Quarterly ResultApr 30, 2026, 07:07 AM
OPCH Q1 Revenue +1.3% to $1.35B; GAAP EPS $0.29; Credit Facility Expanded
AI Summary
Option Care Health, Inc. reported mixed financial results for the first quarter ended March 31, 2026, with net revenue up 1.3% to $1,350.7 million but GAAP net income down 3.0% to $45.3 million. The company expanded its revolving credit facility from $400 million to $850 million and repurchased $17.5 million of stock. Management expressed dissatisfaction with revenue growth momentum and updated its full-year 2026 financial guidance, including net revenue of $5.675 billion to $5.775 billion.
Key Highlights
- Revolving credit facility expanded from $400 million to $850 million.
- Q1 Net Revenue reached $1,350.7 million, a 1.3% increase year-over-year.
- Q1 GAAP Net Income was $45.3 million, down 3.0% year-over-year.
- Q1 GAAP Diluted EPS was $0.29, up 3.6% year-over-year.
- Repurchased $17.5 million of stock during the quarter.
- Updated full-year 2026 Net Revenue guidance to $5.675 billion to $5.775 billion.
- Updated full-year 2026 Adjusted Diluted EPS guidance to $1.82 to $1.92.
- Updated full-year 2026 Adjusted EBITDA guidance to $480 million to $505 million.