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Jan 31

Cooper Q1 2025 Earnings Report

CooperCompanies reported revenue growth and improved margins in Q1 2025.

Key Takeaways

CooperCompanies reported Q1 2025 revenue of $964.7 million, a 4% increase year-over-year. The company saw growth across its divisions, with CooperVision revenue up 4% to $646.1 million and CooperSurgical revenue up 3% to $318.6 million. GAAP net income reached $104.3 million, translating to diluted EPS of $0.52, while non-GAAP EPS came in at $0.92. Operating income was $182.0 million, with a 19% operating margin. Free cash flow stood at $101.2 million, driven by strong operational performance.

Total revenue increased 4% year-over-year to $964.7 million.

CooperVision revenue grew 4%, while CooperSurgical revenue rose 3%.

GAAP EPS was $0.52, and non-GAAP EPS increased to $0.92.

Free cash flow reached $101.2 million, reflecting strong cash generation.

Total Revenue
$965M
Previous year: $932M
+3.6%
EPS
$0.92
Previous year: $0.85
+8.2%
Gross margin
68%
Previous year: 67%
+1.5%
Operating margin
19%
Previous year: 16%
+18.8%
Gross Profit
$660M
Previous year: $624M
+5.8%
Cash and Equivalents
$101M
Previous year: $135M
-25.4%
Free Cash Flow
$101M
Previous year: $4.6M
+2100.0%
Total Assets
$12.2B
Previous year: $12B
+1.6%

Cooper

Cooper

Cooper Revenue by Segment

Cooper Revenue by Geographic Location

Forward Guidance

CooperCompanies expects continued revenue growth in fiscal 2025, with an updated EPS outlook.

Positive Outlook

  • Total FY 2025 revenue projected between $4.08B and $4.16B.
  • CooperVision revenue expected between $2.73B and $2.79B.
  • CooperSurgical revenue forecasted between $1.35B and $1.37B.
  • Non-GAAP EPS raised to $3.94 - $4.02 for FY 2025.
  • Operational efficiency gains expected to support margin improvements.

Challenges Ahead

  • Foreign currency fluctuations may impact revenue growth.
  • Macroeconomic uncertainties could affect consumer spending.
  • Increased regulatory compliance costs may pressure margins.
  • Potential supply chain disruptions could impact inventory levels.
  • Interest expense remains a headwind despite a slight decrease.

Revenue & Expenses

Visualization of income flow from segment revenue to net income