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Hologic, Inc.

NASDAQ•HOLX
CEO: Mr. Stephen P. MacMillan
Sector: Healthcare
Industry: Medical - Instruments & Supplies
Listing Date: 1990-03-01
Hologic, Inc. engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide. The company operates through four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health. It provides Aptima molecular diagnostic assays to detect the infectious microorganisms; Aptima viral load assays for Hepatitis B virus, Hepatitis C virus, human immunodeficiency virus, and human cytomegalo virus; Aptima bacterial vaginosis and candida vaginitis assays for the diagnosis of vaginitis; Aptima SARS-CoV-2 and Panther Fusion SARS-CoV-2 assays to detect SARS-CoV-2; ThinPrep System for cytology applications; and Rapid Fetal Fibronectin Test that assists physicians in assessing the risk of pre-term birth. The company also offers breast cancer care solutions in the areas of radiology, breast surgery, pathology, and treatment, such as 3D digital mammography systems, image analytics software, reading workstations, minimally invasive breast biopsy guidance systems, breast biopsy site markers, localization, and specimen radiology solutions; and breast conserving surgery products. In addition, it provides MyoSure Hysteroscopic Tissue Removal System for the removal of fibroids and polyps in the uterus; NovaSure Endometrial Ablation System to treat abnormal uterine bleeding; Fluent Fluid Management System that provides liquid distention during diagnostic and operative hysteroscopic procedures; Acessa ProVu system to treat various fibroids; and CoolSeal portfolio, such as bipolar vessel sealing devices. Further, it offers Horizon DXA, a dual energy X-ray system; and Fluoroscan Insight FD mini C-arm to perform minimally invasive orthopedic surgical procedures. It sells its products through direct sales, service forces, independent distributors, and sales representatives. The company was incorporated in 1985 and is headquartered in Marlborough, Massachusetts.
Contact Information
250 Campus Drive, Marlborough, MA, 01752, United States
508-263-2900
www.hologic.com
Market Cap
$16.79B
P/E (TTM)
31.0
57.7
Dividend Yield
--
52W High
$75.75
52W Low
$51.90
52W Range
98%
Rank17Top 4.2%
6.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$1.05B+2.54%
4-Quarter Trend

EPS

$0.80-8.05%
4-Quarter Trend

FCF

$215.20M+51.23%
4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

Total Revenue Growth Total Revenues $1.05B, up 2.5% driven by strong service revenue growth and GYN Surgical segment expansion.
Breast Health Income Surge Breast Health segment income $102.8M, increasing 14.6% due to higher service revenue and improved gross margin.
Strong Operating Cash Flow Operating cash flow provided $229.9M, significantly higher than $189.3M last year, driven by net income improvement.
Ending Cash Position Ending cash balance $2.17B, reflecting $208.5M net increase during the three months ended December 27, 2025.

Risk Factors

Product Recall Impact Brevera 9 Gauge Needles recall may prolong stop-ship, impacting Breast Health revenue which was 4.7% of FY25 sales.
Merger Execution Uncertainty Merger closing subject to regulatory approvals and stockholder vote; litigation risks remain concerning proxy statement disclosures.
Gross Margin Pressure Product cost percentage rose to 38.7% from 36.8%, partially driven by $15.3M increase in tariff costs incurred.
GYN Surgical Income Decline GYN Surgical operating income declined 30.9% to $40.5M due to lower gross profit and inclusion of Gynesonics expenses.

Outlook

Merger Closing Timeline Merger with Blackstone/TPG expected to close in first half of calendar year 2026, pending final approvals and conditions.
Future Revenue Backlog Remaining performance obligations total $841.6M, primarily related to maintenance contracts, recognized over next four years.
Debt Covenant Compliance Company remains in compliance with leverage covenants; $1.169B outstanding on 2025 Term Loan maturing July 2030.
Stock Repurchase Restriction $937.5M remains authorized for stock repurchase, but current plan is suspended pending written consent after Merger Agreement.

Peer Comparison

Revenue (TTM)

CNC stock ticker logoCNC
$194.78B
+19.4%
FMS stock ticker logoFMS
$22.15B
+1.5%
THC stock ticker logoTHC
$21.31B
+3.1%

Gross Margin (Latest Quarter)

RPRX stock ticker logoRPRX
100.0%
+0.0pp
NBIX stock ticker logoNBIX
97.8%
-0.5pp
COO stock ticker logoCOO
67.9%
-10.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
THC$19.75B14.034.8%44.4%
RPRX$19.65B25.711.9%45.6%
ILMN$17.67B20.834.9%38.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.4%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 29, 2026
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LTM
No Data