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ADUS 8-K filings, explained
Every material Form 8-K Addus HomeCare has filed with the SEC since August 05, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Addus HomeCare reported third-quarter 2026 net service revenues of $387.7 million, up 7.0%, with net income of $28.6 million, or $1.54 per diluted share, compared with $1.24 a year earlier. Adjusted net income per diluted share rose 17.3% to $1.83, and the company said it has a pending agreement to acquire the personal care division of AccentCare for approximately $275.0 million.
Net service revenues of $387.7 million, up 7.0% from $362.3 million in the third quarter of 2025
Net income of $28.6 million, or $1.54 per diluted share, versus $1.24; adjusted net income per diluted share of $1.83 versus $1.56
Adjusted EBITDA of $51.2 million, up 13.5%; net cash from operating activities of $40.9 million
Definitive agreement to acquire AccentCare's personal care division for approximately $275.0 million, announced September 14, 2026; conference call on November 4, 2026 at 9:00 a.m. Eastern Time
Addus HomeCare's subsidiary agreed on September 12, 2026 to acquire the personal care business of AccentCare outside New York for $275 million in cash, subject to adjustments. The company expects the deal to add about $280 million in annualized revenue, which it says would be roughly a 19% increase to its revenue base, and plans to fund it through its revolver and cash on hand. Closing depends on regulatory approvals and the Hart-Scott-Rodino waiting period, so shareholders will not see the deal's effect until it closes.
Purchase price is $275 million in cash, subject to working capital and other customary adjustments.
Company expects about $280 million in annualized personal care revenue, which its CEO describes as roughly a 19% increase to revenue.
Acquired operations serve an average daily census of about 13,700 customers across a 10-state footprint.
Closing requires regulatory approvals and the expiration of the HSR waiting period; the deal has no financing condition and no termination or reverse termination fee.
Addus HomeCare said President and Chief Operating Officer Heather Dixon left the company on August 7, 2026. The company appointed W. Bradley Bickham, its former president and COO, as interim COO on the same day, under an employment agreement that runs through July 31, 2027.
Heather Dixon, President and Chief Operating Officer, left the company on August 7, 2026.
W. Bradley Bickham, age 63, was appointed interim Chief Operating Officer on August 7, 2026.
Bickham's employment agreement, dated August 10, 2026, sets an annualized base salary of $622,000 plus fixed bonuses.
Bickham previously served as President and COO from March 2021 to September 2025 and as Advisor to the CEO from September 2025.
Addus HomeCare reported second-quarter 2026 net service revenues of $377.4 million, up 8.0% from $349.4 million a year earlier. Net income rose to $27.6 million, or $1.49 per diluted share, from $1.20 per diluted share in the prior-year quarter. Because revenue, profit and per-share earnings all improved, the results point in a favorable direction for shareholders, though the filing gives no forward guidance.
Net service revenues were $377.4 million, up 8.0% from $349.4 million in Q2 2025
Net income was $27.6 million, or $1.49 per diluted share, versus $1.20 a year earlier
Adjusted EBITDA rose 11.9% to $49.2 million; cash flow from operations was $40.0 million
Results were released August 3, 2026; the conference call is set for August 4, 2026 at 9:00 a.m. Eastern Time
Addus HomeCare reported first-quarter 2026 net service revenues of $363.6 million, up 7.7% from a year earlier, with net income of $25.1 million, or $1.36 per diluted share, versus $1.16 a year ago. The company also said it acquired HomeCourt Home Care's personal care operations in Indiana on May 1, 2026, and signed an agreement for another Indiana acquisition expected to close later this year.
Net service revenues $363.6 million, up 7.7% from $337.7 million in Q1 2025
Net income $25.1 million, or $1.36 per diluted share, versus $1.16 in Q1 2025
Adjusted net income per diluted share $1.62, up 14.1% from $1.42
HomeCourt acquisition closed May 1, 2026, serving about 240 clients with annualized revenues of about $9.7 million
Addus HomeCare reported fourth quarter 2025 net service revenues of $373.1 million, up 25.6% from a year earlier, and net income of $29.8 million, or $1.61 per diluted share, versus $1.07 a year earlier. For the full year, revenue rose 23.2% to $1.42 billion and net income per diluted share was $5.22 compared with $4.23.
Q4 2025 net income per diluted share was $1.61 versus $1.07 in Q4 2024; adjusted EPS was $1.77 versus $1.38.
Full-year 2025 net service revenues were $1.42 billion, up 23.2%, and adjusted EBITDA was $180.0 million, up 28.3%.
Cash at December 31, 2025 was $81.6 million and bank debt was $124.3 million; the company paid down debt in 2025 and completed three acquisitions.
Texas personal care rate increase of 9.9% took effect September 1, 2025; Illinois announced a 3.9% increase starting January 1, 2026.
Addus HomeCare reported third-quarter 2025 results on November 3, 2025, with net service revenues up 25.0% to $362.3 million and net income of $22.8 million, or $1.24 per diluted share, compared with $1.10 a year earlier. The company also completed its $7.4 million purchase of the personal care operations of Del Cielo Home Care Services in Texas on October 1, 2025.
Net income was $22.8 million for the quarter, compared with $20.2 million a year earlier; adjusted net income per diluted share was $1.56, compared with $1.30.
Adjusted EBITDA rose 31.6% to $45.1 million from $34.3 million.
Del Cielo serves about 700 clients in the Coastal Bend region of Texas and has annualized revenues of about $12.5 million.
As of September 30, 2025, the company had cash of $101.9 million and bank debt of $154.3 million.
Addus HomeCare named Heather Dixon, a former Acadia Healthcare CFO and an Addus independent director, as President and Chief Operating Officer, effective September 15, 2025. Current President and COO W. Bradley Bickham will become Advisor to the Chief Executive Officer and plans to retire in March 2026. Dixon resigned from the board, and the board has not yet filled the vacancy.
Heather Dixon joins as President and COO on September 15, 2025, succeeding W. Bradley Bickham
Dixon's agreement sets a base salary of $650,000 and a target bonus of 90% of base salary
Dixon receives a $1,500,000 signing bonus and restricted stock valued at $3,100,000 vesting over three years
Bickham's retirement is planned for March 2026; the board has not yet filled Dixon's former board seat
Addus HomeCare reported second-quarter 2025 net service revenues of $349.4 million, up 21.8% from a year earlier, and net income of $1.20 per diluted share compared with $1.10. The company also completed its $21.3 million acquisition of Helping Hands Home Care on August 1, 2025, adding three locations in western Pennsylvania. The release does not include updated financial guidance figures.
Net service revenues were $349.4 million, up 21.8% from $286.9 million in Q2 2024.
Net income was $22.1 million, or $1.20 per diluted share, compared with $18.1 million, or $1.10, a year earlier.
Adjusted EBITDA rose 24.5% to $43.9 million; cash flow from operations was $22.5 million.
Helping Hands was acquired for $21.3 million on August 1, 2025, with annualized revenues of approximately $16.7 million.
Addus HomeCare reported first quarter 2025 results for the period ended March 31, 2025, with net service revenues up 20.3% year over year to $337.7 million and net income of $21.2 million, or $1.16 per diluted share, versus $0.97 a year earlier. Results include the first full quarter of the Gentiva personal care operations, acquired December 2, 2024, and the filing does not include any change to guidance.
Net service revenues were $337.7 million, up from $280.7 million in the first quarter of 2024.
Net income was $21.2 million, or $1.16 per diluted share, compared with $15.8 million, or $0.97 per diluted share.
Adjusted net income per diluted share rose 17.4% to $1.42; adjusted EBITDA rose 25.1% to $40.6 million.
Cash at March 31, 2025 was $97.0 million and bank debt was $203.0 million.
Addus HomeCare said President and Chief Operating Officer W. Bradley Bickham will retire effective March 10, 2026, and that CEO Dirk Allison signed a three-year extension of his employment agreement. The filing says Bickham's retirement is not due to any disagreement with management, and his unvested restricted shares will vest in full if he stays through the retirement date.
Bickham notified the company on March 10, 2025 of his intent to retire, effective March 10, 2026.
Allison's third amended employment agreement runs three years from March 10, 2025.
Allison and CFO Brian Poff received restricted share grants of 63,500 and 31,750 shares, respectively, vesting on the third anniversary of March 10, 2025.
The company described the press release as announcing the matters in Item 5.02; no financial results were reported.
Addus HomeCare reported fourth-quarter 2024 net service revenues of $297.1 million, up 7.5%, while GAAP net income of $19.5 million was roughly flat and diluted EPS fell to $1.07 from $1.20. For the full year, revenue rose 9.1% to $1.15 billion and net income rose to $73.6 million from $62.5 million, though the company's adjusted measures are non-GAAP and it reported no new guidance.
Q4 2024 net service revenues were $297.1 million, up from $276.4 million; adjusted EBITDA rose 10.3% to $37.8 million.
Q4 diluted EPS was $1.07 versus $1.20 a year earlier; adjusted diluted EPS was $1.38 versus $1.32.
Full-year 2024 net income was $73.6 million, or $4.23 per diluted share, compared with $62.5 million, or $3.83, in 2023.
Cash and equivalents were $98.9 million at December 31, 2024; the Gentiva personal care acquisition closed December 2, 2024.
Addus HomeCare Corporation said its subsidiary completed the purchase of the personal care business of Curo Health Services, which does business as Gentiva, on December 2, 2024. The cash price was $350 million, subject to customary adjustments, and the deal adds operations in seven states, including Texas and Missouri, where the company says it will become the largest personal care provider in Texas. The filing does not include financial results for the acquired business, and the company's financial statements for the deal will be filed by amendment.
Purchase price: $350 million in cash, subject to customary working capital and other adjustments
Company states the acquired business adds annualized revenues of approximately $280 million
Funded through the existing revolving credit facility and part of the proceeds of a June 28, 2024 public offering of common stock
Operations in Arizona, Arkansas, California, Missouri, North Carolina, Tennessee and Texas; acquired financial statements and pro forma information to follow by amendment
Addus HomeCare reported third-quarter 2024 results on November 4, 2024, with net service revenues up 7.0% to $289.8 million and net income up to $20.2 million, or $1.10 per diluted share, from $15.4 million, or $0.95, a year earlier. The company said the Gentiva personal care acquisition is expected to close in the fourth quarter of 2024, and the release did not include updated full-year guidance.
Net service revenues rose 7.0% to $289.8 million, compared with $270.7 million in the third quarter of 2023.
Net income was $20.2 million, or $1.10 per diluted share, versus $15.4 million, or $0.95, a year earlier.
Adjusted net income per diluted share rose 13.0% to $1.30; Adjusted EBITDA rose 11.1% to $34.3 million.
Addus expects to close the Gentiva personal care acquisition in the fourth quarter of 2024.
Addus HomeCare Corporation entered into a Fourth Amendment to its credit agreement on October 22, 2024, with Capital One, National Association, as administrative agent. The amendment increases the revolving credit facility to $650 million and the incremental loan facility to $150 million, and extends the facility's maturity from July 30, 2026 to July 30, 2028. For shareholders, the filing shows expanded borrowing capacity and a longer debt maturity runway, but it does not state how much has been drawn.
Revolving credit facility increased to an aggregate $650 million
Incremental loan facility increased to an aggregate $150 million
Maturity extended from July 30, 2026 to July 30, 2028
Amendment dated October 22, 2024; the 8-K was filed October 23, 2024
Addus HomeCare reported second-quarter 2024 net service revenues of $286.9 million, up 10.4% from a year earlier, with net income of $18.1 million, or $1.10 per diluted share, compared with $14.9 million, or $0.91, in the prior-year quarter. Results also covered a pending $350.0 million acquisition of Gentiva's personal care operations, a planned sale of its New York operations, and a public offering that raised net proceeds of about $176.1 million.
Net service revenues rose 10.4% to $286.9 million; adjusted EBITDA rose 24.7% to $35.3 million.
Net income was $18.1 million, or $1.10 per diluted share, versus $0.91 a year earlier; adjusted EPS was $1.35 versus $1.07.
Cash was $173.3 million at June 30, 2024; about $81.4 million of offering proceeds repaid all credit facility debt.
The Gentiva acquisition is expected to close in the fourth quarter of 2024, subject to regulatory approvals.
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