Quarterly ResultAug 3, 2026, 04:31 PM
Addus HomeCare Q2 Net Service Revenue $377.4M, Adj. EPS $1.73
AI Summary
Addus HomeCare Corporation announced strong financial results for the second quarter ended June 30, 2026. Net service revenues increased 8.0% to $377.4 million, with adjusted net income per diluted share growing 16.1% to $1.73. Adjusted EBITDA also saw an 11.9% increase to $49.2 million. The company reported robust organic growth in its Personal Care (6.8%) and Hospice (11.1%) segments, and generated $40.0 million in cash flow from operations, maintaining a strong balance sheet for future strategic investments and acquisitions.
Key Highlights
- Net service revenues increased 8.0% year-over-year to $377.4 million for Q2 2026.
- Adjusted Net Income per Diluted Share rose 16.1% year-over-year to $1.73.
- Adjusted EBITDA increased 11.9% year-over-year to $49.2 million.
- Net income was $27.6 million, or $1.49 per diluted share, for the second quarter.
- Cash flow from operations totaled $40.0 million for the second quarter.
- Personal Care organic revenue grew 6.8% and accounted for 78.4% of revenues.
- Hospice care organic revenue grew 11.1% and accounted for 17.0% of revenues.
- The company reported $99.6 million in cash and $64.3 million in bank debt as of June 30, 2026.
Price Impact
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