HAEMONETICS CORP (HAE) FY2025 10-K Annual Report

Filed: May 21, 2025
Health Care
Surgical & Medical Instruments & ApparatusSEC EDGAR

HAEMONETICS CORP (HAE) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on May 21, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

HAEMONETICS CORP FY2025 10-K Analysis

Business Overview

  • Core business: Medical devices and technologies for plasma collection, blood centers, and hospitals
  • Emphasis on Plasma and Hospital segments as primary growth drivers; Blood Center focused on targeted plasma and platelet opportunities
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Management Discussion & Analysis

  • Revenue $1.361B, up 4.0% YoY; Hospital segment up 23.7% ($564M vs $456M), Plasma down 6.0% ($535M vs $570M), Blood Center down 7.8% ($261M vs $283M)
  • Operating margin 16.3% vs 12.6%; gross margin 55.0% vs 52.8%; net income margin 12.3% vs 9.0%
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Risk Factors

  • Regulatory risk from SEC Rule 10b5-1 affecting timing and execution of $500M share repurchase program through April 2028
  • Share repurchase program could increase stock price volatility and reduce market liquidity for common stock
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HAEMONETICS CORP FY2025 Key Financial Metrics
XBRL

Revenue

$1.4B

+4.0% YoY

Net Income

$168M

+42.6% YoY

Gross Margin

55.0%

+221bp YoY

Operating Margin

16.3%

+370bp YoY

Net Margin

12.3%

+334bp YoY

ROE

20.4%

+818bp YoY

Total Assets

$2.5B

+11.6% YoY

EPS (Diluted)

$3.31

+44.5% YoY

Operating Cash Flow

$182M

-0.0% YoY

Source: XBRL data from HAEMONETICS CORP FY2025 10-K filing on SEC EDGAR. All figures in USD.

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