Filing Flows › Ardent Health (ARDT) › Q3 2025
Ardent Health (ARDT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Ardent Health (ARDT) reported revenue of $1.6B for the third quarter 2025 (Q3 2025), +9% from a year earlier and -4% from the quarter before. Operating margin was -0.1%, net earnings $1.2M (0.1% of revenue).
Ardent Health, Q3 2025: revenue $1.6B (+9% year over year), operating margin -0.1%, net earnings $1.2M, operating cash flow $154M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | -4% | +9% |
| Operating profit | −$2.2M | -102% | — |
| Net earnings | $1.2M | -98% | — |
| Operating cash flow | $154M | +31% | +72% |
What changed
Revenue was $1.6B in Q3 2025, up 9% year over year and down 4% from the previous quarter.
Operating costs exceeded revenue by $2.2M, an operating margin of -0.1%. Total costs grew 13% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were −$0.02B.
Operating cash flow was $0.15B (up 72% year over year), 12790% of net income including minority interests. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items added $0.11B.
Questions
What was Ardent Health's revenue in the third quarter 2025?
Ardent Health (ARDT) reported revenue of $1.6B for the third quarter 2025 (Q3 2025), +9% from a year earlier and -4% from the quarter before.
Was Ardent Health profitable in the third quarter 2025?
Operating loss was $2.2M (-0.1% of revenue) and net earnings $1.2M.
Source: Ardent Health 10-Q on SEC EDGAR.