Agilent Reports Second-Quarter Fiscal Year 2025 Financial Results

Original from: Agilent

Agilent Technologies Inc. (NYSE: A) today reported revenue of $1.67 billion for the second quarter ended April 30, 2025, representing growth of 6.0% reported and up 5.3% core(1) compared with the second quarter of 2024.

Second-quarter GAAP net income was $215 million, or $0.75 per share. This compares with $308 million, or $1.05 per share, in the second quarter of 2024. Non-GAAP(2) net income was $373 million, or $1.31 per share during the quarter, compared with $356 million or $1.22 per share during the year-ago quarter.

"The Agilent team delivered strong second-quarter results in a highly dynamic market environment," said Agilent President and CEO Padraig McDonnell. "That is in large part due to our Ignite Transformation, which is driving our financial success as it’s become our core enterprise delivery engine and operating model. Ignite represents a decisive shift to fuel accelerated profitable growth and operational excellence at Agilent."

Financial Highlights

In the first quarter of 2025, Agilent implemented certain changes to its segment reporting structure. Prior-period segment information has been recast to reflect these changes. These changes have no impact on Agilent's consolidated financial statements.

Life Sciences and Diagnostics Markets Group

The Life Sciences and Diagnostics Markets Group (LDG) reported second-quarter revenue of $654 million, an increase of 8% reported and 3% core(1) year-over-year. LDG's operating margin for the quarter was 19.7%.

Agilent CrossLab Group

The Agilent CrossLab Group (ACG) reported second-quarter revenue of $713 million, an increase of 7% reported and 9% core(1) year-over-year. ACG's operating margin for the quarter was 32.4%.

Applied Markets Group

The Applied Markets Group (AMG) reported second-quarter revenue of $301 million, a decrease of 1% reported and flat core(1) year-over-year. AMG's operating margin for the quarter was 19.5%.

Full Year 2025 and Q3 Outlook

Full-year revenue outlook is now in the range of $6.73 billion to $6.81 billion, representing growth of 3.4% to 4.6% reported, while maintaining growth of 2.5% to 3.5% core(1). Non-GAAP EPS(3) is expected in the range of $5.54 to $5.61 per share.

The outlook for third-quarter revenue is expected to be in the range of $1.645 billion to $1.675 billion, representing growth of 4.2% to 6.1% reported and up 1.7% to 3.6% core(1). Non-GAAP EPS(3) is expected in the range of $1.35 to $1.37 per share.

The outlook is based on forecasted currency exchange rates.

Source: Agilent Reports Second-Quarter Fiscal Year 2025 Financial Results