Charles River raises 2026 guidance; Q2 GAAP loss of $0.03 per share on divestitures
Charles River reported second-quarter 2026 revenue of $1.00 billion, down 2.7% from a year earlier, and non-GAAP earnings per share of $3.02, down 3.2%. A $63.7 million loss on the CDMO and Cell Solutions divestiture produced a GAAP net loss of $(1.5) million, or $(0.03) per diluted share. The company raised its 2026 non-GAAP EPS guidance but lowered its GAAP EPS guidance.
Key points
- Q2 revenue $1.00 billion, down 2.7% from $1.03 billion; organic revenue up 0.1%
- GAAP net loss $(1.5) million, or $(0.03) per diluted share, vs. net income of $52.3 million, or $1.06, a year earlier
- Non-GAAP EPS $3.02, down 3.2% from $3.12; non-GAAP operating margin 20.5% vs. 22.1%
- 2026 non-GAAP EPS guidance raised to $11.15–$11.45 from $10.80–$11.30; GAAP EPS guidance cut to $3.05–$3.35 from $5.35–$5.85
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.