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Ardent Health Partners ARDT Business Segments — Contract services

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Other financials

Income statement

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Revenue$1.6B-1.4%
Gross profit$1.6B-1.6%
Net income$16.9M-76.8%
EPS (diluted)$0.12-76.9%

Balance sheet

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Cash & equivalents$724.5M+34.0%
Total debt$1.2B-0.6%
Total equity$1.4B+7.6%
Total assets$5.3B+5.0%

Cash flow

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Operating cash flow$196.7M+67.4%
CapEx$38.7M-16.3%
Free cash flow$158.1M+122%

Valuation

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Market cap$1.66B-3.9%
Enterprise value$2.08B-11.0%
P/E21.2×+14.4×
P/S0.3×0.0×

Profitability

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Gross margin97.4%-0.1pp
Net margin1.2%-2.9pp
FCF margin4.8%+3.0pp

Returns & leverage

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Return on equity6%-19.6pp
Debt / equity0.9×-0.1×
Current ratio2.1×0.0×

Where this comes from

Reported directly by Ardent Health Partners in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalAndContractServicesExpense.

The source filing: Ardent Health Partners’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-055215
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Employee salaries and benefits661,415646,4011,308,3101,279,244
Contract labor14,77125,29629,30750,105
Supplies279,621270,639548,174529,494
Medical professional fees123,908112,331246,433216,202
Contract services203,935184,681398,480361,667
Other segment items (1)321,696332,982636,662591,469
Net income attributable to Ardent Health, Inc.$16,899$72,950$56,749$114,333
Other segment items included in net income attributable to Ardent Health, Inc. for each of the periods presented primarily consists of rent expense, interest expense, depreciation and amortization, income tax expense, other operating expenses, other non-operating losses (gains) and net income attributable to noncontrolling interests.

Item 6. [Exhibits](#i318ceb938e8c4054acb07fc4f210c650_220) [39](#i318ceb938e8c4054acb07fc4f210c650_220)

FAQ

What is Ardent Health Partners's business segments — contract services?
Ardent Health Partners (ARDT) reported business segments — contract services of $203.94M in Q2 2026.
How has Ardent Health Partners's business segments — contract services changed year-over-year?
Ardent Health Partners's business segments — contract services increased by 10.4% year-over-year, from $184.68M to $203.94M.
What is the long-term trend for Ardent Health Partners's business segments — contract services?
Over 3 years (2022 to 2025), Ardent Health Partners's business segments — contract services has grown at a 17.2% compound annual growth rate (CAGR), from $458.11M to $737.3M.
What does business segments — contract services mean?
Includes expenses related to outsourced operational or support services, such as facility management, billing, or specialized diagnostic services provided by third-party vendors. This metric tracks the company's strategy for managing non-core operational functions through external partnerships.

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