Revenue: As of FY2026 Q2, the actual value is USD 377.42 M, beating the estimate of USD 376.22 M.

EPS: As of FY2026 Q2, the actual value is USD 1.49, missing the estimate of USD 1.5172.

EBIT: As of FY2026 Q2, the actual value is USD 38.94 M.

Financial Highlights for Second Quarter 2026

Net Income

Net income for the second quarter of 2026 was $27.6 million, an increase from $22.1 million in the prior-year period.

Adjusted EBITDA

Adjusted EBITDA increased by 11.9% year-over-year to $49.2 million for the second quarter of 2026, up from $43.9 million in the second quarter of 2025.

Gross Profit and Margin

Gross profit for the second quarter of 2026 was $121.560 million, with a gross margin of 32.2%. This compares to a gross profit of $113.877 million and a gross margin of 32.6% in the second quarter of 2025.

Operating Income

Operating income for the second quarter of 2026 was $38.942 million, compared to $32.887 million in the second quarter of 2025.

Operating Expenses

Total operating expenses were $82.618 million for the second quarter of 2026, up from $80.990 million in the second quarter of 2025. General and administrative expenses were $78.493 million in Q2 2026, compared to $77.077 million in Q2 2025. Depreciation and amortization amounted to $4.125 million in Q2 2026, against $3.913 million in Q2 2025.

Interest Expense, Net

Net interest expense was $1.158 million in the second quarter of 2026, a decrease from $2.942 million in the second quarter of 2025.

Income Tax Expense

Income tax expense was $10.177 million for the second quarter of 2026, up from $7.893 million in the second quarter of 2025.

Cash Flow from Operations

Net cash provided by operating activities was $40.011 million for the second quarter of 2026, a significant increase from $22.529 million in the second quarter of 2025.

Investing Activities

Net cash used in investing activities was -$13.505 million for the second quarter of 2026, compared to $1.695 million provided by investing activities in the second quarter of 2025.

Financing Activities

Net cash used in financing activities was -$30.005 million for the second quarter of 2026, similar to -$30.002 million in the second quarter of 2025.

Cash and Liquidity (as of June 30, 2026)

Addus HomeCare Corporation held $99.566 million in cash and had bank debt of $64.3 million. The company maintained a revolving credit facility capacity of $650.0 million, with $577.8 million available.

Financial Highlights for Six Months Ended June 30, 2026

Net Income

Net income for the first six months of 2026 was $52.7 million, up from $43.3 million in the same period of 2025.

Adjusted EBITDA

Adjusted EBITDA increased by 10.9% to $93.7 million for the first six months of 2026, compared to $84.5 million for the first six months of 2025.

Cash Flow from Operations

Net cash provided by operating activities was $92.376 million for the first six months of 2026, significantly higher than $41.478 million for the same period in 2025.

Segment Performance (Second Quarter 2026)

Personal Care Segment

Net service revenues for Personal Care were $295.995 million, accounting for 78.4% of total revenues. The segment experienced 6.8% organic revenue growth. Average billable census totaled 51,097, with 11,145 thousand billable hours and revenues per billable hour of $26.55.

Hospice Segment

Net service revenues for Hospice were $64.247 million, representing 17.0% of total revenue. Organic revenue grew by 11.1%, attributed to year-over-year improvements in average daily census (3,964) and revenue per patient day ($190.66).

Home Health Segment

Net service revenues for Home Health were $17.175 million, making up 4.6% of total revenue. The segment saw a -2.8% organic revenue change, but reported more favorable admission (5,016 new admissions) and volume trends (7,801 total volume).

Outlook

Addus HomeCare Corporation is pleased with business trends through the first half of 2026 and plans to extend market reach and meet demand for home-based care services. The company intends to continue adding size and scale through organic growth and targeted acquisitions to increase density and geographic coverage. Its strong financial flexibility supports this growth strategy for the remainder of 2026.