Integer Holdings Corp reported second-quarter 2026 results with revenue of $464.1M and diluted EPS of $0.69, as revenue declined modestly year‑over‑year and net income fell to $23.6M amid margin pressure and restructuring activity.

Financial Highlights

• Revenue was $464.1M, compared with $476.5M in the prior-year quarter; YoY change (2.6%).
• Net income was $23.6M, compared with $37M in the prior-year quarter; YoY change (36.2%).
• Diluted EPS was $0.69, compared with $1.04 in the prior-year quarter; YoY change (33.7%).

Business Highlights

• Sales trend: Revenue was down roughly 1–3% year‑over‑year for the quarter and year‑to‑date, driven in part by lower adoption of three recently launched products.
• Product mix: CRM&N sales showed modest year‑over‑year growth, while Other Markets declined about 43–45% following the exit from Portable Medical.
• Margins and operations: Gross margin compressed to the mid‑20s percent range (approximately 24–27%) due to lower fixed cost absorption from reduced volumes.
• Restructuring and integration: The company increased restructuring, impairment and integration activities to realign manufacturing and integrate recent tuck‑in acquisitions.
• Outlook and strategy: Management is monitoring macro and supply risks while pursuing selective acquisitions, ERP and IT improvements, and commercialization efforts to restore growth.

Original SEC Filing: Integer Holdings Corp [ ITGR ] - 10-Q - Aug. 04, 2026