Quarterly ResultApr 30, 2026, 04:45 PM
SEM Q1 Revenue +5.0% to $1.42B; EPS $0.35; Declares $0.0625 Dividend
AI Summary
Select Medical Holdings Corporation announced its first quarter 2026 financial results, with revenue increasing 5.0% to $1,421.5 million, but net income and Adjusted EBITDA declining by 14.7% and 6.5% respectively. The company's Board of Directors declared a cash dividend of $0.0625 per share. Additionally, the vesting dates for certain equity awards held by Executive Chairman Robert A. Ortenzio and Senior Executive Vice President Martin F. Jackson were deferred by one year, and an update on the proposed merger indicated the HSR waiting period has expired.
Key Highlights
- Q1 2026 Revenue increased 5.0% to $1,421.5 million YoY.
- Q1 2026 Net income decreased 14.7% to $63.8 million; EPS was $0.35.
- Q1 2026 Adjusted EBITDA decreased 6.5% to $141.6 million.
- Board declared a cash dividend of $0.0625 per share, payable May 28, 2026.
- Equity award vesting for Robert A. Ortenzio and Martin F. Jackson delayed by one year.
- Rehabilitation Hospital segment revenue increased 14.5% to $351.9 million.
- Critical Illness Recovery Hospital segment Adjusted EBITDA decreased 15.3% to $73.4 million.
- HSR waiting period for the proposed merger expired April 27, 2026; merger expected mid-2026.
Price Impact
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