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Straumann Holding AG (MX:STMNN)
:STMNN
Mexico Market
EarningsQ2 2026 Earnings Report

Straumann Holding AG (STMNN) Q2 2026 Earnings Report

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MX:STMNN Q2 2026 EPS Results

Actual EPS$35.64
Consensus EPS$34.99
Beat/MissBeat by +$0.65
One Year Ago EPS$36.08

MX:STMNN Q2 2026 Revenue Results

Actual Revenue$29.98B
Expected Revenue$15.32B
Beat/MissBeat by +$14.66B
YoY Revenue Growth+2.32%

Earnings Announcement Details

QuarterQ2 2026
Date08/19/2026
TimeBefore Open
Conference CallWednesday, August 19, 2026
MX:STMNN Upcoming Earnings
Straumann Holding AG's next earnings date is estimated for October 28, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

No earnings call audio is available for this earnings event.

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Aug 19, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call highlighted broad and accelerating commercial momentum (high single-digit organic growth, broad regional contributions), meaningful margin expansion driven by productivity and disciplined OpEx management, strong cash flow generation and rapid uptake of digital solutions and implant platforms. Key near-term headwinds include US tariffs (partly recognized), an FX-related margin drag (~80–100 bps at July spot rates), and regulatory/pricing uncertainty in China (VBP 2.0) plus a small noncore drag. Management confirmed a confident outlook and reiterated medium-term ambitions. On balance the positive operational and financial developments outweigh the challenges, though execution on China/VBP and currency management remain important risks to monitor.
Company Guidance
Straumann confirmed its 2026 guidance — high single‑digit organic revenue growth and a core EBIT margin improvement of around 140–170 basis points at constant 2025 FX — after a strong H1: Q2 revenue CHF 707m (organic +8.5%, reported +5.9% in CHF) and H1 revenue ~CHF 1.4bn (organic +7.8%, reported +2.3% in CHF). H1 core gross profit was CHF 972m (core gross margin 70.5%; IFRS gross margin 72%), and core EBIT was CHF 355m (margin 25.7% including FX; 26.9% at constant FX), with core net profit CHF 262m (margin 19%; currency‑adjusted +15.7% YoY) and IFRS net profit CHF 251m after CHF 11m net non‑core items. Cash generation was solid: free cash flow CHF 169m (up 49%; 12.2% of net revenue vs 8.4% a year ago), operating cash flow CHF 239m, investing cash outflow CHF 105m, CapEx CHF 74m (5.4% of revenue vs CHF 113m prior), cash and equivalents CHF 381m and net cash ~CHF 350m with a target equity ratio near 59%. Management noted headwinds/one‑offs—US tariffs reduced gross margin by ~60bps and a one‑time Villeret equipment write‑down cost ~30bps—but reiterated the upgraded outlook and commitment to reinvestment, balance‑sheet strength and dividend progression.
Strong Revenue Growth
Q2 revenue of CHF 707m (organic +8.5%, reported +5.9% in CHF); H1 revenue ~CHF 1.4bn (organic +7.8%, reported +2.3% in CHF). Acceleration from Q1 to Q2 with contributions across all regions.
Regional Outperformance
EMEA organic growth Q2 +8.6% (H1 +8.2%); North America Q2 +8.4% (H1 +8.1%); Asia Pacific Q2 +7.4% (H1 +4.2%) with outside-China Q2 growth +25%; Latin America Q2 +11.8% (H1 +15.4%).
Profitability Improvement and Upgraded Outlook
Core EBIT margin reached 26.9% at constant 2025 FX (25.7% including currency effects). Company confirmed upgraded 2026 outlook: high single-digit organic revenue growth and a core EBIT margin improvement of ~140–170 bps at constant 2025 exchange rates.
Core Gross Profit and Margin Strength
Core gross profit CHF 972m in H1 with core gross margin 70.5%. Productivity and mix contributed +40 bps; underlying gross margin improvement seen when excluding one‑time write-down and tariff effects. IFRS gross margin 72% (includes tariff refunds).
Core Net Profit and Conversion
Core net profit CHF 262m (core net margin 19%); currency-adjusted net profit up +15.7% vs prior year. Improved EBIT drove CHF 38m of the bridge to net profit; IFRS net profit CHF 251m after CHF 11m net noncore items.
Strong Free Cash Flow and Balance Sheet
Free cash flow CHF 169m (+49% YoY), representing 12.2% of net revenue vs 8.4% prior year. Net cash position CHF 350m; cash & equivalents CHF 381m. CapEx reduced to CHF 74m (5.4% of revenue) from CHF 113m prior period.
Digital Solutions and Scanner Traction
Digital solutions (intraoral scanner portfolio led by SIRIOS X3) grew at double-digit rates; connected user base grew at double-digit rates, expanding recurring software and consumables opportunity and strengthening Straumann AXS ecosystem.
Implant Leadership and Challenger Brand Momentum
iEXCEL represented close to 40% of Straumann premium implant volumes in H1 and is driving new account wins; Neodent and Anthogyr scaled in challenger segments (Curitiba capacity expanded) supporting share gains globally.
ClearCorrect Transformation Progress
ClearCorrect commercial and manufacturing improvements driving GP adoption, active case growth and COGS consistency; target to reach breakeven by end-2027.

MX:STMNN Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 28, 2026
2026 (Q3)
- / -
36.078―
2026 (Q2)
34.99 / 35.64
36.078-1.20% (-0.43)
2026 (Q1)
- / -
29.775―
Feb 18, 2026
2025 (Q4)
32.14 / 28.86
49.031-41.13% (-20.17)
2025 (Q3)
- / -
64.027―
2025 (Q2)
41.51 / 36.08
38.251-5.68% (-2.17)
2025 (Q1)
- / -
64.027―
2024 (Q4)
30.21 / 49.03
28.90669.62% (+20.13)
2024 (Q3)
64.03 / 64.03
31.079106.01% (+32.95)
2024 (Q2)
33.36 / 38.25
31.07923.08% (+7.17)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed