AGILENT TECHNOLOGIES, INC.

A 10-K · FY 2025

A FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Revenue 6,948 6,510 +6.7%
Show Product Lines breakouts
Instrumentation 2,427 2,354 +3.1%
Non-Instrumentation and Other 4,521 4,156 +8.8%
Product 4,944 4,672 +5.8%
Service Other 2,004 1,838 +9.0%
Show Business Segments breakouts
Agilent CrossLab 2,908 2,747 +5.9%
Agilent CrossLab · Americas 1,095 1,048 +4.5%
Agilent CrossLab · Asia Pacific 1,002 958 +4.6%
Agilent CrossLab · Europe 811 741 +9.4%
Agilent CrossLab · Operating Segments 2,908 2,747 +5.9%
Applied Markets 1,314 1,297 +1.3%
Applied Markets · Americas 374 368 +1.6%
Applied Markets · Asia Pacific 614 623 -1.4%
Applied Markets · Europe 326 306 +6.5%
Applied Markets · Operating Segments 1,314 1,297 +1.3%
Life Sciences and Diagnostics Markets 2,726 2,466 +10.5%
Life Sciences and Diagnostics Markets · Americas 1,337 1,157 +15.6%
Life Sciences and Diagnostics Markets · Asia Pacific 603 586 +2.9%
Life Sciences and Diagnostics Markets · Europe 786 723 +8.7%
Life Sciences and Diagnostics Markets · Operating Segments 2,726 2,466 +10.5%
Show Geography breakouts
Americas 2,806 2,573 +9.1%
Asia Pacific 2,219 2,167 +2.4%
CN 1,224 1,217 +0.6%
Europe 1,923 1,770 +8.6%
Rest Of World 3,382 3,047 +11.0%
US 2,342 2,246 +4.3%
Show End Markets [Axis] breakouts
Academia and Government Market 540 567 -4.8%
Chemical and Advanced Materials Market 1,561 1,495 +4.4%
Diagnostics and Clinical Market 1,029 964 +6.7%
Environmental and Forensics Market 674 650 +3.7%
Food Market 637 592 +7.6%
Pharmaceutical and Biopharmaceutical Market 2,507 2,242 +11.8%
Cost of Revenue 3,305 2,975 +11.1%
Show Product Lines breakouts
Product 2,237 2,024 +10.5%
Service Other 1,068 951 +12.3%
Show Business Segments breakouts
Agilent CrossLab · Operating Segments 1,297 1,185 +9.5%
Applied Markets · Operating Segments 599 580 +3.3%
Life Sciences and Diagnostics Markets · Operating Segments 1,301 1,121 +16.1%
Research & Development 455 479 -5.0%
Show Business Segments breakouts
Agilent CrossLab · Operating Segments 106 105 +1.0%
Applied Markets · Operating Segments 93 94 -1.1%
Life Sciences and Diagnostics Markets · Operating Segments 248 250 -0.8%
Selling, General & Administrative 1,709 1,568 +9.0%
Show Business Segments breakouts
Agilent CrossLab · Operating Segments 559 532 +5.1%
Applied Markets · Operating Segments 321 311 +3.2%
Life Sciences and Diagnostics Markets · Operating Segments 641 611 +4.9%
Total Costs & Expenses 5,469 5,022 +8.9%
Operating Income 1,479 1,488 -0.6%
Show Business Segments breakouts
Agilent CrossLab · Operating Segments 946 925 +2.3%
Applied Markets · Operating Segments 301 312 -3.5%
Life Sciences and Diagnostics Markets · Operating Segments 536 484 +10.7%
Show Consolidation Items breakouts
Operating Segments 1,783 1,721 +3.6%
Interest Income 62 80 -22.5%
Interest Expense -112 -96 -16.7%
Other Non-Operating Income (Expense) 6 49 -87.8%
Income Before Taxes 1,435 1,521 -5.7%
Income Tax Expense (Benefit) 132 232 -43.1%
Show Reasonably Possible Significant Change In Unrecognized Tax Benefits By Item breakouts
Tax Interest and Penalties -9 1 -1000.0%
Net Income 1,303 1,289 +1.1%
Show Equity Components breakouts
Parent 1,303 1,289 +1.1%
Retained Earnings 1,303 1,289 +1.1%
EPS (Basic) 4.59 4.44 +3.4%
EPS (Diluted) 4.57 4.43 +3.2%
Wtd Avg Shares (Basic) 284 290 -2.1%
Wtd Avg Shares (Diluted) 285 291 -2.1%
Operating Expenses (FY)
Show Consolidation Items breakouts
Corporate Non Segment 304 233 +30.5%
Comprehensive Income 1,382 1,311 +5.4%
Show Equity Components breakouts
Parent 1,382 1,311 +5.4%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax -1 -7 +85.7%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 1,789 1,329 +34.6%
Show Geography breakouts
Non Us 1,656
Accounts Receivable 1,487 1,324 +12.3%
Inventory 1,025 972 +5.5%
Other Assets Current 293 334 -12.3%
Total Current Assets 4,594 3,959 +16.0%
Non-Current Assets
Property, Plant & Equipment 2,023 1,778 +13.8%
Goodwill 4,473 4,477 -0.1%
Show Business Segments breakouts
Agilent CrossLab 1,168 1,168 0.0%
Applied Markets 309 309 0.0%
Life Sciences and Diagnostics Markets 2,996 3,000 -0.1%
Long Term Investments 133 175 -24.0%
Other Non-Current Assets 1,059 910 +16.4%
Total Assets 12,727 11,846 +7.4%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 44 79 -44.3%
Operating Lease Right-of-Use Assets 183 177 +3.4%
Other Assets
Intangible Assets Net Excluding Goodwill 445 547 -18.6%
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Relationships 160 184 -13.0%
Developed Technology Rights 249 315 -21.0%
Order Or Production Backlog 7 9 -22.2%
Third-Party Technology and Licenses 11 14 -21.4%
Trademarks 18 25 -28.0%
Current Liabilities
Accounts Payable 570 540 +5.6%
Employee Related Liabilities Current 443 368 +20.4%
Deferred Revenue 624 544 +14.7%
Short Term Borrowings 304 45 +575.6%
Show Debt Instrument breakouts
Other Loans 4 5 -20.0%
Other Liabilities Current 406 398 +2.0%
Total Current Liabilities 2,347 1,895 +23.9%
Long-Term Debt 3,050 3,345 -8.8%
Show Debt Instrument breakouts
Other Loans 20 19 +5.3%
Senior Notes 2027 · Senior Notes 597 596 +0.2%
Senior Notes 2029 · Senior Notes 497 496 +0.2%
Senior Notes 2030 · Senior Notes 498 497 +0.2%
Senior Notes 2031 · Senior Notes 845 845 0.0%
Senior Notes 2034 · Senior Notes 593 593 0.0%
Show Long-Term Debt Type breakouts
Senior Notes 3,030 3,326 -8.9%
Current Portion of Long-Term Debt (Q)
Show Debt Instrument breakouts
Senior Notes 2026 · Senior Notes 300
Non-Current Liabilities
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent 126 130 -3.1%
Other Non-Current Liabilities 463 578 -19.9%
Total Liabilities 5,986 5,948 +0.6%
Operating Lease Liabilities 145 142 +2.1%
Accrued Income Taxes Noncurrent -28 -115 +75.7%
Stockholders' Equity
Common Stock 3 3 0.0%
Additional Paid-In Capital 5,575 5,450 +2.3%
Retained Earnings 1,389 750 +85.2%
Accumulated Other Comprehensive Income -226 -305 +25.9%
Total Stockholders' Equity 6,741 5,898 +14.3%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -226 -305 +25.9%
Additional Paid In Capital 5,575 5,450 +2.3%
Common Stock 3 3 0.0%
Parent 6,741 5,898 +14.3%
Retained Earnings 1,389 750 +85.2%
Total Liabilities & Equity 12,727 11,846 +7.4%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Depreciation & Amortization 288 257 +12.1%
Stock-Based Compensation 128 129 -0.8%
Deferred Income Taxes -130 -64 -103.1%
Inventory Write Down 45 45 0.0%
Equity Securities Fv Ni Gain Loss -36 6 -700.0%
Impairment Of Intangible Assets Excluding Goodwill 15 19 -21.1%
Other Non-Cash Items 5 -1 +600.0%
Change in Accounts Receivable -149 7 -2228.6%
Change in Inventory -97 34 -385.3%
Change in Accounts Payable 16 103 -84.5%
Increase Decrease In Employee Related Liabilities 69 -12 +675.0%
Increase Decrease In Other Operating Capital Net 30 -49 +161.2%
Net Cash from Operations 1,559 1,751 -11.0%
Change in Deferred Revenue 564 469 +20.3%
Investing Activities
Capital Expenditures -407 -378 -7.7%
Proceeds From Sale Of Equity Securities Fv Ni 8
Proceeds From Sale Of Notes Receivable 2
Payments To Acquire Notes Receivable -1 -13 +92.3%
Payments To Acquire Businesses Net Of Cash Acquired 4 -862 +100.5%
Net Cash from Investing -394 -1,258 +68.7%
Financing Activities
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options 72 77 -6.5%
Tax Withholding for Share Compensation 29 30 -3.3%
Share Repurchases -425 -1,150 +63.0%
Payment Of Excise Taxes Related To Repurchases Of Common Stock -10 -3 -233.3%
Payments Of Dividends Common Stock -282 -274 -2.9%
Proceeds From Issuance Of Long Term Debt 4 1,197 -99.7%
Repayments Of Long Term Debt -3 -600 +99.5%
Proceeds From Repayments Of Short Term Debt -42 40 -205.0%
Net Cash from Financing -715 -752 +4.9%
Supplemental
Income Taxes Paid 318 314 +1.3%
Interest Paid 101 80 +26.2%
Increase Decrease In Other Accounts Payable And Accrued Liabilities 11 9 +22.2%
Share Repurchase Program Excise Tax Payable 3 10 -70.0%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 9 -2 +550.0%
Net Change in Cash 459 -261 +275.9%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,791 1,332 +34.5%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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