Quarterly ResultMay 1, 2026, 06:01 AM
BTSG Q1 Revenue +25.6% to $3.61B; Adj EBITDA +44.8%; FY26 Guidance Up
AI Summary
BrightSpring Health Services, Inc. (BTSG) announced strong financial results for the first quarter ended March 31, 2026, with net revenue increasing 25.6% to $3,614 million and Adjusted EBITDA rising 44.8% to $190 million. The company also raised its full-year 2026 revenue and Adjusted EBITDA guidance, reflecting confidence in continued growth. Additionally, BrightSpring completed the divestiture of its Community Living business and repurchased $60.0 million of common stock during the quarter.
Key Highlights
- Divestiture of Community Living business to Sevita closed on March 30, 2026.
- Q1 2026 Net Revenue was $3,614 million, up 25.6% compared to Q1 2025.
- Q1 2026 Adjusted EBITDA was $190 million, up 44.8% compared to Q1 2025.
- Increased full year 2026 Revenue guidance to $14,725M-$15,225M (14.1%-17.9% growth).
- Increased full year 2026 Adjusted EBITDA guidance to $795M-$825M (28.7%-33.6% growth).
- Pharmacy Solutions Revenue was $3,171 million, up 25% YoY.
- Provider Services Revenue was $442 million, up 28% YoY.
- Repurchased $60.0 million of common stock in March 2026.