DENTSPLY SIRONA Inc

Latest Results (03.10.2025):

DENTSPLY SIRONA Inc reported its financial results for the first quarter of 2025, showing a decline in net sales and organic sales compared to the same period last year. Despite these decreases, the company maintained its full-year 2025 outlook and demonstrated improvements in adjusted EBITDA margin, reflecting ongoing transformational initiatives and operational efficiencies.

Net Sales Decline

For Q1 2025, DENTSPLY SIRONA Inc reported net sales of $879 million, a decrease of 7.7% compared to Q1 2024. Organic sales also fell by 4.4%, impacted by a 4.0% decrease in Byte sales.

Profit Margins

The GAAP gross margin remained relatively stable at 53.0%, slightly down from 53.1% in the previous year. On a non-GAAP basis, the adjusted gross margin improved to 56.3%, and the adjusted EBITDA margin expanded to 19.0% from 16.8% year-over-year.

Net Income and Earnings Per Share

GAAP net income for Q1 2025 was $20 million, or $0.10 per share, up from $18 million in Q1 2024. Adjusted earnings per share increased by 3.7% to $0.43.

Operational Highlights

Organic sales were approximately flat excluding the Byte sales impact, with growth observed in two out of three regions. The adjusted EBITDA margin expansion reflects benefits from transformational initiatives and enhanced financial discipline.

Full-Year 2025 Outlook

DENTSPLY SIRONA Inc is maintaining its full-year 2025 outlook, expecting organic sales to decline between 4.0% and 2.0% and adjusted earnings per share to remain within the anticipated range. The company also expects reported sales to increase due to favorable foreign exchange changes.

Cash Flow and Liquidity

The company reported a net increase in cash and cash equivalents of $126 million for Q1 2025, bringing the total to $398 million at the end of the period. Operating cash flow was supported by net income and improvements in working capital.