Integer (ITGR) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, February 19, 2026 astatine 9:48 AM CST 44 min read

Image source: The Motley Fool.

Thursday, February 19, 2026 astatine 9:00 a.m. ET

• President & Chief Executive Officer — Peyman Khales

• Executive Vice President & Chief Financial Officer — Diron Smith

Peyman Khales: Thank you, Kristen. Thank you to everyone for joining the telephone today. This morning, we announced our 4th fourth and full-year 2025 fiscal results. Through diligent execution, the Integer squad delivered income and adjusted EPS towards the precocious extremity of the outlook scope we provided successful October. For the afloat year, income accrued 8% connected a reported ground and implicit 6% organically, and adjusted operating income accrued 13%. Adjusted EPS accrued 21%, reflecting the higher sales, improved profitability, and effectual superior management. In the 4th quarter, we repurchased $50,000,000 of our communal stock. In addition, this morning, we announced our volition to initiate an accelerated stock repurchase programme to repurchase astir $50,000,000 nether our existing stock repurchase authorization.

Our stock repurchase programme reflects the assurance of the committee and absorption successful our strategy, fiscal position, and quality to make beardown escaped currency flows. We besides issued our 2026 fiscal outlook. We are maintaining the midpoint of the reported income scope that we shared successful October and narrowing the range. We expect reported income to beryllium down 1% to up 1%, and integrated income to beryllium level to up 3%. This outlook continues to see a 3% to 4% headwind from 3 caller products owed to little than expected marketplace adoption.

Excluding the 3 caller products, our underlying concern is expected to turn 4% to 6%, successful enactment with the market, underscoring the durability and the spot of our halfway portfolio. We proceed to put successful our cardinal maturation initiatives and capabilities that enactment our semipermanent strategy, portion being disciplined with our near-term disbursal management. For 2026, we expect adjusted operating income to beryllium down 5% to up 1%, and adjusted EPS to beryllium down 2% to up 6%. The fundamentals of our concern are strong, and we stay focused connected executing our disciplined maturation strategy.

We person a robust and diversified pipeline, and erstwhile combined with the spot and durability of our underlying business, we stay assured successful our quality to instrumentality to 200 ground points supra marketplace integrated maturation successful 2027. Before Diron reviews our fiscal results, I would similar to supply an overview of our concern and an update connected our strategy arsenic we typically bash connected our 4th fourth call, and sermon wherefore I stay assured successful our quality to present worth instauration for our customers and shareholders. Integer Holdings Corporation is simply a starring aesculapian instrumentality declaration plan and manufacturing enactment serving the largest planetary aesculapian instrumentality archetypal instrumentality manufacturers and emerging innovators.