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Share-Based Incentive Plans (Tables) | 12 Months Ended
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Dec. 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Allocation of Share Based Compensation Costs by Expense Category | The following table presents the amounts of share-based compensation expense recognized in LivaNova’s consolidated statements of income (loss), by expense category (in thousands):
|  | 2025 |  | 2024 |  | 2023
Cost of sales |  | $ | 1,708 |  |  | $ | 1,210 |  |  | $ | 967 |
Selling, general, and administrative |  | 27,731 |  |  | 26,349 |  |  | 29,421 |
Research and development |  | 6,853 |  |  | 6,374 |  |  | 5,964 |
Total share-based compensation expense |  | 36,292 |  |  | 33,933 |  |  | 36,352 |
Income tax benefit |  | 2,811 |  |  | 2,632 |  |  | 1,845 |
Total expense, net of income tax benefit |  | $ | 33,481 |  |  | $ | 31,301 |  |  | $ | 34,507 |
Schedule of Allocation of Share-Based Compensation Costs by Type of Arrangement | The following table presents the amounts of share-based compensation expense recognized in LivaNova’s consolidated statements of income (loss) by type of arrangement (in thousands):
|  | 2025 |  | 2024 |  | 2023
Service-based RSUs |  | $ | 17,320 |  |  | $ | 17,383 |  |  | $ | 20,493 |
Service-based SARs |  | 12,865 |  |  | 12,650 |  |  | 13,710 |
Market performance-based RSUs |  | 2,118 |  |  | 1,402 |  |  | 866 |
Operating performance-based RSUs |  | 2,801 |  |  | 1,323 |  |  | 162 |
ESPP |  | 1,188 |  |  | 1,175 |  |  | 1,121 |
|  | $ | 36,292 |  |  | $ | 33,933 |  |  | $ | 36,352 |
Schedule of Stock-Based Compensation Costs Unrecognized | The following table presents the amounts of unrecognized share-based compensation cost related to non-vested awards, including awards issued as of December 31, 2025 (in thousands):
|  | Unrecognized Share-based Compensation Cost |  | Weighted-Average Remaining Vesting Period (in years)
Service-based SARs |  | $ | 27,260 |  |  | 2.61
Service-based RSUs |  | 30,631 |  |  | 2.06
Performance-based RSUs |  | 12,153 |  |  | 1.83
|  | $ | 70,044 |  |  | 2.23
Schedule of Stock Options Valuation Assumptions | The following table lists the assumptions LivaNova utilized as inputs to the Black-Scholes model:
|  | 2025 |  | 2024 |  | 2023
Dividend yield (1) |  | — |  | — |  | —
Risk-free interest rate (2) |  | 3.9% |  | 3.4% |  | 3.7%
Expected option term - in years (3) |  | 5.5 |  | 5.3 |  | 5.3
Expected volatility at grant date (4) |  | 43.4% |  | 43.1% |  | 45.1%
(1)LivaNova has not paid dividends, and no future dividends have been approved. (2)LivaNova uses yield rates on U.S. Treasury securities for a period that approximates the expected term of the awards granted to estimate the risk-free interest rate. (3)LivaNova estimated the expected term of the awards granted using historic data of actual time elapsed between the date of grant and the exercise or forfeiture of options or SARs for employees. (4)LivaNova determines the expected volatility of the awards based on historical volatility.
Schedule of Stock Option Activity | The following tables present the activity for service-based SARs and stock option awards:
SARs and Stock Options |  | Number of Optioned Shares |  | Wtd.-Avg. Exercise Price per Share |  | Wtd.-Avg. Remaining Contractual Term (years) |  | Aggregate Intrinsic Value (in thousands) (1)
Outstanding — as of December 31, 2024 |  | 3,045,532 |  |  | $ | 61.70 |  |  |  |  |
Granted |  | 957,734 |  |  | 36.88 |  |  |  |  |
Exercised |  | (145,479) |  |  | 45.05 |  |  |  |  |
Forfeited |  | (109,429) |  |  | 45.76 |  |  |  |  |
Expired |  | (78,096) |  |  | 79.49 |  |  |  |  |
Outstanding — as of December 31, 2025 |  | 3,670,262 |  |  | 55.98 |  |  | 6.67 |  | $ | 43,269 |
Fully vested and exercisable — end of year |  | (1,846,208) |  |  | 66.10 |  |  | 4.83 |  | 12,820 |
Fully vested and expected to vest — end of year (2) |  | (3,445,871) |  |  | 56.94 |  |  | 6.52 |  | 38,706 |
(1)The aggregate intrinsic value of SARs and stock options is based on the difference between the fair market value of the underlying share as of December 31, 2025, using the market closing share price, and the exercise price for awards where the market closing share price exceeds the exercise price. (2)Includes the impact of expected future forfeitures.
|  | 2025 |  | 2024 |  | 2023
Weighted-average grant date fair value of SARs granted during the year (per share) |  | $ | 17.31 |  |  | $ | 26.28 |  |  | $ | 19.44 |
Aggregate intrinsic value of SARs and stock options exercised during the year (in thousands) |  | 1,458 |  |  | 2,828 |  |  | 1,905 |
Schedule of Restricted Stock Service-Based Activity | The following tables present the activity for service-based RSU awards:
Service-based RSUs |  | Number of Shares |  | Wtd.-Avg. Grant Date Fair Value
Non-vested shares as of December 31, 2024 |  | 762,312 |  |  | $ | 54.32 |
Granted |  | 555,277 |  |  | 39.37 |
Vested |  | (286,587) |  |  | 56.05 |
Forfeited |  | (58,986) |  |  | 46.35 |
Non-vested shares as of December 31, 2025 |  | 972,016 |  |  | 45.75 |
|  | 2025 |  | 2024 |  | 2023
Weighted-average grant date fair value of service-based RSUs issued during the year (per share) |  | $ | 39.37 |  |  | $ | 55.06 |  |  | $ | 43.31 |
Aggregate fair value of RSUs that vested during the year (in thousands) |  | 12,023 |  |  | 18,119 |  |  | 14,853 |
Schedule of Performance-Based Restricted Stock Unit Activity | The following tables present the activity for performance-based RSU awards:
Performance-based RSUs |  | Number of Shares |  | Wtd.-Avg. Grant Date Fair Value
Non-vested shares as of December 31, 2024 |  | 225,224 |  |  | $ | 63.42 |
Granted |  | 185,265 |  |  | 41.67 |
Vested |  | (30,551) |  |  | 89.56 |
Forfeited |  | (5,361) |  |  | 65.54 |
Performance adjustments (1) |  | (12,709) |  |  | 95.14 |
Non-vested shares as of December 31, 2025 |  | 361,868 |  |  | 48.93 |
(1)Represents the difference between the target units granted and the actual units awarded based upon the attainment of performance goals for the Company.
|  | 2025 |  | 2024 |  | 2023
Weighted-average grant date fair value of performance-based RSUs granted during the year (per share) |  | $ | 41.67 |  |  | $ | 64.83 |  |  | $ | 40.63 |
Aggregate fair value of performance-based RSUs that vested during the year (in thousands) |  | 1,195 |  |  | 4,460 |  |  | 3,641 |

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