Filing Flows › AdaptHealth (AHCO) › How it makes money
How AdaptHealth (AHCO) makes money
AdaptHealth (AHCO) made $746M of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Sleep Health brought in $394M (53%); Respiratory Health brought in $191M (26%); Wellness at Home brought in $161M (22%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Sleep Health | $394M | 52.8% | +2% | +11% |
| Respiratory Health | $191M | 25.6% | -2% | +8% |
| Wellness at Home | $161M | 21.6% | +1% | +15% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $746M | 100.0% |
| Operating cash flow | $157M | 21.0% |
| Free cash flow | $51.1M | 6.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $746M | +11% |
| Q2 2026 | $740M | +13% |
| Q1 2026 | $820M | +5% |
| Q4 2025 | $846M | -1% |
| Q3 2025 | $820M | +2% |
| Q2 2025 | $800M | -0.7% |
| Q1 2025 | $778M | -2% |
From AdaptHealth's 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does AdaptHealth make money?
AdaptHealth (AHCO) made $746M of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Sleep Health brought in $394M (53%); Respiratory Health brought in $191M (26%); Wellness at Home brought in $161M (22%).
What is AdaptHealth's biggest business?
Sleep Health: $394M in the third quarter 2026, 53% of revenue, +11% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.