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Haemonetics Corp

haemonetics.com

What Do They Do?

Sells plasma collection systems and donor software to plasma centers, blood-collection equipment to blood centers, and patient-care technologies to hospitals.

How Do They Make Money?

Plasma centers, blood centers and hospitals buy equipment and disposable products; product sales are completed at shipment or delivery. The company also earns fees for maintenance and software services over time, with some software charges tied to use.

revenue
SegmentShareRevenue
Plasma
Sold outright

39%
Blood Center
Sold outright

17%
Hospital
Sold outright

44%

Who Are Their Customers?

Sells through its own sales force and independent distributors to plasma companies, blood collection groups, and hospitals and related healthcare organizations.

Customers above 10% of revenue, FY2026
of revenue from one customer

Do Revenues Turn Into Profits?

Yes. It kept 7 cents of every revenue dollar as net income in FY2026 and turned 20 cents into free cash flow.

Operating income, FY2026
12% of revenue
▼ −29% vs FY2025 ($221.8M, 16%)
Net income, FY2026
7% of revenue
▼ −42% vs FY2025 ($167.7M, 12%)
Free cash flow, FY2026
20% of revenue
▲ +83% vs FY2025 ($142.4M, 10%)

How Are They Changing?

Since the FY2026 annual report
Latest quarter: Q1 FY2027, the three months to Jun 27, 2026
Revenue
▲ +6%
vs $321.4M in Q1 FY2026
Net income
▼ −3%
vs $34M in Q1 FY2026
  • Aug 6, 2026 Raises fiscal 2027 revenue guidance Raised reported revenue growth guidance from 4 - 7% to 5 - 8%.

Growing. Revenue grew 34% in 4 years, from $993.2M in FY2022 to $1.3B in FY2026, about 8% a year.

Whole blood products Blood Center has exited whole blood products: the older report describes manual whole-blood collection sets, while the latest report says the product line was divested.

Hospital product range The Hospital portfolio description adds sensor-guided technologies and esophageal protection; the older overview listed hemostasis management, vascular closure, cell salvage and transfusion management.

Revenue over time
Plasma Blood Center Hospital
$2B$1B$0

Who Do They Compete With?

Competes with Terumo BCT, Fresenius, Abbott Laboratories, Nigale, Scinomed, Cordis, Teleflex, Boston Scientific, Werfen, Diagnostica Stago, Sysmex, HemoSonics, LivaNova, Medtronic, WellSky, SSC Soft, Cerner, Clinsys, MSoft, and MAK Systems

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