Haemonetics Corp
NYSE:HAE

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Haemonetics Corp
NYSE:HAE
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Price: 83.94 USD 0.16% Market Closed
Market Cap: 3.9B USD

Haemonetics Corp
Investor Relations

In the realm of healthcare, Haemonetics Corp. operates as a pivotal player, bridging the gap between innovation and life-saving technology. Founded in 1971, the company has evolved to become a leader in blood management solutions, riding the wave of advanced medical technology to cater primarily to hospitals and blood collection centers. At its core, Haemonetics specializes in products and software designed to optimize the collection, processing, and surgical use of blood. Among its notable contributions are devices for blood component separation and coagulation management systems, which play a critical role in ensuring that patients around the world receive safe and effective blood therapy.

Revenue streams for Haemonetics come from a diverse range of blood management systems and services. Their offerings are not limited to physical products; the company also provides comprehensive software solutions that help institutions maximize efficiencies and improve patient outcomes. With a keen focus on research and development, Haemonetics continuously innovates to meet the stringent demands of the modern healthcare landscape. Their business model thrives on a combination of direct sales, strategic partnerships, and service agreements with hospitals and blood banks, all while maintaining a strong commitment to quality and regulatory compliance. Through its strategic approach, Haemonetics not only fulfills an essential healthcare need but also crafts a sustainable financial pathway by redefining how blood and related products are managed globally.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 6, 2025
AI Summary
Q2 2026

Revenue Decline: Q2 revenue was $327 million, down 5% year-over-year, mainly due to portfolio transitions, but organic growth ex-CSL was strong at 9%.

EPS Growth: Adjusted EPS increased 13% to $1.27 in the quarter, driven by margin expansion and disciplined cost management.

Margin Expansion: Adjusted gross margin rose to 60.5%, and operating margin hit a record 26.7%, with gains across all business segments.

Guidance Raised: Full-year revenue decline guidance improved to down 1%–4% (was down 3%–6%), and adjusted EPS guidance was raised to $4.80–$5.00.

Plasma Strength: Plasma revenue (excluding CSL) grew 19% in Q2; guidance for organic plasma growth ex-CSL was increased to 14%–17% for the year.

Cash Flow Surge: Operating cash flow jumped 128% year-over-year to $111 million in Q2, and free cash flow guidance was raised to $170–$210 million for the year.

Interventional Tech Update: Interventional Technologies (IVT) remains weak but management reports early signs of stabilization and expects a return to growth beyond FY26.

Key Financials
Revenue
$327 million
Year-to-date Revenue
$649 million
Organic Revenue Growth ex CSL
9% in Q2, 11% year-to-date
Adjusted EPS
$1.27
Year-to-date Adjusted EPS
$2.36
Adjusted Gross Margin
60.5% in Q2, 60.6% year-to-date
Adjusted Operating Margin
26.7% in Q2, 25.4% year-to-date
Adjusted Operating Income
$87 million in Q2, $165 million year-to-date
Operating Cash Flow
$111 million in Q2, $129 million year-to-date
Free Cash Flow
$89 million in Q2, $91 million year-to-date
Free Cash Flow to Adjusted Net Income Ratio
147% in Q2, 80% year-to-date
Cash Balance
$296 million
Total Debt
$1.2 billion
Net Leverage Ratio
2.5
Adjusted Net Income
$60 million in Q2, $114 million year-to-date
Adjusted Tax Rate
24.7% in Q2, 24.8% year-to-date
Hospital Revenue
$146 million in Q2, $285 million year-to-date
Blood Management Technologies Revenue Growth
up 12% in Q2, up 13% year-to-date
Plasma Revenue
$125 million in Q2, $255 million year-to-date
Diluted Shares Outstanding (Guided Year-End)
47.6 million
Earnings Call Recording
Other Earnings Calls

Management

Ms. Michelle L. Basil J.D.
Executive VP, General Counsel & Secretary
No Bio Available
Mr. Josep Lluis Llorens
Executive Vice President of Global Manufacturing & Supply Chain
No Bio Available
Ms. Farris Maryanne Maunsell
VP, Chief Accounting Officer & Principal Accounting Officer
No Bio Available
Ms. Olga Guyette
Senior Director of Investor Relations
No Bio Available
Mr. Rajeev Varma
Senior Vice President of Strategy & Corporate Development
No Bio Available
Ms. Laurie A. Miller
Senior VP & Chief Human Resources Officer
No Bio Available
Dr. Jan Hartmann M.D.
Senior VP & Chief Medical Officer
No Bio Available
Mr. Stewart W. Strong
President of Global Hospital
No Bio Available
Ms. Kerri DiPietro
Senior Vice President of Global Quality Assurance
No Bio Available
Mr. Roy Galvin
President of Global Plasma & Blood Center
No Bio Available

Contacts

Address
MASSACHUSETTS
Boston
125 Summer Street
Contacts
+17818487100.0
www.haemonetics.com