Avantor, Inc. (AVTR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.58B | 1.66B | 1.62B | 1.68B | 1.58B | 1.69B | 1.71B | 1.7B | 1.68B | 1.72B | 1.72B | 1.74B | 1.78B | 1.79B | 1.86B | 1.91B | 1.95B | 1.91B | 1.83B | 1.86B |
| Revenue Growth % | 0% | -1.36% | -5.28% | -1.14% | -5.86% | -2.1% | -0.34% | -2.36% | -5.65% | -4.02% | -7.34% | -8.72% | -8.72% | -5.9% | 1.21% | 2.79% | 9.23% | 6.52% | 14.29% | 25.69% |
| Cost of Goods Sold | 1.08B | 1.14B | 1.1B | 1.13B | 1.05B | 1.12B | 1.15B | 1.12B | 1.11B | 1.15B | 1.14B | 1.15B | 1.16B | 1.18B | 1.21B | 1.26B | 1.26B | 1.26B | 1.22B | 1.23B |
| COGS % of Revenue | 68.34% | 68.51% | 67.58% | 67.08% | 66.18% | 66.63% | 67.08% | 65.85% | 66.04% | 66.89% | 66.36% | 66.17% | 64.9% | 65.77% | 64.95% | 66.1% | 64.63% | 66.06% | 66.42% | 66.29% |
| Gross Profit | 500.7M | 523.9M | 526.5M | 554.1M | 534.9M | 562.9M | 564.4M | 581.5M | 570.5M | 570.4M | 578.6M | 590M | 624.8M | 614.5M | 650.7M | 647.7M | 689.9M | 647.5M | 615.9M | 626.5M |
| Gross Margin % | 31.66% | 31.49% | 32.42% | 32.92% | 33.82% | 33.37% | 32.92% | 34.15% | 33.96% | 33.11% | 33.64% | 33.83% | 35.1% | 34.23% | 35.05% | 33.9% | 35.37% | 33.94% | 33.58% | 33.71% |
| Gross Profit Growth % | -6.39% | -6.93% | -6.72% | -4.71% | -6.24% | -1.31% | -2.45% | -1.44% | -8.69% | -7.18% | -11.08% | -8.91% | -9.44% | -5.1% | 5.65% | 3.38% | 12.58% | 11.33% | 21.62% | 27.7% |
| Operating Expenses | 385.7M | 397.5M | 1.18B | 425.3M | 387.5M | -75.2M | 439.8M | 405.7M | 424.2M | 387.1M | 368.4M | 518.3M | 393.6M | 362.7M | 374.9M | 352.1M | 382.9M | 433.5M | 378.7M | 371.8M |
| OpEx % of Revenue | 24.39% | 23.89% | 72.38% | 25.26% | 24.5% | -4.46% | 25.65% | 23.83% | 25.25% | 22.47% | 21.42% | 29.72% | 22.11% | 20.21% | 20.19% | 18.43% | 19.63% | 22.72% | 20.65% | 20% |
| Selling, General & Admin | 0 | 392.4M | 390.3M | 425.3M | 387.5M | 371.4M | 439.8M | 405.7M | 424.2M | 387.1M | 368.4M | 357.5M | 393.6M | 362.7M | 374.9M | 352.1M | 382.9M | 433.5M | 378.7M | 371.8M |
| SG&A % of Revenue | - | 23.59% | 24.04% | 25.26% | 24.5% | 22.02% | 25.65% | 23.83% | 25.25% | 22.47% | 21.42% | 20.5% | 22.11% | 20.21% | 20.19% | 18.43% | 19.63% | 22.72% | 20.65% | 20% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 115M | 126.4M | -648.8M | 128.8M | 147.4M | 638.1M | 124.6M | 175.8M | 146.3M | 183.3M | 210.2M | 71.7M | 231.2M | 251.8M | 275.8M | 295.6M | 307M | 214M | 237.2M | 254.7M |
| Operating Margin % | 7.27% | 7.6% | -39.96% | 7.65% | 9.32% | 37.83% | 7.27% | 10.32% | 8.71% | 10.64% | 12.22% | 4.11% | 12.99% | 14.03% | 14.86% | 15.47% | 15.74% | 11.22% | 12.93% | 13.7% |
| Operating Income Growth % | -21.98% | -80.19% | -620.71% | -26.73% | 0.75% | 248.12% | -40.72% | 145.19% | -36.72% | -27.2% | -23.79% | -75.74% | -24.69% | 17.66% | 16.27% | 16.06% | 15.28% | 4.59% | 33.86% | 52.88% |
| EBITDA | 220M | 229.7M | -544.3M | 231.5M | 247.1M | 739M | 227M | 278.4M | 245.9M | 283.9M | 308.2M | 174.3M | 332.3M | 352.5M | 376.4M | 385.3M | 421.5M | 318.1M | 337.2M | 340.8M |
| EBITDA Margin % | 13.91% | 13.81% | -33.52% | 13.75% | 15.63% | 43.82% | 13.24% | 16.35% | 14.64% | 16.48% | 17.92% | 9.99% | 18.67% | 19.64% | 20.27% | 20.17% | 21.61% | 16.68% | 18.38% | 18.34% |
| EBITDA Growth % | -10.97% | -68.92% | -339.78% | -16.85% | 0.49% | 160.3% | -26.35% | 59.72% | -26% | -19.46% | -18.12% | -54.76% | -21.16% | 10.81% | 11.63% | 13.06% | 18.63% | 3.75% | 22.04% | 28.9% |
| D&A (Non-Cash Add-back) | 105M | 103.3M | 104.5M | 102.7M | 99.7M | 100.9M | 102.4M | 102.6M | 99.6M | 100.6M | 98M | 102.6M | 101.1M | 100.7M | 100.6M | 89.7M | 114.5M | 104.1M | 100M | 86.1M |
| EBIT | 115M | 120.8M | -645.3M | 125.1M | 127.9M | 629.1M | 123.2M | 175.5M | 144.9M | 184.8M | 208.9M | 72.1M | 229.5M | 244.5M | 275.6M | 290.2M | 306.6M | 200.8M | 240.6M | 266.1M |
| Net Interest Income | -44.8M | -40M | -44.2M | -43.4M | -42.2M | -44.9M | -48.7M | -60.9M | -64.3M | -65.3M | -72.4M | -73.4M | -73.7M | -69.8M | -67.3M | -63.9M | -64.8M | -60.8M | -54.1M | -51M |
| Interest Income | 10.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 55.3M | 40M | 44.2M | 43.4M | 42.2M | 44.9M | 48.7M | 60.9M | 64.3M | 65.3M | 72.4M | 73.4M | 73.7M | 69.8M | 67.3M | 63.9M | 64.8M | 60.8M | 54.1M | 51M |
| Other Income/Expense | -59.5M | -45.6M | -40.7M | -47.1M | -61.7M | -53.9M | -50.1M | -61.2M | -65.7M | -63.8M | -73.7M | -73M | -75.4M | -77.1M | -67.5M | -69.3M | -65.2M | -74M | -50.7M | -39.6M |
| Pretax Income | 55.5M | 80.8M | -689.5M | 81.7M | 85.7M | 584.2M | 74.5M | 114.6M | 80.6M | 119.5M | 136.5M | -1.3M | 155.8M | 174.7M | 208.3M | 226.3M | 241.8M | 140M | 186.5M | 215.1M |
| Pretax Margin % | 3.51% | 4.86% | -42.46% | 4.85% | 5.42% | 34.64% | 4.35% | 6.73% | 4.8% | 6.94% | 7.94% | -0.07% | 8.75% | 9.73% | 11.22% | 11.85% | 12.4% | 7.34% | 10.17% | 11.57% |
| Income Tax | 12.2M | 28.4M | 22.3M | 17M | 21.2M | 83.8M | 16.7M | 21.7M | 20.2M | 21M | 28.1M | 6M | 34.3M | 33M | 41.3M | 38.9M | 51.4M | 46M | 29.7M | 57.3M |
| Effective Tax Rate % | 21.98% | 35.15% | -3.23% | 20.81% | 24.74% | 14.34% | 22.42% | 18.94% | 25.06% | 17.57% | 20.59% | -461.54% | 22.02% | 18.89% | 19.83% | 17.19% | 21.26% | 32.86% | 15.92% | 26.64% |
| Net Income | 43.3M | 52.4M | -711.8M | 64.7M | 64.5M | 500.4M | 57.8M | 92.9M | 60.4M | 98.5M | 108.4M | -7.3M | 121.5M | 141.7M | 167M | 187.4M | 190.4M | 94M | 156.8M | 157.8M |
| Net Margin % | 2.74% | 3.15% | -43.84% | 3.84% | 4.08% | 29.67% | 3.37% | 5.46% | 3.6% | 5.72% | 6.3% | -0.42% | 6.82% | 7.89% | 9% | 9.81% | 9.76% | 4.93% | 8.55% | 8.49% |
| Net Income Growth % | -32.87% | -89.53% | -1331.49% | -30.36% | 6.79% | 408.02% | -46.68% | 1372.6% | -50.29% | -30.49% | -35.09% | -103.9% | -36.19% | 50.74% | 6.51% | 18.76% | 16.1% | 82.17% | 471.56% | 162.13% |
| Net Income (Continuing) | 43.3M | 52.4M | -711.8M | 64.7M | 64.5M | 500.4M | 57.8M | 92.9M | 60.4M | 98.5M | 108.4M | -7.3M | 121.5M | 141.7M | 167M | 187.4M | 190.4M | 94M | 156.8M | 157.8M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.06 | 0.08 | -1.04 | 0.09 | 0.09 | 0.73 | 0.08 | 0.14 | 0.09 | 0.15 | 0.16 | -0.01 | 0.18 | 0.21 | 0.25 | 0.28 | 0.28 | 0.13 | 0.24 | 0.24 |
| EPS Growth % | -32.59% | -89.44% | -1329.31% | -32.21% | 5% | 403.37% | -47.13% | 1500% | -50% | -30.94% | -36% | -103.57% | -35.71% | 61.54% | 4.17% | 16.67% | 12% | 116.67% | 340% | 200% |
| EPS (Basic) | 0.06 | 0.08 | -1.04 | 0.09 | 0.09 | 0.74 | 0.09 | 0.14 | 0.09 | 0.15 | 0.16 | -0.01 | 0.18 | 0.21 | 0.25 | 0.28 | 0.29 | 0.13 | 0.24 | 0.24 |
| Diluted Shares Outstanding | 679.3M | 679.3M | 681.7M | 681.8M | 682.4M | 682.7M | 683M | 682.6M | 681.4M | 679.2M | 678.5M | 675.3M | 678.1M | 677.1M | 679.3M | 680.2M | 681.3M | 619M | 598.1M | 591.1M |
| Basic Shares Outstanding | 678M | 678M | 681.7M | 681.5M | 681.1M | 680.7M | 680.3M | 679.4M | 678.1M | 676.4M | 676M | 675.3M | 674.7M | 674.2M | 674.1M | 650.8M | 681.3M | 609.5M | 588.5M | 582.6M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | 22.87% | - | - | - | - | - | - |