AI brief of an SEC Form 8-K · U.S. Physical Therapy (USPH)

U.S. Physical Therapy Q3 revenue up 13% to $223 million; GAAP loss per share $1.04

Mixed Impact 3 of 5 earnings

U.S. Physical Therapy furnished a transcript of its November 5, 2026 third-quarter earnings call, in which it reported revenue up 13% to $223 million and adjusted earnings per share of $0.80, up $0.14 from a year earlier. It reaffirmed full-year EBITDA guidance of $102 million to $106 million, but reported a GAAP loss per share of $1.04 versus earnings of $0.48 a year earlier, which the company attributed to changes in the value of partner ownership stakes in subsidiaries.

Key points

  • Q3 2026 total revenue was $223 million, up 13%; comparable revenue rose 7%.
  • Q3 2026 EBITDA was $28 million, up $4 million; adjusted EPS was $0.80, up $0.14.
  • GAAP net income attributable to shareholders was $11 million, versus $13 million a year earlier, and GAAP loss per share was $1.04.
  • Full-year 2026 EBITDA guidance of $102 million to $106 million was reaffirmed; credit facility borrowings were $247 million versus $162 million at year-end 2025.

The filing

CompanyU.S. Physical Therapy (USPH)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:23 PM ET
Accession number0000885978-26-000078

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 4:46 PM ET, from this filing only.

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.