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Nutex Health Inc.

NUTX

Nutex Health Inc. is a physician-led healthcare services and operations company that integrates a network of micro-hospitals with a population health management platform.

Market cap
$1.02B+119%
Revenue$880.0M+40.9%
Net income$96.4M+30.7%
Free cash flow$269.0M+286%
EPS (diluted)$12.94+2.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$215.0M
EPS estimate$4.95

Financials

Q1 2026

Income statement

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Revenue$216.5M+2.2%
Gross profit$91.7M-22.5%
Operating income$81.3M+0.7%
Net income$46.8M+121%
EPS (diluted)$6.52+95.8%

Balance sheet

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Cash & equivalents$210.6M+149%
Total debt$348.9M+4.4%
Total equity$346.3M+75.7%
Total assets$957.3M+25.6%

Cash flow

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Operating cash flow$75.5M+48.2%
CapEx$1.2M+1,777%
Free cash flow$74.3M+46.0%

Valuation & ratios

Valuation

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Market cap$1.02B+119%
Enterprise value$1.16B+54.1%
P/E10.6×+1.5×
P/S1.2×+0.5×

Profitability

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Gross margin47.5%-1.3pp
Operating margin31.4%-2.2pp
Net margin11%-0.9pp
FCF margin30.6%+19.4pp

Returns & leverage

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Return on equity35.5%-21.2pp
Debt / equity-0.7×
Current ratio3.1×+0.9×

Segments

By segment

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Real estate division$1.2M+90.1%

Competitors

Profile

Nutex Health Inc. is a physician-led healthcare services and operations company that integrates a network of micro-hospitals with a population health management platform. The company specializes in providing concierge-level emergency and inpatient care through a decentralized model while managing risk-bearing provider networks. Its core value proposition centers on reducing patient wait times and aligning financial incentives with physician partners through co-ownership of facilities.

Competitive position

Nutex occupies a niche as a leading operator of micro-hospitals, competing against traditional large hospital systems by offering lower wait times and a physician-partnership equity model.

GeographiesUnited States
Customer segmentsPatients, Insurance Carriers, Government Agencies, Physicians
Business modelFee-for-service, Capitation, Management Services Organization (MSO), Real Estate Leasing
SuppliersMedical equipment manufacturers, Pharmaceutical suppliers, Real estate lenders, Physician staffing
CustomersPrivate insurance carriers, Centers for Medicare & Medicaid Services (CMS), HMOs, Individual patients
Listed2022
Employees800.0
CEOThomas T. Vo
FilingsSEC EDGAR

Questions, answered.

What is Nutex Health Inc.'s market cap?
Nutex Health Inc. (NUTX) has a market capitalization of $1.0B and trades on NASDAQ.
What is Nutex Health Inc.'s revenue and profitability?
Nutex Health Inc. generated $880.0M in trailing twelve-month revenue with net income of $96.4M, representing a net margin of 11.0%. Gross margin stands at 47.5%, with free cash flow of $269.0M. These figures are based on the Q1 2026 filing.
Who are Nutex Health Inc.'s competitors?
Nutex Health Inc.'s key competitors include Tenet Healthcare, HCA Healthcare, National Healthcare Corp., and others. These companies compete in similar markets and product categories.
Who does Nutex Health Inc. partner with?
Nutex Health Inc.'s notable partners include HaloMD.
What subsidiaries does Nutex Health Inc. have?
Nutex Health Inc.'s subsidiaries include Physician LLCs, Real Estate Entities.
Where is Nutex Health Inc. headquartered?
Nutex Health Inc. is headquartered in United States of America and employs approximately 800 people. It has been publicly traded since 2022.