Filing Flows › Astrana Health (ASTH) › Q3 2026 › vs Q2 2026
Astrana Health (ASTH) Q3 2026 vs Q2 2026 (quarter over quarter)
Astrana Health's revenue rose $51.1M (+5%) from $973M in Q2 2026 to $1.0B in Q3 2026. The biggest changes: Health Care Capitation Revenue +$30.9M (+3%); Health Care Patient Service +$12.1M (+53%); Product and Service Other +$4.7M (+54%). Operating margin 3.9% against 3.5% (+0.4 pts).
Astrana Health, Q3 2026: revenue $1.0B (+7% year over year), operating margin 3.9%, net earnings $13.0M, operating cash flow $16.3M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 3.9% | 3.5% | +0.4 pts |
| Net margin | 1.3% | 2.0% | -0.8 pts |
| Free cash flow margin | 1.2% | 3.0% | -1.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Health Care Capitation Revenue | $937M | $906M | $30.9M | +3% |
| Health Care Patient Service | $35.1M | $23.0M | $12.1M | +53% |
| Health Care Other | $24.3M | $21.8M | $2.5M | +11% |
| Management Service | $14.1M | $13.2M | $894K | +7% |
| Product and Service Other | $13.4M | $8.7M | $4.7M | +54% |
| Revenue | $1.0B | $973M | $51.1M | +5% |
| Operating profit | $39.9M | $34.3M | $5.6M | +16% |
| Costs & expenses | $984M | $938M | $45.5M | +5% |
| Pre-tax earnings | $32.2M | $27.2M | $5.0M | +18% |
| Other expense, net | $7.7M | $7.1M | $545K | +8% |
| Cost of revenue | $900M | $868M | $31.6M | +4% |
| General & admin | $68.0M | $54.1M | $13.9M | +26% |
| Other operating costs | $15.6M | $15.6M | $72K | +0.5% |
| Net earnings | $13.0M | $19.7M | −$6.8M | -34% |
| Minority interests | $7.3M | −$1.3M | $8.6M | — |
| Income tax | $12.0M | $8.8M | $3.2M | +36% |
| Operating cash sources | $44.1M | $47.1M | −$2.9M | -6% |
| Depreciation & amortization | $15.6M | $15.5M | $74K | +0.5% |
| Share-based compensation | $15.6M | $11.8M | $3.8M | +32% |
| Working capital & other | $27.9M | $14.3M | $13.5M | +94% |
| Operating cash flow | $16.3M | $32.7M | −$16.5M | -50% |
| Free cash flow (OCF − capex) | $12.4M | $28.9M | −$16.4M | -57% |
| Capital expenditures | $3.8M | $3.9M | −$45K | -1% |
Questions
How much did Astrana Health's revenue grow quarter over quarter in Q3 2026?
Astrana Health's revenue rose $51.1M (+5%) from $973M in Q2 2026 to $1.0B in Q3 2026.
What drove Astrana Health's revenue change in Q3 2026?
Health Care Capitation Revenue +$30.9M (+3%); Health Care Patient Service +$12.1M (+53%); Product and Service Other +$4.7M (+54%).