Envista

Envista (NVST) Q1 2026 Earnings

Reported May 6, 2026 at 4:12 PM ET · SEC Source

Q1 26 EPS

$0.36

BEAT +14.94%

Est. $0.31

Q1 26 Revenue

$705.5M

BEAT +3.74%

Est. $680.1M

vs S&P Since Q1 26

-7.9%

TRAILING MARKET

NVST -6.6% vs S&P +1.3%

Market Reaction

Did NVST Beat Earnings? Q1 2026 Results

Envista Holdings posted a strong first quarter for fiscal 2026, beating Wall Street expectations on both the top and bottom lines as broad-based momentum across its dental segments drove results well ahead of forecasts. The company reported adjusted … Read more Envista Holdings posted a strong first quarter for fiscal 2026, beating Wall Street expectations on both the top and bottom lines as broad-based momentum across its dental segments drove results well ahead of forecasts. The company reported adjusted diluted EPS of $0.36, clearing the $0.31 consensus estimate by 14.94%, while revenue of $705.50 million topped the $680.07 million consensus by 3.74% and grew 14.4% year over year. The standout driver was Equipment & Consumables, which delivered 11.5% core growth and saw GAAP operating margins expand sharply to 18.9% from 14.7% a year ago, contributing to a 50% year-over-year surge in adjusted EPS and a 25% climb in adjusted EBITDA to $98.90 million. The Envista Business System contributed 120 basis points of adjusted EBITDA margin expansion, lifting the margin to 14.0%. Despite some volatility in the stock following the report, management reaffirmed full-year 2026 guidance calling for core sales growth of 2% to 4% and adjusted diluted EPS in the range of $1.35 to $1.45, signaling confidence in the company's trajectory amid a complex macro backdrop.

Key Takeaways

  • 9.5% core revenue growth driven by customer engagement and new product commercialization
  • Envista Business System (EBS) contributed 100 bps of gross margin and 120 bps of adjusted EBITDA margin expansion
  • All major businesses delivered positive growth
  • Favorable currency translation contributing 4.3 percentage points to reported growth

NVST Forward Guidance & Outlook

Envista reaffirmed full-year 2026 guidance: core sales growth of 2% to 4%, adjusted EBITDA growth of 7% to 13%, adjusted diluted EPS of $1.35 to $1.45, and free cash conversion of approximately 100%. The company does not provide forward-looking estimates on a GAAP basis.

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NVST YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

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NVST Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26

“We delivered a good start to 2026, with first quarter results reflecting continued strong execution and progress in support of our strategic priorities.”

— Paul Keel, Q1 2026 Earnings Press Release