HAEMONETICS CORP

For the period ended Sep 27, 2025. Filed Nov 6, 2025.

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.

Sep 27, 2025 · Filed Nov 6, 2025

HAE$118.21-1.4%Stored close · as of Nov 9, 2026

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Contents

ITEM 1. Financial Statements

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

	Three Months Ended		Six Months Ended
	September 27, 2025	September 28, 2024	September 27, 2025	September 28, 2024
(Dollars and Shares in Thousands, Except Per Share Data)
Net revenues	$327,315	$345,511	$648,709	$681,683
Cost of goods sold	132,571	158,074	261,721	319,322
Gross profit	194,744	187,437	386,988	362,361
Operating expenses:
Research and development	14,872	14,139	31,133	28,588
Selling, general and administrative	101,615	106,946	212,334	215,194
Amortization of acquired intangible assets	11,182	12,264	22,574	24,735
Impairment of intangible assets	8,584	2,391	8,584	2,391
Total operating expenses	136,253	135,740	274,625	270,908
Operating income	58,491	51,697	112,363	91,453
Interest and other expense, net	(7,206)	(6,993)	(15,909)	(36)
Income before provision for income taxes	51,285	44,704	96,454	91,417
Provision for income taxes	12,601	10,873	23,739	19,213
Net income	$38,684	$33,831	$72,715	$72,204
Net income per common share:
Basic	$0.81	$0.66	$1.52	$1.42
Diluted	$0.81	$0.66	$1.51	$1.40
Weighted average shares outstanding
Basic	47,590	50,898	47,850	50,920
Diluted	47,664	51,240	48,009	51,402

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

	Three Months Ended		Six Months Ended
	September 27, 2025	September 28, 2024	September 27, 2025	September 28, 2024
(Dollars in Thousands)
Net income	$38,684	$33,831	$72,715	$72,204
Other comprehensive (loss) income:
Foreign currency translation adjustment, net of tax	(4,419)	12,197	14,888	4,854
Unrealized gain (loss) on cash flow hedges, net of tax	336	(4,015)	(184)	(3,316)
Reclassifications into earnings of cash flow hedge gains, net of tax	(206)	(79)	(151)	(470)
Other comprehensive (loss) income	(4,289)	8,103	14,553	1,068
Comprehensive income	$34,395	$41,934	$87,268	$73,272

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.