8-KEarnings & ResultsLeadership ChangesExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Financial Results (May 27, 2026)

Filed May 27, 2026For Securities:A

Summary

Agilent Technologies, Inc. (A) filed an 8-K on May 27, 2026, primarily to disclose financial results for its second fiscal quarter ended April 30, 2026. The filing includes a press release (Exhibit 99.1) detailing these results, alongside an explanation of the company's use of non-GAAP financial measures. Investors should note that the company emphasizes providing these non-GAAP figures to offer a clearer view of operational performance and future prospects, supplementing its GAAP reporting. These non-GAAP measures exclude items such as restructuring and amortization, which management monitors but does not use for ongoing operating performance evaluation. Additionally, the 8-K announces a key leadership change within the finance department. Tim Downs has been appointed as the new Vice President, Chief Accounting Officer, and principal accounting officer, effective after the filing of the Q2 10-Q. This appointment follows the previously announced retirement of Rodney Gonsalves, who will remain with the company in a transitional role until January 2027. Mr. Downs brings extensive experience from Baker Hughes and prior roles at General Electric and Deloitte. His compensation package includes a base salary, bonus eligibility, a sign-on cash bonus, and a significant restricted stock unit grant.

Key Highlights

  • 1Agilent Technologies announced financial results for the second fiscal quarter ended April 30, 2026.
  • 2The company provided both GAAP and non-GAAP financial information, emphasizing the supplemental value of non-GAAP metrics for assessing operational performance.
  • 3Non-GAAP financial measures exclude items like restructuring and amortization, offering a management-centric view of ongoing performance.
  • 4Tim Downs has been appointed as the new Vice President, Chief Accounting Officer, and principal accounting officer.
  • 5The appointment of Mr. Downs is effective after the filing of the company's quarterly report on Form 10-Q for the quarter ended April 30, 2026.
  • 6Rodney Gonsalves will transition to a Vice President, Finance role to provide transitional assistance through January 2027.
  • 7Mr. Downs' compensation package includes a $400,000 base salary, bonus eligibility, a $175,000 one-time cash bonus, and a $1,000,000 RSU grant.

Frequently Asked Questions

The 8-K filing announces that Agilent Technologies issued a press release on May 27, 2026, with financial results for the second fiscal quarter ended April 30, 2026. The detailed financial figures are available in the attached Exhibit 99.1, which is the press release.

Agilent provides non-GAAP financial information as a supplement to its GAAP reporting to offer investors a clearer understanding of its core financial performance and future prospects. Management uses these measures, which exclude items like restructuring and amortization, to assess ongoing operational performance and for internal comparisons.

Tim Downs has been appointed as the new Vice President, Chief Accounting Officer, and principal accounting officer. He previously served as Vice President, Finance – Technical and SEC Reporting at Baker Hughes from April 2024 to May 2026 and held various other finance and accounting leadership roles at Baker Hughes, General Electric, and Deloitte.

Mr. Downs' compensation includes a base salary of $400,000, eligibility for a short-term annual incentive bonus equal to 60% of his base salary, a one-time cash bonus of $175,000 (subject to clawback if employment terminates within twelve months), and a one-time sign-on grant of restricted stock units (RSUs) valued at $1,000,000, which will vest over four years.