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Hologic Inc Financials

HOLX
Source SEC Filings (10-K/10-Q) Updated Dec 27, 2025 Currency USD FYE September

This page shows Hologic Inc (HOLX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 64 / 100
Financial Profile 64/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
61

Hologic Inc has an operating margin of 17.4%, meaning the company retains $17 of operating profit per $100 of revenue. This results in a moderate score of 61/100, indicating healthy but not exceptional operating efficiency. This is down from 21.9% the prior year.

Growth
36

Hologic Inc's revenue grew a modest 1.7% year-over-year to $4.1B. This slow but positive growth earns a score of 36/100.

Leverage
92

Hologic Inc carries a low D/E ratio of 0.50, meaning only $0.50 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
73

With a current ratio of 3.75, Hologic Inc holds $3.75 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 73/100.

Cash Flow
86

Hologic Inc converts 24.3% of revenue into free cash flow ($998.3M). This strong cash generation earns a score of 86/100.

Returns
36

Hologic Inc's ROE of 11.2% shows moderate profitability relative to equity, earning a score of 36/100. This is down from 15.4% the prior year.

Altman Z-Score Safe
4.16

Hologic Inc scores 4.16, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($16.9B) relative to total liabilities ($4.0B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
5/9

Hologic Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
1.87x

For every $1 of reported earnings, Hologic Inc generates $1.87 in operating cash flow ($1.1B OCF vs $565.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
6.1x

Hologic Inc earns $6.1 in operating income for every $1 of interest expense ($714.3M vs $117.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue
$4.1B
YoY+1.7%
5Y CAGR+1.7%
10Y CAGR+4.2%

Hologic Inc generated $4.1B in revenue in fiscal year 2025. This represents an increase of 1.7% from the prior year.

EBITDA
$1.0B
YoY-14.9%
5Y CAGR-7.3%
10Y CAGR+0.7%

Hologic Inc's EBITDA was $1.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 14.9% from the prior year.

Net Income
$565.7M
YoY-28.3%
5Y CAGR-12.7%
10Y CAGR+15.7%

Hologic Inc reported $565.7M in net income in fiscal year 2025. This represents a decrease of 28.3% from the prior year.

EPS (Diluted)
$2.49
YoY-25.0%
5Y CAGR-10.0%
10Y CAGR+18.7%

Hologic Inc earned $2.49 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 25.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$998.3M
YoY-17.7%
5Y CAGR+4.6%
10Y CAGR+2.9%

Hologic Inc generated $998.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 17.7% from the prior year.

Cash & Debt
$2.0B
YoY-9.3%
5Y CAGR+22.8%
10Y CAGR+14.8%

Hologic Inc held $2.0B in cash against $2.5B in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
223M
5Y CAGR-2.8%
10Y CAGR-2.4%

Hologic Inc had 223M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin
51.6%
YoY-3.6pp
5Y CAGR-7.3pp
10Y CAGR-1.3pp

Hologic Inc's gross margin was 51.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.6 percentage points from the prior year.

Operating Margin
17.4%
YoY-4.5pp
5Y CAGR-11.8pp
10Y CAGR+0.6pp

Hologic Inc's operating margin was 17.4% in fiscal year 2025, reflecting core business profitability. This is down 4.5 percentage points from the prior year.

Net Margin
13.8%
YoY-5.8pp
5Y CAGR-15.7pp
10Y CAGR+8.9pp

Hologic Inc's net profit margin was 13.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.8 percentage points from the prior year.

Return on Equity
11.2%
YoY-4.2pp
5Y CAGR-30.0pp
10Y CAGR+4.9pp

Hologic Inc's ROE was 11.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.2 percentage points from the prior year.

Capital Allocation

R&D Spending
$248.2M
YoY-9.0%
5Y CAGR+2.2%
10Y CAGR+1.5%

Hologic Inc invested $248.2M in research and development in fiscal year 2025. This represents a decrease of 9.0% from the prior year.

Share Buybacks
$752.9M
YoY-9.8%
5Y CAGR+2.9%

Hologic Inc spent $752.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 9.8% from the prior year.

Capital Expenditures
$58.8M
YoY-18.8%
5Y CAGR-9.8%
10Y CAGR+2.0%

Hologic Inc invested $58.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 18.8% from the prior year.

HOLX Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $1.0B-0.2% $1.0B+2.5% $1.0B+1.8% $1.0B-1.6% $1.0B+3.4% $988.0M-2.3% $1.0B-0.6% $1.0B
Cost of Revenue $417.6M N/A N/A N/A $392.0M N/A N/A $308.6M
Gross Profit $586.4M+0.5% $583.5M+1.2% $576.6M+52.8% $377.3M-35.0% $580.5M+4.1% $557.7M-0.5% $560.3M+3.3% $542.3M
R&D Expenses $60.5M-6.9% $65.0M+5.9% $61.4M-0.2% $61.5M+2.0% $60.3M-10.4% $67.3M+5.0% $64.1M-14.1% $74.6M
SG&A Expenses $127.8M+11.3% $114.8M+15.8% $99.1M-17.2% $119.7M+3.5% $115.7M+12.1% $103.2M+9.8% $94.0M-6.4% $100.4M
Operating Income $237.0M0.0% $236.9M-7.0% $254.6M+3737.1% -$7.0M-103.0% $229.8M-0.1% $230.0M-5.7% $244.0M+16.0% $210.4M
Interest Expense $27.6M-3.5% $28.6M-1.0% $28.9M-0.7% $29.1M-4.6% $30.5M-4.4% $31.9M0.0% $31.9M-1.2% $32.3M
Income Tax $50.6M+26.5% $40.0M-0.2% $40.1M+461.3% -$11.1M-123.9% $46.5M+8.1% $43.0M-6.9% $46.2M+11.1% $41.6M
Net Income $179.1M-4.3% $187.2M-4.0% $194.9M+1220.1% -$17.4M-108.7% $201.0M+12.5% $178.6M-8.2% $194.5M+14.5% $169.9M
EPS (Diluted) $0.79 N/A $0.86+1175.0% $-0.08-109.2% $0.87 N/A $0.82+13.9% $0.72

HOLX Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $9.2B+1.8% $9.0B+2.4% $8.8B+3.1% $8.5B-2.1% $8.7B-4.7% $9.2B+3.0% $8.9B+2.0% $8.7B
Current Assets $3.8B+4.8% $3.7B+7.2% $3.4B+6.6% $3.2B-8.2% $3.5B-8.6% $3.8B-4.3% $4.0B+5.5% $3.8B
Cash & Equivalents $2.2B+10.6% $2.0B+12.9% $1.7B+21.4% $1.4B-19.8% $1.8B-17.5% $2.2B-11.4% $2.4B+11.9% $2.2B
Inventory $688.5M+1.3% $679.4M-4.8% $713.7M-0.4% $716.7M+1.4% $707.1M+4.0% $679.8M+2.1% $665.5M+2.5% $649.2M
Accounts Receivable $584.2M-2.8% $600.8M-1.4% $609.3M-5.4% $644.4M+2.1% $631.4M+5.2% $600.4M-4.5% $628.5M-2.9% $647.1M
Goodwill $3.6B+0.1% $3.6B-0.1% $3.6B+0.5% $3.6B+5.9% $3.4B-0.6% $3.4B+4.6% $3.3B0.0% $3.3B
Total Liabilities $3.9B-0.8% $4.0B+0.1% $4.0B+0.9% $3.9B-0.7% $4.0B-1.8% $4.0B+2.2% $3.9B+1.8% $3.9B
Current Liabilities $951.3M-2.7% $977.2M+1.5% $962.5M-2.7% $989.7M-1.3% $1.0B-3.4% $1.0B+3.5% $1.0B+5.0% $954.6M
Long-Term Debt $2.5B-0.1% $2.5B-0.2% $2.5B+1.9% $2.5B-0.7% $2.5B-0.7% $2.5B-0.3% $2.5B-0.3% $2.5B
Total Equity $5.2B+3.9% $5.0B+4.2% $4.8B+4.8% $4.6B-3.2% $4.8B-7.0% $5.1B+3.6% $5.0B+2.2% $4.8B
Retained Earnings $3.6B+5.2% $3.4B+5.8% $3.2B+6.4% $3.0B-0.6% $3.0B+7.1% $2.8B+6.7% $2.7B+7.9% $2.5B

HOLX Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow $229.9M-35.3% $355.1M+3.4% $343.3M+102.7% $169.4M-10.5% $189.3M-48.4% $367.0M-9.6% $405.8M+38.8% $292.4M
Capital Expenditures $14.7M+7.3% $13.7M-60.7% $34.9M-13.4% $40.3M+139.9% $16.8M+2.4% $16.4M-51.6% $33.9M+21.1% $28.0M
Free Cash Flow $215.2M-37.0% $341.4M+10.7% $308.4M+138.9% $129.1M-25.2% $172.5M-50.8% $350.6M-5.7% $371.9M+40.7% $264.4M
Investing Cash Flow -$12.1M+90.8% -$132.1M-2972.1% -$4.3M+98.7% -$324.3M-1374.1% -$22.0M+96.3% -$595.7M-1298.4% -$42.6M-10.6% -$38.5M
Financing Cash Flow -$10.7M-768.8% $1.6M+104.0% -$40.1M+80.1% -$201.7M+62.4% -$537.0M-845.4% -$56.8M+45.3% -$103.8M-2371.4% -$4.2M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $0 $0-100.0% $35.6M-82.2% $200.0M-61.3% $517.3M+787.3% $58.3M-41.7% $100.0M $0

HOLX Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin 56.0%+0.4pp 55.6%-0.7pp 56.3%+18.8pp 37.5%-19.3pp 56.8%+0.4pp 56.5%+1.0pp 55.4%+2.1pp 53.3%
Operating Margin 22.6%+0.1pp 22.6%-2.3pp 24.9%+25.6pp -0.7%-23.2pp 22.5%-0.8pp 23.3%-0.8pp 24.1%+3.5pp 20.7%
Net Margin 17.1%-0.8pp 17.8%-1.2pp 19.0%+20.8pp -1.7%-21.4pp 19.7%+1.6pp 18.1%-1.2pp 19.2%+2.5pp 16.7%
Return on Equity 3.4%-0.3pp 3.7%-0.3pp 4.0%+4.4pp -0.4%-4.6pp 4.2%+0.7pp 3.5%-0.5pp 3.9%+0.4pp 3.5%
Return on Assets 1.9%-0.1pp 2.1%-0.1pp 2.2%+2.4pp -0.2%-2.5pp 2.3%+0.3pp 1.9%-0.2pp 2.2%+0.2pp 1.9%
Current Ratio 4.04+0.3 3.75+0.2 3.55+0.3 3.24-0.2 3.49-0.2 3.69-0.3 3.99+0.0 3.97
Debt-to-Equity 0.48-0.0 0.50-0.0 0.52-0.0 0.53+0.0 0.52+0.0 0.49-0.0 0.51-0.0 0.52
FCF Margin 20.5%-12.0pp 32.5%+2.4pp 30.1%+17.3pp 12.8%-4.0pp 16.9%-18.6pp 35.5%-1.3pp 36.8%+10.8pp 26.0%

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Frequently Asked Questions

Hologic Inc (HOLX) reported $4.1B in total revenue for fiscal year 2025. This represents a 1.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Hologic Inc (HOLX) revenue grew by 1.7% year-over-year, from $4.0B to $4.1B in fiscal year 2025.

Yes, Hologic Inc (HOLX) reported a net income of $565.7M in fiscal year 2025, with a net profit margin of 13.8%.

Hologic Inc (HOLX) reported diluted earnings per share of $2.49 for fiscal year 2025. This represents a -25.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Hologic Inc (HOLX) had EBITDA of $1.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Hologic Inc (HOLX) had $2.0B in cash and equivalents against $2.5B in long-term debt.

Hologic Inc (HOLX) had a gross margin of 51.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Hologic Inc (HOLX) had an operating margin of 17.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Hologic Inc (HOLX) had a net profit margin of 13.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Hologic Inc (HOLX) has a return on equity of 11.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Hologic Inc (HOLX) generated $998.3M in free cash flow during fiscal year 2025. This represents a -17.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Hologic Inc (HOLX) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Hologic Inc (HOLX) had $9.0B in total assets as of fiscal year 2025, including both current and long-term assets.

Hologic Inc (HOLX) invested $58.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Hologic Inc (HOLX) invested $248.2M in research and development during fiscal year 2025.

Yes, Hologic Inc (HOLX) spent $752.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Hologic Inc (HOLX) had 223M shares outstanding as of fiscal year 2025.

Hologic Inc (HOLX) had a current ratio of 3.75 as of fiscal year 2025, which is generally considered healthy.

Hologic Inc (HOLX) had a debt-to-equity ratio of 0.50 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Hologic Inc (HOLX) had a return on assets of 6.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Hologic Inc (HOLX) has an Altman Z-Score of 4.16, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Hologic Inc (HOLX) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Hologic Inc (HOLX) has an earnings quality ratio of 1.87x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Hologic Inc (HOLX) has an interest coverage ratio of 6.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Hologic Inc (HOLX) scores 64 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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