How did Dentsply's revenue and expenses trend in Q4 2024?
4/14/2025 11:23am
Dentsply's revenue and expenses in Q4 2024 showed a business-centric structure with significant segments in Essential Dental Solutions and Connected Technology Solutions. Here's a detailed analysis:
1. **Revenue Segmentation**:
- **Essential Dental Solutions**: Contributed the most to Dentsply's revenue, accounting for $1.45 billion. This segment includes a wide range of dental products and services that are essential for dental practices.
- **Connected Technology Solutions**: Followed closely behind with $1.06 billion, reflecting the growing importance of digital technologies in dental care.
- **Orthodontic and Implant Solutions**: Generated $973 million, indicating strong demand for orthodontic and implant services.
- **Orthodontic and Implant Solutions**: Also produced $788 million, highlighting the continued growth in orthodontic and implant treatments.
- **Wellspect Healthcare**: Contributed $304 million, and $223 million, respectively, suggesting steady growth in this segment, which focuses on oral healthcare products and services.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|XRAY|XRAY.O|DENTSPLY|20240101-2024|Wellspect Healthcare|3.04E8|185|
|XRAY|XRAY.O|DENTSPLY|20240101-2024|Wellspect Healthcare|2.23E8|185|
|XRAY|XRAY.O|DENTSPLY|20240101-2024|Wellspect Healthcare|1.51E8|185|
|XRAY|XRAY.O|DENTSPLY|20240101-2024|Wellspect Healthcare|7.1E7|185|
|XRAY|XRAY.O|DENTSPLY|20240101-2024|Connected Technology Solutions|2.47E8|185|
|XRAY|XRAY.O|DENTSPLY|20240101-2024|Essential Dental Solutions|3.64E8|185|
|XRAY|XRAY.O|DENTSPLY|20240101-2024|Orthodontic and Implant Solutions|2.71E8|185|
|XRAY|XRAY.O|DENTSPLY|20240101-2024|Wellspect Healthcare|7.1E7|185|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|XRAY|XRAY.O|DENTSPLY|2024 Q1|173.91304347826087|1.7E7|185|
|XRAY|XRAY.O|DENTSPLY|2024 Q2|-104.70588235294119|-4000000|185|
|XRAY|XRAY.O|DENTSPLY|2024 Q3|-86.09022556390977|-4.95E8|185|
|XRAY|XRAY.O|DENTSPLY|2024 Q4|-694.4444444444445|-4.28E8|185|
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Selling, General, and Administrative Expenses YoY|market_code|
|---|---|---|---|---|---|---|
|XRAY|XRAY.O|DENTSPLY|20240331|4.15E8|-0.2403846153846154|185|
|XRAY|XRAY.O|DENTSPLY|20240630|3.99E8|-4.086538461538462|185|
|XRAY|XRAY.O|DENTSPLY|20240930|3.9E8|4.838709677419355|185|
|XRAY|XRAY.O|DENTSPLY|20241231|4.01E8|-1.9559902200488997|185|
2. **Net Income and Expenses**:
- Dentsply reported a net loss of $428 million in Q4 2024, which is a significant figure indicating financial strain during the period.
- Operating expenses, including Selling, General, and Administrative (SG&A) expenses, were substantial, with SG&A alone amounting to $401 million. This suggests that despite revenue growth, the company faced considerable overhead costs that impacted profitability.
3. **Conclusion**: In Q4 2024, Dentsply saw strong revenue growth across its business segments, particularly in Essential Dental Solutions and Connected Technology Solutions. However, the company's net income was negatively impacted by high operating and SG&A expenses, resulting in a substantial net loss. This indicates a need for Dentsply to focus on cost management and operational efficiency to improve financial performance in the future.