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Surgery Partners, Inc. SGRY Patient service revenues — Revenue

Other product segments

Private insurance
$398.9M+1.3%
Government
$357.4M+8.8%
Self-pay
$19.2M-4.5%
Other service revenues
$18.8M+6.8%
Other
$16.6M+3.8%

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Other financials

Income statement

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Revenue$810.9M+4.5%
Operating income$65.8M+6.3%
Net income-$35.9M+4.8%
EPS (diluted)-$0.28+6.7%

Balance sheet

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Cash & equivalents$182.3M-20.5%
Total debt$5.1B+4.6%
Total equity$1.7B-3.0%
Total assets$8.0B+1.2%

Cash flow

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Operating cash flow$11.7M+95.0%
CapEx$16.0M-29.5%
Free cash flow-$4.3M+74.3%

Valuation

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Market cap$1.95B-32.1%
Enterprise value$6.82B-9.2%
P/S0.6×-0.3×

Profitability

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Gross margin23.1%
Operating margin11.8%+1.2pp
Net margin-2.3%-0.9pp
FCF margin6.2%+0.8pp

Returns & leverage

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Return on equity-4.4%-1.6pp
Debt / equity+0.2×
Current ratio1.9×0.0×

Where this comes from

Reported directly by Surgery Partners, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The source filing: Surgery Partners, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:13 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001638833-26-000046
Line itemThree Months Ended March 31, 2026 / AmountThree Months Ended March 31, 2026 / %Three Months Ended March 31, 2025 / AmountThree Months Ended March 31, 2025 / %
Patient service revenues:
Private insurance$398.950.4%$393.851.9%
Government357.445.1%328.543.3%
Self-pay19.22.4%20.12.7%
Other (1)16.62.1%16.02.1%
Total patient service revenues792.1100.0%758.4100.0%
Other service revenues18.817.6
Total revenues$810.9$776.0

Item 1. Financial Statements

FAQ

What is Surgery Partners, Inc.'s patient service revenues — revenue?
Surgery Partners, Inc. (SGRY) reported patient service revenues — revenue of $792.1M in Q1 2026.
How has Surgery Partners, Inc.'s patient service revenues — revenue changed year-over-year?
Surgery Partners, Inc.'s patient service revenues — revenue increased by 4.4% year-over-year, from $758.4M to $792.1M.
What is the long-term trend for Surgery Partners, Inc.'s patient service revenues — revenue?
Over 4 years (2021 to 2025), Surgery Partners, Inc.'s patient service revenues — revenue has grown at a 10.1% compound annual growth rate (CAGR), from $2.2B to $3.23B.
What does patient service revenues — revenue mean?
This metric measures the total gross revenue generated specifically from patient service activities, including surgical facility services and related ancillary care. It serves as a primary indicator of the scale and operational volume of the company's outpatient delivery model. Tracking this figure over time helps investors assess the company's ability to grow its patient base and expand its footprint in the surgical services market.

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