Revvity, Inc.'s SEC filings document operating results, governance matters and capital-structure disclosures for a Massachusetts-incorporated life sciences and diagnostics company. Its 8-K reports furnish quarterly and annual financial results, preliminary performance updates, Regulation FD investor presentation materials and other material-event disclosures.
Proxy and annual-meeting filings describe director elections, auditor ratification, advisory executive-compensation votes and shareholder-approved bylaw amendments, including the ability of holders of 25% of the company's stock to call a special meeting. Other current reports identify registered securities, including RVTY common stock and 1.875% notes due 2026 listed on the New York Stock Exchange, as well as officer appointments and related governance changes.
Revvity (RVTY) 10-Q – Q2 FY25 highlights
Total revenue rose 4% YoY to $720.3 m, with Life Sciences +5% and Diagnostics +3%. 1H revenue reached $1.39 bn (+3%). Gross margin slipped 123 bp to 54.5% as tariffs and mix offset price increases. SG&A efficiencies trimmed opex, lifting operating income 6% to $90.8 m and widening operating margin 20 bp to 12.6%.
Profitability
- Income from continuing ops fell 24% to $55.2 m; net income dipped 3% to $53.9 m due to lower discontinued-ops losses.
- Diluted EPS held at $0.46 (net) as a 5% share count reduction offset lower earnings.
Cash & Balance Sheet
- Operating cash flow from continuing ops declined 19% to $268.4 m; FCF after capex ≈ $233 m.
- Cash fell to $991.8 m (-15%) after $447.5 m of buybacks and $16.7 m of dividends.
- Long-term debt increased to $3.21 bn; net cash/(debt) now ≈ -$2.22 bn.
Capital returns
- Repurchased 4.43 m shares YTD for $443 m; $414.5 m remains on the $1 bn program.
- Quarterly dividend maintained at $0.07.
Other items: Intangible amortization $85.3 m; FX translation pushed OCI positive by $159 m; no goodwill impairments. Management warns FY25 gross profit could be cut ~$20 m by tariffs despite mitigation efforts.
Takeaway: Top-line momentum is steady and cost control improving operating margin, but core earnings, cash generation and gross margin are under pressure. Heavy buybacks temper EPS erosion while leverage inches higher.