Quarterly ResultMay 5, 2026, 04:39 PM
Addus HomeCare Q1 Revenue $363.6M, Net Income $25.1M, EPS $1.36
AI Summary
Addus HomeCare Corp reported strong first-quarter results for 2026, with net service revenues increasing by 7.7% to $363.6 million and net income rising by 18.1% to $25.1 million. Diluted earnings per share grew by 17.2% to $1.36. The company also reduced its revolving loan debt by $30.0 million and utilized $3.2 million in ARPA funding for caregiver support. As of March 31, 2026, the company had $547.8 million available for borrowing under its credit facility.
Key Highlights
- Net service revenues increased 7.7% to $363.6 million for Q1 2026, up from $337.7 million in Q1 2025.
- Net income rose 18.1% to $25.1 million for Q1 2026, compared to $21.2 million in Q1 2025.
- Diluted EPS increased 17.2% to $1.36 for Q1 2026, from $1.16 in Q1 2025.
- The company repaid $30.0 million under its revolving credit facility during Q1 2026.
- Cash balance at March 31, 2026, was $103.1 million, up from $81.6 million at December 31, 2025.
- Received $6.2 million in ARPA funding and utilized $3.2 million for caregiver support in Q1 2026.
- Personal Care segment net service revenues were $281.1 million in Q1 2026.
- Hospice segment net service revenues were $65.8 million in Q1 2026.
Price Impact
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