AdaptHealth Corp. (AHCO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 819.8M | 846.29M | 602.63M | 591.81M | 580.47M | 856.64M | 597.55M | 595.03M | 594.1M | 1.48B | 583.68M | 583.62M | 744.63M | 1.36B | 557.65M | 531.28M | 524.55M | 702.11M | 472.78M | 617.02M |
| Revenue Growth % | 41.23% | -1.21% | 0.85% | -0.54% | -2.29% | -42% | 2.38% | 1.95% | -20.22% | 8.84% | 4.67% | 9.85% | 41.95% | 93.29% | 17.95% | -13.9% | 8.8% | 101.51% | 66.24% | 165.82% |
| Cost of Goods Sold | 0 | 684.06M | 658.37M | 645.71M | 657.44M | 528.78M | 681.87M | 636.62M | 635.03M | 698.33M | 693.49M | 673.4M | 655.4M | 699.32M | 646.71M | 610.01M | 597.12M | 591.62M | 529.89M | 490.72M |
| COGS % of Revenue | - | 80.83% | 109.25% | 109.11% | 113.26% | 61.73% | 114.11% | 106.99% | 106.89% | 47.28% | 118.81% | 115.38% | 88.02% | 51.53% | 115.97% | 114.82% | 113.83% | 84.26% | 112.08% | 79.53% |
| Gross Profit | 0 | 162.23M | -55.74M | -53.9M | -76.97M | 327.87M | -84.32M | -41.59M | -40.93M | 778.76M | -109.81M | -89.77M | 89.23M | 657.79M | -89.06M | -78.73M | -72.57M | 110.49M | -57.1M | 126.3M |
| Gross Margin % | - | 19.17% | -9.25% | -9.11% | -13.26% | 38.27% | -14.11% | -6.99% | -6.89% | 52.72% | -18.81% | -15.38% | 11.98% | 48.47% | -15.97% | -14.82% | -13.83% | 15.74% | -12.08% | 20.47% |
| Gross Profit Growth % | 100% | -50.52% | 33.89% | -29.6% | -88.06% | -57.9% | 23.21% | 53.67% | -145.87% | 18.39% | -23.3% | -14.02% | 222.96% | 495.36% | -55.96% | -162.34% | -184.95% | 102.34% | -230.72% | 274.79% |
| Operating Expenses | 95.91M | 107.89M | -122.87M | -133.16M | -100.14M | 230.2M | -147.8M | -93.64M | -91.46M | 996.57M | 351.23M | -144.03M | 63.05M | 631.06M | -142.01M | -137.91M | -124.12M | 41.41M | -132.81M | 60.89M |
| OpEx % of Revenue | 11.7% | 12.75% | -20.39% | -22.5% | -17.25% | 26.87% | -24.73% | -15.74% | -15.4% | 67.47% | 60.17% | -24.68% | 8.47% | 46.5% | -25.47% | -25.96% | -23.66% | 5.9% | -28.09% | 9.87% |
| Selling, General & Admin | 95.91M | 107.89M | 84.71M | 97.44M | 86.85M | 225.61M | 41.34M | 99.36M | 89.04M | 47.29M | 37.9M | 50.08M | 47.52M | 37.45M | 40.68M | 42.55M | 41.44M | 34.92M | 33.01M | 42.95M |
| SG&A % of Revenue | 11.7% | 12.75% | 14.06% | 16.46% | 14.96% | 26.34% | 6.92% | 16.7% | 14.99% | 3.2% | 6.49% | 8.58% | 6.38% | 2.76% | 7.29% | 8.01% | 7.9% | 4.97% | 6.98% | 6.96% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K |
| Operating Income | 5.49M | 54.34M | 67.13M | 79.25M | 23.17M | 97.67M | 63.49M | 52.05M | 50.53M | -217.8M | -461.04M | 54.26M | 26.18M | 26.73M | 52.95M | 59.18M | 51.55M | 69.08M | 75.71M | 65.41M |
| Operating Margin % | 0.67% | 6.42% | 11.14% | 13.39% | 3.99% | 11.4% | 10.62% | 8.75% | 8.51% | -14.75% | -78.99% | 9.3% | 3.52% | 1.97% | 9.5% | 11.14% | 9.83% | 9.84% | 16.01% | 10.6% |
| Operating Income Growth % | -76.31% | -44.36% | 5.74% | 52.27% | -54.15% | 144.84% | 113.77% | -4.08% | 93.04% | -914.77% | -970.72% | -8.31% | -49.22% | -61.3% | -30.06% | -9.52% | 234.56% | 113.83% | 471.01% | 320.08% |
| EBITDA | 15.59M | 151.84M | 164.85M | 171.61M | 117.52M | 188.2M | 154.25M | 143.21M | 143.41M | -125.44M | -363.73M | 153.56M | 128.9M | 129.07M | 145.28M | 138.65M | 128.58M | 146.31M | 145.54M | 129.2M |
| EBITDA Margin % | 1.9% | 17.94% | 27.35% | 29% | 20.24% | 21.97% | 25.81% | 24.07% | 24.14% | -8.49% | -62.32% | 26.31% | 17.31% | 9.51% | 26.05% | 26.1% | 24.51% | 20.84% | 30.78% | 20.94% |
| EBITDA Growth % | -86.73% | -19.32% | 6.87% | 19.83% | -18.05% | 250.04% | 142.41% | -6.74% | 11.25% | -197.18% | -350.36% | 10.75% | 0.25% | -11.78% | -0.18% | 7.32% | 105.35% | 157.17% | 304.2% | 280.63% |
| D&A (Non-Cash Add-back) | 10.1M | 97.51M | 97.72M | 92.36M | 94.34M | 90.54M | 90.76M | 91.16M | 92.88M | 92.36M | 97.31M | 99.3M | 102.73M | 102.34M | 92.33M | 79.47M | 77.03M | 77.23M | 69.83M | 63.79M |
| EBIT | 0 | -73.55M | 61.73M | 79.25M | 23.17M | 100.44M | 63.46M | 60.82M | 37.97M | -238.2M | -455.19M | 52.99M | 46.92M | 33.67M | 51.33M | 49.71M | 72.61M | 59.11M | 94.67M | 115.53M |
| Net Interest Income | 0 | -24.44M | -25.38M | -27.53M | -28.4M | -29.73M | -31.43M | -33.04M | -32.47M | -33.49M | -32.31M | -32.55M | -31.95M | -30.51M | -28.52M | -25.61M | -24.78M | -25.61M | -24.25M | -23.15M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 25.59M | 24.44M | 25.38M | 27.53M | 28.4M | 29.73M | 31.43M | 33.04M | 32.47M | 33.49M | 32.31M | 32.55M | 31.95M | 30.51M | 28.52M | 25.61M | 24.78M | 25.61M | 24.25M | 23.15M |
| Other Income/Expense | -25.59M | -152.33M | -30.78M | -27.53M | -28.4M | -26.96M | -31.46M | -24.27M | -45.03M | -53.88M | -26.46M | -33.82M | -11.22M | -23.57M | -30.14M | -35.08M | -3.72M | -35.58M | -5.3M | 26.98M |
| Pretax Income | -20.11M | -97.99M | 36.35M | 51.72M | -5.23M | 70.71M | 32.03M | 27.78M | 5.5M | -271.69M | -487.5M | 20.44M | 14.96M | 3.16M | 22.81M | 24.1M | 47.83M | 33.49M | 70.41M | 92.39M |
| Pretax Margin % | -2.45% | -11.58% | 6.03% | 8.74% | -0.9% | 8.25% | 5.36% | 4.67% | 0.93% | -18.39% | -83.52% | 3.5% | 2.01% | 0.23% | 4.09% | 4.54% | 9.12% | 4.77% | 14.89% | 14.97% |
| Income Tax | -5.23M | 3.54M | 10.6M | 35.89M | 850K | 19.31M | 8.07M | 7.25M | 6.61M | -18.11M | -34.58M | 5.4M | -1.71M | 4.73M | 5.58M | 8.85M | 5.6M | 10.02M | 12.15M | 12.33M |
| Effective Tax Rate % | 26.02% | -3.62% | 29.16% | 69.4% | -16.26% | 27.31% | 25.21% | 26.09% | 120.16% | 6.67% | 7.09% | 26.41% | -11.46% | 149.68% | 24.47% | 36.73% | 11.71% | 29.93% | 17.25% | 13.35% |
| Net Income | -16.04M | -102.77M | 24.51M | 14.67M | -7.21M | 50.26M | 22.86M | 19.43M | -2.13M | -254.5M | -454.08M | 13.98M | 15.71M | -2.59M | 16.12M | 14.03M | 41.75M | 22.94M | 58.09M | 79.11M |
| Net Margin % | -1.96% | -12.14% | 4.07% | 2.48% | -1.24% | 5.87% | 3.83% | 3.27% | -0.36% | -17.23% | -77.8% | 2.39% | 2.11% | -0.19% | 2.89% | 2.64% | 7.96% | 3.27% | 12.29% | 12.82% |
| Net Income Growth % | -122.56% | -304.47% | 7.22% | -24.5% | -237.72% | 119.75% | 105.03% | 39.05% | -113.59% | -9733.96% | -2916.5% | -0.39% | -62.38% | -111.28% | -72.25% | -82.26% | 1152.7% | 134.83% | 213.83% | 1669.73% |
| Net Income (Continuing) | -16.04M | -101.54M | 25.75M | 15.83M | -6.08M | 51.4M | 23.95M | 20.53M | -1.11M | -253.57M | -452.92M | 15.04M | 16.68M | -1.57M | 17.23M | 15.25M | 42.23M | 23.47M | 58.27M | 80.06M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 7.41M | 7.76M | 8.07M | 6.68M | 6.05M | 6.97M | 7.93M | 6.84M | 9.24M | 8.21M | 7.29M | 6.13M | 7.57M | 6.6M | 5.58M | 4.48M | 5.26M | 4.78M | 4.25M | 4.08M |
| EPS (Diluted) | -0.12 | -0.73 | 0.16 | 0.10 | -0.05 | 0.34 | 0.15 | 0.13 | -0.02 | -1.91 | -3.43 | 0.09 | -0.06 | -0.02 | 0.11 | 0.09 | 0.08 | 0.15 | 0.20 | 0.12 |
| EPS Growth % | -140% | -314.71% | 6.67% | -23.08% | -150% | 117.8% | 104.37% | 44.44% | 66.67% | -9450% | -3218.18% | 0% | -175% | -113.33% | -45% | -25% | 200% | 131.91% | 600% | 50% |
| EPS (Basic) | -0.12 | -0.74 | 0.17 | 0.10 | -0.05 | 0.34 | 0.16 | 0.13 | -0.02 | -1.91 | -3.37 | 0.10 | 0.11 | -0.02 | 0.11 | 0.10 | 0.29 | 0.16 | 0.40 | 0.56 |
| Diluted Shares Outstanding | 135.78M | 135.44M | 137.21M | 137.07M | 134.8M | 136.53M | 136.53M | 136.03M | 132.91M | 132.99M | 134.98M | 136.23M | 135.98M | 134.14M | 137.58M | 137.01M | 138.48M | 136.38M | 140.32M | 136.58M |
| Basic Shares Outstanding | 135.78M | 135.44M | 135.34M | 134.99M | 134.8M | 134.57M | 134.3M | 133.22M | 132.91M | 132.99M | 134.82M | 134.29M | 134.53M | 134.14M | 134.23M | 134.33M | 134.02M | 132.47M | 131.68M | 129.66M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |