NYSE$CRL

Charles River Laboratories International Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Charles River Laboratories reported Q4 2025 revenue of $994.2M with a GAAP loss of $(5.62) per share and non-GAAP EPS of $2.39.

Fourth quarter revenue was $994.2 million (down 0.8% reported, down 2.6% organic). GAAP net loss was $276.6 million ($(5.62) per share) on intangible and goodwill impairments; non-GAAP net income was $118.8 million ($2.39 per share). Management issued 2026 non-GAAP EPS guidance of $10.70–$11.20 on stabilizing DSA bookings.

  • Q4 revenue $994.2M; organic revenue down 2.6%.
  • Non-GAAP EPS $2.39; GAAP loss $(5.62) on impairments.
  • DSA Q4 net bookings improved; Manufacturing non-GAAP margin 32.1%.
  • 2026 non-GAAP EPS guide $10.70–$11.20.

Headline financials

Total Revenue

$994M

Previous: $1B-0.8%
EPS (adj)

$2.39

Previous: $2.66-10.2%
Net Income

-$276M

Previous: -$214M-29.3%
Operating Income

-$283M

Previous: -$168M-69.0%

Revenue & EPS history

Charles River Labs · Revenue · Quarterly

$994M

Q4 2025-0.8%vs Q4 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Charles River Labs · $1.03B total across 3 segments · Q3 2023

  • Discovery & Safety Assessment
    $664M+7.2%
  • Research Models & Services
    $187M+3.7%
  • Manufacturing Solutions
    $176M-7.3%

Forward guidance

2026 guidance assumes flat to +1.5% reported revenue with organic revenue down 1% to flat, driven by DSA recovery and Manufacturing growth partially offset by RMS headwinds.

Tailwinds

  • Fourth-quarter DSA net bookings strengthened materially.
  • Non-GAAP operating margin 18.1% despite revenue pressure.
  • K.F. Cambodia acquisition and cost actions support 2026 EPS growth.

Headwinds

  • GAAP losses from Biologics and Cell Solutions impairments.
  • Organic revenue still declined in Q4.
  • Planned divestitures (~7% of revenue) add transition risk.

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

+0.1%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+0.7%

Avg return

30 days after

47%

32 / 68 earnings

Positive

+18.4%

Q1 2025

Best reaction

-13.3%

Q3 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%-9.0%-0.1%
Q4 2025-1.8%+3.1%-3.1%
Q3 2025-5.5%-5.0%+3.6%
Q1 2025+18.4%+24.0%+25.4%
Q4 2024+6.9%+10.4%+8.3%
Q3 2024+11.5%+17.0%+1.7%
Q2 2024-11.7%-15.1%-17.8%
Q1 2024-3.0%-1.0%-8.7%
Q4 2023+11.4%+11.2%+17.6%
Q3 2023-7.3%-7.0%+11.8%
Q2 2023+5.5%+5.2%-3.2%
Q1 2023+2.7%+1.0%+6.1%
Q4 2022-6.7%-9.0%-20.4%
Q3 2022+4.8%+9.0%+7.4%
Q2 2022-6.6%-9.4%-17.8%
Q1 2022-1.2%-8.9%-3.3%
Q4 2021-6.7%-6.1%-8.3%
Q3 2021-12.2%-13.4%-17.3%
Q2 2021-0.3%-0.4%+9.3%
Q1 2021+4.0%+3.2%-0.1%
Q4 2020+2.0%-1.1%-0.0%
Q3 2020+2.6%+7.0%+3.7%
Q2 2020+6.8%+7.3%+0.4%
Q1 2020+11.1%+12.0%+24.2%
Q4 2019+8.6%+11.9%-21.3%
Q3 2019-2.5%+1.1%+12.0%
Q2 2019-5.1%-10.3%-7.0%
Q1 2019-4.2%-4.1%-10.4%
Q4 2018+8.1%+9.0%+11.1%
Q3 2018+8.8%+6.8%+3.0%
Q2 2018-5.2%-6.6%-1.6%
Q1 2018+0.3%-1.0%+8.5%
Q4 2017+8.2%+6.0%+9.9%
Q3 2017-13.3%-14.3%-11.9%
Q2 2017-1.7%-0.2%+10.0%
Q1 2017-3.8%-2.3%+2.8%
Q4 2016+7.6%+7.3%+8.4%
Q3 2016-9.0%-5.1%-3.0%
Q2 2016-0.0%-3.1%-3.0%
Q1 2016+2.5%
Q4 2015+3.9%
Q3 2015+5.7%
Q2 2015+1.4%
Q1 2015-8.8%
Q4 2014+6.3%
Q3 2014-1.9%
Q2 2014+6.0%
Q1 2014-6.6%
Q4 2013-1.6%
Q3 2013-1.2%
Q2 2013+3.4%
Q1 2013-3.9%
Q4 2012+0.9%
Q3 2012-5.3%
Q2 2012+2.3%
Q1 2012+1.8%
Q4 2010-1.3%
Q4 2011-1.3%
Q3 2011-5.0%
Q2 2011-9.4%
Q1 2010-2.4%
Q1 2011-0.1%
Q4 2008-0.9%
Q3 2010-4.4%
Q3 2009-4.4%
Q2 2010+3.6%
Q4 2009+3.6%
Q2 2009+3.6%

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