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Oct 31, 2021

Agilent Q4 2021 Earnings Report

Agilent reported a record-setting performance in Q4 2021, with revenue up 12% and EPS up 104%.

Key Takeaways

Agilent Technologies Inc. reported strong fourth-quarter results, with revenue reaching $1.66 billion, a 12% increase year over year. GAAP net income was $442 million, or $1.45 per share, while non-GAAP net income was $368 million, or $1.21 per share. The company's fiscal year 2021 also saw record revenue of $6.32 billion, an 18% increase over the previous year.

Revenue of $1.66 billion, up 12% year over year.

GAAP net income of $442 million, or $1.45 per share, up 104%.

Non-GAAP net income of $368 million, or $1.21 per share, up 23%.

Fiscal year 2021 revenue of $6.32 billion, up 18%.

Total Revenue
$1.66B
Previous year: $1.48B
+11.9%
EPS
$1.21
Previous year: $0.98
+23.5%
LSAG Operating Margin
26.6%
Previous year: 0.25%
+10625.8%
Gross Profit
$900M
Previous year: $788M
+14.2%
Cash and Equivalents
$1.48B
Previous year: $1.44B
+3.0%
Free Cash Flow
$379M
Previous year: $350M
+8.3%
Total Assets
$10.7B
Previous year: $9.63B
+11.2%

Agilent

Agilent

Agilent Revenue by Segment

Forward Guidance

Agilent expects fiscal year 2022 revenue to be in the range of $6.65 billion to $6.73 billion, representing reported growth of 5.2% to 6.5%. Fiscal year 2022 non-GAAP earnings per share is expected to be in the range of $4.76 to $4.86. For the first quarter of fiscal year 2022, revenue is expected to be in the range of $1.64 billion to $1.66 billion, with non-GAAP earnings per share in the range of $1.16 to $1.18.

Revenue & Expenses

Visualization of income flow from segment revenue to net income