HCSG Q1 revenue rises 5.7% to $447.7 million; net income $17.2 million
Healthcare Services Group reported first-quarter 2025 revenue of $447.7 million, up 5.7% from the prior year, with net income of $17.2 million, or $0.23 per diluted share, versus $15.3 million, or $0.21, a year earlier. The company raised its 2025 cash flow from operations forecast (excluding the change in payroll accrual) to $60.0 million to $75.0 million from $45.0 million to $60.0 million, while reiterating mid-single digit revenue growth expectations.
Key points
- Revenue of $447.7 million, up from $423.4 million in the first quarter of 2024
- Net income of $17.2 million and diluted EPS of $0.23, compared with $15.3 million and $0.21 a year earlier
- Cash flow from operations excluding payroll accrual change of $32.1 million, versus a negative $9.2 million a year earlier
- 2025 cash flow from operations forecast raised to $60.0 million to $75.0 million; company repurchased about $7.0 million of stock in the quarter
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits 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 April 23, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.