Skip to content
Screener

US Physical Therapy USPH Physical Therapy Operations — Revenue

Other segment segments

Industrial Injury Prevention Services Revenues
$31.7M+9.1%

Similar metrics at other companies

Reservoir Media, Inc. logo
RSVRPhysical — Revenue
$1.79M+34.6%
Warner Music Group logo
WMGPhysical — Revenue
$137M+15.1%
Cimpress PLC logo
CMPRPhysical printed products and other — Revenue
$919.61M+10.5%
ClearPoint Neuro logo
CLPTNeurosurgery Navigation And Therapy — Revenue
$5.89M+79.6%
BKV logo
BKVPhysical power purchased — Revenue
-$37.13M-13.3%
Neuronetics logo
STIMNeuro Star Advanced Therapy System — Revenue
$3.25M+7.9%

Other financials

Income statement

See full
Revenue$214.1M+8.5%
Gross profit$41.9M+0.8%
Operating income$21.9M-12.0%
Net income$9.9M-20.1%
EPS (diluted)$0.25-56.9%

Balance sheet

See full
Cash & equivalents$24.9M-27.0%
Total debt$171.2M+11.3%
Total equity$448.7M-10.4%
Total assets$1.2B+5.9%

Cash flow

See full
Operating cash flow$34.4M-1.4%
CapEx$5.4M+65.0%
Free cash flow$29.0M-8.2%

Valuation

See full
Market cap$1.16B-7.6%
Enterprise value$1.31B-5.1%
P/E36.1×+3.1×
P/S1.4×-0.3×

Profitability

See full
Gross margin18.7%+0.3pp
Operating margin9.4%-1.1pp
Net margin4%-1.3pp
FCF margin7.9%-0.5pp

Returns & leverage

See full
Return on equity6.8%-1.0pp
Debt / equity0.4×+0.1×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by US Physical Therapy in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: US Physical Therapy’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001140361-26-031825
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Net revenue:
Physical therapy operations$182,355$168,292$350,030$324,700
Industrial injury prevention services31,70429,05262,31456,432
Total Company$214,059$197,344$412,344$381,132
Operating Costs:
Salaries and related costs:
Physical therapy operations$105,793$95,668$206,280$189,241
Industrial injury prevention services19,61118,12038,61235,796

Item 1. Financial Statements.

FAQ

What is US Physical Therapy's physical therapy operations — revenue?
US Physical Therapy (USPH) reported physical therapy operations — revenue of $182.36M in Q2 2026.
How has US Physical Therapy's physical therapy operations — revenue changed year-over-year?
US Physical Therapy's physical therapy operations — revenue increased by 8.4% year-over-year, from $168.29M to $182.36M.
What is the long-term trend for US Physical Therapy's physical therapy operations — revenue?
Over 4 years (2021 to 2025), US Physical Therapy's physical therapy operations — revenue has grown at a 10.3% compound annual growth rate (CAGR), from $451.12M to $666.59M.
What does physical therapy operations — revenue mean?
The total gross income generated from physical therapy services, including patient care, rehabilitation, and related clinical treatments. This is the primary indicator of the segment's market demand and operational scale. It serves as the baseline for evaluating top-line growth and market share expansion.

Ask your AI about US Physical Therapy's physical therapy operations — revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude