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Ardent Health (ARDT) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 6, 2025

Ardent Health (ARDT) reported revenue of $1.6B for the second quarter 2025 (Q2 2025), +12% from a year earlier and +10% from the quarter before. Operating margin was 7.4%, net earnings $73.0M (4.4% of revenue).

Revenue$1.6B
Year over year+12%
Quarter over quarter+10%
Operating margin7.4%
Net earnings$73.0M

Ardent Health, Q2 2025: revenue $1.6B (+12% year over year), operating margin 7.4%, net earnings $73.0M, operating cash flow $117M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$1.6B+10%+12%
Operating profit$122M+64%+48%
Net earnings$73.0M+76%+71%
Operating cash flow$117M—-2%

What changed

Revenue was $1.6B in Q2 2025, up 12% year over year and up 10% from the previous quarter.

Operating profit was $0.12B, a 7.4% margin (up 1.8 points year over year). Of the extra revenue versus a year earlier, 23% reached operating profit, above the 6% margin then. Total costs grew 10% against revenue growth of 12%. The fastest-growing cost line was General & admin (+12%). Net earnings were $0.07B, up 71% year over year. The effective tax rate was 21.6%.

Operating cash flow was $0.12B (down 2% year over year), 123% of net income including minority interests. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items used $0.02B.

Questions

What was Ardent Health's revenue in the second quarter 2025?

Ardent Health (ARDT) reported revenue of $1.6B for the second quarter 2025 (Q2 2025), +12% from a year earlier and +10% from the quarter before.

Was Ardent Health profitable in the second quarter 2025?

Operating profit was $122M (7.4% of revenue) and net earnings $73.0M.

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Source: Ardent Health 10-Q on SEC EDGAR.