Envista Holdings (NVST) Q3 FY2026 earnings: revenue $692 million, up 3.2% on the year

Envista Holdings Corp. (NVST) reported revenue of $692 million for Q3 FY2026, the quarter ended 2 October 2026, up 3.2% on the same quarter a year earlier. Net income was $508 million, and diluted earnings per share $3.11. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$692 million

+3.2% on the year · -5.3% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

74.5%

8.6% a year earlier

Q4 FY2024Q3 FY2026

Net income

$508 million

+846.6% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$3.11

+842.4% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 raised, 1 narrowed, 1 kept.

Sales up 3.2%, core growth 2.7%: Sales were $691.5 million, up from $669.9 million, with core sales growth of 2.7%. Nine-month sales were $2,127.5 million, up 8.1%, with core sales growth of 5.6%.
Adjusted EBITDA up 9%, margin 15.3%: Adjusted EBITDA was $106 million, up from $97 million, with a 15.3% margin against 14.5%. Nine-month adjusted EBITDA was $312 million, against $260 million.
Adjusted diluted EPS up 25%: Adjusted diluted EPS was $0.40, against $0.32. Nine-month adjusted diluted EPS was $1.16, against $0.82.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	692	730	670	-5.3%	+3.2%
Cost of revenue	291	324	300	-10.1%	-2.9%
Gross profit	401	407	370	-1.6%	+8.2%
Gross margin	57.9%	55.7%	55.3%
Research and development	29.3	30.4	28.3	-3.6%	+3.5%
Selling, general and administrative	284	296	284	-4.1%	-0.1%
Operating income	515	80.3	57.5	+541.6%	+796.0%
Operating margin	74.5%	11.0%	8.6%
Interest expense	7.8	8.7	9.0	-10.3%	-13.3%
Pre-tax income	500	74.4	49.9	+572.3%	+902.4%
Income tax	-8.1	20.7	80.2
Effective tax rate	-1.6%	27.8%	160.7%
Net income	508	53.7	-30.3	+846.6%
Net margin	73.5%	7.4%	-4.5%
Diluted EPS	$3.11	$0.33	-$0.18	+842.4%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	77.9	119	78.7	-34.6%	-1.0%
Capital expenditure	16.1	14.9	10.8	+8.1%	+49.1%
Free cash flow	61.8	104	67.9	-40.7%	-9.0%
Free cash flow margin	8.9%	14.3%	10.1%
Cash from investing	-13.1	-14.3	-9.7
Cash from financing	-9.6	-60.7	-41.7
Depreciation and amortisation	25.4	27.8	29.2	-8.6%	-13.0%
Share-based compensation	9.8	9.5	10.4	+3.2%	-5.8%
Diluted shares, weighted	163m	164m	166m	-0.4%	-1.6%
Shares outstanding at period end	160m	161m	165m	-0.2%	-2.8%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	3,089	3,076	3,088	+0.4%	+0.0%
Short-term borrowings	n/a	n/a	0.0
Debt	1,429	1,436	1,445	-0.5%	-1.1%
Operating lease liabilities	121	113	118	+6.5%	+2.6%
Other liabilities	973	971	991	+0.2%	-1.9%
Total liabilities and equity	5,611	5,597	5,642	+0.2%	-0.6%
Fixed assets	301	296	288	+1.7%	+4.3%
Goodwill	2,343	2,354	2,363	-0.4%	-0.8%
Intangible assets	593	613	646	-3.3%	-8.1%
Cash and equivalents	1,159	1,126	1,134	+2.9%	+2.2%
Receivables	448	437	406	+2.7%	+10.5%
Inventory	285	291	291	-2.0%	-1.9%
Other assets	481	481	515	-0.0%	-6.6%
Total assets	5,611	5,597	5,642	+0.2%	-0.6%

Questions

What was Envista Holdings' revenue in Q3 FY2026?

Envista Holdings (NVST) reported revenue of $692 million for Q3 FY2026, the quarter ended 2 October 2026, up 3.2% on the same quarter a year earlier.

How much did Envista Holdings earn in Q3 FY2026?

Net income for Q3 FY2026 was $508 million, and diluted earnings per share $3.11.

When did Envista Holdings report Q3 FY2026 results?

Envista Holdings filed its 10-Q for the quarter ended 2 October 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 †	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	652	631	646	631	661	627	662	631	646	624	633	601	653	617	682	670	751	706	730	692
Cost of revenue	309	257	276	266	295	264	284	268	310	267	306	284	280	281	312	300	340	315	324	291
Gross profit	343	374	370	365	366	363	379	363	336	356	327	317	372	336	370	370	411	390	407	401
Gross margin	53%	59%	57%	58%	55%	58%	57%	58%	52%	57%	52%	53%	57%	54%	54%	55%	55%	55%	56%	58%
R&D	24.8	24.4	25.1	26.0	24.6	24.5	26.8	22.3	20.2	23.3	23.6	25.5	26.7	25.3	28.3	28.3	32.1	30.0	30.4	29.3
SG&A	272	258	280	264	254	266	273	258	260	285	302	271	300	272	295	284	305	298	296	284
Operating income	46.1	91.5	65.2	74.5	88.0	72.1	78.9	83.3	-203	48.1	-1,153	20.9	46.1	39.0	46.3	57.5	73.3	62.5	80.3	515
Operating margin	7%	14%	10%	12%	13%	11%	12%	13%	-31%	8%	-182%	3%	7%	6%	7%	9%	10%	9%	11%	75%
Interest expense	10.5	5.9	6.4	11.6	14.5	16.7	17.4	15.4	13.9	12.9	11.7	11.9	9.9	9.3	8.0	9.0	10.3	7.4	8.7	7.8
Pre-tax income	37.2	85.9	59.1	63.2	75.7	55.7	68.6	35.8	-215	35.3	-1,166	9.6	36.5	29.0	40.7	49.9	57.6	52.2	74.4	500
Tax rate	-14%	18%	25%	22%	3%	21%	24%	40%	n/a	33%	n/a	15%	97%	38%	35%	161%	43%	26%	28%	-2%
Net income	85.8	74.9	47.1	47.6	73.5	43.8	51.9	21.5	-217	23.6	-1,152	8.2	1.2	18.0	26.4	-30.3	32.9	38.7	53.7	508
Net margin	13%	12%	7%	8%	11%	7%	8%	3%	-34%	4%	-182%	1%	0%	3%	4%	-5%	4%	5%	7%	74%
Diluted EPS	$0.24	$0.42	$0.26	$0.27	$0.42	$0.25	$0.29	$0.12	-$1.27	$0.14	-$6.69	$0.05	$0.01	$0.10	$0.16	-$0.18	$0.20	$0.23	$0.33	$3.11
Operating cash flow	136	3.5	22.2	46.7	110	3.1	75.1	95.5	102	40.3	93.1	70.7	132	0.3	88.7	78.7	108	-3.3	119	77.9
Capital expenditure	8.7	19.8	12.1	26.9	16.9	17.5	14.1	18.4	8.2	11.0	6.8	7.4	8.6	5.9	12.3	10.8	16.3	12.5	14.9	16.1
Free cash flow	127	-16.3	10.1	19.8	93.4	-14.4	61.0	77.1	93.8	29.3	86.3	63.3	124	-5.6	76.4	67.9	91.7	-15.8	104	61.8
Shares outstanding	162m	163m	163m	163m	163m	164m	164m	171m	172m	172m	172m	172m	172m	172m	167m	165m	164m	163m	161m	160m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 2 October 2026, filed 4 November 2026: the filing.