BrightSpring Health Services (BTSG)

Nasdaq Health Care Health Care Services S&P MidCap 400

$67.15

+1.29 (+1.96%)

Close of Nov 06, 2026 · end-of-day data

Source: BrightSpring Health Services's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2022	FY2023	FY2024	FY2025
Revenue	$6.64B	$7.69B	$10.07B	$12.91B
Gross profit	$1.08B	$1.14B	$1.27B	$1.52B
Selling, general & admin	$925.19M	$1.08B	$1.16B	$1.22B
Operating income	$118.86M	$58.12M	$107.95M	$295.25M
Interest expense	$199.81M	$271.90M	$190.55M	$157.31M
Pre-tax income	-$80.95M	-$213.77M	-$95.32M	$137.94M
Income tax	$33.15M	-$31.51M	-$26.39M	$33.15M
Net income	-$53.91M	-$154.60M	-$18.06M	$190.67M
EBITDA	$322.83M	$260.46M	$312.44M	$459.53M
EPS (basic)	$-0.46	$-1.31	$-0.09	$0.94
EPS (diluted)	$-0.46	$-1.31	$-0.09	$0.87
Diluted shares	117.84M	117.87M	193.00M	219.77M
Gross margin	16.3%	14.8%	12.6%	11.8%
Operating margin	1.8%	0.8%	1.1%	2.3%
Net margin	-0.8%	-2.0%	-0.2%	1.5%

Balance sheet

fiscal years · USD

Fiscal year	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$13.21M	$12.43M	$60.95M	$88.37M
Receivables	—	$766.90M	$902.78M	$989.72M
Inventory	—	$398.88M	$636.56M	$815.18M
Total current assets	—	$1.46B	$1.89B	$2.89B
Goodwill	$2.27B	$2.30B	$2.36B	$2.55B
Total assets	—	$5.53B	$5.93B	$6.41B
Total current liabilities	—	$1.25B	$1.43B	$1.85B
Short-term debt	—	$32.27M	$48.73M	$52.34M
Long-term debt	—	$3.33B	$2.56B	$2.46B
Total debt	—	$3.36B	$2.61B	$2.51B
Total liabilities	—	$4.92B	$4.27B	$4.53B
Shareholders' equity	$754.78M	$584.74M	$1.65B	$1.88B

Cash flow

fiscal years · USD

Fiscal year	FY2022	FY2023	FY2024	FY2025
Operating cash flow	-$4.65M	$210.78M	$23.77M	$490.17M
Capital expenditures	$70.11M	$73.53M	$80.91M	$95.48M
Free cash flow	-$74.77M	$137.26M	-$57.14M	$394.69M
Investing cash flow	$45.36M	-$134.43M	-$140.24M	-$305.08M
Financing cash flow	-$73.81M	-$76.91M	$164.65M	-$157.87M
Share buybacks	—	$650.00K	$650.00K	$43.17M
Stock-based compensation	$3.55M	$3.92M	$69.17M	$70.10M
Depreciation & amortization	$203.97M	$202.34M	$204.48M	$164.28M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$1.24B	$2.29B	$2.44B	$2.60B	$2.75B	$2.88B	$3.15B	$3.33B	$3.55B	$3.61B	$3.87B	$4.21B
Cost of revenue	—	$2.21B	$2.34B	$2.50B	—	—	—	—	—	—	—	—
Gross profit	$73.92M	$292.49M	$312.18M	$323.09M	$338.67M	$338.37M	$374.85M	$392.01M	$412.55M	$482.22M	$492.75M	$518.55M
Selling, general & admin	$94.71M	$307.83M	$273.52M	$294.00M	$283.13M	$287.63M	$326.30M	$304.17M	$304.44M	$360.77M	$362.36M	$358.07M
Operating income	-$20.79M	-$15.34M	$38.65M	$29.10M	$55.54M	$50.74M	$48.56M	$87.84M	$108.11M	$121.45M	$130.39M	$160.48M
Interest expense	$30.36M	$54.47M	$43.28M	$46.61M	$46.18M	$41.76M	$38.78M	$38.23M	$38.53M	$38.62M	$36.88M	$31.04M
Pre-tax income	-$51.15M	-$82.53M	-$4.63M	-$17.52M	$9.36M	$8.98M	$9.78M	$49.61M	$69.58M	$82.83M	$93.51M	$129.44M
Income tax	-$18.52M	-$26.50M	-$13.12M	$8.15M	$5.08M	-$240.00K	$1.24M	$12.12M	$20.03M	$8.55M	$6.91M	$28.64M
Net income	-$6.54M	-$45.75M	$19.92M	-$8.23M	$16.00M	$29.54M	$28.21M	$55.84M	$77.08M	$148.77M	$84.29M	$100.14M
EBITDA	$30.22M	$33.59M	$88.72M	$79.70M	$110.42M	$92.90M	$90.40M	$128.60M	$147.64M	$160.54M	$171.81M	$198.85M
EPS (basic)	$-0.05	$-0.26	$0.10	$-0.04	$0.09	$0.15	$0.14	$0.27	$0.38	$0.73	$0.41	$0.48
EPS (diluted)	$-0.05	$-0.26	$0.10	$-0.04	$0.09	$0.14	$0.13	$0.26	$0.35	$0.67	$0.38	$0.45
Diluted shares	-3.00K	175.53M	208.99M	198.49M	2.46M	214.93M	216.34M	217.98M	1.25M	221.32M	220.28M	220.23M
Gross margin	6.0%	12.8%	12.8%	12.4%	12.3%	11.8%	11.9%	11.8%	11.6%	13.3%	12.7%	12.3%
Operating margin	-1.7%	-0.7%	1.6%	1.1%	2.0%	1.8%	1.5%	2.6%	3.0%	3.4%	3.4%	3.8%
Net margin	-0.5%	-2.0%	0.8%	-0.3%	0.6%	1.0%	0.9%	1.7%	2.2%	4.1%	2.2%	2.4%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$12.43M	$58.04M	$25.03M	$35.97M	$60.95M	$52.34M	$70.07M	$140.34M	$88.37M	$888.80M	$550.38M	$717.84M
Receivables	$766.90M	$990.58M	$984.76M	$1.03B	$902.78M	$975.26M	$972.72M	$1.01B	$989.72M	$1.11B	$1.14B	$1.22B
Inventory	$398.88M	$373.74M	$374.29M	$478.32M	$636.56M	$533.64M	$625.47M	$639.20M	$815.18M	$560.17M	$575.01M	$671.59M
Total current assets	$1.46B	$1.57B	$1.52B	$1.71B	$1.89B	$2.53B	$2.65B	$2.78B	$2.89B	$2.69B	$2.47B	$2.77B
Goodwill	$2.30B	$2.61B	$2.63B	$2.67B	$2.36B	$2.37B	$2.37B	$2.37B	$2.55B	$2.53B	$2.54B	$2.54B
Total assets	$5.53B	$5.66B	$5.61B	$5.79B	$5.93B	$5.85B	$5.94B	$6.05B	$6.41B	$6.21B	$5.99B	$6.27B
Total current liabilities	$1.25B	$1.24B	$1.15B	$1.26B	$1.43B	$1.46B	$1.51B	$1.55B	$1.85B	$1.55B	$1.56B	$1.71B
Short-term debt	$32.27M	$48.67M	$48.67M	$48.85M	$48.73M	$48.73M	$50.84M	$51.87M	$52.34M	$52.96M	$41.45M	$35.28M
Long-term debt	$3.33B	$2.52B	$2.56B	$2.61B	$2.56B	$2.49B	$2.48B	$2.47B	$2.46B	$2.44B	$2.15B	$2.15B
Total debt	$3.36B	$2.56B	$2.61B	$2.66B	$2.61B	$2.54B	$2.53B	$2.52B	$2.51B	$2.50B	$2.19B	$2.18B
Total liabilities	$4.92B	$4.08B	$4.00B	$4.17B	$4.27B	$4.16B	$4.20B	$4.23B	$4.53B	$4.22B	$3.93B	$4.08B
Shareholders' equity	$584.74M	$1.57B	$1.60B	$1.61B	$1.65B	$1.69B	$1.74B	$1.82B	$1.88B	$1.98B	$2.05B	$2.18B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$162.40M	-$78.86M	-$15.22M	$27.25M	$90.61M	$101.60M	$49.08M	$107.94M	$231.56M	$122.94M	$43.92M	$204.32M
Capital expenditures	$16.83M	$21.82M	$23.74M	$20.04M	$15.31M	$17.63M	$24.43M	$15.76M	$37.66M	$21.54M	$29.03M	$22.09M
Free cash flow	$145.57M	-$100.67M	-$38.97M	$7.20M	$75.30M	$83.97M	$24.65M	$92.17M	$193.89M	$101.40M	$14.88M	$182.23M
Investing cash flow	-$17.02M	-$30.94M	-$57.69M	-$35.83M	-$15.78M	-$24.19M	-$23.24M	-$23.76M	-$233.88M	$747.39M	-$28.20M	-$23.19M
Financing cash flow	-$143.95M	$154.76M	$39.91M	$19.53M	-$49.55M	-$86.02M	-$8.24M	-$13.11M	-$50.50M	-$70.02M	-$354.13M	-$13.67M
Share buybacks	$325.00K	$325.00K	$325.00K	$0	$0	—	—	—	—	$60.00M	$60.00M	$0
Stock-based compensation	$1.82M	$24.85M	$15.14M	$15.21M	$13.98M	$15.68M	$22.80M	$17.25M	$14.37M	$3.68M	$19.49M	$17.87M
Depreciation & amortization	$51.01M	$48.92M	$50.07M	$50.61M	$54.88M	$42.16M	$41.84M	$40.75M	$39.52M	$39.09M	$41.42M	$38.37M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.