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Acadia Healthcare Company (ACHC) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 28, 2026

Acadia Healthcare Company (ACHC) reported revenue of $866M for the second quarter 2026 (Q2 2026), -0.4% from a year earlier and +4% from the quarter before. Operating margin was 2.5%, net earnings $10.9M (1.3% of revenue).

Revenue$866M
Year over year-0.4%
Quarter over quarter+4%
Operating margin2.5%
Net earnings$10.9M

Acadia Healthcare Company, Q2 2026: revenue $866M (-0.4% year over year), operating margin 2.5%, net earnings $10.9M, operating cash flow $162M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$866M+4%-0.4%
Operating profit$22.0M+101%-56%
Net earnings$10.9M+166%-64%
Operating cash flow$162M+163%+21%
Free cash flow$124M——

What changed

Revenue was $865.8M in Q2 2026, roughly flat year over year and up 4% from the previous quarter.

Operating profit was $22.0M, a 2.5% margin (down 3.2 points year over year). Total costs grew 3% against flat revenue. Net earnings were $10.9M, down 64% year over year. The effective tax rate was 44.3%.

Operating cash flow was $162.1M (up 21% year over year), 1322% of net income including minority interests. Non-cash charges added back $50.4M of depreciation and amortization and $11.0M of share-based compensation. Working capital and other items added $88.4M. Capital expenditures of $38.6M left free cash flow of $123.5M.

Questions

What was Acadia Healthcare Company's revenue in the second quarter 2026?

Acadia Healthcare Company (ACHC) reported revenue of $866M for the second quarter 2026 (Q2 2026), -0.4% from a year earlier and +4% from the quarter before.

Was Acadia Healthcare Company profitable in the second quarter 2026?

Operating profit was $22.0M (2.5% of revenue) and net earnings $10.9M.

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Source: Acadia Healthcare Company 10-Q on SEC EDGAR.