Integer Holdings (ITGR)
NYSE:ITGR
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Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.38Last Year’s EPS
1.55Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed a mixed picture: a modest top-line improvement in Q1 (reported +0.5%, organic +1.3%) and several strategic positives (share buybacks, lower interest expense, targeted cost actions, pipeline strength and a Board-initiated strategic review) were offset by meaningful near-term profitability pressures (adjusted operating income down 14%, margin contraction of 230 bps), weaker cash flow in Q1, and a downward revision to full-year 2026 revenue and profit guidance. Management characterizes the demand softness—primarily in electrophysiology—as temporary normalization and emphasized actions to protect long-term growth, but the guidance cuts and margin contraction represent notable near-term headwinds.Company Guidance
Quarterly Revenue Growth
Q1 2026 sales of $440 million, up 0.5% on a reported basis and up 1.3% on an organic basis versus the prior year.
Strength in Core Product Lines (C&V and CRM&N)
Cardio & Vascular sales of $262 million, up 1% in Q1 and up 13% on a trailing 4-quarter basis to $1.110 billion driven by EP, acquisitions and Neurovascular demand. Cardiac Rhythm Management & Neuromodulation sales of $168 million, up 5% in Q1; trailing 4-quarter CRM&N sales up 2% to $677 million.
Earnings Per Share Benefited from Lower Interest and Buybacks
Adjusted EPS of $1.20 in Q1; benefited from $4 million lower interest expense (added approximately $0.10 per share) and share repurchases (completed $50 million in Q4 2025 and $50 million in Q1 2026, reducing weighted average shares ~2% and adding ~$0.02 to EPS).
Targeted Cost Actions and Margin Recovery Plan
Company is implementing additional near-term cost reduction actions (designed not to compromise customer service or long-term growth) and expects Q2 adjusted operating income margin to improve 80–140 basis points sequentially with margins improving throughout 2026.
Balance Sheet Discipline and Leverage in Target Range
Net total debt of $1.264 billion (up $74 million QoQ) yields a net total debt leverage of 3.2x trailing 4-quarter adjusted EBITDA, which is inside the company’s strategic target range of 2.5x–3.5x.
Strategic Review Initiated to Maximize Shareholder Value
Board initiated a strategic review in response to heightened interest; review may consider a range of alternatives while management reiterates confidence in the stand‑alone strategy and long-term objectives.
Long-Term Market Position and Pipeline
Management reiterates confidence in attractive med-tech end markets (target market growth 4%–6%), a robust new product pipeline and the expectation to return to organic sales growth ~200 basis points above market in 2027.
Cash Deployment and Capital Plan
Continued share repurchases (totaling ~$100 million across Q4 2025 and Q1 2026) and guidance for 2026 CapEx of $95–105 million (~5%–6% of sales), with expected free cash flow of $85–105 million for the year.
ITGR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ITGR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $83.67 | $88.51 | +5.78% |
Feb 19, 2026 | $86.48 | $83.00 | -4.02% |
Oct 24, 2025 | $73.89 | $72.91 | -1.33% |
Jul 24, 2025 | $115.77 | $107.10 | -7.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Integer Holdings (ITGR) report earnings?
Integer Holdings (ITGR) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is Integer Holdings (ITGR) earnings time?
Integer Holdings (ITGR) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ITGR EPS forecast?
ITGR EPS forecast for the fiscal quarter 2026 (Q2) is 1.38.