NYSE$AVNS

Avanos Medical Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Avanos Medical reported Q4 2025 net sales of $180.9M with adjusted diluted EPS of $0.29.

Fourth-quarter net sales rose 0.7% to $180.9 million. GAAP net loss was $1.3 million ($0.03 per share) versus a large prior-year loss tied to goodwill impairment; adjusted net income was $13.4 million ($0.29 EPS). Specialty Nutrition Systems sales grew 8.7% to $115.1 million. Management guided 2026 net sales of $700–720 million and adjusted EPS of $0.90–$1.10.

  • Q4 net sales $180.9M (+0.7% YoY); SNS segment +8.7%.
  • Adjusted diluted EPS $0.29; adjusted EBITDA $28.0M.
  • 2026 sales guide $700M–$720M; transformation savings $15M–$20M.
  • Full-year organic growth 6% in strategic segments.

Headline financials

Total Revenue

$181M

Previous: $180M+0.7%
EPS (adj)

$0.29

Previous: $0.43-32.6%
Free Cash Flow

$21.3M

No prior period
Net Income

-$1.3M

Previous: -$397M+99.7%
Operating Income

$2.5M

Previous: $12.5M-80.0%
Gross Profit

$86M

Previous: $99.3M-13.4%

Revenue & EPS history

Avanos · Revenue · Quarterly

$181M

Q4 2025+0.7%vs Q4 2024
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

2026 net sales guidance of $700M–$720M and adjusted diluted EPS of $0.90–$1.10; transformation savings target $15M–$20M annualized by end of 2026.

Tailwinds

  • Full-year organic growth of 6% in strategic SNS and PM&R segments.
  • Tariff mitigation on track; cost management initiatives gaining traction.
  • Net debt reduced to $10.7M at year-end.

Headwinds

  • GAAP net loss and prior-year goodwill impairment overhang.
  • Q4 free cash flow down versus prior year.
  • Macro and regulatory risks for medical devices.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.7%

Avg return

Earnings day

-1.1%

Avg return

5 days after

-1.7%

Avg return

30 days after

50%

25 / 50 earnings

Positive

+17.2%

Q3 2023

Best reaction

-27.6%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%+0.5%+1.3%
Q4 2025-11.0%-7.4%-9.1%
Q3 2025-1.2%-3.3%+1.4%
Q1 2025+5.6%+3.8%+1.1%
Q4 2024+0.4%-2.8%-10.3%
Q3 2024-17.5%-15.1%-15.3%
Q2 2024+3.4%-0.0%+5.5%
Q1 2024+4.7%+4.0%+6.0%
Q4 2023+1.7%+2.6%+1.6%
Q3 2023+17.2%+18.3%+20.3%
Q2 2023-2.1%-5.8%-15.4%
Q1 2023-18.7%-19.0%-14.3%
Q4 2022-2.7%-4.3%-6.5%
Q3 2022-0.1%+7.2%+20.9%
Q2 2022-1.3%+1.8%-13.4%
Q1 2022+0.9%-12.0%-3.8%
Q4 2021+15.1%+19.9%+12.2%
Q3 2021+12.8%+9.7%-4.6%
Q2 2021-11.8%-9.8%-12.5%
Q1 2021-8.2%-10.0%-8.6%
Q4 2020-14.7%-16.7%-14.0%
Q3 2020+9.2%+7.2%+17.4%
Q2 2020-0.8%+0.0%+3.1%
Q1 2020-4.2%-6.3%+10.0%
Q4 2019+7.3%+5.9%-16.4%
Q3 2019-27.6%-24.9%-30.4%
Q2 2019-3.5%+0.7%-10.4%
Q1 2019-6.3%-3.8%-13.8%
Q4 2018-6.7%-6.2%-18.4%
Q3 2018-15.5%-13.8%-21.9%
Q2 2018+9.8%+8.0%+23.4%
Q1 2018+8.0%+9.6%+15.9%
Q4 2017+2.3%-3.2%-4.5%
Q3 2017+11.5%+9.9%+14.9%
Q2 2017+6.6%+6.5%+13.6%
Q1 2017-7.0%-5.0%-6.5%
Q4 2016-5.7%-3.0%-7.7%
Q3 2016+0.7%+6.6%+16.4%
Q2 2016+5.6%+6.4%+8.1%
Q1 2016-2.2%
Q4 2015+1.7%
Q3 2015+4.6%
Q2 2015-1.1%
Q1 2014-2.4%
Q1 2015+2.2%
Q2 2014-0.3%
Q4 2012-0.3%
Q4 2014+3.7%
Q3 2014+0.7%
Q4 2013+0.7%
Q3 2013
Q2 2013
Q1 2013

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