Filing Flows › AMN Healthcare Services (AMN) › Q2 2026 › vs Q2 2025
AMN Healthcare Services (AMN) Q2 2026 vs Q2 2025 (year over year)
AMN Healthcare Services's revenue rose $15.1M (+2%) from $658M in Q2 2025 to $673M in Q2 2026. The biggest changes: Labor disruption services +$9.5M (+60%); International nurse +$7.5M (+23%); Temporary staffing −$6.0M (-1%). Gross margin 30.6% against 29.8% (+0.7 pts).
AMN Healthcare Services, Q2 2026: revenue $673M (+2% year over year), operating margin 4.0%, net earnings $21.2M, operating cash flow −$190M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 30.6% | 29.8% | +0.7 pts |
| Operating margin | 4.0% | -18.8% | +22.8 pts |
| Net margin | 3.1% | -17.7% | +20.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Travel nurse staffing | $228M | $208M | $20.0M | +10% |
| Locum tenens staffing | $131M | $143M | −$11.8M | -8% |
| Technology-enabled services | $84.8M | $99.0M | −$14.3M | -14% |
| Language services | $69.6M | $75.7M | −$6.1M | -8% |
| International nurse staffing | $36.4M | $29.6M | $6.8M | +23% |
| Interim leadership staffing | $22.1M | $22.7M | −$629K | -3% |
| Temporary staffing | $572M | $578M | −$6.0M | -1% |
| International nurse | $39.9M | $32.4M | $7.5M | +23% |
| Labor disruption services | $25.3M | $15.8M | $9.5M | +60% |
| Vendor management systems | $15.2M | $19.0M | −$3.9M | -20% |
| Permanent placement | $15.1M | $12.0M | $3.1M | +26% |
| Local staffing | $8.1M | $9.7M | −$1.6M | -17% |
| Revenue | $673M | $658M | $15.1M | +2% |
| Gross profit | $206M | $196M | $9.5M | +5% |
| Cost of revenue | $467M | $462M | $5.6M | +1% |
| Operating profit | $26.9M | −$124M | $151M | — |
| Operating expenses | $179M | $320M | −$141M | -44% |
| Pre-tax earnings | $19.9M | −$135M | $155M | — |
| Other expense, net | $7.0M | $11.4M | −$4.4M | -38% |
| SG&A | $147M | $155M | −$7.2M | -5% |
| Other operating costs | $31.6M | $166M | −$134M | -81% |
| Income tax benefit | $1.3M | $18.9M | −$17.6M | -93% |
| Net earnings | $21.2M | −$116M | $137M | — |
| Operating cash sources | $255M | −$146M | $401M | — |
| Depreciation & amortization | $34.1M | $39.9M | −$5.8M | -15% |
| Share-based compensation | $9.8M | $8.8M | $1.0M | +11% |
| Cash used in operations | $190M | −$78.5M | $268M | — |
| Working capital & other | $255M | −$146M | $401M | — |
Questions
How much did AMN Healthcare Services's revenue grow year over year in Q2 2026?
AMN Healthcare Services's revenue rose $15.1M (+2%) from $658M in Q2 2025 to $673M in Q2 2026.
What drove AMN Healthcare Services's revenue change in Q2 2026?
Labor disruption services +$9.5M (+60%); International nurse +$7.5M (+23%); Temporary staffing −$6.0M (-1%).