Integer Holdings Corporation (NYSE: ITGR) has reported its financial results for the fourth quarter and full year of 2025. In the fourth quarter of 2025, the company achieved a 5% increase in sales, reaching $472 million compared to the same period in 2024. The GAAP operating income decreased by $1 million to $56 million, while the adjusted operating income increased by $7 million to $83 million. GAAP income from continuing operations increased by $16 million to $49 million, and adjusted net income increased by $11 million to $62 million. The GAAP diluted EPS from continuing operations increased by $0.47 per share to $1.38 per share, and the adjusted EPS increased by $0.33 per share to $1.76 per share.
For the full year of 2025, Integer Holdings Corporation achieved an 8% increase in sales, reaching $1.854 billion compared to the full year of 2024. The GAAP operating income increased by $13 million to $221 million, and the adjusted operating income increased by $37 million to $321 million. GAAP income from continuing operations decreased by $18 million to $103 million, while adjusted net income increased by $42 million to $226 million. The GAAP diluted EPS from continuing operations decreased by $0.51 per share to $2.89 per share, and the adjusted EPS increased by $1.10 per share to $6.40 per share. Adjusted EBITDA increased by $42 million to $402 million.
In terms of product line performance, sales in cardio & vascular increased by 11% to $284 million in the fourth quarter of 2025 compared to the same period in 2024, and full-year sales increased by 17% year-over-year to $1.107 billion. However, sales in other markets decreased by 13% to $21 million in the fourth quarter of 2025 and decreased by 27% year-over-year to $78 million for the full year.
The company also announced its 2026 outlook, maintaining the midpoint of sales growth and the high end of adjusted EPS growth from the October outlook. The outlook includes expectations for sales, operating income, EBITDA, net income, diluted EPS, and cash flow from operating activities.
To support its growth and financial performance, the company repurchased 698,356 common shares for $50 million. Additionally, Integer Holdings Corporation plans to commence an accelerated share repurchase program to repurchase approximately $50 million of its common stock under its existing share repurchase program.
The market has reacted to these announcements by moving the company's shares 0.59% to a price of $85.78. For more information, read the company's full 8-K submission here.
