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Apr 30
Agilent Q2 2025 Earnings Report
Agilent reported strong financial results for the second quarter of fiscal year 2025, with revenue of $1.67 billion and non-GAAP EPS of $1.31, driven by the Ignite Transformation initiative.
Key Takeaways
Agilent Technologies delivered a strong second quarter in fiscal year 2025, reporting revenue of $1.67 billion, a 6.0% increase year-over-year. GAAP net income was $215 million, or $0.75 per share, while non-GAAP net income reached $373 million, or $1.31 per share, showing a 7% increase in non-GAAP EPS compared to the prior year. The company's performance was attributed to its Ignite Transformation initiative.
Second quarter fiscal year 2025 revenue was $1.67 billion, up 6.0% reported and 5.3% core year-over-year.
GAAP net income was $215 million, resulting in $0.75 diluted EPS, a decrease of 29% from the prior year.
Non-GAAP net income was $373 million, resulting in $1.31 diluted EPS, an increase of 7% from the prior year.
The Life Sciences and Diagnostics Markets Group, Agilent CrossLab Group, and Applied Markets Group reported revenues of $654 million, $713 million, and $301 million respectively.
Agilent
Agilent
Agilent Revenue by Segment
Revenue by Segment
Life Sciences & Diag. Revenue
CapyFin.comAgilent CrossLab Revenue
CapyFin.comApplied Markets Revenue
CapyFin.com Forward Guidance
Agilent provided updated guidance for the full fiscal year 2025 and outlook for the third quarter of fiscal year 2025.
Positive Outlook
- Full-year revenue outlook is now in the range of $6.73 billion to $6.81 billion, representing growth of 3.4% to 4.6% reported.
- Full-year core revenue growth is maintained at 2.5% to 3.5%.
- Full-year non-GAAP EPS is expected in the range of $5.54 to $5.61.
- Q3 revenue outlook is expected to be in the range of $1.645 billion to $1.675 billion, an increase of 4.2% to 6.1% reported.
- Q3 non-GAAP EPS is expected in the range of $1.35 to $1.37 per share.
Challenges Ahead
- Core revenue growth projection for Q3 is 1.7% to 3.6%, which is lower than reported growth.
- Guidance is based on forecasted currency exchange rates, which can fluctuate.
- Non-GAAP EPS guidance excludes certain items that can have a material impact on GAAP results.
- Future amortization of intangibles is expected to be approximately $25 million per quarter, impacting GAAP EPS.
- Guidance is subject to various risks and uncertainties outlined in the forward-looking statements.
Revenue & Expenses
Visualization of income flow from segment revenue to net income