U.S. Physical Therapy, Inc. (USPH) quarterly income statement — complete revenue, gross profit & net income history
U.S. Physical Therapy, Inc. (USPH) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Sales/Revenue | 222.56M | 214.06M | 198.29M | 202.73M | 164.02M | 164.18M | 152.55M | 180.45M | 168.03M | 167.19M | 155.68M | 154.8M | 150.01M | 151.49M | 148.51M | 141.18M | 139.6M | 140.66M | 131.7M | 129.83M |
| Revenue Growth % | 35.69% | 30.38% | 29.98% | 12.35% | -2.39% | -1.8% | -2.01% | 16.57% | 12.02% | 10.37% | 4.83% | 9.65% | 7.45% | 7.7% | 12.76% | 8.74% | 10.89% | 10.82% | 17.21% | 10.53% |
| Cost of Goods Sold | 179.53M | 172.12M | 169.6M | 160.86M | 127.15M | 122.56M | 121.48M | 146.75M | 138.9M | 133.33M | 127.27M | 124.28M | 122.08M | 119.28M | 117.65M | 113.35M | 112.82M | 109.83M | 105.12M | 102.65M |
| COGS % of Revenue | 80.66% | 80.41% | 85.53% | 79.35% | 77.52% | 74.65% | 79.64% | 81.33% | 82.66% | 79.75% | 81.76% | 80.29% | 81.38% | 78.74% | 79.22% | 80.29% | 80.81% | 78.09% | 79.81% | 79.06% |
| Gross Profit | 43.03M | 41.94M | 28.69M | 41.86M | 36.87M | 41.62M | 31.07M | 33.7M | 29.13M | 33.86M | 28.4M | 30.52M | 27.93M | 32.21M | 30.86M | 27.83M | 26.78M | 30.82M | 26.59M | 27.18M |
| Gross Margin % | 19.34% | 19.59% | 14.47% | 20.65% | 22.48% | 25.35% | 20.36% | 18.67% | 17.34% | 20.25% | 18.24% | 19.71% | 18.62% | 21.26% | 20.78% | 19.71% | 19.19% | 21.91% | 20.19% | 20.94% |
| Gross Profit Growth % | 16.71% | 0.77% | -7.65% | 24.24% | 26.57% | 22.92% | 9.38% | 10.42% | 4.3% | 5.14% | -7.96% | 9.65% | 4.27% | 4.5% | 16.06% | 2.38% | -10.12% | -10.15% | 2.67% | -6.65% |
| Operating Expenses | 17.93M | 20M | 13.74M | 19.86M | 11.54M | 16.69M | 11.42M | 19.16M | 14.38M | 18.3M | 13.47M | 31.4M | 12.05M | 12.14M | 13.86M | 21.04M | 11.89M | 10.74M | 11.56M | 10.72M |
| OpEx % of Revenue | 8.06% | 9.34% | 6.93% | 9.79% | 7.04% | 10.16% | 7.49% | 10.62% | 8.56% | 10.94% | 8.65% | 20.28% | 8.03% | 8.02% | 9.33% | 14.9% | 8.52% | 7.64% | 8.77% | 8.26% |
| Selling, General & Admin | 17.83M | 0 | 13.74M | 0 | 0 | 17.48M | 16.25M | 15.57M | 14.38M | 0 | 0 | 0 | 0 | 12.14M | 13.86M | 11.93M | 11.89M | 10.74M | 11.56M | 10.72M |
| SG&A % of Revenue | 8.01% | - | 6.93% | - | - | 10.64% | 10.65% | 8.63% | 8.56% | - | - | - | - | 8.02% | 9.33% | 8.45% | 8.52% | 7.64% | 8.77% | 8.26% |
| 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 | 104K | 1000K | 0 | 1000K | 1000K | -790K | -1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 0 | 0 | 0 | 0 |
| Operating Income | 25.1M | 21.95M | 14.95M | 22.01M | 25.33M | 24.94M | 19.64M | 14.54M | 14.75M | 15.57M | 14.93M | -880K | 15.88M | 20.06M | 17M | 6.79M | 14.89M | 20.08M | 15.03M | 16.46M |
| Operating Margin % | 11.28% | 10.25% | 7.54% | 10.86% | 15.44% | 15.19% | 12.88% | 8.06% | 8.78% | 9.31% | 9.59% | -0.57% | 10.59% | 13.24% | 11.45% | 4.81% | 10.67% | 14.28% | 11.41% | 12.68% |
| Operating Income Growth % | -0.9% | -12% | -23.9% | 51.38% | 71.78% | 60.2% | 31.58% | 1752.05% | -7.15% | -22.41% | -12.18% | -112.95% | 6.62% | -0.09% | 13.08% | -58.74% | -12.03% | -9.67% | 0.07% | -9.54% |
| EBITDA | 31.35M | 27.88M | 20.95M | 26.64M | 31.16M | 31M | 25.51M | 20.22M | 19.13M | 20.08M | 19.02M | 3.23M | 19.85M | 23.89M | 20.79M | 10.59M | 18.55M | 23.55M | 18.86M | 19.54M |
| EBITDA Margin % | 14.09% | 13.02% | 10.56% | 13.14% | 19% | 18.88% | 16.72% | 11.21% | 11.39% | 12.01% | 12.22% | 2.09% | 13.23% | 15.77% | 14% | 7.5% | 13.29% | 16.75% | 14.32% | 15.05% |
| EBITDA Growth % | 0.6% | -10.05% | -17.88% | 31.74% | 62.87% | 54.35% | 34.1% | 525.52% | -3.6% | -15.94% | -8.48% | -69.46% | 7.01% | 1.42% | 10.24% | -45.81% | -7.11% | -5.91% | 6.51% | -5.48% |
| D&A (Non-Cash Add-back) | 6.25M | 5.93M | 6M | 4.63M | 5.83M | 6.06M | 5.87M | 5.68M | 4.39M | 4.51M | 4.09M | 4.11M | 3.97M | 3.83M | 3.79M | 3.79M | 3.65M | 3.47M | 3.82M | 3.07M |
| EBIT | 25.14M | 22.27M | 13.35M | 17.31M | 25.28M | 25.07M | 19.61M | 20.37M | 14.35M | 16.77M | 16.72M | 2.12M | 17.88M | 21.73M | 16.96M | 6.8M | 18.05M | 20.48M | 16.02M | 18.58M |
| Net Interest Income | -3.56M | -3.18M | -2.77M | -2.33M | -2.38M | -2.39M | -2.25M | -1.74M | -1M | -906K | -425K | -427K | -428K | -2.12M | -2.5M | -2.17M | -2.01M | -308K | -494K | -150K |
| Interest Income | 24K | 29K | 16K | 20K | 33K | 28K | 24K | 306K | 1.02M | 1.07M | 1.54M | 1.58M | 1.67M | 517K | 64K | 69K | 0 | 679K | 46K | 41K |
| Interest Expense | 3.58M | 3.21M | 2.79M | 2.35M | 2.41M | 2.42M | 2.28M | 2.05M | 2.02M | 1.98M | 1.97M | 2.01M | 2.1M | 2.63M | 2.56M | 2.24M | 2.01M | 987K | 540K | 191K |
| Other Income/Expense | -3.54M | -2.89M | -4.38M | -7.05M | -2.46M | -2.29M | -2.31M | 3.78M | -2.41M | -772K | -172K | 986K | -102K | -967K | -2.6M | -2.23M | 1.14M | -585K | 448K | 1.92M |
| Pretax Income | 21.56M | 19.05M | 10.56M | 14.96M | 22.88M | 22.65M | 17.33M | 18.32M | 12.34M | 14.79M | 14.76M | 106K | 15.78M | 19.09M | 14.4M | 4.56M | 16.04M | 19.5M | 15.48M | 18.39M |
| Pretax Margin % | 9.69% | 8.9% | 5.33% | 7.38% | 13.95% | 13.8% | 11.36% | 10.15% | 7.34% | 8.85% | 9.48% | 0.07% | 10.52% | 12.61% | 9.69% | 3.23% | 11.49% | 13.86% | 11.75% | 14.16% |
| Income Tax | 3.97M | 4.16M | 2.41M | 5.78M | 5.23M | 4.93M | 3.86M | 5.83M | 2.56M | 3.08M | 3.14M | 1.4M | 3.56M | 4.23M | 2.97M | 1.21M | 3.21M | 4.24M | 3.5M | 3.95M |
| Effective Tax Rate % | 18.43% | 21.81% | 22.79% | 38.66% | 22.88% | 21.78% | 22.28% | 31.81% | 20.74% | 20.84% | 21.27% | 1319.81% | 22.54% | 22.16% | 20.62% | 26.58% | 20.05% | 21.74% | 22.6% | 21.46% |
| Net Income | 11.04M | 1.6M | -4.33M | -10.55M | 7.24M | 8.81M | 9.9M | 7.44M | 5.53M | 6.88M | 6.61M | -7.92M | 7.01M | 8.05M | 7.53M | -1.09M | 9.36M | 11.35M | 8.65M | 9.09M |
| Net Margin % | 4.96% | 0.75% | -2.18% | -5.2% | 4.42% | 5.37% | 6.49% | 4.12% | 3.29% | 4.12% | 4.24% | -5.12% | 4.67% | 5.32% | 5.07% | -0.77% | 6.71% | 8.07% | 6.56% | 7% |
| Net Income Growth % | 52.49% | -81.8% | -143.75% | -241.8% | 30.95% | 28.05% | 49.83% | 193.9% | -21.12% | -14.53% | -12.25% | -626.7% | -25.09% | -29.05% | -12.92% | -111.99% | 10.55% | 7.71% | 857.48% | 25.86% |
| Net Income (Continuing) | 17.59M | 14.9M | 8.16M | 9.18M | 17.64M | 17.72M | 13.47M | 12.49M | 9.78M | 11.71M | 11.62M | -1.29M | 12.22M | 14.86M | 11.43M | 3.35M | 12.82M | 15.26M | 11.98M | 14.44M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 358.08M | 317.49M | 313.9M | 293.31M | 278.88M | 264.84M | 261.75M | 270.12M | 187.96M | 185.4M | 192.19M | 176.04M | 176.23M | 167.01M | 165.7M | 168.78M | 149.61M | 153.16M | 159.25M | 156.84M |
| EPS (Diluted) | -1.04 | 0.25 | -0.12 | -0.44 | 0.48 | 0.58 | 0.80 | 0.52 | 0.39 | 0.47 | 0.46 | -0.38 | 0.51 | 0.64 | 0.88 | 0.20 | 0.72 | 0.87 | 0.93 | 0.73 |
| EPS Growth % | -316.67% | -56.9% | -115% | -184.62% | 23.08% | 23.4% | 73.91% | 236.84% | -23.53% | -26.56% | -47.73% | -290% | -29.17% | -26.44% | -5.38% | -72.6% | 9.09% | 6.1% | 1224.79% | -27.72% |
| EPS (Basic) | -1.04 | 0.25 | -0.12 | -0.44 | 0.48 | 0.58 | 0.80 | 0.52 | 0.39 | 0.47 | 0.46 | -0.38 | 0.51 | 0.64 | 0.88 | 0.20 | 0.72 | 0.87 | 0.93 | 0.73 |
| Diluted Shares Outstanding | 14.93M | 15.07M | 15.17M | 15.18M | 15.2M | 15.2M | 15.13M | 15.06M | 15.08M | 15.07M | 15.02M | 14.99M | 14.99M | 13.72M | 13.03M | 13M | 13M | 13M | 12.94M | 12.91M |
| Basic Shares Outstanding | 14.93M | 15.07M | 15.17M | 15.18M | 15.2M | 15.2M | 15.13M | 15.06M | 15.08M | 15.07M | 15.02M | 14.99M | 14.99M | 13.72M | 13.03M | 13M | 13M | 13M | 12.94M | 12.91M |
| Dividend Payout Ratio | 62.15% | 864.78% | - | - | 94.46% | 155.17% | 69.06% | 89.3% | 119.94% | 192.68% | - | - | 91.91% | 139.53% | - | - | 56.95% | 93.9% | - | 53.14% |