US Stock Market Move | Agilent Technologies, Inc. (A.US) soared more than 14% as its second quarter earnings exceeded expectations, prompting an upward adjustment of its full-year guidance for fiscal year 2026.

date
21:44 28/05/2026
avatar
GMT Eight
On Thursday, Agilent Technologies Inc (A.US) surged over 14% to $132.19.
On Thursday, Agilent Technologies, Inc. (A.US) surged over 14% to $132.19. On the news front, Agilent Technologies, Inc. released its second quarter financial report for the period ending April 30, 2026, after market close on May 27, and simultaneously raised its full-year performance guidance. The financial report showed that the company achieved $1.83 billion in revenue in the second quarter, a year-over-year increase of 10.0% on a reported basis, and 6.3% on a core basis (excluding exchange rate and acquisition impacts). According to Generally Accepted Accounting Principles (GAAP), the operating profit margin in the second quarter was 21.7%, net income was $339 million, earnings per share were $1.20, a 60% increase from the second quarter of the 2025 fiscal year at $0.75 per share. Calculated on a Non-GAAP basis, the operating profit margin was 26.4%, a 130 basis point increase year-over-year, and a 180 basis point increase quarter-over-quarter; net income was $423 million, earnings per share were $1.49, a 14% increase year-over-year. Agilent President and CEO Padraig McDonnell stated: "Agilent had a strong performance in the second quarter, with all major end markets showing strength, excellent operational execution, and strong profit margin performance. The growth momentum we continue to see across all business segments reflects the effectiveness of our customer-centric strategy, healthy underlying demand, and the increasing impact of the Ignite operating system throughout the organization." Based on the continued operational momentum, Agilent announced an upward revision to its full-year guidance for the 2026 fiscal year. Full-year revenue expectations were raised to $7.39 billion to $7.49 billion, a 6.3% to 7.8% increase on a reported basis, and a 4.5% to 6.0% increase on a core basis; the Non-GAAP operating profit margin expansion expectation was raised by 85 basis points; Non-GAAP earnings per share expectations were raised to $6.00 to $6.10. The company also provided guidance for the third quarter, with revenue expected to be between $1.83 billion and $1.85 billion, and Non-GAAP earnings per share expected to be between $1.48 and $1.50.