Integra LifeSciences Holdings Corporation (IART) Stock

Integra LifeSciences Holdings Corporation (IART) is a Healthcare stock trading at $16.59 (as of 2026-08-20), with a market capitalization of $1.29B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Integra LifeSciences Holdings Corporation develops, manufactures, and markets surgical implants and medical instruments for use in neurosurgery, extremity reconstruction, and general surgery. It operates in two segments, Codman Specialty Surgical and Tissue Technologies. The company offers neurosurgery and neuro critical care products, including tissue ablation equipment, dural repair products, cerebral spinal fluid management devices, intracranial monitoring equipment, and cranial stabilization equipment; and surgical headlamps and instrumentation, as well as asset management software and support, and after-market services. It also sells approximately 40,000 instrument patterns, and surgical and lighting products to hospitals and surgery centers, as well as dental, podiatry, and veterinary offices. In addition, the company provides regenerative technology products for the treatment of acute and chronic wounds; and surgical tissue repair products for hernia repair, peripheral nerve repair and protection, and tendon repair. Further, it offers skin and wound repair, plastics and surgical reconstruction products, bone grafts, and nerve and tendon repair products. The company offers its products directly through various sales forces and other distribution channels to the hospitals, integrated health networks, group purchasing organizations, clinicians, surgery centers, and health care providers in the United States, Europe, Asia Pacific, and internationally. Integra LifeSciences Holdings Corporation was incorporated in 1989 and is headquartered in Princeton, New Jersey.

Understand Integra LifeSciences Holdings Corporation: how it makes money

Integra LifeSciences develops and sells surgical implants and medical instruments for neurosurgery, extremity reconstruction, and general surgery, mainly through its Codman Specialty Surgical and Tissue Technologies product lines, generating revenue from sales of specialized surgical products and related offerings.

Earnings power is primarily driven by the Codman Specialty Surgical portfolio, because it is the largest revenue contributor among the company’s two reportable segments, while Tissue Technologies is smaller, making results more sensitive to performance in specialty neurosurgery and instruments.

Revenue by segment (latest quarter)
Codman Specialty Surgical$0.3B
Tissue Technologies$0.1B

Business quality (Weak): Clear two-segment structure and a highly specialized product focus, but operating profitability appears thin based on the latest quarter’s operating margin, which can leave less room for execution or demand swings.

Bull case

  • Specialty focus in neurosurgery and surgical instruments: Revenue is supported by its Codman Specialty Surgical line and related offerings like neurosurgery and critical care products.
  • Segment mix has a defined centerpiece: Codman Specialty Surgical is the largest segment by provided revenue candidates, giving investors a straightforward place to track the core business trend.

Bear case

  • Thin operating margin: The latest quarter shows an operating margin of 2.9%, so profitability may be sensitive to product mix, costs, or demand changes.
  • Concentration in specialized markets: The business is centered on neurosurgery and other specialized surgical needs, which can limit diversification versus more broadly used healthcare products.
  • Recall-related uncertainty: The provided revenue candidates reference a Boston recall related negative impact on revenue from lost revenues and returns, even though the candidate value shown is 0.0.
Valuation — source: SEC EDGAR (first-party)
Price$16.59
Market Cap$1.29B
EV / EBITDA33.0
Price / Book1.24
Price / Sales0.80
FCF Yield-2.3%
DCF Value (model)$4.33
DCF Upside vs Price-73.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.64B
Net Margin-31.6%
Revenue Growth (YoY)1.5%
EPS Growth (YoY)7388.9%
FCF Growth (YoY)-224.4%
Financial Health — source: SEC EDGAR
Altman Z-Score0.70 (distress)
Piotroski F-Score4/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Healthcare)21.6
Industry P/E (Medical Equipment)32.9
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock Fund Advisors ($208.27M)
Institutional Holders Tracked10
Congressional Trades (recent)5
Company
SectorHealthcare
IndustryMedical Equipment
CEOMojdeh Poul
Employees4,396
CountryUS
IPO Date1995-08-16

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IART earnings history · IART institutional & insider holders · IART KPIs & operating metrics · IART financials · IART investor presentations & press releases · IART SEC filings · IART peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.