Revenue growth has stabilized at 7.0% as of 2026Q1, though operating margins remain compressed at 10.7% compared to the 18.1% peak observed in 2024Q4.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Sales/Revenue | 2.9B | 2.86B | 2.76B | 2.75B | 3.31B | 3.83B | 3.78B | 2.88B | 2.78B | 2.26B | 2.12B | 2.1B | 2.24B | 2.17B | 2.12B | 1.92B | 1.7B | 1.55B | 1.96B | 1.79B | 1.55B | 1.47B | 1.43B | 1.54B | 1.5B | 1.33B | 1.7B | 1.36B | 1.41B | 1.46B | 1.43B |
| Revenue Growth % | 4.78% | 3.67% | 0.16% | -16.95% | -13.48% | 1.19% | 31.18% | 3.8% | 23.08% | 6.69% | 0.51% | -5.92% | 3.28% | 2.41% | 10.09% | 12.73% | 9.9% | -20.88% | 9.66% | 15.58% | 4.92% | 3.13% | -6.91% | 2.01% | 13.15% | -21.54% | 24.37% | -3.18% | -3.62% | 2.35% | 0.54% |
| Cost of Goods Sold | 1.41B | 1.34B | 1.43B | 1.43B | 1.55B | 1.55B | 1.79B | 1.59B | 1.53B | 1.23B | 1.14B | 1.17B | 1.27B | 1.23B | 1.19B | 1.1B | 963.91M | 851.78M | 1.12B | 1.07B | 922.89M | 859.29M | 846.33M | 906.27M | 904.1M | 721.73M | 918.43M | 787.3M | 991.3M | 1.04B | 1.01B |
| COGS % of Revenue | - | 46.92% | 51.99% | 51.93% | 46.84% | 40.38% | 47.38% | 55.16% | 54.96% | 54.39% | 54.04% | 55.81% | 56.6% | 56.61% | 56.33% | 57.11% | 56.56% | 54.93% | 57.39% | 59.99% | 59.68% | 58.3% | 59.22% | 59.03% | 60.07% | 54.26% | 54.18% | 57.76% | 70.41% | 71.2% | 70.61% |
| Gross Profit | 1.49B | 1.52B | 1.32B | 1.32B | 1.76B | 2.28B | 1.99B | 1.29B | 1.25B | 1.03B | 972.25M | 930.03M | 971.01M | 939.97M | 923.81M | 823.98M | 740.43M | 698.98M | 835.07M | 715.14M | 623.47M | 614.54M | 582.76M | 628.95M | 600.88M | 608.33M | 776.84M | 575.8M | 416.6M | 420.7M | 419.5M |
| Gross Margin % | 51.44% | 53.08% | 48.01% | 48.07% | 53.16% | 59.62% | 52.62% | 44.84% | 45.04% | 45.61% | 45.96% | 44.19% | 43.4% | 43.39% | 43.67% | 42.89% | 43.44% | 45.07% | 42.61% | 40.01% | 40.32% | 41.7% | 40.78% | 40.97% | 39.93% | 45.74% | 45.82% | 42.24% | 29.59% | 28.8% | 29.39% |
| Gross Profit Growth % | - | 14.62% | 0.04% | -24.91% | -22.84% | 14.64% | 53.94% | 3.34% | 21.56% | 5.87% | 4.54% | -4.22% | 3.3% | 1.75% | 12.12% | 11.28% | 5.93% | -16.3% | 16.77% | 14.7% | 1.45% | 5.45% | -7.34% | 4.67% | -1.22% | -21.69% | 34.91% | 38.21% | -0.97% | 0.29% | 3.07% |
| Operating Expenses | 1.13B | 1.16B | 912.14M | 922.7M | 979.61M | 941.95M | 970.72M | 887.57M | 880.27M | 724.72M | 666.58M | 663.24M | 740.51M | 681.22M | 723.02M | 706.04M | 567.67M | 558.89M | 633.76M | 540.49M | 471.97M | 452.83M | 444.68M | 495.22M | 540.87M | 492.46M | 592.81M | 464.4M | 322.7M | 332.9M | 331.8M |
| OpEx % of Revenue | - | 40.6% | 33.11% | 33.55% | 29.58% | 24.61% | 25.66% | 30.78% | 31.69% | 32.11% | 31.51% | 31.51% | 33.1% | 31.45% | 34.18% | 36.75% | 33.31% | 36.04% | 32.33% | 30.24% | 30.52% | 30.72% | 31.12% | 32.26% | 35.94% | 37.03% | 34.97% | 34.07% | 22.92% | 22.79% | 23.25% |
| Selling, General & Admin | 914.23M | 945.28M | 715.3M | 706.12M | 757.99M | 741.61M | 765.33M | 698.24M | 694.17M | 585.56M | 542.8M | 551.2M | 619.97M | 548.69M | 590.89M | 590.92M | 473.86M | 468.11M | 524.82M | 430.57M | 373.85M | 365.46M | 362.32M | 386.4M | 431.3M | 411.14M | 418.98M | 327.1M | 226.3M | 243.4M | 290.9M |
| SG&A % of Revenue | - | 33.1% | 25.96% | 25.67% | 22.89% | 19.37% | 20.23% | 24.21% | 24.99% | 25.94% | 25.66% | 26.19% | 27.71% | 25.33% | 27.94% | 30.76% | 27.8% | 30.19% | 26.78% | 24.09% | 24.18% | 24.8% | 25.35% | 25.17% | 28.66% | 30.91% | 24.71% | 24% | 16.07% | 16.66% | 20.38% |
| Research & Development | 220.13M | 215.84M | 196.84M | 216.58M | 221.62M | 200.34M | 205.39M | 189.34M | 186.1M | 139.16M | 123.78M | 112.04M | 120.54M | 132.52M | 132.14M | 115.12M | 93.81M | 90.78M | 108.94M | 109.92M | 98.12M | 87.37M | 82.36M | 83.14M | 86.45M | 81.31M | 86.12M | 71.2M | 46M | 44.9M | 0 |
| R&D % of Revenue | - | 7.56% | 7.14% | 7.87% | 6.69% | 5.23% | 5.43% | 6.57% | 6.7% | 6.17% | 5.85% | 5.32% | 5.39% | 6.12% | 6.25% | 5.99% | 5.5% | 5.85% | 5.56% | 6.15% | 6.35% | 5.93% | 5.76% | 5.42% | 5.74% | 6.11% | 5.08% | 5.22% | 3.27% | 3.07% | - |
| Other Operating Expenses | -1000K | -1.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25.67M | 23.11M | 0 | 87.72M | 66.1M | 50.4M | 44.6M | 40.9M |
| Operating Income | 360.29M | 356.63M | 410.52M | 399.49M | 781.12M | 1.34B | 1.02B | 405.48M | 370.97M | 304.63M | 305.67M | 266.79M | 230.49M | 258.76M | 200.78M | 117.94M | 172.76M | 140.09M | 201.31M | 174.65M | 151.5M | 161.71M | 138.09M | 183.91M | 123.37M | 197.58M | 184.03M | 104.4M | 31.7M | 121.6M | 87.7M |
| Operating Margin % | 12.41% | 12.49% | 14.9% | 14.52% | 23.59% | 35.01% | 26.96% | 14.06% | 13.35% | 13.5% | 14.45% | 12.68% | 10.3% | 11.95% | 9.49% | 6.14% | 10.14% | 9.03% | 10.27% | 9.77% | 9.8% | 10.97% | 9.66% | 11.98% | 8.2% | 14.86% | 10.86% | 7.66% | 2.25% | 8.32% | 6.14% |
| Operating Income Growth % | - | -13.13% | 2.76% | -48.86% | -41.71% | 31.4% | 151.5% | 9.3% | 21.78% | -0.34% | 14.57% | 15.75% | -10.92% | 28.88% | 70.24% | -31.73% | 23.32% | -30.41% | 15.26% | 15.28% | -6.31% | 17.11% | -24.92% | 49.07% | -37.56% | 7.37% | 76.27% | 229.34% | -73.93% | 38.65% | 6.05% |
| EBITDA | 773.26M | 658.9M | 838.37M | 831.26M | 1.21B | 1.65B | 1.27B | 619.51M | 551.56M | 409.63M | 405.64M | 372.16M | 347.23M | 387.23M | 327.65M | 228.86M | 261.92M | 220.86M | 289.92M | 252.65M | 220.69M | 228.71M | 205.68M | 273.69M | 219.48M | 281.84M | 311.28M | 170.5M | 82.1M | 166.2M | 135.9M |
| EBITDA Margin % | 26.64% | 23.07% | 30.43% | 30.22% | 36.48% | 43.14% | 33.48% | 21.48% | 19.85% | 18.15% | 19.17% | 17.68% | 15.52% | 17.88% | 15.49% | 11.91% | 15.37% | 14.24% | 14.79% | 14.14% | 14.27% | 15.52% | 14.39% | 17.83% | 14.58% | 21.19% | 18.36% | 12.51% | 5.83% | 11.38% | 9.52% |
| EBITDA Growth % | -6.39% | -21.41% | 0.86% | -31.19% | -26.84% | 30.42% | 104.4% | 12.32% | 34.65% | 0.98% | 9% | 7.18% | -10.33% | 18.18% | 43.16% | -12.62% | 18.59% | -23.82% | 14.75% | 14.48% | -3.51% | 11.19% | -24.85% | 24.7% | -22.13% | -9.46% | 82.57% | 107.67% | -50.6% | 22.3% | 14.49% |
| D&A (Non-Cash Add-back) | 412.97M | 302.26M | 427.85M | 431.77M | 427M | 311.44M | 246.51M | 214.03M | 180.59M | 105M | 99.97M | 105.36M | 116.74M | 128.47M | 126.86M | 110.92M | 89.16M | 80.76M | 88.61M | 78M | 69.18M | 67M | 67.6M | 89.78M | 96.11M | 84.26M | 127.25M | 66.1M | 50.4M | 44.6M | 48.2M |
| EBIT | 361M | 360.46M | 412.4M | 281.79M | 755.79M | 1.31B | 956.08M | 300.77M | 324.66M | 340.66M | 285.6M | 246.8M | 205.87M | 203.26M | 96.37M | 89.14M | 177.88M | 120.14M | 174.03M | 166.61M | 159.89M | 93.95M | 135.55M | 133.73M | 60.02M | 115.87M | 184.03M | 111.4M | 53.7M | 55.3M | 87.7M |
| Net Interest Income | -66.61M | -61.08M | -23.09M | -26.68M | -100.37M | -99.89M | -48.7M | -62.13M | -65.83M | -41.37M | -40.83M | -37.32M | -35.6M | -49.27M | -45.04M | -22.9M | -15.06M | -14.97M | -21.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 27.33M | 31.1M | 73.19M | 72.13M | 3.59M | 2.24M | 1.01M | 1.5M | 1.14M | 2.57M | 702K | 673K | 667K | 650K | 747K | 1.88M | 832K | 1.03M | 4.02M | 4.69M | 9.39M | 3.32M | 2.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 93.94M | 92.19M | 96.28M | 98.81M | 103.95M | 102.13M | 49.71M | 63.63M | 66.98M | 43.94M | 41.53M | 38M | 36.27M | 49.92M | 45.79M | 24.78M | 15.89M | 17.16M | 82.14M | 41.7M | 0 | 0 | 47.71M | 105.08M | 279.72M | 128.31M | 74.63M | 7M | 0 | 64.6M | 8.9M |
| Other Income/Expense | -94.4M | -88.36M | -94.39M | -216.51M | -129.28M | -136.42M | -113.43M | -168.34M | -113.28M | -7.92M | -61.6M | -57.98M | -60.89M | -105.42M | -150.19M | -53.59M | -10.78M | -33.96M | -52.5M | -23.36M | -767K | -95.05M | -38.74M | -56.39M | -32.87M | -163.43M | -39.54M | -66.5M | 124.3M | -35.8M | -7.3M |
| Pretax Income | 265.89M | 268.28M | 316.13M | 182.98M | 651.84M | 1.2B | 906.36M | 237.14M | 257.68M | 296.72M | 244.07M | 208.81M | 169.6M | 153.33M | 50.59M | 64.35M | 161.98M | 106.14M | 148.81M | 151.29M | 150.74M | 66.66M | 99.34M | 80.88M | -8.55M | 34.15M | 144.49M | 44.9M | 156M | 54M | 80.4M |
| Pretax Margin % | 9.16% | 9.39% | 11.47% | 6.65% | 19.68% | 31.44% | 23.96% | 8.22% | 9.28% | 13.15% | 11.54% | 9.92% | 7.58% | 7.08% | 2.39% | 3.35% | 9.5% | 6.84% | 7.59% | 8.46% | 9.75% | 4.52% | 6.95% | 5.27% | -0.57% | 2.57% | 8.52% | 3.29% | 11.08% | 3.7% | 5.63% |
| Income Tax | 24.19M | 25.8M | 33.05M | 3.47M | 139.16M | 314.15M | 178.27M | 9.39M | 20.21M | 139.83M | 28.36M | 20.02M | 8.44M | -14.59M | -17.85M | 63.18M | 26.06M | 31.8M | 21.04M | 17.45M | 32.41M | 128K | 23.46M | 25.87M | -4.42M | 34.77M | 58.42M | 16.5M | 54M | 23.4M | 25.9M |
| Effective Tax Rate % | 9.1% | 9.62% | 10.46% | 1.9% | 21.35% | 26.1% | 19.67% | 3.96% | 7.84% | 47.12% | 11.62% | 9.59% | 4.97% | -9.52% | -35.29% | 98.18% | 16.09% | 29.96% | 14.14% | 11.54% | 21.5% | 0.19% | 23.62% | 31.99% | 51.64% | 101.82% | 40.43% | 36.75% | 34.62% | 43.33% | 32.21% |
| Net Income | 240.96M | 241.68M | 295.83M | -118.38M | 569.18M | 943.16M | 728.1M | 227.56M | 238.79M | 113.02M | 233.68M | 212.45M | 158.04M | 167.92M | 68.44M | 1.17M | 383.92M | 85.6M | 128.41M | 132.92M | 117.15M | 81.75M | 75.88M | 52.96M | -4.13M | -620K | 90.52M | 28.4M | 102M | 33.7M | 60.2M |
| Net Margin % | 8.3% | 8.46% | 10.74% | -4.3% | 17.19% | 24.64% | 19.25% | 7.89% | 8.6% | 5.01% | 11.05% | 10.09% | 7.06% | 7.75% | 3.24% | 0.06% | 22.53% | 5.52% | 6.55% | 7.44% | 7.58% | 5.55% | 5.31% | 3.45% | -0.27% | -0.05% | 5.34% | 2.08% | 7.24% | 2.31% | 4.22% |
| Net Income Growth % | -22.36% | -18.31% | 349.91% | -120.8% | -39.65% | 29.54% | 219.96% | -4.7% | 111.28% | -51.64% | 9.99% | 34.43% | -5.89% | 145.36% | 5739.68% | -99.69% | 348.51% | -33.34% | -3.39% | 13.46% | 43.31% | 7.73% | 43.28% | 1380.75% | -566.94% | -100.68% | 218.73% | -72.16% | 202.67% | -44.02% | 10.87% |
| Net Income (Continuing) | 241.53M | 242.48M | 283.07M | 179.5M | 512.68M | 889.44M | 728.1M | 227.75M | 237.47M | 156.89M | 215.71M | 188.78M | 161.17M | 167.92M | 68.44M | 1.17M | 135.92M | 74.33M | 127.77M | 133.83M | 118.32M | 66.53M | 75.88M | 55.01M | -4.13M | -620K | 86.07M | 28.4M | 79M | 9.6M | 54.5M |
| Discontinued Operations | -743K | -975K | 12.76M | -297.88M | 56.5M | 53.72M | 0 | -195K | 1.31M | -43.87M | 17.97M | 23.67M | -3.13M | 0 | 0 | 0 | 248M | 11.26M | 633K | -916K | -1.17M | 15.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.15 | 2.08 | 2.41 | -0.95 | 4.50 | 8.08 | 6.49 | 2.04 | 2.14 | 1.02 | 2.12 | 1.87 | 1.39 | 1.48 | 0.60 | 0.01 | 3.25 | 0.73 | 1.06 | 1.10 | 0.93 | 0.62 | 0.58 | 0.41 | -0.03 | -0.01 | 0.89 | 0.31 | 1.11 | 0.37 | 0.64 |
| EPS Growth % | -16.97% | -13.69% | 353.87% | -121.09% | -44.31% | 24.47% | 218.23% | -4.67% | 110% | -51.87% | 12.98% | 34.93% | -6.08% | 148.28% | 5685.44% | -99.68% | 345.21% | -31.13% | -3.82% | 19.02% | 48.54% | 7.48% | 41.46% | 1346.2% | - | -100.64% | 187.1% | -72.07% | 200% | -42.19% | 25.49% |
| EPS (Basic) | - | 2.08 | 2.41 | -0.95 | 4.51 | 8.12 | 6.53 | 2.05 | 2.16 | 1.03 | 2.13 | 1.89 | 1.40 | 1.50 | 0.60 | 0.01 | 3.28 | 0.74 | 1.07 | 1.12 | 0.94 | 0.63 | 0.60 | 0.42 | -0.03 | -0.01 | 0.92 | 0.31 | 1.13 | 0.37 | 0.64 |
| Diluted Shares Outstanding | 111.88M | 113.21M | 122.82M | 124.81M | 126.43M | 116.67M | 112.08M | 111.5M | 111.53M | 110.86M | 110.31M | 113.31M | 113.74M | 113.5M | 114.86M | 113.86M | 117.98M | 116.59M | 118.69M | 120.81M | 125.88M | 131.43M | 129.79M | 129.17M | 125.57M | 107.83M | 101.71M | 91.3M | 91.89M | 91.08M | 94.8M |
| Basic Shares Outstanding | 111.88M | 113.21M | 122.76M | 124.7M | 126.16M | 116.17M | 111.51M | 110.83M | 110.56M | 109.86M | 109.48M | 112.51M | 112.59M | 112.25M | 113.73M | 112.98M | 117.11M | 116.25M | 117.66M | 118.92M | 125.2M | 129.27M | 127.34M | 126.09M | 125.57M | 104.56M | 98.39M | 91.3M | 90.27M | 91.08M | 94.8M |
| Dividend Payout Ratio | - | 13.57% | 11.65% | - | 6.21% | 3.43% | 4.29% | 13.65% | 12.99% | 27.25% | 13.18% | 14.86% | 20.01% | 18.82% | 46.61% | 2715.78% | 8.59% | 38.2% | 25.76% | 25.36% | 30.26% | 44.4% | 47.16% | 66.86% | - | - | 30.42% | 89.79% | 24.9% | 76.26% | 44.19% |
Newborn screening volume sensitivity
According to the latest quarterly income statement data, Revvity achieved a 7.0% year-over-year revenue growth in 2026Q1, signaling a stabilization in top-line performance following the volatility observed in previous periods where growth rates fluctuated between negative 3.7% and positive 5.9% throughout the prior fiscal year.
The recent uptick in revenue growth suggests that the company's transition toward a pure-play life sciences and diagnostics model is beginning to yield more consistent results. However, investors should monitor whether this growth is driven by sustainable organic demand or if it remains susceptible to the lumpy nature of instrument placements and ongoing integration of recent acquisitions.
As reported in financial statements, Revvity's gross margin reached 54.5% in 2026Q1, though historical data reveals significant quarterly swings, including a notable compression to 42.2% in 2023Q4, which highlights the structural sensitivity of the company's manufacturing cost base to product mix and divestiture-related accounting adjustments.
The fluctuation in gross margins appears to be heavily influenced by the shifting composition of the company's revenue streams between high-margin reagents and lower-margin diagnostic hardware. Sustained margin expansion will likely require a more predictable contribution from the BioLegend portfolio to offset the inherent complexity of the diagnostic instrument manufacturing cycle.
Based on Revvity's reported figures, the operating margin stood at 10.7% in 2026Q1, a level that remains below the 18.1% peak observed in 2024Q4, suggesting that the company has yet to achieve the desired operating leverage following its recent corporate restructuring and divestiture of legacy industrial assets.
The current SG&A expense levels, which frequently exceed $240 million per quarter, indicate that the company is still carrying significant overhead costs that may be hindering bottom-line scalability. Investors should investigate whether these expenses are temporary integration costs or if they represent a more permanent structural burden that could limit future earnings growth.
Data from recent filings indicates that stock-based compensation remains a recurring expense, with $8.7 million recorded in 2026Q1, which continues to exert a measurable impact on net income and complicates the assessment of the company's underlying operational profitability relative to its reported earnings per share.
The variability in net income, which ranged from $27.7 million to $102.7 million over the last ten quarters, suggests that non-operating items and tax adjustments are creating significant noise in the bottom line. Analysts should focus on normalized earnings metrics to better understand the true cash-generating capability of the core business.
Quick answers to the most common questions about buying RVTY stock.
For fiscal year 2025, Revvity, Inc. (RVTY) reported total revenue of $2.86B. This represents a 100.1% increase compared to $1.43B in 1996.
Revvity, Inc. (RVTY) is profitable, generating $241.7M in net income for the fiscal year ending 2025 with a net profit margin of 8.5%.
Revvity, Inc. (RVTY) reported an operating income of $356.6M, resulting in an operating profit margin of 12.5%. This margin reflects the operational efficiency of the business before interest and taxes.
Revvity, Inc. (RVTY) generated $1.52B in gross profit for the year, representing a gross profit margin of 53.1%. This demonstrates the company's core pricing power and production efficiency.