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US Physical Therapy USPH Physical Therapy Operations — Revenue

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Other financials

Income statement

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Revenue$198.3M+7.9%
Gross profit$32.8M+5.4%
Operating income$12.5M-36.5%
Net income$5.0M-49.1%
EPS (diluted)-$0.12-115%

Balance sheet

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Cash & equivalents$28.4M-27.4%
Total debt$169.4M+12.6%
Total equity$469.0M-5.7%
Total assets$1.2B+5.3%

Cash flow

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Operating cash flow$3.8M+181%
CapEx$5.4M+108%
Free cash flow-$1.6M+78.4%

Valuation

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Market cap$1.01B-10.7%
Enterprise value$1.15B-7.4%
P/E29×-4.9×
P/S1.3×-0.3×

Profitability

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Gross margin19%+0.9pp
Operating margin10%+0.3pp
Net margin4.4%-0.4pp
FCF margin8.4%+0.4pp

Returns & leverage

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Return on equity7.2%+0.4pp
Debt / equity0.4×+0.1×
Current ratio1.2×0.0×

Where this comes from

Reported directly by US Physical Therapy in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: US Physical Therapy’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is US Physical Therapy's physical therapy operations — revenue?
US Physical Therapy (USPH) reported physical therapy operations — revenue of $167.68M in Q1 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 7.2% year-over-year, from $156.41M to $167.68M.
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.