Skip to content
AdaptHealth logo

AdaptHealth

AHCO

AdaptHealth is a leading national provider of patient-centered, healthcare-at-home solutions specializing in home medical equipment, medical supplies, and chronic therapy services.

Market cap
$1.49B+21.0%
Revenue$3.3B+1.2%
Net income-$79.6M-193%
Free cash flow$192.0M-30.1%
EPS (diluted)-$0.59-204%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$846.8M
EPS estimate$0.17

Financials

Q1 2026

Income statement

See full
Revenue$819.8M+5.4%
Gross profit$111.5M-7.4%
Operating income$5.5M-76.3%
Net income-$16.0M-123%
EPS (diluted)-$0.12-140%

Balance sheet

See full
Cash & equivalents$48.0M-10.6%
Total debt$2.0B-4.9%
Total equity$1.5B-3.9%
Total assets$4.4B-0.3%

Cash flow

See full
Operating cash flow$93.7M-1.9%
CapEx$121.2M+26.8%
Free cash flow-$27.5M-47,297%

Valuation & ratios

Valuation

See full
Market cap$1.49B+21.0%
Enterprise value$3.44B+8.4%
P/S0.5×+0.1×

Profitability

See full
Gross margin18.3%-1.6pp
Net margin-2.4%-5.1pp
FCF margin5.8%-2.6pp

Returns & leverage

See full
Return on equity-5.2%-10.8pp
Debt / equity1.3×0.0×
Current ratio0.9×-0.4×

Segments

By segment

See full
Sleep Health$358.5M+13.3%
Respiratory Health$178.1M+7.6%
Diabetes Health$142.2M+2.4%
Wellness at Home$141.0M-10.3%

Competitors

Profile

AdaptHealth is a leading national provider of patient-centered, healthcare-at-home solutions specializing in home medical equipment, medical supplies, and chronic therapy services. The company facilitates the transition of care from clinical settings to the home by providing essential devices and integrated clinical support for complex disease states. Its value proposition centers on a technology-enabled platform that automates workflows for physicians and improves the delivery experience for patients.

Competitive position

A leading national provider with a highly fragmented market share, distinguished by a centralized, technology-enabled platform and a vast network of approximately 640 locations.

GeographiesUnited States
Customer segmentsMedicare beneficiaries, Medicaid beneficiaries, Commercial insurance payors, Healthcare referral sources
Business modelDirect-to-consumer distribution, Rental and leasing, At-risk capitation, Fee-for-service
SuppliersMedical device manufacturers, National healthcare distribution companies, Third-party software providers, Business process outsourcing providers
CustomersMedicare, Medicaid, Commercial health insurance companies, Individual patients, Managed care providers
Listed2018
Employees10.7K
CEOSuzanne Foster
FilingsSEC EDGAR

Questions, answered.

What is AdaptHealth's market cap?
AdaptHealth (AHCO) has a market capitalization of $1.5B and trades on NASDAQ.
What is AdaptHealth's revenue and profitability?
AdaptHealth generated $3.3B in trailing twelve-month revenue with a net loss of $79.6M, representing a net margin of -2.4%. Gross margin stands at 18.3%, with free cash flow of $192.0M. These figures are based on the Q1 2026 filing.
Who are AdaptHealth's competitors?
AdaptHealth's key competitors include Viemed Healthcare, Inc., Cardinal Health, Inc., Inogen, Inc., and others. These companies compete in similar markets and product categories.
Who does AdaptHealth partner with?
AdaptHealth's notable partners include Amazon.
Where is AdaptHealth headquartered?
AdaptHealth is headquartered in United States of America and employs approximately 10,700 people. It has been publicly traded since 2018.