Revvity (RVTY) financial statements
Revvity reported revenue of $2.9B in fiscal 2025, up 3.4% a year over 9 years.
Net income was $241M and the operating margin 12.5%, against 13.9% in 2016.
Free cash flow was $509M, and the company returned $33M in dividends and $821M in net buybacks.
The diluted share count rose 6% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Revvity's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1B | $2.3B | $2.8B | $2.9B | $3.8B | $5.1B | $3.3B | $2.8B | $2.8B | $2.9B |
| Cost of revenue | $665M | $709M | $1.4B | — | — | — | — | — | — | — |
| Gross profit | $1.0B | $1.1B | $1.3B | $1.4B | $2.1B | $2.4B | $2.0B | — | — | — |
| Research and development | $124M | $139M | $194M | $189M | $205M | $275M | $222M | $217M | $197M | $216M |
| Selling, general and admin | $590M | $626M | $812M | $815M | $918M | $1.2B | $1.0B | $1.0B | $994M | $992M |
| Operating income | $295M | $296M | $324M | $362M | $979M | $1.3B | $743M | $301M | $347M | $357M |
| Interest expense | $42M | $44M | $67M | $64M | $50M | — | $104M | $99M | $96M | $92M |
| Pre-tax income | $244M | $297M | $258M | $237M | $906M | $1.3B | $652M | $183M | $316M | $268M |
| Income tax | $28M | $140M | $20M | $9M | $178M | $337M | $139M | $3M | $33M | $28M |
| Net income | $234M | $293M | $238M | $228M | $728M | $943M | $569M | $693M | $270M | $241M |
| EPS (diluted) | $2.12 | $2.64 | $2.13 | $2.04 | $6.49 | $8.08 | $4.50 | $5.55 | $2.20 | $2.07 |
| Diluted shares | 110M | 111M | 112M | 112M | 112M | 117M | 126M | 125M | 123M | 117M |
| Gross margin | 47.9% | 47.6% | 48.3% | 48.4% | 55.8% | 48.0% | 60.1% | — | — | — |
| Operating margin | 13.9% | 13.1% | 11.7% | 12.6% | 25.9% | 26.3% | 22.4% | 10.9% | 12.6% | 12.5% |
| Net margin | 11.1% | 13.0% | 8.6% | 7.9% | 19.2% | 18.6% | 17.2% | 25.2% | 9.8% | 8.4% |
Balance sheet
Fiscal years, from Revvity's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $359M | $202M | $163M | $192M | $387M | $603M | $454M | $1.6B | $1.2B | $920M |
| Receivables | $426M | $552M | $633M | $725M | $1.2B | $708M | $613M | $633M | $632M | $745M |
| Inventory | $247M | $352M | $338M | $357M | $515M | $426M | $405M | $428M | $368M | $379M |
| Total current assets | $1.2B | $1.2B | $1.2B | $1.4B | $2.2B | $2.4B | $3.3B | $3.0B | $2.3B | $2.2B |
| Property, plant and equipment | $145M | $298M | $319M | $318M | $368M | $486M | $483M | $510M | $482M | $479M |
| Goodwill | $2.2B | $3.0B | $3.0B | $3.1B | $2.6B | $6.6B | $6.5B | $6.5B | $6.5B | $6.6B |
| Total assets | $4.3B | $6.1B | $6.0B | $6.5B | $8.0B | $15.0B | $14.1B | $13.6B | $12.4B | $12.2B |
| Total current liabilities | $603M | $951M | $772M | $763M | $1.7B | $1.2B | $1.5B | $1.5B | $653M | $1.3B |
| Long-term debt | $1.0B | $1.8B | $1.9B | $2.1B | $1.6B | $5.0B | $3.9B | $3.2B | $3.2B | $2.6B |
| Total liabilities | $2.1B | $3.6B | $3.4B | $3.7B | $4.2B | $7.9B | $6.7B | $5.7B | $4.7B | $4.9B |
| Shareholders' equity | $2.2B | $2.5B | $2.6B | $2.8B | $3.7B | $7.1B | $7.4B | $7.9B | $7.7B | $7.3B |
| Net debt | $687M | $1.8B | $1.7B | $1.9B | $1.6B | $4.4B | $3.9B | $3.0B | $2.0B | $2.3B |
Cash flow
Fiscal years, from Revvity's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $351M | $288M | $311M | $363M | $892M | $1.4B | $680M | $91M | $628M | $583M |
| Capital spending | $32M | $39M | $93M | $76M | $64M | $86M | $86M | $81M | $87M | $74M |
| Free cash flow | $319M | $249M | $218M | $287M | $829M | $1.3B | $594M | $10M | $542M | $509M |
| Stock-based compensation | $17M | $25M | $29M | $32M | $27M | $30M | $52M | $41M | $38M | $23M |
| Dividends paid | $31M | $31M | $31M | $31M | $31M | $32M | $35M | $35M | $34M | $33M |
| Share buybacks (net) | -$152M | -$4M | -$57M | -$6M | -$7M | -$73M | -$81M | -$389M | -$370M | -$821M |
| Free cash flow margin | 15.1% | 11.0% | 7.8% | 10.0% | 21.9% | 26.1% | 17.9% | 0.4% | 19.7% | 17.8% |
| Dividends per share | $0.28 | $0.28 | $0.28 | $0.28 | $0.28 | $0.28 | $0.28 | $0.28 | $0.28 | $0.28 |
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Open RVTY in InvestinglyQuestions
What was Revvity's revenue in 2025?
$2.9B in fiscal 2025, from its 10-K filing.
How much free cash flow does Revvity generate?
$509M in fiscal 2025 (operating cash flow minus capital spending).
From Revvity's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.