Quarterly ResultMay 14, 2026, 07:06 AM
Aveanna Healthcare Q1 Net Income $41.65M; Revenue $647.92M; Acquires Family First
AI Summary
Aveanna Healthcare Holdings reported significantly improved financial results for the first quarter ended April 4, 2026, with net income surging to $41.65 million from $5.19 million in the prior year. Revenue also increased to $647.92 million. The company is also in the process of acquiring Family First Holding, LLC for $175.5 million, expected to close in Q2 2026, expanding its pediatric home care services.
Key Highlights
- Pending acquisition of Family First Holding, LLC for $175.5 million, expected to close in Q2 2026.
- Q1 2026 net income increased to $41.65 million from $5.19 million in Q1 2025.
- Q1 2026 revenue rose to $647.92 million, up from $559.22 million in Q1 2025.
- Basic net income per share was $0.19 in Q1 2026, compared to $0.03 in Q1 2025.
- Operating income for Q1 2026 was $69.33 million, up from $51.80 million in Q1 2025.
- Net cash provided by operating activities was $4.35 million in Q1 2026, an improvement from $(8.63) million used in Q1 2025.
- Total assets as of April 4, 2026, were $2.02 billion, slightly up from $2.01 billion at January 3, 2026.
- Total liabilities as of April 4, 2026, were $1.78 billion, down from $1.82 billion at January 3, 2026.