Earnings Releases·Oct 28, 2026, 6:08 AM ET

Avantor — Third Quarter 2026 Earnings Summary

Net sales rose 4.6% year-over-year to $1,698.3 million with 5.2% organic growth; diluted GAAP EPS improved to $0.30 from a $1.04 loss in the prior year, while adjusted EPS held flat at $0.22.
Fiscal 2026 guidance was raised across key metrics: organic revenue growth to +0.75% to +1.25%, adjusted EPS to $0.81–$0.83, and free cash flow to $525–$550 million.
Adjusted EBITDA margin contracted to 15.1% from 16.5% in the prior year, driven by unfavorable product mix and higher SG&A expenses in the VWR Distribution & Services segment.
Strong free cash flow generation of $156.2 million contributed to a strengthened balance sheet, with adjusted net leverage improving to 3.1x.