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.
NVST YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
NVST Revenue by Segment
With YoY comparisons, source: SEC Filings
“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
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% |