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BrightSpring Health Services, Inc.

BTSG

BrightSpring Health Services is a leading integrated healthcare platform providing complementary pharmacy and provider services to high-need, medically complex patients.

Market cap
$14.13B+277%
Revenue$13.6B+28.0%
Net income$309.9M+6,958%
Free cash flow$412.1M+358%
EPS (diluted)$1.41+2,450%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 31, 2026 (In 2 days)
Revenue estimate$3.7B
EPS estimate$0.40

Financials

Q1 2026

Income statement

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Revenue$3.6B+25.6%
Gross profit$482.2M+42.5%
Operating income$121.4M+139%
Net income$148.8M+404%
EPS (diluted)$0.67+379%

Balance sheet

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Cash & equivalents$888.8M+1,598%
Total debt$2.7B-0.6%
Total equity$2.0B+17.3%
Total assets$6.2B+6.3%

Cash flow

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Operating cash flow$122.9M+21.0%
CapEx$21.5M+22.2%
Free cash flow$101.4M+20.8%

Valuation & ratios

Valuation

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Market cap$14.13B+277%
Enterprise value$15.94B+155%
P/E45.6×
P/S+0.7×

Profitability

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Gross margin12.2%-0.1pp
Operating margin2.7%+1.1pp
Net margin2.3%
FCF margin3%

Returns & leverage

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Return on equity16.9%
Debt / equity1.4×-0.2×
Current ratio1.7×0.0×

Segments

By product

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Medicare D$1.1B+17.9%
Commercial Insurance$1.0B+41.7%
Medicare C$667.0M+28.2%
Medicaid$405.7M+25.5%
Medicare A$308.9M+17.5%

By segment

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Pharmacy Solutions$3.2B+25.2%
Provider Services$442.4M+27.9%

Competitors

Profile

BrightSpring Health Services is a leading integrated healthcare platform providing complementary pharmacy and provider services to high-need, medically complex patients. The company specializes in delivering clinical and supportive care in lower-cost home and community settings, primarily targeting senior and specialty populations with chronic conditions. Its value proposition centers on improving patient outcomes and reducing total healthcare costs through coordinated medication management and home-based primary care.

Competitive position

One of the largest independent providers of home and community-based health services in the U.S. with a presence in all 50 states.

GeographiesUnited States
Customer segmentsSeniors, Specialty patients, Behavioral health populations, Payors, Healthcare facilities
Business modelFee-for-service, Value-based care, Per diem, Government-reimbursed healthcare
SuppliersPharmaceutical manufacturers, Wholesale drug distributors, Group Purchasing Organizations (GPOs), Medical supply vendors
CustomersMedicare and Medicaid programs, Commercial health insurers, Pharmacy Benefit Managers (PBMs), Hospitals and health systems, Private pay individuals
Listed2024
Employees35.0K
CEOJon Rousseau
FilingsSEC EDGAR

Questions, answered.

What is BrightSpring Health Services, Inc.'s market cap?
BrightSpring Health Services, Inc. (BTSG) has a market capitalization of $14.1B and trades on NASDAQ.
What is BrightSpring Health Services, Inc.'s revenue and profitability?
BrightSpring Health Services, Inc. generated $13.6B in trailing twelve-month revenue with net income of $309.9M, representing a net margin of 2.3%. Gross margin stands at 12.2%, with free cash flow of $412.1M. These figures are based on the Q1 2026 filing.
Who are BrightSpring Health Services, Inc.'s competitors?
BrightSpring Health Services, Inc.'s key competitors include CVS Health, Option Care Health, Inc., Cigna, and others. These companies compete in similar markets and product categories.
Who does BrightSpring Health Services, Inc. partner with?
BrightSpring Health Services, Inc.'s notable partners include CVS Health, UnitedHealth Group, Cigna, and others.
What subsidiaries does BrightSpring Health Services, Inc. have?
BrightSpring Health Services, Inc.'s subsidiaries include PharMerica Corporation, BrightSpring Health Holdings Corp..
Where is BrightSpring Health Services, Inc. headquartered?
BrightSpring Health Services, Inc. is headquartered in United States of America and employs approximately 35,000 people. It has been publicly traded since 2024.