INTEGRA LIFESCIENCES HOLDINGS CORP IART
Integra LifeSciences Holdings Corporation is a global medical technology company dedicated to restoring lives. We are advancing transformational care through impactful innovation and our portfolio of highly differentiated technologies is trusted by healthcare professionals to deliver transformative care.
We manufacture and sell medical technologies and products in two reportable business segments: Codman Specialty Surgical ("CSS") and Tissue Technologies ("TT"). The CSS segment, which represents approximately 70% of our total revenue, consists of market-leading technologies and instrumentation used for a wide range of specialties, such as neurosurgery, neurocritical care, and otolaryngology, commonly referred to as ear, nose, and throat ("ENT"). We are the world leader in neurosurgery and one of the top three providers in the U.S. in instruments used in precision, specialty, and general surgical procedures. Our TT segment generates about 30% of our overall revenue and focuses on wound reconstruction and care and private label.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Asia Pacific
- Europe
- Rest of the World
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $1.20B | $1.19B | $1.10B |
| Asia Pacific | $189.3M | $176.6M | $193.1M |
| Europe | $162.7M | $158.5M | $165.2M |
| Rest of the World | $78.6M | $82.7M | $82.5M |
As the company reported it, from the “SEGMENT AND GEOGRAPHIC INFORMATION - Revenue and Long-Lived Assets by Major Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Codman Specialty Surgical
- Tissue Technologies
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Codman Specialty Surgical | $1.20B | $1.14B | $1.06B |
| Tissue Technologies | $434.7M | $466.9M | $482.6M |
As the company reported it, from the “SEGMENT AND GEOGRAPHIC INFORMATION - Segment Reporting Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.64B | $1.61B | $1.54B | $1.56B | $1.54B | $1.37B | $1.52B | $1.47B | $1.19B | $992.1M |
| Cost of revenue | $803.6M | $728.5M | $656.8M | $587.4M | $597.8M | $520.8M | $564.7M | $571.5M | $435.5M | $349.1M |
| Gross profit | $831.6M | $882.1M | $884.7M | $970.3M | $944.6M | $851.0M | $952.9M | $900.9M | $752.7M | $643.0M |
| R&D | — | — | — | — | — | — | — | $78.0M | $63.5M | $58.2M |
| SG&A | $699.7M | $717.0M | $656.6M | $616.3M | $637.4M | $594.5M | $687.6M | $690.7M | $624.1M | $455.6M |
| Total operating expenses | $2.13B | $1.58B | $1.43B | $1.32B | $1.35B | $1.22B | $1.42B | $1.36B | $1.14B | $876.7M |
| Operating income | -$493.4M | $28.4M | $111.5M | $238.9M | $197.2M | $151.4M | $93.8M | $111.0M | $44.8M | $115.3M |
| Interest expense | $86.3M | $70.6M | $51.4M | $49.6M | $50.4M | $71.6M | $54.0M | $64.7M | $35.0M | $25.8M |
| Pre-tax income | -$563.5M | -$18.2M | $81.1M | $213.9M | $214.7M | $93.5M | $60.1M | $57.4M | $11.4M | $90.4M |
| Income tax | $47.0M | $11.3M | $13.3M | $33.3M | $45.6M | $40.4M | $9.9M | $3.4M | $53.4M | $15.8M |
| Net income | -$516.8M | -$6.9M | $67.7M | $180.6M | $169.1M | $133.9M | $50.2M | $60.8M | $64.7M | $74.6M |
| EPS, basic | -6.74 | -0.09 | 0.85 | 2.18 | 2.00 | 1.58 | 0.59 | 0.73 | 0.84 | 1.00 |
| EPS, diluted | -6.74 | -0.09 | 0.84 | 2.16 | 1.98 | 1.57 | 0.58 | 0.72 | 0.82 | 0.94 |
| Shares, diluted (wtd. avg.) | 76.7M | 77.0M | 80.3M | 83.5M | 85.5M | 85.2M | 86.5M | 84.0M | 79.1M | 79.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $235.0M | $246.4M | $276.4M | $456.7M | $513.4M | $470.2M | $198.9M | $138.8M | $174.9M | $102.1M |
| Short-term investments | $28.7M | $27.2M | $32.7M | $0 | — | — | — | — | — | — |
| Receivables | $278.8M | $272.4M | $259.3M | $263.5M | $231.8M | $225.5M | $275.3M | $265.7M | $251.8M | $148.2M |
| Inventory | $492.7M | $429.1M | $389.6M | $324.6M | $317.4M | $310.1M | $316.1M | $280.3M | $296.3M | $217.3M |
| Total current assets | $1.16B | $1.08B | $1.06B | $1.16B | $1.15B | $1.24B | $858.2M | $775.1M | $822.1M | $495.2M |
| Property, plant and equipment | $444.3M | $405.7M | $340.2M | $311.3M | $311.7M | $287.5M | $337.4M | $300.1M | $269.3M | $222.4M |
| Goodwill | $615.2M | $1.10B | $1.06B | $1.04B | $1.01B | $932.4M | $954.3M | $926.5M | $937.9M | $510.6M |
| Other intangibles | $1.13B | $1.21B | $1.07B | $1.13B | $1.15B | $989.4M | $1.03B | $1.08B | $1.16B | $561.2M |
| Total assets | $3.60B | $4.04B | $3.78B | $3.89B | $3.78B | $3.62B | $3.30B | $3.11B | $3.21B | $1.81B |
| Total current liabilities | $456.0M | $922.1M | $307.0M | $320.9M | $340.0M | $401.0M | $331.3M | $262.6M | $348.9M | $123.6M |
| Long-term debt | $726.6M | $760.5M | $775.0M | $775.0M | $843.8M | $877.5M | $877.5M | $900.0M | — | — |
| Total liabilities | $2.56B | $2.49B | $2.19B | $2.09B | $2.10B | $2.10B | $1.89B | $1.73B | $2.25B | $968.3M |
| Retained earnings | $423.4M | $939.9M | $946.9M | $879.1M | $698.6M | $532.3M | $398.6M | $348.4M | $285.2M | $220.4M |
| Total equity | $1.04B | $1.55B | $1.59B | $1.80B | $1.68B | $1.51B | $1.42B | $1.38B | $962.3M | $839.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $50.4M | $129.4M | $140.0M | $264.5M | $312.4M | $203.8M | $231.4M | $199.7M | $114.5M | $116.4M |
| Depreciation and amortisation | $44.8M | $42.4M | $40.9M | $40.1M | $39.4M | $42.1M | $42.6M | $44.1M | $88.9M | $72.7M |
| Stock-based compensation | $18.6M | $24.4M | $20.1M | $27.7M | $36.2M | $19.6M | $21.3M | $20.8M | $21.6M | $17.3M |
| Capital expenditure | $81.4M | $104.4M | $66.9M | $42.3M | $48.0M | $38.9M | $69.5M | $77.7M | $43.5M | $47.3M |
| Investing cash flow | -$108.1M | -$390.8M | -$94.2M | -$58.6M | -$161.4M | -$68.1M | -$162.7M | -$49.7M | -$1.22B | -$42.6M |
| Financing cash flow | $28.3M | $237.9M | -$229.9M | -$252.0M | -$98.2M | $121.6M | -$8.8M | -$180.9M | $1.17B | -$15.1M |
| Buybacks | $221.0K | $52.5M | $275.0M | $125.0M | $0 | $100.0M | $0 | $0 | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000917520-26-000015.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $992.1M | $1.19B | $1.47B | $1.52B | $1.37B | $1.54B | $1.56B | $1.54B | $1.61B | $1.64B |
| Gross profit | $643.0M | $752.7M | $900.9M | $952.9M | $851.0M | $944.6M | $970.3M | $884.7M | $882.1M | $831.6M |
| Net income | $74.6M | $64.7M | $60.8M | $50.2M | $133.9M | $169.1M | $180.6M | $67.7M | -$6.9M | -$516.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Item 5.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Item 5.02
- Results announced Item 2.02
- Results announced Item 2.02
- Material agreement signed Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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