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• Revenue: $1.8 billion, growing 4.4% on a core basis.

• Operating Margin: 24.6%, in line with expectations.

• EPS: $1.36, within expectations.

• Gross Margin: 53.7%, down 100 basis points year over year.

• Operating Cash Flow: $268 million.

• Capital Expenditures: $93 million.

• Share Repurchases: $152 million.

• Dividends Paid: $72 million.

• Net Leverage Ratio: 0.8 turns.

• Full Year Revenue Guidance: $7.3 to $7.5 billion, 4 to 6% core growth.

• Full Year EPS Guidance: $5.90 to $6.04, 5.5 to 8% growth.

• Q2 Revenue Guidance: $1.79 to $1.82 billion, 4 to 5.5% core growth.

• Q2 EPS Guidance: $1.39 to $1.42, 6 to 8% growth.

• Warning! GuruFocus has detected 4 Warning Sign with RMYHY.

• Is A fairly valued? Test your thesis with our free DCF calculator.

Release Date: February 25, 2026

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

• Agilent Technologies Inc (NYSE:A) reported $1.8 billion in revenue for Q1 2026, growing 4.4% on a core basis, within their guidance range.

• The company experienced strong growth in its enterprise services business, which represents roughly 10% of total services revenue and has grown at a low double-digit CAGR.

• Agilent's Altura ultra inert column portfolio has seen significant adoption, with 50% of the top 20 biopharma companies ordering these columns since launch.

• The Pro IQ LCMS product line showed robust uptake, with growth of the single quad family exceeding 40% in the quarter.

• Agilent's Ignite operating system has delivered clear financial results, including doubling pricing realization and generating substantial procurement savings.

Negative Points

• The company faced a $10 million revenue impact due to a winter storm in the US, affecting logistics and shipping operations.

• Gross margins were down by 100 basis points year over year, primarily due to tariff headwinds.

• The LDG segment grew only 3%, below expectations, impacted by weather and softness in academia and government funding.

• The food business declined 4%, with strong growth outside China offset by previous stimulus benefits in China.

• Academia and government markets were down 8%, more than expected, with continued softness in US funding.

Q & A Highlights

Q: Can you elaborate on the impact of the snowstorm and expectations for revenue recovery? A: Padraig Mcdonnell, CEO, explained that the snowstorm had a $10 million impact on revenue, primarily due to logistics disruptions. CFO Adam Elinoff added that most of the revenue has already been recovered, with some services taking longer. The margin impact was modest, and the quarter's performance was a reasonable proxy for actual results.