Community Health Systems swings to Q3 net loss of $86 million; revenue down 10.7%
Community Health Systems reported a third-quarter 2026 net loss attributable to stockholders of $86 million, or $(0.63) per share, compared with net income of $130 million, or $0.96 per share, a year earlier. Net operating revenues fell 10.7% to $2.757 billion, which the company attributed in part to divestitures, and the company issued updated 2026 annual earnings guidance. CEO Kevin Hammons said payor mix and acuity did not develop as expected and negatively affected third-quarter results and expectations for the rest of the year, so shareholders face weaker near-term profitability. The guidance figures are not in the text provided.
Key points
- Q3 net operating revenues $2.757 billion, down 10.7% from $3.087 billion; same-store net operating revenues up 3.8%
- Q3 net loss attributable to stockholders $(86) million, or $(0.63) per share, versus net income of $130 million, or $0.96 per share, in Q3 2025
- Adjusted EBITDA $280 million versus $376 million a year earlier; net cash from operations $155 million versus $70 million
- Updated 2026 annual earnings guidance is in the press release on pages 16 and 17; the figures are not included in the text provided
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.