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Surgery Partners, Inc. SGRY Surgical Facilities — Salaries and benefits

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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:LaborAndRelatedExpense.

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, 20262025
Surgical Facilities Revenues$810.9$776.0
Less:
Salaries and benefits247.4238.6
Supplies220.2215.8
Professional and medical fees101.395.3
Lease expense23.020.8
Other segment items (1)84.273.5
676.1644.0

Item 1. Financial Statements

FAQ

What is Surgery Partners, Inc.'s surgical facilities — salaries and benefits?
Surgery Partners, Inc. (SGRY) reported surgical facilities — salaries and benefits of $247.4M in Q1 2026.
How has Surgery Partners, Inc.'s surgical facilities — salaries and benefits changed year-over-year?
Surgery Partners, Inc.'s surgical facilities — salaries and benefits increased by 3.7% year-over-year, from $238.6M to $247.4M.
What is the long-term trend for Surgery Partners, Inc.'s surgical facilities — salaries and benefits?
Over 3 years (2022 to 2025), Surgery Partners, Inc.'s surgical facilities — salaries and benefits has grown at a 9.2% compound annual growth rate (CAGR), from $746.4M to $971M.
What does surgical facilities — salaries and benefits mean?
This captures the total compensation costs for clinical and administrative staff directly employed within the surgical facilities segment. Monitoring this metric helps assess labor efficiency and the impact of wage inflation on the cost of delivering surgical care.

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