Quarterly ResultMay 1, 2026, 09:22 AM
BTSG Q1 Net Income $148.8M; Revenue $3.61B; Community Living Divestment Closes
AI Summary
BrightSpring Health Services, Inc. reported a significant increase in net income and revenue for Q1 2026, largely driven by the closing of its Community Living business divestment. The company completed the sale for $810.9 million, realizing a pre-tax gain of $103.4 million. Additionally, BTSG repurchased 1.46 million shares of common stock for $60 million during the quarter.
Key Highlights
- Community Living business divestment closed for $810.9 million in cash.
- Pre-tax gain on sale of discontinued operations was $103.4 million.
- Net income attributable to BrightSpring Health Services, Inc. increased to $148.8 million in Q1 2026 from $29.5 million in Q1 2025.
- Total revenues rose to $3.61 billion in Q1 2026 from $2.88 billion in Q1 2025.
- Basic EPS from continuing operations was $0.36, up from $0.05 in Q1 2025.
- Diluted EPS from continuing operations was $0.34, up from $0.05 in Q1 2025.
- Repurchased 1,464,807 shares of common stock for $60 million.
- Pharmacy Solutions revenue was $3.17 billion, and Provider Services revenue was $442.4 million.