Financial Tables | Printer Friendly Version

 

First-quarter fiscal year 2026 

  • Revenue of $1.80 billion for the first quarter ended Jan. 31, 2026, representing growth of 7.0% reported and up 4.4% on a core(1) basis compared with the first quarter of 2025.
  • GAAP net income of $305 million; earnings per share (EPS) of $1.07, a decline of 4% from the first quarter of 2025.
  • Non-GAAP(2) net income of $386 million; non-GAAP EPS(3) of $1.36, growing 4% from the first quarter of 2025.


Fiscal year 2026 and second-quarter outlook

  • Fiscal year 2026 revenue is expected in the range of $7.3 billion to $7.5 billion, representing a range of up 5.5% to 7.5% reported and up 4% to 6% core(1). Non-GAAP EPS(3) is expected in the range of $5.90 to $6.04.
  • Fiscal second-quarter 2026 revenue guidance is expected in the range of $1.79 billion to $1.82 billion, growth of approximately 7% to 9% reported and up 4% to 5.5% core(1). Non-GAAP EPS(3) is expected in the range of $1.39 to $1.42 per share.


Agilent Technologies, Inc. (NYSE: A) today reported revenue of $1.80 billion for the first quarter ended Jan. 31, 2026, representing growth of 7.0% reported and up 4.4% core(1) compared with the first quarter of 2025.

First-quarter GAAP net income was $305 million, or $1.07 per share. This compares with $318 million, or $1.11 per share, in the first quarter of 2025. Non-GAAP(2) net income was $386 million, or $1.36 per share, during the quarter, compared with $377 million, or $1.31 per share, during the year-ago quarter.

"It was a solid start to the year with the Agilent team executing well in a healthy — albeit dynamic — market environment that included navigating the impact of a major U.S. snowstorm during the last week of the quarter," said Agilent President and CEO Padraig McDonnell. "On a normalized basis, excluding the weather-related impact, first-quarter results would have exceeded the midpoint of our guidance. This strong underlying performance allows us to maintain our core growth(1) and margin-expansion outlook for the full year, while modestly increasing our non-GAAP EPS range(3) for favorable currency. The continued momentum in our instrument-replacement cycle, strong engagement in Enterprise Services, and innovation across our portfolio reflect the strength of our customer-focused strategy. With Ignite as our enterprise-wide operating system — driving execution excellence and operational rigor — we are well positioned to deliver resilient growth and long-term value for our customers and shareholders."


Financial Highlights

Life Sciences and Diagnostics Markets Group
The Life Sciences and Diagnostics Markets Group (LDG) reported first-quarter revenue of $679 million, growth of 5% reported and 3% core(1) year-over-year. LDG's operating margin for the quarter was 16.0%.

Agilent CrossLab Group
The Agilent CrossLab Group (ACG) reported first-quarter revenue of $758 million, growth of 9% reported and 6% core(1) year-over-year. ACG's operating margin for the quarter was 31.6%.

Applied Markets Group
The Applied Markets Group (AMG) reported first-quarter revenue of $361 million, growth of 7% reported and 4% core(1) year-over-year. AMG's operating margin for the quarter was 25.8%.


Full Year 2026 and Second-Quarter Outlook

Full-year 2026 revenue outlook is expected in the range of $7.3 billion to $7.5 billion, representing growth of 5.5% to 7.5% reported and up 4% to 6% core(1). Non-GAAP EPS(3) is expected in the range of $5.90 to $6.04 per share.

The outlook for second-quarter 2026 revenue is expected to be in the range of $1.79 billion to $1.82 billion, representing growth of approximately 7% to 9% reported and up 4% to 5.5% core(1). Non-GAAP EPS(3) is expected in the range of $1.39 to $1.42 per share.

The outlook is based on forecasted currency exchange rates.


Conference Call

Agilent's management will present additional details regarding the company's first-quarter 2026 financial results on a conference call with investors today at 1:30 p.m. PST. This event will be broadcast live online in listen-only mode. To listen to the webcast, select the "Q1 2026 Agilent Technologies, Inc. Earnings Conference Call" link on the Agilent Investor Relations website. The replay of the call will remain on the company site for 90 days