgrade that could limit the amount we can borrow under our senior unsecured revolving credit facility and our overall access to the corporate debt market,

•increases in interest rates or credit spreads, as well as limitations on the availability of credit, that affect our ability to borrow under future potential facilities on a secured or unsecured basis,

•a decrease in the market price for our common stock, and

•volatility in the public debt and equity markets.

Cash Flows

Operating Activities. Net cash provided by operating activities of ourcontinuing operations was $317.8 million for the six months ended July 5, 2026, as compared to $268.4 million for the six months ended June 29, 2025, an increase of $49.4 million. The cash provided by operating activities for the six months ended July 5, 2026 was principally a result of adjustments for non-cash charges aggregating to $281.3 million, including depreciation and amortization of $207.1 million and income from continuing operations of $94.4 million, partially offset by a net cash decrease in working capital of $57.8 million, primarily due to annual employee incentive compensation payout and timing of inventory build and vendor payments, partially offset by robust collections performance. The cash provided by operating activities for the six months ended June 29, 2025 was principally a result of adjustments for non-cash charges aggregating to $233.7 million, including depreciation and amortization of $200.2 million, and income from continuing operations of $96.9 million, partially offset by a net cash decrease in working capital of $62.2 million.

Investing Activities. Net cash used in investing activitiesof our continuing operationswas $81.8 million for the six months ended July 5, 2026, as compared to $34.6 million for the six months ended June 29, 2025, an increase of $47.2 million primarily due to cash paid for acquisitions, net of cash acquired of $67.1 million during the six months ended July 5, 2026. During the six months ended July 5, 2026, net cash used for capital expenditures was $30.8 million, as compared to $34.9 million for the six months ended June 29, 2025. During the six months ended July 5, 2026, purchases of investments and notes receivables were $3.6 million. The cash used in investing activities during the six months ended July 5, 2026 was partially offset by $12.0 million of proceeds from disposition of property, plant and equipment. During the six months ended July 5, 2026, proceeds from investments and notes receivable amounted to $7.5 million. During the six months ended July 5, 2026, proceeds from disposition of businesses and assets amounted to $0.2 million, remaining flat compared to the six months ended June 29, 2025.

Financing Activities. Net cash used in financing activities was $112.1 million for the six months ended July 5, 2026, as compared to $466.1 million for the six months ended June 29, 2025, a decrease of $354.1 million. During the six months ended July 5, 2026, we repurchased shares of our common stock for a total cost of $102.5 million, as compared to $447.5 million in the prior year period. We paid $15.7 million in dividends for the six months ended July 5, 2026, as compared to $16.7 million for the six months ended June 29, 2025. We paid $0.4 million for acquisition-related contingent consideration during the six months ended July 5, 2026, as compared to $2.0 million for the six months ended June 29, 2025. During the six months ended June 29, 2025, we made net payments of$2.6 millionon debts. The cash used in financing activities during the six months ended July 5, 2026 was partially offset by proceeds from the issuance of common stock under our stock plans of $6.4 million during the six months ended July 5, 2026, as compared to $2.6 million for the six months ended June 29, 2025.

Borrowing Arrangements

Subsequent to the second quarter of fiscal year 2026, we repaid upon maturity all of our outstanding €500,000 Principal 1.875% Senior Unsecured Notes due in 2026 (the “2026 Notes”) at an aggregate principal amount of €500.0 million ($571.2 million). See Note 7, Debt, in the Notes to Condensed Consolidated Financial Statements and Note 13, Debt, to our audited consolidated financial statements in the 2025 Form 10-K for a detailed discussion of our borrowing arrangements.