Filing Flows › Aveanna Healthcare Holdings (AVAH) › Q1 2026
Aveanna Healthcare Holdings (AVAH) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Aveanna Healthcare Holdings (AVAH) reported revenue of $648M for the first quarter 2026 (Q1 2026), +16% from a year earlier and -2% from the quarter before. Operating margin was 10.7%, net earnings $41.7M (6.4% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $648M | -2% | +16% |
| Gross profit | $205M | -4% | +12% |
| Operating profit | $69.3M | -2% | +34% |
| Net earnings | $41.7M | -77% | +702% |
| Operating cash flow | $4.3M | -91% | — |
What changed
Revenue was $647.9M in Q1 2026, up 16% year over year and down 2% from the previous quarter. Private Duty Services was the largest line at 83% of revenue. Private Duty Services added $75.7M year over year (up 16%), 85% of the total change.
Gross margin was 31.7%, down 1.1 points from Q1 2025. Operating profit was $69.3M, a 10.7% margin (up 1.4 points year over year). Of the extra revenue versus Q1 2025, 20% reached operating profit, above the 9% margin then. Operating expenses grew 3% against revenue growth of 16%. Net earnings were $41.7M, up 702% year over year. The effective tax rate was 7.4%.
Operating cash flow was $4.3M, 10% of net earnings. Non-cash charges added back $3.0M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $44.5M.
Questions
What was Aveanna Healthcare Holdings' revenue in the first quarter 2026?
Aveanna Healthcare Holdings (AVAH) reported revenue of $648M for the first quarter 2026 (Q1 2026), +16% from a year earlier and -2% from the quarter before.
Was Aveanna Healthcare Holdings profitable in the first quarter 2026?
Operating profit was $69.3M (10.7% of revenue) and net earnings $41.7M.