AdaptHealth Corp. reported second-quarter 2026 results with revenue up year-over-year while the company recorded a net loss and negative diluted EPS compared with profit in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$740.31M$657.1M12.7% | Net income²($133.93M)$14.67M(1012.7%) | Diluted EPS³($0.99)$0.1(1090%) |
¹ Reported as “Net revenue”. ² Reported as “Net (loss) income attributable to AdaptHealth Corp.”. ³ Reported as “Diluted income per share”.
Business Highlights
- Revenue growth: Net revenue rose 12.7% year-over-year for the quarter (first half +9.1% YoY), driven by organic growth and new capitated contracts.
- Channel and mix shift: Capitated revenue expanded materially to about 13.9% of Q2 revenue from 4.7% in the prior-year quarter.
- Scale and reach: The company serviced roughly 4.8 million patients across about 670 locations in 48 states.
- Cost actions: Launched $7.0 million of restructuring actions intended to yield approximately $26.8 million of annual run-rate savings.
- Headwinds: Inflation and a cybersecurity incident increased costs and risk; the company is enhancing controls and pursuing vendor negotiations to mitigate impacts.
Original SEC Filing:
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