Filing Flows › Aveanna Healthcare Holdings (AVAH) › Q1 2026 › vs Q4 2025
Aveanna Healthcare Holdings (AVAH) Q1 2026 vs Q4 2025 (quarter over quarter)
Aveanna Healthcare Holdings's revenue fell $14.6M (-2%) from $662M in Q4 2025 to $648M in Q1 2026. The biggest changes: Medical Solutions −$6.8M (-13%); Private Duty Services −$5.1M (-0.9%); Home Health and Hospice −$2.7M (-4%). Gross margin 31.7% against 32.2% (-0.5 pts).
Aveanna Healthcare Holdings, Q1 2026: revenue $648M (+16% year over year), operating margin 10.7%, net earnings $41.7M, operating cash flow $4.3M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Gross margin | 31.7% | 32.2% | -0.5 pts |
| Operating margin | 10.7% | 10.7% | -0.0 pts |
| Net margin | 6.4% | 27.0% | -20.6 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Private Duty Services | $536M | $541M | −$5.1M | -0.9% |
| Home Health and Hospice | $66.6M | $69.3M | −$2.7M | -4% |
| Medical Solutions | $45.7M | $52.5M | −$6.8M | -13% |
| Revenue | $648M | $662M | −$14.6M | -2% |
| Gross profit | $205M | $213M | −$7.9M | -4% |
| Cost of revenue | $442M | $449M | −$6.7M | -1% |
| Operating profit | $69.3M | $71.0M | −$1.7M | -2% |
| Operating expenses | $136M | $142M | −$6.2M | -4% |
| Pre-tax earnings | $45.0M | $39.2M | $5.7M | +15% |
| Other expense, net | $24.4M | $31.8M | −$7.4M | -23% |
| SG&A | $95.8M | $97.6M | −$1.8M | -2% |
| Other operating costs | $40.3M | $44.6M | −$4.3M | -10% |
| Net earnings | $41.7M | $179M | −$137M | -77% |
| Income tax | $3.3M | −$140M | $143M | — |
| Operating cash sources | $48.8M | $185M | −$137M | -74% |
| Depreciation & amortization | $3.0M | $2.7M | $316K | +12% |
| Share-based compensation | $4.1M | $3.9M | $201K | +5% |
| Working capital & other | $44.5M | $136M | −$91.2M | -67% |
| Operating cash flow | $4.3M | $49.7M | −$45.4M | -91% |
Questions
How much did Aveanna Healthcare Holdings's revenue grow quarter over quarter in Q1 2026?
Aveanna Healthcare Holdings's revenue fell $14.6M (-2%) from $662M in Q4 2025 to $648M in Q1 2026.
What drove Aveanna Healthcare Holdings's revenue change in Q1 2026?
Medical Solutions −$6.8M (-13%); Private Duty Services −$5.1M (-0.9%); Home Health and Hospice −$2.7M (-4%).