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Ardent Health (ARDT) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 6, 2026

Ardent Health (ARDT) reported revenue of $1.6B for the first quarter 2026 (Q1 2026), +7% from a year earlier and -0.2% from the quarter before. Operating margin was 4.7%, net earnings $39.9M (2.5% of revenue).

Revenue$1.6B
Year over year+7%
Quarter over quarter-0.2%
Operating margin4.7%
Net earnings$39.9M

Ardent Health, Q1 2026: revenue $1.6B (+7% year over year), operating margin 4.7%, net earnings $39.9M, operating cash flow −$60.2M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.6B-0.2%+7%
Operating profit$74.6M-19%+0.5%
Net earnings$39.9M-11%-4%
Operating cash flow−$60.2M-127%—

What changed

Revenue was $1.6B in Q1 2026, up 7% year over year and roughly flat from the previous quarter.

Operating profit was $0.07B, a 4.7% margin (down 0.3 points year over year). Of the extra revenue versus Q1 2025, 0% reached operating profit, below the 5% margin then. Total costs grew 7% against revenue growth of 7%. The fastest-growing cost line was General & admin (+39%). Net earnings were $0.04B, down 4% year over year. The effective tax rate was 21.6%.

Operating cash flow was −$0.06B. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items used $0.16B.

Questions

What was Ardent Health's revenue in the first quarter 2026?

Ardent Health (ARDT) reported revenue of $1.6B for the first quarter 2026 (Q1 2026), +7% from a year earlier and -0.2% from the quarter before.

Was Ardent Health profitable in the first quarter 2026?

Operating profit was $74.6M (4.7% of revenue) and net earnings $39.9M.

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Source: Ardent Health 10-Q on SEC EDGAR.