BrightSpring Health Services, Inc. BTSG Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Pharmacy Solutions | $3.17B+0.5% | $3.16B+6.4% | $2.97B+6.3% | $2.79B+10.2% | $2.53B+5.6% | |
| Provider Services | $442.4M+12.3% | $394.1M+7.4% | $367.1M+2.7% | $357.6M+3.4% | $345.9M-1.1% | |
| Selling General And Administrative Expense From Reportable by Business | ||||||
| Pharmacy Solutions | $157.03M+31.8% | $119.15M-9.1% | $131.12M-3.6% | $136.04M+17.5% | $115.74M-3.9% | |
| Provider Services | $122.42M+23.3% | $99.26M+6.7% | $93.03M+1.3% | $91.87M+2.0% | $90.1M+5.7% | |
| Earnings Before Interest Income Taxes Depreciation And Amortization From Reportable by Business | ||||||
| Pharmacy Solutions | $169.07M+4.3% | $162.1M+15.0% | $140.99M+13.1% | $124.69M+7.7% | $115.73M+2.6% | |
| Provider Services | $65.98M+2.4% | $64.45M+6.2% | $60.67M+7.5% | $56.46M+10.5% | $51.08M-8.1% | |
| Depreciation And Amortization Expense From Reportable by Business | ||||||
| Pharmacy Solutions | $25.33M-3.4% | $26.21M-0.9% | $26.45M-2.2% | $27.03M-1.7% | $27.51M-4.2% | |
| Provider Services | $6.95M+12.2% | $6.2M-15.6% | $7.34M+2.3% | $7.17M+6.0% | $6.77M+0.8% | |
| Concentration Risk % by Business | ||||||
| Pharmacy Solutions | 87.8%+87.7pp | 0.1%-88.9pp | 89%+0.4pp | 88.6%+0.6pp | 88%+87.9pp | |
| Provider Services | 12.2%— | —— | 11%-0.4pp | 11.4%-0.6pp | 12%— | |
| Goodwill by Business | ||||||
| Pharmacy Solutions | $841.05M0.0% | $841.05M0.0% | $841.05M0.0% | $841.05M0.0% | $841.05M0.0% | |
| Provider Services | $1.69B-0.7% | $1.7B+11.4% | $1.53B0.0% | $1.53B0.0% | $1.53B+0.4% | |
| Goodwill Foreign Currency Translation Gain Loss by Business | ||||||
| Pharmacy Solutions | $0— | $0— | $0— | $0— | $0— | |
| Provider Services | -$62K-195% | $65K— | —— | $173K+811% | $19K+108% | |
| Goodwill Purchase Accounting Adjustments by Business | ||||||
| Pharmacy Solutions | $0— | $0— | $0— | $0— | $0— | |
| Provider Services | -$12.06M— | $0-100% | $500K+638% | -$93K+66.7% | -$279K-164% | |
| Revenue by Product | ||||||
| Commercial Insurance | $1.01B+8.9% | $931.7M+7.1% | $869.6M+10.6% | $786.1M+9.8% | $715.9M+0.9% | |
| Medicaid | $405.7M+1.0% | $401.5M-3.4% | $415.7M+17.2% | $354.7M+9.7% | $323.3M+2.9% | |
| Medicare A | $308.9M+4.1% | $296.8M+9.9% | $270M+2.0% | $264.7M+0.7% | $262.8M-3.9% | |
| Medicare B | $21.8M+2.3% | $21.3M+4.4% | $20.4M+1.5% | $20.1M-4.3% | $21M-21.6% | |
| Medicare C | $667M-2.0% | $680.8M+9.5% | $621.8M+5.4% | $590.2M+13.4% | $520.3M+13.2% | |
| Medicare D | $1.07B-4.1% | $1.12B+5.8% | $1.06B+5.0% | $1.01B+10.7% | $910.9M+7.2% | |
| Private And Other | $121.9M+23.8% | $98.5M+26.0% | $78.2M-36.7% | $123.5M-0.3% | $123.9M+8.8% | |
| Concentration Risk % by Product | ||||||
| Commercial Insurance | 28%+27.8pp | 0.2%-25.8pp | 26%+1.0pp | 25%+0.2pp | 24.8%+24.5pp | |
| Medicaid | 11.2%— | —— | 12.4%+1.1pp | 11.3%0.0pp | 11.3%— | |
| Medicare A | 8.5%— | —— | 8.1%-0.3pp | 8.4%-0.8pp | 9.2%— | |
| Medicare B | 0.6%— | —— | 0.7%+0.1pp | 0.6%-0.2pp | 0.8%— | |
| Medicare C | 18.5%+18.3pp | 0.2%-18.5pp | 18.7%-0.1pp | 18.8%+0.8pp | 18%+17.9pp | |
| Medicare D | 29.7%— | —— | 31.7%-0.3pp | 32%+0.4pp | 31.6%— | |
| Private And Other | 3.5%— | —— | 2.4%-1.5pp | 3.9%-0.4pp | 4.3%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does BrightSpring Health Services, Inc. break its business down?
- BrightSpring Health Services, Inc. (BTSG) reports revenue by business across 2 parts — Pharmacy Solutions and Provider Services. Each is extracted from the segment footnotes and tracked over time.
- Where does BrightSpring Health Services, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in BrightSpring Health Services, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
