Envista (NVST) Q3 2025 Earnings
Reported Oct 29, 2025 at 4:57 PM ET · SEC Source
Q3 25 EPS
$0.32
BEAT +15.94%
Est. $0.28
Q3 25 Revenue
$669.9M
BEAT +4.55%
Est. $640.8M
vs S&P Since Q3 25
+26.2%
BEATING MARKET
NVST +35.2% vs S&P +9.0%
Market Reaction
Did NVST Beat Earnings? Q3 2025 Results
Envista Holdings posted a convincing beat across the board in the third quarter of fiscal 2025, with adjusted diluted EPS of $0.32 clearing the $0.28 consensus estimate by 15.94% and revenue of $669.90 million topping expectations by 4.55% on 11.5% y… Read more Envista Holdings posted a convincing beat across the board in the third quarter of fiscal 2025, with adjusted diluted EPS of $0.32 clearing the $0.28 consensus estimate by 15.94% and revenue of $669.90 million topping expectations by 4.55% on 11.5% year-over-year growth. The primary engine behind the quarter's strength was the Specialty Products & Technologies segment, which grew total sales 13.0% to $431.50 million, while Equipment & Consumables contributed 8.7% growth to $238.40 million, together reflecting broad-based momentum across the dental portfolio. Profitability expanded sharply, with adjusted EBITDA rising 77% to $97.10 million and adjusted EBITDA margin widening 540 basis points to 14.5%. A GAAP net loss of $30.30 million, driven by a $61.20 million discrete tax charge from intercompany loan restructuring, obscured the underlying operating progress. Management responded to the quarter's performance by raising full-year core sales growth guidance to approximately 4% and tightening adjusted diluted EPS guidance to $1.10 to $1.15, though some analysts flag potential headwinds from China's next round of volume-based procurement into 2026.
Key Takeaways
- • Core sales growth of 9.4% in Q3 2025
- • All major businesses delivered positive growth
- • Spark aligners captured market share and achieved positive operating margin
- • Envista Business System (EBS) drove broad-based operational contributions
- • Specialty Products & Technologies segment posted 10.6% core sales growth
- • Adjusted EBITDA margin expanded 540 bps year-on-year to 14.5%
- • Adjusted gross margin improved to 56.1% from 52.8%
NVST YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
NVST Revenue by Segment
With YoY comparisons, source: SEC Filings
“This was another strong quarter for Envista, with core growth, adjusted EBITDA, and adjusted EPS all ahead of expectations.”
— Paul Keel, Q3 2025 Earnings Press Release
NVST Earnings Trends
NVST vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
NVST EPS Trend
Earnings per share: estimate vs actual
NVST Revenue Trend
Quarterly revenue: estimate vs actual
NVST Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.31 | $0.36 | +14.94% | $705.5M | +3.74% |
| Q4 25 BEAT FY | $0.32 | $0.38 | +17.65% | $750.6M | +10.39% |
| FY Full Year | — | $1.19 | — | $2.72B | — |
| Q3 25 BEAT | $0.28 | $0.32 | +15.94% | $669.9M | +4.55% |
| Q2 25 BEAT | $0.23 | $0.26 | +13.54% | $682.1M | +6.53% |