Quarterly ResultMay 14, 2026, 06:56 AM
SBC Medical Q1 Revenue Down 9% to $43M; Net Income Down 47%
AI Summary
SBC Medical Group Holdings Inc. reported its first-quarter 2026 financial results, with total revenues decreasing 9% year-over-year to $43 million. Net income attributable to the company fell 47% to $11 million, resulting in diluted EPS of $0.11, a 48% decline. The company attributed the revenue decrease primarily to a strategic structural reform involving a revision of the franchise fee structure in April 2025, noting solid core business performance otherwise.
Key Highlights
- Total revenues decreased 9% year-over-year to $43 million.
- Net income attributable to SBC Medical Group Holdings Inc. was $11 million, down 47% YoY.
- Diluted earnings per share (EPS) was $0.11, a 48% year-over-year decrease.
- EBITDA decreased 26% year-over-year to $18 million, with a 43% EBITDA margin.
- Number of franchise locations increased by 33 to 284 as of March 31, 2026.
- Customer count for the last twelve months increased 10% year-over-year to 6.76 million.
- Net income margin was 26%, a 19 percentage point decrease year-over-year.