Filing Flows › Aveanna Healthcare Holdings (AVAH) › Q4 2025
Aveanna Healthcare Holdings (AVAH) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 19, 2026
Aveanna Healthcare Holdings (AVAH) reported revenue of $662M for the fourth quarter 2025 (Q4 2025), +27% from a year earlier and +7% from the quarter before. Operating margin was 10.7%, net earnings $179M (27.0% of revenue).
Aveanna Healthcare Holdings, Q4 2025: revenue $662M (+27% year over year), operating margin 10.7%, net earnings $179M, operating cash flow $49.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $662M | +7% | +27% |
| Gross profit | $213M | +5% | +24% |
| Operating profit | $71.0M | +33% | +55% |
| Net earnings | $179M | 13× | +513% |
| Operating cash flow | $49.7M | +50% | +271% |
What changed
Revenue was $662.5M in Q4 2025, up 27% year over year and up 7% from the previous quarter. Private Duty Services was the largest line at 82% of revenue.
Gross margin was 32.2%, down 0.8 points from Q4 2024. Operating profit was $71.0M, a 10.7% margin (up 1.9 points year over year). Of the extra revenue versus Q4 2024, 18% reached operating profit, above the 9% margin then. Operating expenses grew 13% against revenue growth of 27%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $178.8M, up 513% year over year. The tax line was a benefit of $139.5M on pre-tax earnings of $39.2M.
Operating cash flow was $49.7M (up 271% year over year), 28% of net earnings. Non-cash charges added back $2.7M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $135.7M.
Questions
What was Aveanna Healthcare Holdings' revenue in the fourth quarter 2025?
Aveanna Healthcare Holdings (AVAH) reported revenue of $662M for the fourth quarter 2025 (Q4 2025), +27% from a year earlier and +7% from the quarter before.
Was Aveanna Healthcare Holdings profitable in the fourth quarter 2025?
Operating profit was $71.0M (10.7% of revenue) and net earnings $179M.