Agilent Technologies Reports 6% Revenue Growth in Second Quarter, Raises Full-Year Outlook
Agilent Technologies announced revenue of $1.67 billion for the second quarter ended April 30, 2025, marking a 6.0% increase year-over-year. The company also raised its financial outlook for the full fiscal year.
Santa Clara, Calif. – Agilent Technologies reported its second-quarter financial results on Tuesday, posting revenue of $1.67 billion for the period ending April 30, 2025. This represents a 6.0% reported increase and a 5.3% core increase compared to the second quarter of 2024.
The company has raised its revenue outlook for the full fiscal year 2025, now projecting it to be in the range of $6.73 billion to $6.81 billion, reflecting a 3.4% to 4.6% reported growth. Agilent also increased its earnings per share forecast, expecting non-GAAP EPS for the full year to be between $5.54 and $5.61.
Second-quarter GAAP net income was $215 million, or $0.75 per share, down from $308 million, or $1.05 per share, in the year-ago quarter. However, non-GAAP net income rose to $373 million, or $1.31 per share, up 7% from $356 million, or $1.22 per share, in the second quarter of 2024.
"The Agilent team delivered strong second-quarter results in a highly dynamic market environment," said Agilent President and CEO Padraig McDonnell. "That is in large part due to our Ignite Transformation, which is driving our financial success as it’s become our core enterprise delivery engine and operating model."
Performance varied across Agilent's segments. The Life Sciences and Diagnostics Markets Group (LDG) reported an 8% reported increase in revenue. The Agilent CrossLab Group (ACG) saw a 7% reported increase. The Applied Markets Group (AMG) reported a 1% decrease in revenue, remaining flat on a core basis.