Haemonetics

Haemonetics (HAE) Q1 2027 Earnings

Reported Aug 6, 2026 at 6:07 AM ET · SEC Source

Q1 27 EPS Adjusted

$1.14

Q1 27 Revenue

$339.4M

vs S&P Since Q1 27

+8.7%

BEATING MARKET

HAE +9.3% vs S&P +0.5%

Market Reaction

Did HAE Beat Earnings? Q1 2027 Results

Haemonetics kicked off fiscal 2027 on solid footing, posting first-quarter revenue of $339.38 million, up 5.6% year-over-year, and adjusted EPS of $1.14, marking the company's fourth consecutive quarter of beating consensus EPS estimates. The standou… Read more Haemonetics kicked off fiscal 2027 on solid footing, posting first-quarter revenue of $339.38 million, up 5.6% year-over-year, and adjusted EPS of $1.14, marking the company's fourth consecutive quarter of beating consensus EPS estimates. The standout driver was the Plasma sub-segment, which generated $155.52 million in revenue with 7.2% reported growth as Haemonetics continued to gain market share, while Blood Management Technologies added $88.12 million at an 8.6% clip and Interventional Technologies returned to growth at $59.94 million, up 2.5%. Recent real-world clinical data supporting the VASCADE MVP XL vascular closure system reinforced the commercial case for the Interventional Technologies portfolio heading into the remainder of the fiscal year. Encouraged by the broad-based momentum, management raised its full-year revenue growth outlook to 5-8% on a reported basis, up from a prior range of 4-7%, while reaffirming expectations for 50-100 basis points of adjusted operating margin expansion and free cash flow conversion of approximately 80%, signaling measured but genuine confidence in the company's trajectory.

Key Takeaways

  • Plasma market share gains driving 8.2% organic growth in Plasma sub-segment
  • Blood Management Technologies sustained momentum with 8.1% organic growth
  • Interventional Technologies returned to growth with 2.8% organic growth
  • Portfolio transformation to higher-margin offerings
  • Favorable working capital adjustments from timing of receivable collections driving significant cash flow improvement

HAE Forward Guidance & Outlook

Haemonetics raised its fiscal 2027 guidance: reported revenue growth of 5-8% (up from 4-7%), organic revenue growth of 4-7% (up from 3-6%), with approximately 2% headwind from 53rd week impact and 0-1% currency impact. Adjusted operating margin expected to expand 50-100 basis points year-over-year. Adjusted EPS growth expected to be comparable to reported revenue growth. Free cash flow conversion expected at approximately 80%. Segment guidance calls for low- to mid-single-digit Apheresis growth (raised from low-single-digit) and mid-single-digit MedSurg growth.

24/7 Wall St

HAE YoY Financials

Q1 2027 vs Q1 2026, source: SEC Filings

24/7 Wall St

HAE Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 26 Q1 27

“We had a strong start to fiscal 2027, gaining Plasma share, sustaining Blood Management Technologies momentum, and returning Interventional Technologies to growth. With our evolved portfolio, transformed operating model and disciplined execution, we are strengthening our competitive position and demonstrating the durable growth of our diversified businesses. We raised full-year guidance, and Haemonetics is well-positioned to deliver sustainable long-term growth and shareholder value.”

— Chris Simon, Q1 2027 Earnings Press Release