LivaNova (LIVN)

Nasdaq Health Care Health Care Equipment S&P MidCap 400

$89.99

-1.15 (-1.26%)

Close of Nov 06, 2026 · end-of-day data

Source: LivaNova's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$964.86M	$1.01B	$1.11B	$1.08B	$934.24M	$1.04B	$1.02B	$1.15B	$1.25B	$1.39B
Cost of revenue	$367.85M	$353.19M	$361.32M	$360.37M	$339.48M	$329.37M	$314.58M	$397.73M	$399.95M	$448.18M
Gross profit	$559.51M	$651.62M	$745.64M	$723.80M	$594.76M	$705.99M	$707.23M	$755.82M	$853.48M	$939.87M
Research & development	$82.08M	$109.52M	$145.95M	$146.85M	$152.90M	$183.41M	$155.81M	$193.82M	$182.51M	$185.76M
Selling, general & admin	$355.16M	$380.10M	$464.97M	$528.47M	$446.56M	$471.90M	$469.24M	$502.70M	$508.88M	$548.81M
Operating income	$33.45M	$96.49M	-$248.07M	-$171.55M	-$273.90M	-$784.00K	-$76.75M	-$68.50M	$129.05M	$199.39M
Interest expense	$10.62M	$7.80M	$9.82M	$15.09M	$40.84M	$50.15M	$48.25M	$58.85M	$63.07M	$49.29M
Pre-tax income	$25.67M	$121.14M	-$247.45M	-$188.38M	-$348.02M	-$124.47M	-$75.14M	-$81.23M	$88.31M	-$220.78M
Income tax	$5.11M	$49.95M	-$69.63M	-$30.37M	-$960.00K	$11.20M	$11.05M	-$98.88M	$25.06M	$21.64M
Net income	-$62.79M	-$25.09M	-$189.40M	-$157.64M	-$348.82M	-$135.82M	-$86.25M	$17.55M	$63.23M	-$242.47M
EBITDA	$118.81M	$133.54M	-$215.33M	-$141.24M	-$244.87M	$23.75M	-$54.38M	-$43.76M	$154.16M	$227.95M
EPS (basic)	$-1.29	$-0.52	$-3.91	$-3.21	$-7.18	$-2.68	$-1.61	$0.33	$1.17	$-4.45
EPS (diluted)	$-1.28	$-0.52	$-3.91	$-3.26	$-7.18	$-2.68	$-1.61	$0.32	$1.16	$-4.45
Diluted shares	49.01M	48.50M	48.50M	48.35M	48.59M	50.63M	53.47M	54.21M	54.57M	54.55M
Gross margin	58.0%	64.4%	67.4%	66.8%	63.7%	68.2%	69.2%	65.5%	68.1%	67.7%
Operating margin	3.5%	9.5%	-22.4%	-15.8%	-29.3%	-0.1%	-7.5%	-5.9%	10.3%	14.4%
Net margin	-6.5%	-2.5%	-17.1%	-14.5%	-37.3%	-13.1%	-8.4%	1.5%	5.0%	-17.5%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$39.79M	$93.61M	$47.20M	$61.14M	$252.83M	$207.99M	$214.17M	$266.50M	$428.86M	$635.55M
Receivables	$213.26M	$282.14M	$256.13M	$257.77M	$184.36M	$185.35M	$183.11M	$215.07M	$193.16M	$215.99M
Inventory	$133.02M	$144.47M	$153.53M	$164.15M	$115.28M	$105.84M	$129.38M	$147.89M	$147.57M	$164.70M
Total current assets	$812.69M	$869.86M	$533.30M	$549.44M	$708.04M	$679.18M	$886.14M	$988.16M	$1.13B	$1.10B
Goodwill	$691.71M	$784.24M	$956.82M	$915.79M	$922.32M	$899.52M	$768.79M	$782.94M	$750.01M	$792.84M
Total assets	$2.34B	$2.50B	$2.55B	$2.41B	$2.40B	$2.20B	$2.29B	$2.43B	$2.51B	$2.61B
Total current liabilities	$349.89M	$406.02M	$496.75M	$512.55M	$309.05M	$696.97M	$297.40M	$334.98M	$392.12M	$808.07M
Short-term debt	$47.65M	$84.03M	$28.79M	$77.40M	$13.34M	$229.67M	$23.43M	$18.11M	$78.00M	$31.47M
Long-term debt	$75.22M	$61.96M	$139.54M	$260.33M	$642.30M	$9.85M	$518.07M	$568.54M	$549.62M	$345.19M
Total debt	$122.86M	$145.99M	$168.33M	$337.73M	$655.64M	$239.52M	$541.50M	$586.65M	$627.63M	$376.66M
Total liabilities	$635.72M	$688.58M	$1.05B	$1.03B	$1.29B	$906.31M	$1.09B	$1.15B	$1.19B	$1.41B
Shareholders' equity	$1.71B	$1.82B	$1.50B	$1.38B	$1.11B	$1.29B	$1.21B	$1.28B	$1.32B	$1.20B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$90.15M	$91.34M	$120.49M	-$91.14M	-$79.42M	$102.54M	$69.92M	$74.91M	$183.04M	$254.34M
Capital expenditures	$38.36M	$32.93M	$37.19M	$24.69M	$35.02M	$25.48M	$26.52M	$34.98M	$47.11M	$81.05M
Free cash flow	$51.79M	$58.41M	$83.30M	-$115.83M	-$114.45M	$77.07M	$43.40M	$39.93M	$135.93M	$173.29M
Investing cash flow	-$44.52M	-$52.85M	-$120.56M	-$41.29M	-$41.84M	$36.90M	-$38.41M	-$40.33M	-$48.16M	-$72.91M
Financing cash flow	-$118.04M	$11.29M	-$42.35M	$146.58M	$310.76M	-$181.48M	$280.13M	$21.48M	$18.55M	-$285.66M
Share buybacks	$54.49M	$0	$50.00M	$0	$0	—	—	—	—	—
Stock-based compensation	$19.57M	$19.06M	$26.92M	$32.55M	$35.09M	$40.56M	$44.81M	$36.35M	$33.93M	$36.29M
Depreciation & amortization	$85.36M	$37.05M	$32.75M	$30.32M	$29.03M	$24.54M	$22.37M	$24.74M	$25.10M	$28.56M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$310.13M	$294.91M	$318.57M	$318.12M	$321.83M	$316.86M	$352.52M	$357.75M	$360.92M	$362.26M	$390.59M	$393.15M
Cost of revenue	$135.40M	$91.70M	$103.70M	$97.09M	$107.46M	$100.60M	$113.54M	$112.90M	$121.15M	$118.51M	$116.92M	$128.10M
Gross profit	$174.74M	$203.21M	$214.88M	$221.03M	$214.37M	$216.25M	$238.99M	$244.85M	$239.77M	$243.75M	$273.67M	$265.05M
Research & development	$46.17M	$45.66M	$44.74M	$48.80M	$43.31M	$37.88M	$47.19M	$48.58M	$52.12M	$58.70M	$53.66M	$47.69M
Selling, general & admin	$117.90M	$125.68M	$125.13M	$127.43M	$130.64M	$129.15M	$137.78M	$138.52M	$143.37M	$143.57M	$158.13M	$154.93M
Operating income	-$87.99M	$16.25M	$40.17M	$35.62M	$37.02M	$48.62M	$54.18M	$54.01M	$42.58M	$41.47M	$49.48M	$28.43M
Interest expense	$15.62M	$15.89M	$15.53M	$15.88M	$15.77M	$15.29M	$14.93M	$10.86M	$8.21M	$8.29M	$7.18M	$7.95M
Pre-tax income	-$94.30M	-$34.20M	$21.59M	$44.44M	$56.48M	-$315.65M	$33.32M	$33.91M	$27.63M	$27.48M	$18.48M	$46.77M
Income tax	-$110.65M	$7.72M	$5.23M	$11.53M	$589.00K	$11.66M	$6.15M	$7.11M	-$3.28M	$4.34M	-$90.20M	$12.40M
Net income	$16.34M	-$41.94M	$16.33M	$32.95M	$55.89M	-$327.32M	$27.16M	$26.78M	$30.91M	$22.29M	$108.57M	$34.29M
EBITDA	-$81.83M	$22.51M	$46.34M	$41.86M	$43.44M	$55.04M	$61.06M	$61.73M	$50.13M	$49.77M	$58.24M	$37.53M
EPS (basic)	$0.31	$-0.78	$0.30	$0.61	$1.03	$-6.01	$0.50	$0.49	$0.56	$0.41	$1.98	$0.62
EPS (diluted)	$0.30	$-0.78	$0.30	$0.60	$1.03	$-6.01	$0.50	$0.49	$0.56	$0.40	$1.93	$0.11
Diluted shares	105.00K	54.01M	54.59M	54.59M	48.00K	54.42M	54.71M	55.15M	19.00K	55.94M	56.27M	57.37M
Gross margin	56.3%	68.9%	67.4%	69.5%	66.6%	68.3%	67.8%	68.4%	66.4%	67.3%	70.1%	67.4%
Operating margin	-28.4%	5.5%	12.6%	11.2%	11.5%	15.3%	15.4%	15.1%	11.8%	11.4%	12.7%	7.2%
Net margin	5.3%	-14.2%	5.1%	10.4%	17.4%	-103.3%	7.7%	7.5%	8.6%	6.2%	27.8%	8.7%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$266.50M	$309.19M	$329.24M	$346.37M	$428.86M	$738.44M	$593.64M	$646.08M	$635.55M	$539.71M	$516.62M	$563.47M
Receivables	$215.07M	$209.43M	$200.89M	$197.16M	$193.16M	$202.08M	$220.19M	$211.58M	$215.99M	$229.27M	$231.30M	$236.37M
Inventory	$147.89M	$153.18M	$154.72M	$162.26M	$147.57M	$154.02M	$165.35M	$167.54M	$164.70M	$165.50M	$172.61M	$177.88M
Total current assets	$988.16M	$1.04B	$1.05B	$1.09B	$1.13B	$1.17B	$1.07B	$1.10B	$1.10B	$1.01B	$1.03B	$1.08B
Goodwill	$782.94M	$771.82M	$766.37M	$781.55M	$750.01M	$761.91M	$793.37M	$791.03M	$792.84M	$785.59M	$779.14M	$778.80M
Total assets	$2.43B	$2.46B	$2.45B	$2.52B	$2.51B	$2.56B	$2.51B	$2.56B	$2.61B	$2.52B	$2.64B	$2.71B
Total current liabilities	$334.98M	$327.77M	$302.99M	$324.40M	$392.12M	$741.57M	$827.10M	$827.59M	$808.07M	$762.48M	$707.00M	$740.19M
Short-term debt	$18.11M	$19.70M	$19.74M	$21.95M	$78.00M	$79.57M	$82.13M	$85.44M	$31.47M	$2.63M	$3.58M	$3.90M
Long-term debt	$568.54M	$604.75M	$605.43M	$604.29M	$549.62M	$549.22M	$348.49M	$349.03M	$345.19M	$285.16M	$289.91M	$295.19M
Total debt	$586.65M	$624.46M	$625.17M	$626.24M	$627.63M	$628.79M	$430.62M	$434.47M	$376.66M	$287.79M	$293.49M	$299.09M
Total liabilities	$1.15B	$1.24B	$1.21B	$1.21B	$1.19B	$1.52B	$1.38B	$1.40B	$1.41B	$1.31B	$1.32B	$1.34B
Shareholders' equity	$1.28B	$1.22B	$1.24B	$1.31B	$1.32B	$1.03B	$1.12B	$1.16B	$1.20B	$1.21B	$1.33B	$1.37B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$53.96M	$9.98M	$43.36M	$50.99M	$78.71M	$23.97M	$62.92M	$85.06M	$82.40M	$15.22M	$66.59M	$73.66M
Capital expenditures	$12.92M	$6.40M	$12.16M	$18.15M	$10.41M	$10.79M	$15.15M	$22.88M	$32.23M	$14.29M	$31.55M	$30.77M
Free cash flow	$41.04M	$3.58M	$31.20M	$32.85M	$68.30M	$13.18M	$47.77M	$62.18M	$50.16M	$926.00K	$35.04M	$42.89M
Investing cash flow	-$12.14M	-$6.36M	-$12.57M	-$18.52M	-$10.71M	-$10.63M	-$8.97M	-$23.06M	-$30.26M	-$14.58M	-$31.92M	-$23.11M
Financing cash flow	-$5.02M	$37.15M	-$11.87M	-$3.28M	-$3.44M	-$4.42M	-$208.98M	-$9.37M	-$62.88M	-$94.25M	-$56.45M	-$2.92M
Stock-based compensation	$8.28M	$10.23M	$8.20M	$8.56M	$6.95M	$7.78M	$9.17M	$9.95M	$9.39M	$8.27M	$16.88M	$14.55M
Depreciation & amortization	$6.16M	$6.27M	$6.17M	$6.24M	$6.42M	$6.42M	$6.87M	$7.71M	$7.55M	$8.30M	$8.75M	$9.10M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.