Filing Flows › Addus HomeCare (ADUS) › Q4 2025
Addus HomeCare (ADUS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 24, 2026
Addus HomeCare (ADUS) reported revenue of $373M for the fourth quarter 2025 (Q4 2025), +26% from a year earlier and +3% from the quarter before. Operating margin was 11.3%, net earnings $29.8M (8.0% of revenue).
Addus HomeCare, Q4 2025: revenue $373M (+26% year over year), operating margin 11.3%, net earnings $29.8M, operating cash flow $18.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $373M | +3% | +26% |
| Gross profit | $124M | +6% | +22% |
| Operating profit | $42.3M | +28% | +57% |
| Net earnings | $29.8M | +30% | +53% |
| Operating cash flow | $18.8M | -63% | +80% |
| Free cash flow | $16.1M | -67% | +85% |
What changed
Revenue was $373.1M in Q4 2025, up 26% year over year and up 3% from the previous quarter.
Gross margin was 33.1%, down 1.0 points from a year earlier. Operating profit was $42.3M, a 11.3% margin (up 2.3 points year over year). Of the extra revenue versus a year earlier, 20% reached operating profit, above the 9% margin then. Operating expenses grew 9% against revenue growth of 26%. The fastest-growing cost line was Other operating costs (+29%). Net earnings were $29.8M, up 53% year over year. The effective tax rate was 25.8%.
Operating cash flow was $18.8M (up 80% year over year), 63% of net earnings. Non-cash charges added back $4.1M of depreciation and amortization and $4.5M of share-based compensation. Working capital and other items used $19.7M. Capital expenditures of $2.7M left free cash flow of $16.1M.
Questions
What was Addus HomeCare's revenue in the fourth quarter 2025?
Addus HomeCare (ADUS) reported revenue of $373M for the fourth quarter 2025 (Q4 2025), +26% from a year earlier and +3% from the quarter before.
Was Addus HomeCare profitable in the fourth quarter 2025?
Operating profit was $42.3M (11.3% of revenue) and net earnings $29.8M.
Source: Addus HomeCare 10-K on SEC EDGAR.