Tenet Healthcare THC Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net operating revenues by Business | ||||||
| Ambulatory Care | $1.32B-7.9% | $1.43B+12.4% | $1.28B+0.4% | $1.27B+6.4% | $1.19B-5.2% | |
| Hospital Operations | $4.05B-1.1% | $4.09B+2.0% | $4.01B+0.3% | $4B-0.7% | $4.03B+5.6% | |
| Net operating revenues by Product | ||||||
| Indemnity and other | $150M-3.8% | $156M-0.6% | $157M+29.8% | $121M+3.4% | $117M+41.0% | |
| Managed care | $2.39B-4.2% | $2.5B+5.3% | $2.37B-2.0% | $2.42B+1.0% | $2.4B+2.3% | |
| Medicaid | $356M-1.4% | $361M-10.6% | $404M+6.6% | $379M-0.3% | $380M+20.3% | |
| Medicare | $565M+6.8% | $529M+3.3% | $512M-3.4% | $530M-3.3% | $548M+9.6% | |
| Other revenues | $574M+4.9% | $547M-0.9% | $552M+0.7% | $548M-0.2% | $549M+0.5% | |
| Total | $3.47B-2.1% | $3.55B+2.5% | $3.46B+0.3% | $3.45B-0.8% | $3.48B+6.5% | |
| Uninsured | $9M+350% | $2M-86.7% | $15M— | $0-100% | $35M+45.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Tenet Healthcare break its business down?
- Tenet Healthcare (THC) reports net operating revenues by business across 2 parts — Ambulatory Care and Hospital Operations. Each is extracted from the segment footnotes and tracked over time.
- Where does Tenet Healthcare's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Tenet Healthcare'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.
