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US Physical Therapy USPH Business Segments

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Revenue by Business
Industrial Injury Prevention Services Revenues$31.7M+9.1%$30.61M+11.8%$28.95M+8.7%$29.02M+14.6%$29.05M+22.6%
Physical Therapy Operations$182.36M+8.4%$167.68M+7.2%$173.78M+13.0%$168.11M+17.8%$168.29M+17.3%
Revenue by Product
Hospital Affiliation Revenue$5.56M$0
Net Patient Revenues$173.22M+5.5%$164.33M+7.7%$169.68M+13.1%$164.02M+17.9%$164.18M+17.0%
Other Revenues Including Management Contract Revenues And Industrial Injury Prevention Services Revenues$35.27M+6.4%$33.96M+8.7%$33.05M+8.8%$33.11M+14.6%$33.16M+23.2%

FAQ

How does US Physical Therapy break its business down?
US Physical Therapy (USPH) reports revenue by business across 2 parts — Industrial Injury Prevention Services Revenues and Physical Therapy Operations. Each is extracted from the segment footnotes and tracked over time.
Where does US Physical Therapy's segment data come from?
Segment breakdowns are pulled from the segment footnotes in US Physical Therapy'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.