American medical technology company based in Clarence, founded in 19701
In its 2026 annual report the company says: “Integer is now a pure-play medical technology company focused on Cardio and Vascular, Neuromodulation, and Cardiac Rhythm Management markets.”6 It was founded by Wilson Greatbatch.1 Its shares trade on NYSE under the symbol ITGR.1
$126.72up 0.12 (0.09%)Price as of Oct 15, 2026 at 17:33 UTC
Integer Holdings Corporation, headquartered in Plano, Texas, is one of the world’s largest medical device contract development and manufacturing organizations (“CDMOs”), serving the Cardio and Vascular, Neuromodulation, and Cardiac Rhythm Management markets. As a strategic partner of choice, we advance the goals of our medical device customers through industry-leading engineering and manufacturing, with a relentless commitment to quality, service, and innovation. Our brands include Greatbatch Medical ® and Lake Region Medical ® . Our primary customers include large, multi-national original equipment manufacturers (“OEMs”) and their affiliated subsidiaries. When used in this report, the terms “Integer,” “we,” “us,” “our” and the “Company” mean Integer Holdings Corporation and its subsidiaries.6From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue8910117$1.9B in 2025+47% since 2019Gross profit8910117$500.4M in 2025+41% since 2019Operating income8910117$221.3M in 2025+40% since 2019Net income8910117$102.8M in 2025+7% since 2019
Revenue1213$464.1M in Q2 FY2026+6% since Q1 FY2026Gross profit1213$112.9M in Q2 FY2026+3% since Q1 FY2026Operating income1213$34.5M in Q2 FY2026+8% since Q1 FY2026Net income1213$23.6M in Q2 FY2026+43% since Q1 FY2026
Every line of the income statement as filed: the last 3 fiscal years, latest first.7
Period ending
2025-12-31
2024-12-31
2023-12-31
Sales
$1.9B
$1.7B
$1.6B
Cost of sales
$1.4B
$1.3B
$1.1B
Gross profit
$500.4M
$459.0M
$409.9M
Selling, general and administrative
$211.7M
$185.2M
$173.2M
Research, development and engineering
$49.5M
$53.4M
$62.0M
Restructuring and other charges
$17.9M
$12.1M
$11.4M
Total operating expenses
$279.1M
$250.8M
$246.6M
Operating income
$221.3M
$208.2M
$163.3M
Interest expense
$43.2M
$56.4M
$51.3M
(Gain) loss on equity investments, net
-$550.0K
$780.0K
$5.7M
Other loss, net
$53.2M
$3.5M
$975.0K
Income from continuing operations before income taxes
$125.4M
$147.6M
$105.4M
Provision for income taxes
$22.6M
$26.5M
$16.2M
Income from continuing operations
$102.8M
$121.1M
$89.1M
Income (loss) from discontinued operations, net of tax
-$22.0K
-$1.2M
$1.5M
Net income
$102.8M
$119.9M
$90.7M
Income from continuing operations (in dollars per share)
$3
$4
$3
Income from discontinued operations (in dollars per share)
$0
-$0
$0
Basic earnings per share (in dollars per share)
$2.96
$3.57
$2.72
Income from continuing operations (in dollars per share)
$3
$3
$3
Income (loss) from discontinued operations (in dollars per share)
$0
-$0
$0
Diluted earnings per share (in dollars per share)
$2.89
$3.36
$2.69
Basic (in shares)
34.7M shares
33.6M shares
33.3M shares
Diluted (in shares)
35.6M shares
35.6M shares
33.8M shares
No quarter-by-quarter statement was filed.
Total assets148910117$3.4B in 2025+45% since 2019Total liabilities148910117$1.7B in 2025+39% since 2019Shareholders’ equity910117$1.7B in 2025+52% since 2019Cash910117$17.2M in 2025+27% since 2019Long-term debt148910117$1.2B in 2025+52% since 2019
Total assets1213$3.4B in Q2 FY2026+0% since Q1 FY2025Total liabilities1213$1.7B in Q2 FY2026+2% since Q1 FY2025Shareholders’ equity1213$1.7B in Q2 FY2026−2% since Q1 FY2025Cash1213$21.4M in Q2 FY2026+25% since Q1 FY2025Long-term debt1213$1.2B in Q2 FY2026+4% since Q1 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.7
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$17.2M
$46.5M
Accounts receivable, net of provision for credit losses of $0.6 million and $0.3 million, respectively
$346.1M
$245.3M
Inventories
$253.7M
$247.1M
Contract assets
$112.5M
$103.8M
Prepaid expenses and other current assets
$40.6M
$28.4M
Total current assets
$770.1M
$671.1M
Property, plant and equipment, net
$536.4M
$465.8M
Goodwill
$1.1B
$1.0B
$994.0M
Other intangible assets, net
$825.4M
$778.3M
Deferred income taxes
$9.0M
$8.3M
Operating lease assets
$98.4M
$86.1M
Financing lease assets
$37.1M
$27.7M
Other long-term assets
$23.2M
$23.0M
Total assets
$3.4B
$3.1B
Current portion of long-term debt
$0
$10.0M
Accounts payable
$113.1M
$101.5M
Operating lease liabilities
$9.1M
$7.4M
Accrued expenses and other current liabilities
$109.8M
$108.3M
Total current liabilities
$232.0M
$227.2M
Long-term debt
$1.2B
$980.2M
Deferred income taxes
$116.3M
$124.6M
Operating lease liabilities
$81.9M
$77.7M
Financing lease liabilities
$28.6M
$23.8M
Other long-term liabilities
$19.9M
$25.4M
Total liabilities
$1.7B
$1.5B
Preferred stock, $0.001 par value, authorized 100,000,000 shares; no shares issued or outstanding
$0
$0
Common stock, $0.001 par value; 100,000,000 shares authorized; 35,481,805 and 33,546,262 shares issued, respectively, and 34,346,450 and 33,546,256 outstanding, respectively
$35.0K
$34.0K
Additional paid-in capital
$771.2M
$742.0M
Treasury stock, at cost, 1,135,355 shares and 6 shares, respectively
-$76.9M
$0
Retained earnings
$994.1M
$891.2M
Accumulated other comprehensive income (loss)
$58.2M
-$14.0M
Total stockholders equity
$1.7B
$1.6B
$1.5B
$1.4B
Total liabilities and stockholders equity
$3.4B
$3.1B
Allowance for doubtful accounts
$600.0K
$300.0K
Preferred stock, par value (in dollars per share)
$0.00
$0.00
Preferred stock, shares authorized (in shares)
100.0M shares
100.0M shares
Preferred stock, shares issued (in shares)
0 shares
0 shares
Preferred stock, shares outstanding (in shares)
0 shares
0 shares
Common stock, par value (in dollars per share)
$0.00
$0.00
Common stock, shares authorized (in shares)
100.0M shares
100.0M shares
Common stock, shares issued (in shares)
35.5M shares
33.5M shares
Common stock, shares outstanding (in shares)
34.3M shares
33.5M shares
Treasury stock, shares (in shares)
1.1M shares
6 shares
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$17.2M
$46.5M
Accounts receivable, net of provision for credit losses of $0.6 million and $0.3 million, respectively
$346.1M
$245.3M
Inventories
$253.7M
$247.1M
Contract assets
$112.5M
$103.8M
Prepaid expenses and other current assets
$40.6M
$28.4M
Total current assets
$770.1M
$671.1M
Property, plant and equipment, net
$536.4M
$465.8M
Goodwill
$1.1B
$1.0B
$994.0M
Other intangible assets, net
$825.4M
$778.3M
Deferred income taxes
$9.0M
$8.3M
Operating lease assets
$98.4M
$86.1M
Financing lease assets
$37.1M
$27.7M
Other long-term assets
$23.2M
$23.0M
Total assets
$3.4B
$3.1B
Current portion of long-term debt
$0
$10.0M
Accounts payable
$113.1M
$101.5M
Operating lease liabilities
$9.1M
$7.4M
Accrued expenses and other current liabilities
$109.8M
$108.3M
Total current liabilities
$232.0M
$227.2M
Long-term debt
$1.2B
$980.2M
Deferred income taxes
$116.3M
$124.6M
Operating lease liabilities
$81.9M
$77.7M
Financing lease liabilities
$28.6M
$23.8M
Other long-term liabilities
$19.9M
$25.4M
Total liabilities
$1.7B
$1.5B
Preferred stock, $0.001 par value, authorized 100,000,000 shares; no shares issued or outstanding
$0
$0
Common stock, $0.001 par value; 100,000,000 shares authorized; 35,481,805 and 33,546,262 shares issued, respectively, and 34,346,450 and 33,546,256 outstanding, respectively
$35.0K
$34.0K
Additional paid-in capital
$771.2M
$742.0M
Treasury stock, at cost, 1,135,355 shares and 6 shares, respectively
-$76.9M
$0
Retained earnings
$994.1M
$891.2M
Accumulated other comprehensive income (loss)
$58.2M
-$14.0M
Total stockholders equity
$1.7B
$1.6B
$1.5B
$1.4B
Total liabilities and stockholders equity
$3.4B
$3.1B
Allowance for doubtful accounts
$600.0K
$300.0K
Preferred stock, par value (in dollars per share)
$0.00
$0.00
Preferred stock, shares authorized (in shares)
100.0M shares
100.0M shares
Preferred stock, shares issued (in shares)
0 shares
0 shares
Preferred stock, shares outstanding (in shares)
0 shares
0 shares
Common stock, par value (in dollars per share)
$0.00
$0.00
Common stock, shares authorized (in shares)
100.0M shares
100.0M shares
Common stock, shares issued (in shares)
35.5M shares
33.5M shares
Common stock, shares outstanding (in shares)
34.3M shares
33.5M shares
Treasury stock, shares (in shares)
1.1M shares
6 shares
Cash from operations8910117$196.1M in 2025+19% since 2019Capital spending8910117$91.0M in 2025+89% since 2019Free cash flow8910117$105.1M in 2025−10% since 2019Share buybacks7$50.0M in 2025
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.7
Period ending
2025-12-31
2024-12-31
2023-12-31
Net income
$102.8M
$119.9M
$90.7M
Depreciation and amortization
$130.7M
$111.0M
$98.8M
Debt related charges included in interest expense
$6.9M
$4.1M
$8.1M
Debt conversion inducement expense
$46.7M
$0
$0
Inventory step-up amortization
$0
$1.1M
$590.0K
Stock-based compensation
$23.2M
$24.8M
$23.3M
Non-cash lease expense
$10.2M
$9.1M
$11.2M
Non-cash (gain) loss on equity investments
-$550.0K
$780.0K
$5.7M
Contingent consideration fair value adjustment
-$2.3M
-$3.5M
-$736.0K
Other non-cash losses
$1.7M
$7.0M
$4.4M
Deferred income taxes
-$2.7M
-$14.1M
-$9.5M
Gain on sale of discontinued operations
-$46.0K
-$177.0K
$0
Accounts receivable
-$82.4M
-$6.5M
-$7.4M
Inventories
-$2.6M
-$18.1M
-$30.2M
Contract assets
-$7.3M
-$18.4M
-$13.6M
Prepaid expenses and other assets
-$2.5M
-$229.0K
-$930.0K
Accounts payable
-$566.0K
-$16.6M
-$520.0K
Accrued expenses and other liabilities
-$20.3M
$4.5M
$7.9M
Income taxes payable
-$4.9M
$811.0K
-$7.5M
Net cash provided by operating activities
$196.1M
$205.2M
$180.2M
Acquisition of property, plant and equipment
-$91.0M
-$105.4M
-$119.9M
Acquisitions, net of cash acquired
-$178.9M
-$138.5M
-$43.6M
Proceeds (settlement of working capital) from sale of discontinued operations, net
-$950.0K
$48.7M
$0
Other investing activities
$123.0K
-$211.0K
$173.0K
Net cash used in investing activities
-$270.7M
-$195.4M
-$163.4M
Principal payments of long-term debt
-$667.7M
-$6.0K
-$415.9M
Proceeds from issuance of convertible notes, net of discount
$977.5M
$0
$486.2M
Proceeds from revolving credit facility
$307.0M
$274.5M
$383.1M
Payments of revolving credit facility
-$433.0M
-$247.5M
-$424.8M
Purchase of capped calls
-$71.0M
$0
-$35.0M
Payment of debt issuance costs
-$1.4M
-$2.1M
-$2.2M
Repurchases of common stock
-$50.0M
$0
$0
Proceeds from the exercise of stock options
$3.6M
$742.0K
$2.3M
Tax withholdings related to net share settlements of restricted stock units
-$16.9M
-$10.9M
-$3.1M
Payment of contingent consideration
$0
$0
-$7.7M
Principal payments on finance leases
-$5.9M
-$10.7M
-$1.2M
Other financing activities
$1.4M
$9.3M
$190.0K
Net cash provided by (used in) financing activities
$43.6M
$13.3M
-$18.0M
Effect of foreign currency exchange rates on cash and cash equivalents
$1.6M
-$243.0K
$570.0K
Net increase (decrease) in cash and cash equivalents
Integer sits at the top of its group. 32 entities, 10 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Integer Hydrophilic Technologies LLC Subsidiary · Delaware, United States
Integer N2 Surface Technologies LLC Subsidiary · Delaware, United States
Integer Precision Technologies, LLC Subsidiary · Delaware, United States
Integer SMI Ltd. Subsidiary · Israel
Integer VSi Technologies, LLC Subsidiary · Delaware, United States
Lake (Shanghai) Medical Device Trading Co., Ltd. Subsidiary · China
Lake Region Manufacturing, Inc., d/b/a Lake Region Medical Subsidiary · Minnesota, United States
Lake Region Medical Holdings Limited Subsidiary · Ireland
Lake Region Medical Limited Subsidiary · Ireland
Lake Region Medical, Inc., d/b/a Lake Region Medical Subsidiary · Maryland, United States
Oscor Caribe LLC Subsidiary · Florida, United States
Oscor Europe GmbH Subsidiary · Germany
and 6 more
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Integer reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Our principal executive office and headquarters is located in Plano, Texas, in a leased facility. As of December 31, 2025, we operated 21 facilities in the U.S., 3 in Mexico, 3 in Ireland, and one facility each in the Dominican Republic, Uruguay, Malaysia, China, Costa Rica and Switzerland. Of these facilities, 26 were leased and 7 were owned. We occupy approximately 2.3 million square feet of manufacturing and RD&E space worldwide, the majority of which is located in the U.S. Mexico and Ireland. We believe the facilities we operate and their equipment are effectively utilized, well maintained, generally are in good condition, and will be able to accommodate our capacity needs to meet current levels of demand. We continuously review our anticipated requirements for facilities and, on the basis of that review, may from time to time acquire additional facilities or expand or dispose of existing facilities.
Apr 30, 2026Reported quarterly or annual results98
Feb 19, 2026Reported quarterly or annual results100
Oct 23, 2025Reported quarterly or annual results103
Jul 24, 2025Reported quarterly or annual results104
Apr 24, 2025Reported quarterly or annual results105
Feb 20, 2025Reported quarterly or annual results106
Oct 24, 2024Reported quarterly or annual results107
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
380 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 60 major events, 227 insider forms, 21 large holders, 51 other. The latest 20:
31 open-market trades by officers, directors and large owners since October 2021: 6 buys and 25 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
From the cover page of the 10-K filed Feb 23, 2026 (Section 12(b) of the Exchange Act).6
Risk factors and legal proceedings
The risks Integer names in Item 1A of its 10-K filed Feb 23, 2026: 38 risks under these headings, as written.6
Operational Risks
We depend heavily on a limited number of customers, and if we lose any of them or they significantly reduce their business with us, we would lose a substantial portion of our revenues.
We are subject to pricing pressures from customers and contractual pricing constraints, which could harm our operating results and financial condition.
We rely on third-party suppliers for raw materials, key products, subcomponents, and services. Unavailability of, or increased prices for, these materials, products, subcomponents, or services could adversely affect our results of operations and financial condition.
If we are not able to match our manufacturing capacity with demand for our products, our financial results may suffer.
Interruptions of our manufacturing operations could delay production and adversely affect our operations.
We may not be able to attract, train and retain a sufficient number of qualified associates to maintain and grow our business.
Quality problems with our products could result in warranty claims and additional costs, could harm our reputation and could erode our competitive advantage.
Our operations are subject to cyber-attacks and other information technology disruptions that could have a material adverse effect on our business, results of operations and financial condition.
Global climate change and related emphasis on environmental, social and governance (“ESG”) matters by various stakeholders could negatively affect our business or the price of our common stock.
We are dependent upon our senior management team and key technical personnel and the loss of any of them could significantly harm us.
Consolidation in the healthcare industry could result in greater competition and reduce our revenues and harm our business and our operating results.
The other 27 risks
Strategic Risks
If we are unable to successfully market our current or future products, our business will be harmed and our revenues and operating results will be adversely affected.
We may face intense competition that could harm our business, including competitors, insourcing and the possibility of dual sourcing; and we may be unable to compete successfully against new entrants and established companies with greater resources.
If we do not respond to changes in technology, our products may become obsolete or less competitive and we may experience a loss of customers and lower revenues.
We intend to develop new products and expand into new geographic and product markets, which may not be successful and could harm our operating results.
If we are not successful in making acquisitions to expand and develop our business, our operating results may suffer.
Successful integration and anticipated benefits of acquisitions cannot be assured and integration matters could divert attention of management away from operations.
Market, Financial and Indebtedness Risks
Our operating results may fluctuate, which may make it difficult to forecast our future performance and may result in volatility in our common stock price and declines in the price of common stock could subject us to litigation.
We cannot guarantee that we will repurchase our common stock pursuant to our share repurchase program or that our share repurchase program will enhance long-term stockholder value. Share repurchases could also increase the volatility of the price of our common stock and could diminish our cash reserves.
Activist shareholders could negatively impact our business and cause disruptions.
We have significant indebtedness that could adversely affect our operations, financial condition, and cash flows if we fail to meet certain financial covenants required by our debt agreements or if our access to capital markets is interrupted.
Economic and credit market uncertainty could interrupt our access to capital markets, borrowings, or financial transactions to hedge certain risks, which could adversely affect our business prospects and financial condition.
The conditional conversion features of the 2028 Convertible Notes and the 2030 Convertible Notes could adversely affect our financial condition and operating results.
Certain provisions in the 2028 Convertible Notes, the indenture governing the 2028 Convertible Notes, the 2030 Convertible Notes and the indenture governing the 2030 Convertible Notes could delay or prevent an otherwise beneficial takeover or takeover attempt of us.
Transactions relating to our 2028 Convertible Notes or the 2030 Convertible Notes may affect the market price of our common stock.
We are subject to counterparty risk with respect to the capped call transactions for the 2028 Convertible Notes and the 2030 Convertible Notes.
A significant portion of our sales and operations is currently generated from customers located outside of the U.S., and are subject to a variety of market and financial risks and costs that could adversely affect our profitability and operating results.
We have a complex tax profile due to the global nature of our operations and may experience increases and variability in our quarterly and annual effective tax rate due to several factors, including changes in the mix of pre-tax income and the jurisdictions to which it relates, business acquisitions, settlements with taxing authorities and changes in tax rates.
We may never realize the full value of our intangible assets, which represent a significant portion of our total assets.
Legal and Compliance Risks
Regulatory issues resulting from product complaints, recalls or regulatory audits could harm our ability to produce and supply products or bring new products to market.
If we become subject to product liability claims, our operating results and financial condition could suffer.
If we are unable to protect our intellectual property and proprietary rights, our business could be harmed.
We may be subject to intellectual property claims, which could be costly and time consuming and could divert our management’s attention from our business operations.
A failure to comply with customer-driven policies and standards and third-party certification requirements or standards could adversely affect our business and reputation.
Our failure to obtain licenses from third parties for new technologies or the loss of these licenses could impair our ability to design and manufacture new products and reduce our revenues.
Our international operations expose us to legal and regulatory risks, which could adversely affect our business.
The healthcare industry is highly regulated and subject to various political, economic and regulatory changes that could increase our compliance costs and force us to modify how we develop and price our products.
Our business is indirectly subject to healthcare industry third-party coverage and reimbursement and cost containment measures that could result in reduced sales of our products.
Legal proceedings
For information regarding certain legal proceedings pending against us, see Note 14, “Commitments and Contingencies,” of the Notes to Consolidated Financial Statements contained in Item 8, “Financial Statements and Supplementary Data,” of this report, which is incorporated herein by reference.