HAEMONETICS CORP
Business
Haemonetics is a global medical technology company providing automated plasma collection systems, blood collection and processing devices, and hospital technologies for interventional and blood management procedures. The company offers plasma collection devices and donor management software to plasma collection centers, blood component collection systems to blood centers, and vascular closure, sensor-guided, esophageal protection, hemostasis management, cell salvage, and transfusion management products to hospitals. Haemonetics markets its products in approximately 90 countries through direct sales and independent distributors to biopharmaceutical companies, blood centers, hospitals, and group purchasing organizations.
Summary from 10-K filed 2026-05-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Net revenues | 1,334 | 1,361 | 1,309 | 1,169 | 993 | |
| Cost of goods sold | 546 | 612 | 618 | 554 | 488 | |
| Gross profit | 788 | 749 | 692 | 615 | 506 | |
| Research and development | 60 | 63 | 54 | 50 | 47 | |
| Selling, general and administrative | 442 | 437 | 430 | 377 | 340 | |
| Amortization of acquired intangible assets | 44 | 48 | 32 | 33 | 47 | |
| Remeasurement of contingent consideration | −2 | −23 | 0 | 0 | — | |
| Impairment of intangible assets | 87 | 2 | 10 | — | — | |
| Total operating expenses | 631 | 527 | 527 | 459 | 425 | |
| Operating income | 157 | 222 | 165 | 156 | 81 | |
| Interest and other expense, net | −29 | −10 | −13 | −15 | −17 | |
| Income before provision for income taxes | 128 | 212 | 152 | 141 | 64 | |
| Provision for income taxes | 31 | 44 | 34 | 26 | 20 | |
| Net income | 97 | 168 | 118 | 115 | 43 | |
| Basic (in dollars per share) | 2.06 | 3.33 | 2.32 | 2.27 | 0.85 | |
| Diluted (in dollars per share) | 2.05 | 3.31 | 2.29 | 2.24 | 0.84 | |
| Basic (in shares) | 47 | 50 | 51 | 51 | 51 | |
| Diluted (in shares) | 47 | 51 | 51 | 51 | 51 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 245 | 307 | 179 | 284 | 259 | |
| Accounts receivable, less allowance for credit losses of $3,693 as of March 28, 2026 and $6,300 as of March 29, 2025 | 217 | 203 | 207 | 179 | 159 | |
| Inventories, net | 306 | 365 | 317 | 259 | 293 | |
| Prepaid expenses and other current assets | 66 | 60 | 66 | 47 | 44 | |
| Total current assets | 835 | 935 | 769 | 770 | 756 | |
| Property, plant and equipment, net | 306 | 284 | 311 | 311 | 258 | |
| Intangible assets, less accumulated amortization of $363,763 as of March 28, 2026 and $316,313 as of March 29, 2025 | 448 | 456 | 406 | 276 | 310 | |
| Goodwill | 656 | 604 | 565 | 466 | 467 | |
| Deferred tax asset | 10 | 8 | 8 | 5 | 4 | |
| Other long-term assets | 142 | 164 | 136 | 107 | 63 | |
| Total assets | 2,396 | 2,451 | 2,196 | 1,935 | 1,860 | |
| Notes payable and current maturities of long-term debt | 5 | 304 | 10 | 12 | 214 | |
| Accounts payable | 51 | 67 | 73 | 64 | 58 | |
| Accrued payroll and related costs | 68 | 59 | 81 | 64 | 49 | |
| Other current liabilities | 158 | 148 | 136 | 112 | 121 | |
| Total current liabilities | 283 | 578 | 300 | 252 | 442 | |
| Long-term debt, net of current maturities | 1,220 | 921 | 798 | 754 | 559 | |
| Deferred tax liability | 38 | 63 | 63 | 36 | 29 | |
| Other long-term liabilities | 59 | 68 | 75 | 75 | 80 | |
| Common stock, $0.01 par value; Authorized 150,000,000 shares; Issued and outstanding 45,252,667 shares as of March 28, 2026 and 48,215,899 shares as of March 29, 2025 | 453,000 | 482,000 | 508,000 | 504,000 | 511,000 | |
| Additional paid-in capital | 554 | 523 | 635 | 595 | 572 | |
| Retained earnings | 279 | 352 | 360 | 253 | 202 | |
| Accumulated other comprehensive loss | −38 | −55 | −36 | −30 | −26 | |
| Total stockholders equity | 796 | 821 | 960 | 818 | 749 | |
| Total liabilities and stockholders equity | 2,396 | 2,451 | 2,196 | 1,935 | 1,860 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 112 | 116 | 97 | 93 | 98 | |
| Amortization of fair value inventory step-up | 6 | 15 | 3 | 0 | 0 | |
| Share-based compensation expense | 34 | 30 | 28 | 26 | 24 | |
| Impairment of intangible assets | 87 | 2 | 10 | 607,000 | 8 | |
| Gain on repurchase of convertible senior notes, net | 0 | −13 | 0 | 0 | — | |
| Gains on sales of property, plant and equipment | −714,000 | −16 | −1 | −943,000 | — | |
| Remeasurement of contingent consideration | −2 | −23 | 0 | −504,000 | — | |
| Deferred income taxes | −26 | −5 | −11 | 5 | 5 | |
| Other non-cash operating activities | 11 | 10 | 12 | 9 | 6 | |
| Change in accounts receivable | −15 | 7 | −24 | −24 | −35 | |
| Change in inventories | 47 | −65 | −60 | 31 | 24 | |
| Change in prepaid income taxes | −5 | 226,000 | −983,000 | 2 | 3 | |
| Change in other assets and other liabilities | −35 | −25 | −34 | −22 | −15 | |
| Change in accounts payable and accrued expenses | −17 | −19 | 45 | 40 | 8 | |
| Net cash provided by operating activities | 293 | 182 | 182 | 273 | 172 | |
| Capital expenditures | −33 | −39 | −38 | −191 | −97 | |
| Proceeds from divestiture and sale of assets | 0 | 43 | 2 | 850,000 | 11 | |
| Proceeds from sale of property, plant and equipment | 1 | 23 | 2 | 2 | 2 | |
| Non-cash transfers from inventory to property, plant and equipment for Haemonetics equipment | −52 | −21 | −28 | 81 | 52 | |
| Acquisitions | 60 | 151 | 244 | 3 | 3 | |
| Other investments | −36 | −17 | −16 | −33 | 0 | |
| Net cash used in investing activities | −180 | −162 | −322 | −144 | −86 | |
| Proceeds from issuance of convertible notes | 0 | 700 | 0 | 0 | 0 | |
| Repayment and repurchase of convertible notes | −300 | −186 | 0 | — | — | |
| Purchase of capped call related to convertible notes | 0 | −88 | 0 | 0 | 0 | |
| Term loan borrowings | 0 | 250 | 0 | 280 | 0 | |
| Term loan redemption | 0 | −263 | 0 | −280 | 0 | |
| Repayment of term loan borrowings | −6 | −5 | −12 | — | — | |
| Proceeds from revolving facility | 300 | 0 | 110 | 50 | 0 | |
| Payments on revolving facility | 0 | −50 | −60 | −50 | 0 | |
| Debt issuance costs | 0 | −23 | 0 | −1 | 0 | |
| Proceeds from employee stock purchase plan | 8 | 8 | 7 | 7 | 4 | |
| Cash used to net share settle employee equity awards | −5 | −10 | −6 | 0 | 0 | |
| Share repurchases | −175 | −225 | 0 | −75 | 0 | |
| Other financing activities | −102,000 | −249,000 | −922,000 | −44,000 | −5,000 | |
| Net cash (used in) provided by financing activities | −178 | 109 | 38 | −100 | −16 | |
| Effect of exchange rates on cash and cash equivalents | 3 | −685,000 | −3 | −4 | −3 | |
| Net Change in Cash and Cash Equivalents | −61 | 128 | −106 | 25 | 67 | |
| Interest paid | 17 | 17 | 21 | 14 | 6 | |
| Income taxes paid | 61 | 49 | 53 | 18 | 24 | |
| Fair value of previously held equity interest settled in connection with acquisition | 47 | 0 | 0 | — | — | |
| Settlement of pre-existing loan in connection with acquisition | 36 | 0 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is HAEMONETICS CORP's CIK number?
HAEMONETICS CORP's SEC CIK number is 0000313143 (313143). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find HAEMONETICS CORP's SEC filings?
All of HAEMONETICS CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did HAEMONETICS CORP last report earnings?
HAEMONETICS CORP (HAE) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000313143-26-000031). This is HAEMONETICS CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is HAEMONETICS CORP's most recent earnings 8-K?
HAEMONETICS CORP's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0000313143-26-000031. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View HAEMONETICS CORP's latest earnings 8-K →
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