Ardent Health (ARDT)
Runs acute-care hospitals and local outpatient sites across mid-sized US markets.
$10.95
After hours+0.01 (+0.09%)
At close$10.94(+3.11%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,378 | 1,346 | 1,439 | 1,471 | 1,450 | 1,606 | 1,497 | 1,645 | 1,577 | 1,605 | 1,602 | 1,622 |
| Cost of revenue | 596 | 598 | 258 | 259 | 252 | 654 | 259 | 271 | 677 | 929 | 1,356 | 1,525 |
| Gross profit | 782 | 748 | 1,181 | 1,212 | 1,198 | 952 | 1,238 | 1,375 | 900 | 676 | 246 | 97 |
| 557 | 576 | 1,105 | 1,369 | 1,128 | 616 | 1,171 | 1,237 | 645 | 571 | 165 | 54 | |
| 557 | 576 | 948 | 958 | 973 | 616 | 1,004 | 1,034 | 645 | 376 | 0 | 0 | |
| Selling & marketing | 310 | 311 | 0 | 0 | 0 | 329 | 0 | 0 | 340 | 0 | 0 | 0 |
| General & administrative | 247 | 265 | 948 | 958 | 973 | 286 | 1,004 | 1,034 | 305 | 376 | 0 | 0 |
| Other expenses | 0 | 0 | 157 | 411 | 154 | 0 | 167 | 203 | 0 | 195 | 165 | 54 |
| Operating income | 225 | 172 | 76 | −157 | 70 | 337 | 67 | 137 | 254 | 105 | 81 | 43 |
| −179 | −163 | −19 | 240 | −13 | −170 | 7 | −15 | −257 | −12 | −6 | 0 | |
| Interest expense | 19 | 10 | 17 | 18 | 15 | 14 | 14 | 15 | 14 | 12 | 11 | 13 |
| Other non-operating income | 160 | 146 | 2 | −258 | −1 | 179 | −21 | 1 | 238 | 0 | −4 | 13 |
| Income before tax | 46 | 9 | 57 | 82 | 57 | 167 | 74 | 122 | −2 | 92 | 75 | 43 |
| Income tax expense | 7 | −2 | 11 | 15 | 11 | 26 | 15 | 26 | −3 | 18 | 16 | 9 |
| Net income from continuing operations | 39 | 11 | 46 | 67 | 46 | 141 | 59 | 96 | 1 | 74 | 58 | 35 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 21 | −4 | 27 | 43 | 26 | 114 | 41 | 73 | −23 | 45 | 40 | 17 |
| EPS, basic | $0.15 | −$0.05 | $0.19 | $0.30 | $0.19 | $0.86 | $0.30 | $0.52 | −$0.17 | $0.32 | $0.28 | $0.12 |
| EPS, diluted | $0.15 | −$0.05 | $0.19 | $0.30 | $0.19 | $0.86 | $0.29 | $0.52 | −$0.17 | $0.32 | $0.28 | $0.12 |
| Weighted average shares, basic | 141 | 142 | 143 | 143 | 137 | 133 | 140 | 140 | 141 | 141 | 141 | 142 |
| Weighted average shares, diluted | 141 | 142 | 143 | 143 | 138 | 133 | 141 | 141 | 141 | 141 | 142 | 143 |
| EBITDA | 100 | 62 | 109 | 137 | 108 | 195 | 125 | 176 | 56 | 146 | 128 | 72 |
| Depreciation & amortization | 35 | 36 | 35 | 36 | 37 | 38 | 36 | 39 | 39 | 41 | 43 | 41 |
| EBIT | 65 | 26 | 74 | 100 | 72 | 158 | 88 | 137 | 16 | 105 | 85 | 31 |