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AdaptHealth AHCO Pre-Tax Income

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$806.46M-39.5%
Enterprise value$2.76B-14.2%
P/S0.3×-0.2×

Profitability

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Gross margin18.3%-1.6pp
Operating margin8%+6.9pp
Net margin-2.4%-5.1pp
FCF margin5.8%-2.6pp

Returns & leverage

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

Where this comes from

Reported directly by AdaptHealth in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: AdaptHealth’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:21 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030602
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Total costs and expenses814,310754,712
Operating income5,48923,170
Interest expense, net25,59428,399
Loss before income taxes(20,105)(5,229)
Income tax (benefit) expense(5,232)850
Net loss(14,873)(6,079)
Income attributable to noncontrolling interest1,1671,128
Net loss attributable to AdaptHealth Corp.$(16,040)$(7,207)

Item 1. Interim Consolidated Financial Statements (Unaudited)

FAQ

What is AdaptHealth's pre-tax income?
AdaptHealth (AHCO) reported pre-tax income of -$20.11M in Q1 2026.
How has AdaptHealth's pre-tax income changed year-over-year?
AdaptHealth's pre-tax income decreased by 284.5% year-over-year, from -$5.23M to -$20.11M.
What is the long-term trend for AdaptHealth's pre-tax income?
Over 4 years (2021 to 2025), AdaptHealth's pre-tax income has grown at a -46.9% compound annual growth rate (CAGR), from $190.96M to -$15.15M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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