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HAEMONETICS CORP

For the period ended Jun 28, 2025. Filed Aug 7, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 28, 2025 · Filed Aug 7, 2025

HAE$119.93-3.4%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: June 28, 2025

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number:001-14041

HAEMONETICS CORPORATION

(Exact name of registrant as specified in its charter)

Massachusetts04-2882273
(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.)
125 Summer Street
Boston,Massachusetts02110
(Address of principal executive offices)(Zip Code)

(781)848-7100

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of Each ClassTrading SymbolName of Each Exchange on Which Registered
Common stock, $.01 par value per shareHAENew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x Noo

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x Noo

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filerxAccelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.) Yes☐Nox

The number of shares of $0.01 par value common stock outstanding as of August 1, 2025:48,177,256

HAEMONETICS CORPORATION

INDEX

PAGE
PART I. FINANCIAL INFORMATION3
ITEM 1. Financial Statements3
Unaudited Condensed Consolidated Statements of Income - Three Months Ended June 28, 2025 and June 29, 20243
Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) - Three Months Ended June 28, 2025 and June 29, 20244
Unaudited Condensed Consolidated Balance Sheet - June 28, 2025 and Consolidated Balance Sheet - March 29, 20255
Unaudited Condensed Consolidated Statements of Stockholders’ Equity - Three Months Ended June 28, 2025 and June 29, 20246
Unaudited Condensed Consolidated Statements of Cash Flows - Three Months Ended June 28, 2025 and June 29, 20247
Notes to Unaudited Condensed Consolidated Financial Statements8
ITEM 2. Management's Discussion and Analysis of Financial Condition and Results of Operations33
ITEM 3. Quantitative and Qualitative Disclosures about Market Risk42
ITEM 4. Controls and Procedures43
PART II. OTHER INFORMATION44
ITEM 1. Legal Proceedings44
ITEM 1A. Risk Factors44
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds44
ITEM 3. Defaults upon Senior Securities44
ITEM 4. Mine Safety Disclosures44
ITEM 5. Other Information44
ITEM 6. Exhibits45
SIGNATURES46
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