Filing Flows

Filing Flows › Health Care › Aveanna Healthcare Holdings (AVAH)

Aveanna Healthcare Holdings (AVAH) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 13, 2026 · Aveanna Healthcare Holdings (AVAH) Q2 2026 earnings results →

Q2 2026 Revenue up 14% year over year to $670M · 6¢ of every $1 of revenue kept as net profit · operating margin 11.9%

Aveanna Healthcare Holdings made $670M in Q2 2026 (+14% Y/Y): Private Duty Services $554M, Home Health and Hospice $69.0M, Medical Solutions $47.5M. Operating margin 11.9%, net earnings $40.3M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.

Revenue$670M
Year over year+14%
Operating margin11.9%
Net earnings$40.3M
Operating cash flow$80.9M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $670.5M in Q2 2026, up 14% year over year and up 3% from the previous quarter. Private Duty Services was the largest line at 83% of revenue. Private Duty Services added $67.9M year over year (up 14%), 84% of the total change.

Gross margin was 32.6%, down 3.2 points from Q2 2025. Operating profit was $80.0M, a 11.9% margin (down 1.6 points year over year). Operating profit fell $54K even though revenue rose $80.9M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 6% against revenue growth of 14%. Net earnings were $40.3M, up 49% year over year. The effective tax rate was 28.7%.

Operating cash flow was $80.9M (up 57% year over year), 201% of net earnings. Non-cash charges added back $2.8M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $33.7M.

Quarterly history

Aveanna Healthcare Holdings revenue by quarterAveanna Healthcare Holdings revenue by quarter$520MQ4 2024$559MQ1 2025$590MQ2 2025$622MQ3 2025$662MQ4 2025$648MQ1 2026$670MQ2 2026
Aveanna Healthcare Holdings net earnings by quarterAveanna Healthcare Holdings net earnings by quarter$29.2MQ4 2024$5.2MQ1 2025$27.0MQ2 2025$14.1MQ3 2025$179MQ4 2025$41.7MQ1 2026$40.3MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 13, 2026$670M+14%11.9%$40.3M$80.9M
Q1 202610-QMay 14, 2026$648M+16%10.7%$41.7M$4.3M
Q4 202510-KMar 19, 2026$662M+27%10.7%$179M$49.7M
Q3 202510-QNov 6, 2025$622M+22%8.6%$14.1M$33.2M
Q2 202510-QAug 7, 2025$590M+17%13.6%$27.0M$51.6M
Q1 202510-QMay 8, 2025$559M+14%9.3%$5.2M−$8.6M
Q4 202410-KMar 13, 2025$520M+9%8.8%$29.2M$13.4M

Charts

Aveanna Healthcare Holdings: revenue growth, year over year and quarter over quarterAveanna Healthcare Holdings: revenue growth, year over year and quarter over quarterY/YQ/Q+9%Q4 2024+14%+8%Q1 2025+17%+5%Q2 2025+22%+5%Q3 2025+27%+7%Q4 2025+16%-2%Q1 2026+14%+3%Q2 2026
Latest (Q2 2026): Y/Y +14%, Q/Q +3%.
Aveanna Healthcare Holdings: where the cash came from (+) and went (−), TTM to Q2 2026Aveanna Healthcare Holdings: where the cash came from (+) and went (−), TTM to Q2 2026Acquisitions−$169MOperating cash flow$168MOther financing$21.1MOther investing−$14.4MNet borrowing (+) / repaid (−)−$9.8MCash drawn (+) / kept (−)$3.5MShares issued$817K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Aveanna Healthcare Holdings: profit against cash, quarter by quarterAveanna Healthcare Holdings: profit against cash, quarter by quarterNet incomeOperating cash flow−$42.8M$29.4MQ3 2024$29.2M$13.4MQ4 2024$5.2M−$8.6MQ1 2025$27.0M$51.6MQ2 2025$14.1M$33.2MQ3 2025$179M$49.7MQ4 2025$41.7M$4.3MQ1 2026$40.3M$80.9MQ2 2026
Latest (Q2 2026): Net income $40.3M, Operating cash flow $80.9M.
Aveanna Healthcare Holdings: diluted shares by fiscal yearAveanna Healthcare Holdings: diluted shares by fiscal year141MFY20200MFY2021186MFY2022190MFY2023193MFY2024215MFY2025
+52.5% since FY2020: more shares outstanding (issuance, stock pay).
Aveanna Healthcare Holdings: long-term debt falling due (FY2025)Aveanna Healthcare Holdings: long-term debt falling due (FY2025)$13.2M2026$13.2M2027$13.2M2028$13.2M2029$13.2M2030$1.3BLater
Cash $193M, short-term investments —, long-term debt $1.3B at 2026-01-03.
Aveanna Healthcare Holdings in its industry: growth against margin (6 companies, SIC 8082)Aveanna Healthcare Holdings in its industry: growth against margin (6 companies, SIC 8082)revenue growth, year over year →↑ operating marginmedian +11%median 10%BTSGOPCHAHCOCHEADUSAVAH (+14%, 12%)
Services-Home Health Care Services; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

Customers and suppliers named in filings

Sells to

About Aveanna Healthcare Holdings

Aveanna Healthcare is headquartered in Atlanta, Georgia and has locations in 39 states providing a broad range of pediatric and adult healthcare services, primarily focused on care in the home, including nursing, hospice, rehabilitation, occupational nursing in schools, therapy, and day treatment center services for medically complex and chronically ill children and adults, as well as delivery of enteral nutrition and other products to patients. In addition, the Company provides respite healthcare services, which are temporary care provider services provided in relief of the patient’s normal caregiver. The Company’s services are designed to provide a high quality, lower cost alternative to prolonged hospitalization. For more information, please visit www.aveanna.com .

In its own words, from its 8-K, filed Aug 13, 2026.

Aveanna Healthcare Holdings against its Services-Home Health Care Services peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +14% against the peers' median +11%. Operating margin: 11.9% against the peers' median 10.3%.

CompanyQuarterRevenueY/YOp. margin
AVAH Aveanna Healthcare HoldingsQ2 2026$670M+14%11.9%
BTSG BrightSpring Health ServicesQ3 2026$4.2B+26%3.8%
OPCH Option Care HealthQ3 2026$1.5B+4%6.0%
AHCO AdaptHealthQ3 2026$746M+11%-20.9%
CHE ChemedQ3 2026$691M+11%14.0%
ADUS Addus HomeCareQ3 2026$388M+7%10.3%

Source: Aveanna Healthcare Holdings 10-Q on SEC EDGAR · CIK 1832332 · Services-Home Health Care Services

13F: who owns AVAH and who is buying

Largest holders of AVAH (13F)Largest holders of AVAH (13F)Bain Capital Investors LLC$699MJ.H. Whitney Equity Partners VII,…$232MNut Tree Capital Management, LP$111MBlackRock$63.5MVanguard Group$45.6MVanguard Capital Management LLC$31.5MBoston Partners$24.9MCitadel Advisors LLC$19.6MDimensional Fund Advisors LP$19.3MGeode Capital Management, LLC$17.7M
Funds' net buying of AVAH by quarter (13F)Funds' net buying of AVAH by quarter (13F)−$2.1M2024-09−$1.1M2024-12$1.1M2025-03$58.7M2025-06$40.2M2025-09$24.8M2025-12$7.1M2026-03−$14.7M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on AVAH

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

Compare AVAH with

中文版:Aveanna Healthcare Holdings(AVAH)财报

Español · Français