---
schema_version: "secwatch.filing_event.v1"
accession: "0001722482-23-000096"
form_type: "8-K"
ticker: "AVTR"
cik: "0001722482"
company_name: "Avantor, Inc."
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:37:39.617016+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Avantor Q1 net sales $1.78B, down 8.7% YoY; adjusted EPS $0.29

## Summary
- Net sales $1.78B, down 8.7% YoY; core organic sales decline 1.8% (ex-COVID).
- GAAP net income $121.5M ($0.18 EPS); adjusted net income $195.4M ($0.29 adjusted EPS).
- Adjusted EBITDA $346.2M (19.4% margin); free cash flow $191.5M.
- Americas sales $1,032.0M (-9.7% reported, core organic -3.7%); Europe $630.2M (-7.4%, +1.0% core); AMEA $118.1M (-6.7%, +1.0% core).
- Adjusted net leverage 3.8X; within target range of 2X-4X.

## SEC filing metadata
- accession: 0001722482-23-000096
- form_type: 8-K
- ticker: AVTR
- cik: 0001722482
- company_name: Avantor, Inc.
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722482/000172248223000096/0001722482-23-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722482/000172248223000096/avtr-20230428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001722482-23-000096
- JSON: https://secwatch.observer/filing/0001722482-23-000096.json
- Plain text: https://secwatch.observer/filing/0001722482-23-000096.txt

## Key facts
- Earnings Releases
  Avantor, Inc. reported first quarter ended March 31, 2023 results: revenue $1.78 billion, net income $121.5 million, EPS $0.18.
  - Period: first quarter ended March 31, 2023
  - Revenue: $1.78 billion
  - Net income: $121.5 million
  - EPS: $0.18
  - Result: reported results
  source text: • Net sales of $1.78 billion, decrease of 8.7%; core organic decline of 1.8% • Net income of $121.5 million; Adjusted EBITDA of $346.2 million • Diluted GAAP EPS of $0.18; adjusted EPS of $0.29
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722482/000172248223000096/0001722482-23-000096-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.