Filing Flows › Acadia Healthcare Company (ACHC) › Q3 2025
Acadia Healthcare Company (ACHC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Acadia Healthcare Company (ACHC) reported revenue of $852M for the third quarter 2025 (Q3 2025), +4% from a year earlier and -2% from the quarter before. Operating margin was 4.7%, net earnings $36.2M (4.3% of revenue).
Acadia Healthcare Company, Q3 2025: revenue $852M (+4% year over year), operating margin 4.7%, net earnings $36.2M, operating cash flow $73.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $852M | -2% | +4% |
| Operating profit | $40.0M | -20% | -59% |
| Net earnings | $36.2M | +20% | -47% |
| Operating cash flow | $73.2M | -45% | -55% |
What changed
Revenue was $851.6M in Q3 2025, up 4% year over year and down 2% from the previous quarter.
Operating profit was $40.0M, a 4.7% margin (down 7.4 points year over year). Operating profit fell $58.6M even though revenue rose $35.9M versus a year earlier, so costs grew faster than sales. Total costs grew 13% against revenue growth of 4%. Net earnings were $36.2M, down 47% year over year. The effective tax rate was 4.2%.
Operating cash flow was $73.2M (down 55% year over year), 191% of net income including minority interests. Non-cash charges added back $47.5M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $18.6M. Capital expenditures of $136.2M exceeded it, leaving free cash flow of −$63.0M.
Questions
What was Acadia Healthcare Company's revenue in the third quarter 2025?
Acadia Healthcare Company (ACHC) reported revenue of $852M for the third quarter 2025 (Q3 2025), +4% from a year earlier and -2% from the quarter before.
Was Acadia Healthcare Company profitable in the third quarter 2025?
Operating profit was $40.0M (4.7% of revenue) and net earnings $36.2M.