| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 35.39 | 1.7% | 4.0% |
| Total Income | 35.39 | 1.7% | 4.0% |
| Expenditure | 38.63 | 32.2% | 19.0% |
| PBT | -4.54 | 203.7% | 882.8% |
| Net Profit | -3.28 | 206.2% | 1626.3% |
| OPM | -9.15% | 25.15pp | 13.81pp |
| NPM | -9.28% | 18.15pp | 8.72pp |
| EPS | -0.15 | 207.1% | 1400.0% |
NRC Health Announces Second Quarter 2026 Results
29 Jul 2026 · 29 Jul, 1:37 am
Summary
NRC Health announced its financial results for the second quarter of 2026, reporting a 4% year-over-year increase in total revenue to $35.4 million. The company also saw an 11% increase in Total Recurring Contract Value (TRCV) to $151.9 million. While reporting a GAAP net loss of ($3.3) million, the company highlighted an Adjusted Net Income of $6.9 million and Adjusted EBITDA of $9.4 million. Management expressed optimism about the company's positioning for a strong second half of 2026, driven by strong bookings and increasing demand for healthcare experience improvement solutions.
Key Highlights
- 1
Total Recurring Contract Value (TRCV) was $151.9 million, an increase of 11% year-over-year.
- 2
Total revenue for the second quarter of 2026 was $35.4 million, up 4% from the prior year.
- 3
GAAP net loss for the quarter was ($3.3) million, representing (9%) of revenue.
- 4
Adjusted Net Income was $6.9 million, representing 19% of revenue.
- 5
Adjusted net income per diluted share was $0.31 on 22.0 million fully diluted shares.
- 6
Adjusted EBITDA was $9.4 million, representing 27% of revenue.
- 7
Net cash flow from operating activities was $1.4 million, representing 4% of revenue.
Management Comments
Trent Green
Our second quarter was a success on many fronts, including double-digit TRCV growth over the prior year, strong go-to-market and solutions delivery execution, continued commercialization of our product innovations, and the strongest bookings performance for The Governance Institute in seven years, positioning us well for a strong second half of 2026. As healthcare organizations increasingly seek partners who can help improve experience outcomes, strengthen governance, and build enduring brand value, we believe NRC Health is uniquely differentiated through our three connected strengths: delivering continuous consumer and patient insights, providing trusted partnership and strategic engagement with healthcare leaders, and enabling actions that lead to improved outcomes.
Informational and educational content only. Not investment advice.