Filing Flows › Addus HomeCare (ADUS) › Q1 2026
Addus HomeCare (ADUS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Addus HomeCare (ADUS) reported revenue of $364M for the first quarter 2026 (Q1 2026), +8% from a year earlier and -3% from the quarter before. Operating margin was 9.4%, net earnings $25.1M (6.9% of revenue).
Addus HomeCare, Q1 2026: revenue $364M (+8% year over year), operating margin 9.4%, net earnings $25.1M, operating cash flow $52.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $364M | -3% | +8% |
| Gross profit | $116M | -6% | +8% |
| Operating profit | $34.1M | -19% | +12% |
| Net earnings | $25.1M | -16% | +18% |
| Operating cash flow | $52.4M | +179% | +176% |
| Free cash flow | $50.7M | +215% | +197% |
What changed
Revenue was $363.6M in Q1 2026, up 8% year over year and down 3% from the previous quarter.
Gross margin was 31.9%, unchanged from Q1 2025. Operating profit was $34.1M, a 9.4% margin (up 0.3 points year over year). Of the extra revenue versus Q1 2025, 14% reached operating profit, above the 9% margin then. Operating expenses grew 6% against revenue growth of 8%. Net earnings were $25.1M, up 18% year over year. The effective tax rate was 22.7%.
Operating cash flow was $52.4M (up 176% year over year), 209% of net earnings. Non-cash charges added back $4.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items added $18.3M. Capital expenditures of $1.7M left free cash flow of $50.7M.
Questions
What was Addus HomeCare's revenue in the first quarter 2026?
Addus HomeCare (ADUS) reported revenue of $364M for the first quarter 2026 (Q1 2026), +8% from a year earlier and -3% from the quarter before.
Was Addus HomeCare profitable in the first quarter 2026?
Operating profit was $34.1M (9.4% of revenue) and net earnings $25.1M.
Source: Addus HomeCare 10-Q on SEC EDGAR.