Envista Holdings Corp
For the period ended Jun 27, 2025. Filed Jul 31, 2025.
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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 27, 2025 · Filed Jul 31, 2025
NVST$25.84-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
($ and shares in millions, except per share amounts)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| June 27, 2025 | June 28, 2024 | June 27, 2025 | June 28, 2024 | |
| Sales | $682.1 | $633.1 | $1,299.0 | $1,256.7 |
| Cost of sales | 312.2 | 306.5 | 593.1 | 573.8 |
| Gross profit | 369.9 | 326.6 | 705.9 | 682.9 |
| Operating expenses: | ||||
| Selling, general and administrative | 295.3 | 302.5 | 567.0 | 587.4 |
| Research and development | 28.3 | 23.6 | 53.6 | 46.9 |
| Goodwill and intangible asset impairment | — | 1,153.8 | — | 1,153.8 |
| Operating profit (loss) | 46.3 | (1,153.3) | 85.3 | (1,105.2) |
| Nonoperating (expense) income: | ||||
| Other income (expense), net | 2.4 | (1.1) | 1.7 | (1.0) |
| Interest expense, net | (8.0) | (11.7) | (17.3) | (24.6) |
| Income (loss) before income taxes | 40.7 | (1,166.1) | 69.7 | (1,130.8) |
| Income tax expense (benefit) | 14.3 | (14.5) | 25.3 | (2.8) |
| Net income (loss) | $26.4 | $(1,151.6) | 44.4 | (1,128.0) |
| Earnings (loss) per share: | ||||
| Earnings (loss)- basic | $0.16 | $(6.69) | $0.26 | $(6.56) |
| Earnings (loss) - diluted | $0.16 | $(6.69) | $0.26 | $(6.56) |
| Average common stock and common equivalent shares outstanding: | ||||
| Basic | 169.0 | 172.1 | 170.7 | 172.0 |
| Diluted | 169.9 | 172.1 | 171.7 | 172.0 |
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