Filing Flows › Aveanna Healthcare Holdings (AVAH) › Q3 2025
Aveanna Healthcare Holdings (AVAH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Aveanna Healthcare Holdings (AVAH) reported revenue of $622M for the third quarter 2025 (Q3 2025), +22% from a year earlier and +5% from the quarter before. Operating margin was 8.6%, net earnings $14.1M (2.3% of revenue).
Aveanna Healthcare Holdings, Q3 2025: revenue $622M (+22% year over year), operating margin 8.6%, net earnings $14.1M, operating cash flow $33.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $622M | +5% | +22% |
| Gross profit | $203M | -4% | +27% |
| Operating profit | $53.6M | -33% | +57% |
| Net earnings | $14.1M | -48% | — |
| Operating cash flow | $33.2M | -36% | +13% |
What changed
Revenue was $621.9M in Q3 2025, up 22% year over year and up 5% from the previous quarter. Private Duty Services was the largest line at 83% of revenue. Private Duty Services added $104.9M year over year (up 26%), 93% of the total change. Medical Solutions declined 1%.
Gross margin was 32.6%, up 1.2 points from a year earlier. Operating profit was $53.6M, a 8.6% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 17% reached operating profit, above the 7% margin then. Operating expenses grew 19% against revenue growth of 22%. The fastest-growing cost line was Other operating costs (+44%). Net earnings were $14.1M. The effective tax rate was -4.8%.
Operating cash flow was $33.2M (up 13% year over year), 236% of net earnings. Non-cash charges added back $2.6M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items added $11.6M.
Questions
What was Aveanna Healthcare Holdings' revenue in the third quarter 2025?
Aveanna Healthcare Holdings (AVAH) reported revenue of $622M for the third quarter 2025 (Q3 2025), +22% from a year earlier and +5% from the quarter before.
Was Aveanna Healthcare Holdings profitable in the third quarter 2025?
Operating profit was $53.6M (8.6% of revenue) and net earnings $14.1M.