UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
The unaudited pro forma condensed consolidated financial statements presented herein have been prepared in accordance with Article 11 of Regulation S-X and are based upon the Company’s audited consolidated financial statements for the year ended December 28, 2025 and the unaudited consolidated financial statements for the six months ended July 5, 2026 and certain assumptions, as set forth in the notes to unaudited pro forma condensed consolidated financial statements, that the Company believes are reasonable. On July 31, 2026, the Company entered into a definitive agreement to divest its Immunodiagnostics business in China (“China IDX”). The unaudited pro forma condensed consolidated balance sheet is presented as if the sale had been completed on July 5, 2026 and the unaudited pro forma condensed consolidated statements of operations are presented as if the sale had been completed on December 30, 2024. The pro forma adjustments presented herein are based on estimates and certain information that is currently available and may change as additional information becomes available. The unaudited pro forma condensed consolidated financial statements are not necessarily indicative of the results of operations or the financial position that would have resulted had the sale of China IDX been completed at the beginning of or as of the periods presented, nor is it indicative of the results of operations in future periods or the future financial position of the Company.
Revvity, Inc. and Subsidiaries
UNAUDITED PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET
AS OF JULY 5, 2026
(In thousands)
Historical
Disposition and Pro Forma Adjustments
Pro Forma
Current assets:
Cash and cash equivalents
$
1,022,943
$
8,166
(a), (b)
$
1,031,109
Accounts receivable, net
709,175
(86,671)
(a)
622,504
Inventories, net
378,502
(7,142)
(a)
371,360
Other current assets
187,101
56,522
(a), (b)
243,623
Total current assets
2,297,721
(29,125)
2,268,596
Property, plant and equipment, net
456,251
(14,173)
(a)
442,078
Operating lease right-of-use assets, net
150,945
(4,232)
(a)
146,713
Intangible assets, net
2,224,001
(127,675)
(a)
2,096,326
Goodwill
6,607,802
(35,000)
(a)
6,572,802
Other assets, net
309,114
44,794
(a), (b)
353,908
Total assets
$
12,045,834
$
(165,411)
(a)
$
11,880,423
Current liabilities:
Current portion of long-term debt
$
572,156
$
—
$
572,156
Accounts payable
165,740
(3,679)
(a)
162,061
Accrued expenses and other current liabilities
538,461
3,741
(a)
542,202
Total current liabilities
1,276,357
62
1,276,419
Long-term debt
2,633,094
$
—
2,633,094
Long-term liabilities
771,359
(33,490)
(a), (b)
737,869
Operating lease liabilities
136,266
(2,915)
(a)
133,351
Total liabilities
4,817,076
(36,343)
4,780,733
Total stockholders' equity
7,228,758
(129,068)
(a), (b)
7,099,690
Total liabilities and stockholders' equity
$
12,045,834
$
(165,411)
$
11,880,423
PREPARED IN ACCORDANCE WITH GAAP
Revvity, Inc. and Subsidiaries
UNAUDITED PRO FORMA CONDENSED CONSOLIDATED INCOME STATEMENTS
Six Months Ended July 5, 2026
Six Months Ended June 29, 2025
(In thousands, except per share data)
Historical
Disposition and Pro Forma Adjustments
Pro Forma
Historical
Disposition and Pro Forma Adjustments
Pro Forma
Revenue
$
1,440,806
$
(42,785)
(c)
$
1,398,021
$
1,385,046
$
(75,801)
(c)
$
1,309,245
Cost of revenue
636,285
(24,243)
(c)
612,042
616,944
(38,754)
(c)
578,190
Selling, general and administrative expenses
532,458
(26,943)
(c)
505,515
498,245
8,904
(c), (d)
507,149
Research and development expenses
106,861
(177)
106,684
106,867
—
106,867
Operating income from continuing operations
165,202
8,578
173,780
162,990
(45,951)
117,039
Interest income
(11,563)
28
(c)
(11,535)
(18,426)
31
(c)
(18,395)
Interest expense
47,708
—
47,708
45,901
—
45,901
Change in fair value of investments
9,455
—
9,455
(1,118)
—
(1,118)
Other expense, net
6,079
488
(c)
6,567
15,601
(1,305)
(c)
14,296
Income from continuing operations, before income taxes
113,523
8,062
121,585
121,032
(44,677)
76,355
Provision for income taxes
19,149
(1,335)
(c)
17,814
24,141
(477)
(c), (d)
23,664
Income from continuing operations
94,374
9,397
103,771
96,891
(44,200)
52,691
Loss from discontinued operations
(1,836)
—
(1,836)
(706)
—
(706)
Net income
$
92,538
$
9,397
$
101,935
$
96,185
$
(44,200)
$
51,985
Diluted earnings per share:
Income from continuing operations
$
0.84
$
0.93
$
0.82
$
0.44
Loss from discontinued operations
(0.02)
(0.02)
(0.01)
(0.01)
Net income
$
0.82
$
0.91
$
0.81
$
0.43
Weighted average diluted shares of common stock outstanding
111,746
111,746
118,882
118,882
ABOVE PREPARED IN ACCORDANCE WITH GAAP
Revvity, Inc. and Subsidiaries
UNAUDITED PRO FORMA CONDENSED CONSOLIDATED INCOME STATEMENTS
Twelve Months Ended December 28, 2025
(In thousands, except per share data)
Historical
Disposition and Pro Forma Adjustments
Pro Forma
Revenue
$
2,856,051
$
(164,552)
(c)
$
2,691,499
Cost of revenue
1,291,686
(99,558)
(c)
1,192,128
Selling, general and administrative expenses
991,890
(26,688)
(c), (d)
965,202
Research and development expenses
215,840
—
215,840
Operating income from continuing operations
356,635
(38,306)
318,329
Interest income
(31,103)
76
(c)
(31,027)
Interest expense
92,185
—
92,185
Change in fair value of investments
11,456
—
11,456
Other expense, net
15,820
(2,765)
(c)
13,055
Income from continuing operations, before income taxes
268,277
(35,617)
232,660
Provision for income taxes
28,394
2,307
(c), (d)
30,701
Income from continuing operations
239,883
(37,924)
201,959
Income from discontinued operations
1,318
—
1,318
Net income
$
241,201
$
(37,924)
$
203,277
Diluted earnings per share:
Income from continuing operations
$
2.06
$
1.73
Income from discontinued operations
0.01
0.01
Net income
$
2.07
$
1.74
Weighted average diluted shares of common stock outstanding
116,595
116,595
ABOVE PREPARED IN ACCORDANCE WITH GAAP
Revvity, Inc. and Subsidiaries
NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
1.Pro Forma Adjustments
(a) To eliminate all historical assets and liabilities of China IDX.
(b) To reflect a potential consideration from the sale of China IDX of $140 million, which includes certain liabilities to be transferred and excludes certain contingent consideration.
(c) To eliminate the historical revenues and expenses of China IDX.
(d) Includes the loss on the probable disposition of China IDX of $42 million, including tax impacts.