When did US Physical Therapy report Q2 2025 earnings?

US Physical Therapy (USPH) reported Q2 2025 earnings on August 6, 2025 after market close.

What were US Physical Therapy's Q2 2025 revenue and EPS?

US Physical Therapy reported revenue of $164.2M and eps of $0.81 for Q2 2025.

Did US Physical Therapy beat estimates in Q2 2025?

Revenue missed the consensus estimate of $189.9M by $25.7M. EPS beat the consensus estimate of $0.71 by $0.10.

How did US Physical Therapy's Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue declined 1.8% from $167.2M a year earlier and eps grew 11.0% from $0.73.

Where can I find US Physical Therapy's Q2 2025 SEC filings?

You can read the 10-Q periodic report (0001140361-25-029744) directly on SEC EDGAR. The filing index links above go to sec.gov.

US Physical Therapy USPH Q2 2025 earnings

Reported August 6, 2025 · After market close

Revenue$164.2MMiss by $25.7M

EPS$0.81Beat by $0.10

Revenue estimate$189.9M

EPS estimate$0.71

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$211.4M

EPS estimate$0.85

Financials

Q2 2025

Income statement

See full

Revenue$197.3M+18.0%

Gross profit$41.6M+22.9%

Operating income$24.9M+60.2%

Net income$12.4M+65.1%

EPS (diluted)$0.58+23.4%

Balance sheet

See full

Cash & equivalents$34.1M-69.8%

Total debt$153.8M+23.3%

Total equity$500.8M+3.3%

Total assets$1.2B+15.3%

Cash flow

See full

Operating cash flow$34.9M+20.2%

CapEx$3.3M+39.2%

Free cash flow$31.6M+18.6%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$1.2B-13.5%

Enterprise value$1.32B-5.7%

P/E31.5×-23.0×

P/S1.6×-0.6×

Profitability

See full

Gross margin18.4%-0.8pp

Operating margin10.6%+3.2pp

Net margin5.2%+1.2pp

FCF margin8.3%-2.4pp

Returns & leverage

See full

Return on equity7.7%+2.5pp

Debt / equity0.3×0.0×

Current ratio1.2×-0.7×

Segments

By segment

See full

Physical Therapy Operations$168.3M+17.3%

Industrial Injury Prevention Services Revenues$29.1M+22.6%

By product

See full

Net Patient Revenues$164.2M+17.0%

Other Revenues Including Management Contract Revenues And Industrial Injury Prevention Services Revenues$33.2M+23.2%

Versus estimates

Revenue

Q1 2026$198.3MMiss by $2.7M Q4 2025$202.7MBeat by $2.8M Q3 2025$164.0MMiss by $36.1M

Q2 2025$164.2MMiss by $25.7M

Q1 2025$152.5MMiss by $35.6M Q4 2024$180.4MBeat by $7.3M

Diluted EPS

Q1 2026$0.46Miss by $0.09 Q4 2025$0.67In line Q3 2025$0.66Miss by $0.01

Q2 2025$0.81Beat by $0.10

Q1 2025$0.48Beat by $0.02 Q4 2024$0.65Miss by $0.04

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Questions, answered.

When did US Physical Therapy report Q2 2025 earnings?: US Physical Therapy (USPH) reported Q2 2025 earnings on August 6, 2025 after market close.
What were US Physical Therapy's Q2 2025 revenue and EPS?: US Physical Therapy reported revenue of $164.2M and eps of $0.81 for Q2 2025.
Did US Physical Therapy beat estimates in Q2 2025?: Revenue missed the consensus estimate of $189.9M by $25.7M. EPS beat the consensus estimate of $0.71 by $0.10.
How did US Physical Therapy's Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue declined 1.8% from $167.2M a year earlier and eps grew 11.0% from $0.73.
Where can I find US Physical Therapy's Q2 2025 SEC filings?: You can read the 10-Q periodic report (0001140361-25-029744) directly on SEC EDGAR. The filing index links above go to sec.gov.