Enovis reported a challenging fourth quarter with a significant net loss due to a $501 million non-cash goodwill impairment charge, despite achieving 3% reported sales growth. The company saw continued momentum in its Reconstructive segment while the Prevention & Recovery segment remained stable, and management highlighted positive free cash flow and debt reduction for the full year.
Fourth quarter net sales grew 3% on a reported basis to $576 million, driven by 7% growth in the Reconstructive segment.
The company recorded a massive $519 million net loss from continuing operations, primarily due to a $501 million non-cash goodwill impairment charge.
Adjusted EBITDA for the quarter was $112 million, with an adjusted EBITDA margin of 19.4%.
Full year 2025 organic sales growth reached 6%, with the Reconstructive segment leading at 8% organic growth.
Enovis expects continued growth in 2026 with revenue reaching up to $2.37 billion and improved adjusted earnings.
Visualization of income flow from segment revenue to net income
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