Quarterly ResultAug 4, 2026, 04:39 PM
Addus HomeCare Q2 Net Service Revenue $377.4M; Net Income $27.6M
AI Summary
Addus HomeCare reported strong financial results for the second quarter of 2026, with net service revenues increasing to $377.4 million and net income rising to $27.6 million. Diluted earnings per share also saw a significant increase to $1.49. The company expanded its personal care segment with the acquisition of HomeCourt Home Care for $12.2 million and demonstrated strong financial management by repaying $60.0 million of its revolving credit facility, reducing long-term debt to $61.6 million.
Key Highlights
- Net service revenues for Q2 2026 increased to $377.4 million from $349.4 million in Q2 2025.
- Net income for Q2 2026 rose to $27.6 million from $22.1 million in Q2 2025.
- Diluted EPS for Q2 2026 was $1.49, up from $1.20 in Q2 2025.
- Acquired HomeCourt Home Care for $12.2 million, expanding personal care to Indiana.
- Repaid $60.0 million under the revolving credit facility in H1 2026.
- Net cash provided by operating activities was $92.4 million for H1 2026.
- Total long-term debt decreased to $61.6 million as of June 30, 2026.
- Received $6.3 million in ARPA funding YTD Q2 2026, utilizing $5.6 million.
Price Impact
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