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AdaptHealth AHCO Retained Earnings

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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:RetainedEarningsAccumulatedDeficit.

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 itemMarch 31,2026December 31,2025
Preferred Stock, par value of $0.0001 per share, 5,000,000 shares authorized; 124,060 shares issued and outstanding as of March 31, 2026 and December 31, 202511
Treasury stock, at cost (2,935,035 shares at March 31, 2026 and December 31, 2025)(25,548)(25,548)
Additional paid-in capital2,181,6192,176,990
Accumulated deficit(649,012)(632,972)
Accumulated other comprehensive income78
Total stockholders' equity attributable to AdaptHealth Corp.1,507,0741,518,562
Noncontrolling interest in subsidiary7,4077,762
Total Stockholders' Equity1,514,4811,526,324

Item 1. Interim Consolidated Financial Statements (Unaudited)

FAQ

What is AdaptHealth's retained earnings?
AdaptHealth (AHCO) reported retained earnings of -$649.01M in Q1 2026.
How has AdaptHealth's retained earnings changed year-over-year?
AdaptHealth's retained earnings decreased by 14.0% year-over-year, from -$569.39M to -$649.01M.
What is the long-term trend for AdaptHealth's retained earnings?
Over 5 years (2020 to 2025), AdaptHealth's retained earnings has grown at a 26.0% compound annual growth rate (CAGR), from -$199.2M to -$632.97M.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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