Embecta Corp. has reported its financial results for the fourth quarter and full year of fiscal 2025, along with initial fiscal year 2026 financial guidance. The company's reported revenues decreased by 7.7% to $264.0 million in the fourth quarter of 2025 compared to the same period in 2024. However, adjusted revenues were down 10.4% on an adjusted constant currency basis. The gross profit and margin for the fourth quarter were $158.5 million and 60.0%, respectively, compared to $173.8 million and 60.7% in the prior year period. Adjusted operating income and margin increased to $66.7 million and 25.3%, compared to $61.2 million and 21.1% in the prior year period. Net income for the fourth quarter was $26.4 million, with adjusted earnings per diluted share of $0.50, up from $25.9 million and $0.45 in the prior year period.
For the full fiscal year 2025, reported revenues decreased by 3.8% to $1,080.4 million compared to the prior year, while adjusted revenues were down 3.9% on an adjusted constant currency basis. The gross profit and margin for the full year were $676.8 million and 62.6%, compared to $735.2 million and 65.5% in the prior year period. Adjusted operating income and margin increased to $337.7 million and 31.3%, compared to $296.9 million and 26.3% in the prior year period. Net income for the full year was $95.4 million, with adjusted earnings per diluted share of $2.95, up from $78.3 million and $1.34 in the prior year period.
In terms of strategic highlights, Embecta Corp. has focused on strengthening its core business, expanding its product portfolio, and increasing financial flexibility. The company also provided preliminary fiscal year 2026 financial guidance, expecting reported revenues to range from $1,071 million to $1,093 million, with an adjusted constant currency revenue growth between -2.0% and 0.0%, and an adjusted operating margin of 29.0% to 30.0%. Additionally, the company repaid approximately $72.4 million of outstanding principal under its term loan B facility during the fourth quarter of 2025 and declared a quarterly cash dividend of $0.15 per share.
Embecta Corp.'s management will host a conference call on November 25, 2025, to discuss the results of the quarter and full year, provide an update on its business, and host a question and answer session. The market has reacted to these announcements by moving the company's shares 0.48% to a price of $14.64. For the full picture, make sure to review Embecta's 8-K report.
