Quarterly ResultMay 14, 2026, 07:07 AM
SBC Medical Q1 Net Income $11.3M, EPS $0.11; Revenue $43.06M
AI Summary
SBC Medical Group Holdings Inc. reported a significant decline in its first quarter 2026 financial results, with net income attributable to the company falling 47.4% year-over-year to $11.31 million. Basic and diluted earnings per share also decreased by 47.6% to $0.11. Total revenues, net, were down 9.0% to $43.06 million, and gross profit saw a 19.6% reduction compared to the same period in 2025.
Key Highlights
- Net income attributable to SBC Medical Group Holdings Inc. was $11.31 million, a 47.4% decrease from $21.50 million in Q1 2025.
- Basic and diluted EPS was $0.11, down 47.6% from $0.21 in Q1 2025.
- Total revenues, net, decreased by 9.0% to $43.06 million from $47.33 million in Q1 2025.
- Gross profit fell 19.6% to $30.35 million from $37.73 million in Q1 2025.
- Income from operations was $17.72 million, a 26.8% decrease compared to $24.20 million in Q1 2025.
- Cash and cash equivalents increased to $167.31 million as of March 31, 2026, from $163.77 million at December 31, 2025.
- Total assets grew to $388.02 million as of March 31, 2026, from $380.45 million at December 31, 2025.
Price Impact
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