Filing Flows › Acadia Healthcare Company (ACHC) › Q4 2025
Acadia Healthcare Company (ACHC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
Acadia Healthcare Company (ACHC) reported revenue of $821M for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and -4% from the quarter before. Operating margin was -142.4%, net loss $1.2B (143.3% of revenue).
Acadia Healthcare Company, Q4 2025: revenue $821M (+6% year over year), operating margin -142.4%, net loss $1.2B, operating cash flow −$86.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $821M | -4% | +6% |
| Operating profit | −$1.2B | -3025% | — |
| Net earnings | −$1.2B | -3348% | — |
| Operating cash flow | −$86.3M | -218% | — |
What changed
Revenue was $821.5M in Q4 2025, up 6% year over year and down 4% from the previous quarter.
Operating costs exceeded revenue by $1,169.4M, an operating margin of -142.4%. Total costs grew 170% against revenue growth of 6%. The quarter ended with a net loss of $1,177.2M, after a profit of $38.3M the previous quarter.
Operating cash flow was −$86.3M. Non-cash charges added back $45.8M of depreciation and amortization and $6.5M of share-based compensation. Working capital and other items added $1,038.7M. Capital expenditures of $93.2M exceeded it, leaving free cash flow of −$179.5M.
Questions
What was Acadia Healthcare Company's revenue in the fourth quarter 2025?
Acadia Healthcare Company (ACHC) reported revenue of $821M for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and -4% from the quarter before.
Was Acadia Healthcare Company profitable in the fourth quarter 2025?
Operating loss was $1.2B (-142.4% of revenue) and net loss $1.2B.