Quarterly ResultMay 7, 2026, 04:18 PM
AMN Healthcare Q1 Revenue $1.378B, Adjusted EPS $2.10
AI Summary
AMN Healthcare Services reported strong first quarter 2026 financial results, with revenue of $1.378 billion and adjusted diluted EPS of $2.10, both exceeding guidance. The company saw significant year-over-year growth in revenue and adjusted EBITDA, driven by labor disruption events and a return to growth in travel nursing. Cash flow from operations was robust at $562 million, benefiting from favorable working capital timing, and the company maintained a healthy leverage ratio.
Key Highlights
- Q1 2026 consolidated revenue was $1.378 billion, a 100% increase year-over-year.
- Adjusted diluted EPS for Q1 2026 was $2.10, up 366% from $0.45 in Q1 2025.
- GAAP net income was $62.2 million ($1.59 per diluted share), compared to a net loss of $1.1 million in Q1 2025.
- Adjusted EBITDA reached $166.1 million, a 159% increase year-over-year.
- Cash flow from operations was $562 million, with a quarter-end cash balance of $561 million.
- Nurse and Allied Solutions segment revenue grew 173% year-over-year to $1.127 billion, including $722 million from labor disruption events.
- The company ended the quarter with $750 million of debt and a leverage ratio of 1.6x.
- Q2 2026 consolidated revenue guidance is $620 - $635 million, expected to be 4-6% lower year-over-year.