Financials in USD. Standardized financial statements.
A compact view of how AdaptHealth Corp. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $3.24B | $3.26B | $3.20B | $2.97B | $2.45B | $1.06B | $529.64M | $345.28M | $192.56M | $174.32M |
| Revenue Growth? | -0.5% | +1.9% | +7.7% | +21.0% | +132.4% | +99.5% | +53.4% | +79.3% | +10.5% | 0.0% |
| Cost of Revenue? | $2.68B | $2.58B | $2.52B | $2.55B | $2.01B | $898.60M | $440.70M | $285.20M | $162.90M | $158.69M |
| Gross Profit? | $568.56M | $681.09M | $681.77M | $417.43M | $445.61M | $157.79M | $88.94M | $60.08M | $29.66M | $15.63M |
| Gross Margin? | +17.5% | +20.9% | +21.3% | +14.1% | +18.2% | +14.9% | +16.8% | +17.4% | +15.4% | +9.0% |
| Operating Expenses? | $382.29M | $417.36M | $1.28B | $227.01M | $220.00M | $86.44M | $59.56M | $1.23M | $693 | $13.30M |
| Operating Income? | $186.27M | $263.73M | -$598.40M | $190.41M | $225.60M | $71.35M | $29.38M | -$1.23M | -$690 | $2.32M |
| EBITDA? | $503.64M | $628.02M | -$171.09M | $630.76M | $544.21M | -$82.17M | $80.01M | $80.85M | $43.90M | $28.89M |
| Income Before Tax | -$15.15M | $136.02M | -$723.78M | $97.90M | $190.96M | -$206.04M | -$21.86M | $2.92M | -$693 | -$3.44M |
| Income Tax Expense | $50.88M | $41.24M | -$49.00M | $24.77M | $32.81M | -$11.96M | $739,000 | $829,807 | $0 | -$208,445 |
| Net Income? | -$70.79M | $90.42M | -$678.89M | $69.32M | $156.18M | -$161.63M | -$21.34M | $2.09M | -$693 | -$3.79M |
| EPS? | $-0.52 | $0.62 | $-5.32 | $0.52 | $1.12 | $-1.23 | $0.17 | $0.07 | $-0.00 | $-0.12 |
| Diluted EPS? | $-0.52 | $0.61 | $-5.31 | $0.50 | $0.67 | $-1.23 | $0.17 | $0.07 | $-0.00 | $-0.12 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality