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Acadia Healthcare Company (ACHC) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 4, 2026 · Acadia Healthcare Company (ACHC) Q3 2026 earnings results →

Q3 2026 Revenue up 5% year over year to $895M · 4¢ of every $1 of revenue kept as net profit · operating margin 6.3%

Acadia Healthcare Company made $895M in Q3 2026 (+5% Y/Y). Operating margin 6.3%, net earnings $34.5M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.

Revenue$895M
Year over year+5%
Operating margin6.3%
Net earnings$34.5M
Operating cash flow$97.9M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $895.3M in Q3 2026, up 5% year over year and up 3% from the previous quarter.

Operating profit was $56.5M, a 6.3% margin (up 1.6 points year over year). Of the extra revenue versus Q3 2025, 38% reached operating profit, above the 5% margin then. Total costs grew 3% against revenue growth of 5%. Net earnings were $34.5M, down 5% year over year. The effective tax rate was 31.6%.

Operating cash flow was $97.9M (up 34% year over year), 253% of net income including minority interests. Non-cash charges added back $53.1M of depreciation and amortization and $9.2M of share-based compensation. Capital expenditures of $50.7M left free cash flow of $47.1M.

Quarterly history

Acadia Healthcare Company revenue by quarterAcadia Healthcare Company revenue by quarter$771MQ1 2025$869MQ2 2025$852MQ3 2025$821MQ4 2025$829MQ1 2026$866MQ2 2026$895MQ3 2026
Acadia Healthcare Company net earnings by quarterAcadia Healthcare Company net earnings by quarter$8.4MQ1 2025$30.1MQ2 2025$36.2MQ3 2025−$1.2BQ4 2025$4.5MQ1 2026$10.9MQ2 2026$34.5MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 4, 2026$895M+5%6.3%$34.5M$97.9M
Q2 202610-QJul 28, 2026$866M-0.4%2.5%$10.9M$162M
Q1 202610-QApr 30, 2026$829M+8%1.3%$4.5M$61.5M
Q4 202510-KFeb 27, 2026$821M+6%-142.4%−$1.2B−$86.3M
Q3 202510-QNov 5, 2025$852M+4%4.7%$36.2M$73.2M
Q2 202510-QAug 5, 2025$869M+9%5.8%$30.1M$134M
Q1 202510-QMay 12, 2025$771M+0.3%1.7%$8.4M$11.5M

Charts

Acadia Healthcare Company: revenue growth, year over year and quarter over quarterAcadia Healthcare Company: revenue growth, year over year and quarter over quarterY/YQ/Q+0%Q1 2025+9%+13%Q2 2025+4%-2%Q3 2025+6%-4%Q4 2025+8%+1%Q1 20260%+4%Q2 2026+5%+3%Q3 2026
Latest (Q3 2026): Y/Y +5%, Q/Q +3%.
Acadia Healthcare Company: where the cash came from (+) and went (−), TTM to Q3 2026Acadia Healthcare Company: where the cash came from (+) and went (−), TTM to Q3 2026Other financing$281MCapital spending−$259MNet borrowing (+) / repaid (−)−$239MOperating cash flow$235MCash drawn (+) / kept (−)−$44.6MAsset & business sales$34.6MPartners−$4.2MOther investing−$3.4M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Acadia Healthcare Company: profit against cash, quarter by quarterAcadia Healthcare Company: profit against cash, quarter by quarterNet incomeOperating cash flow$33.5M$117MQ4 2024$9.1M$11.5MQ1 2025$37.9M$134MQ2 2025$38.3M$73.2MQ3 2025−$1.2B−$86.3MQ4 2025$4.5M$61.5MQ1 2026$12.3M$162MQ2 2026$38.6M$97.9MQ3 2026
Latest (Q3 2026): Net income $38.6M, Operating cash flow $97.9M.
Acadia Healthcare Company: diluted shares by fiscal yearAcadia Healthcare Company: diluted shares by fiscal year89MFY202091MFY202192MFY202291MFY202392MFY202491MFY2025
+2.4% since FY2020: more shares outstanding (issuance, stock pay).
Acadia Healthcare Company: long-term debt falling due (FY2025)Acadia Healthcare Company: long-term debt falling due (FY2025)$28.4M2026$32.5M2027$495M2028$536M2029$875M2030$550MLater
Cash $133M, short-term investments —, long-term debt $2.5B at 2025-12-31.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Acadia Healthcare Company

Acadia is a leading provider of behavioral healthcare services across the United States (the “U.S.”). As of June 30, 2026, Acadia operated a network of 279 behavioral healthcare facilities with approximately 12,600 beds in 40 states and Puerto Rico. With approximately 25,000 employees serving more than 84,000 patients daily, Acadia is the largest stand-alone behavioral healthcare company in the U.S. Acadia provides behavioral healthcare services to its patients in a variety of settings, including inpatient psychiatric hospitals, specialty treatment facilities, RTCs and outpatient clinics.

In its own words, from its 8-K, filed Jul 28, 2026.

Acadia Healthcare Company against its Services-Specialty Outpatient Facilities, NEC peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +5% against the peers' median +5%. Operating margin: 6.3% against the peers' median 6.3%.

CompanyQuarterRevenueY/YOp. margin
ACHC Acadia Healthcare CompanyQ3 2026$895M+5%6.3%
CON Concentra Group Holdings ParentQ3 2026$622M+9%18.5%
EHSI Elite Health SystemsQ2 2026$1.3M—-117.6%
BICX BioCorRxQ2 2026$88K-51%n/m

Source: Acadia Healthcare Company 10-Q on SEC EDGAR · CIK 1520697 · Services-Specialty Outpatient Facilities, NEC

Guidance and outlook

Acadia Healthcare Company Revenue: guidance against what was reportedAcadia Healthcare Company Revenue: guidance against what was reportedguided rangereported (above / within / below)FY2026Q2 2026$866M
Met or beat 1 of 1 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.
Acadia Healthcare Company: what its forward-looking statements are about (10-Q filed 2026-11-04)Acadia Healthcare Company: what its forward-looking statements are about (10-Q filed 2026-11-04)Legal & regulation2People1Demand1Other1Supply chain1The economy1
7 statements; tone +0.00 (−1 all cautious, +1 all confident); 3 hedged.
Acadia Healthcare Company: outlook statements against the filing beforeAcadia Healthcare Company: outlook statements against the filing beforeNew1Updated1Dropped1Confident2Cautious2

13F: who owns ACHC and who is buying

Largest holders of ACHC (13F)Largest holders of ACHC (13F)BlackRock$442MWellington Management Group LLP$169MVanguard Portfolio Management LLC$159MFMR LLC$148MCarronade Capital Management, LP$141MMorgan Stanley$134MDeerfield Management Company, L.P…$133MVanguard Group$133MDME Capital Management, LP$130MAbrams Bison Investments, LLC$123M
Funds' net buying of ACHC by quarter (13F)Funds' net buying of ACHC by quarter (13F)−$78.2M2024-09$217M2024-12$203K2025-03$143M2025-06$214M2025-09$108M2025-12$176M2026-03−$42.5M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on ACHC

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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