Filing Flows › Community Health Systems (CYH) › Q2 2026 › vs Q2 2025
Community Health Systems (CYH) Q2 2026 vs Q2 2025 (year over year)
Community Health Systems's revenue fell $308M (-10%) from $3.1B in Q2 2025 to $2.8B in Q2 2026. The biggest changes: Managed Care and Other Third Party Payors −$188M (-13%); Medicare −$96.0M (-18%); Medicaid −$25.0M (-5%). Operating margin 13.8% against 16.3% (-2.6 pts).
Community Health Systems, Q2 2026: revenue $2.8B (-10% year over year), operating margin 13.8%, net earnings $70.0M, operating cash flow $88.0M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 13.8% | 16.3% | -2.6 pts |
| Net margin | 2.5% | 9.0% | -6.5 pts |
| Free cash flow margin | 0.4% | -0.1% | +0.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Managed Care and Other Third Party Payors | $1.3B | $1.5B | −$188M | -13% |
| Medicare Managed Care | $527M | $547M | −$20.0M | -4% |
| Medicaid | $520M | $545M | −$25.0M | -5% |
| Medicare | $446M | $542M | −$96.0M | -18% |
| Self Pay Revenue | $39.0M | $18.0M | $21.0M | +117% |
| Revenue | $2.8B | $3.1B | −$308M | -10% |
| Operating profit | $389M | $512M | −$123M | -24% |
| Costs & expenses | $2.4B | $2.6B | −$185M | -7% |
| Pre-tax earnings | $180M | $438M | −$258M | -59% |
| Other expense, net | $209M | $74.0M | $135M | +182% |
| Cost of revenue | $401M | $469M | −$68.0M | -14% |
| Other operating costs | $2.0B | $2.2B | −$117M | -5% |
| Net earnings | $70.0M | $282M | −$212M | -75% |
| Minority interests | $34.0M | $38.0M | −$4.0M | -11% |
| Income tax | $76.0M | $118M | −$42.0M | -36% |
| Operating cash sources | $180M | $390M | −$210M | -54% |
| Depreciation & amortization | $108M | $105M | $3.0M | +3% |
| Share-based compensation | $2.0M | $3.0M | −$1.0M | -33% |
| Working capital & other | $92.0M | $302M | −$210M | -70% |
| Operating cash flow | $88.0M | $88.0M | $0 | 0% |
| Free cash flow (OCF − capex) | $12.0M | −$3.0M | $15.0M | — |
| Capital expenditures | $76.0M | $91.0M | −$15.0M | -16% |
Questions
How much did Community Health Systems's revenue grow year over year in Q2 2026?
Community Health Systems's revenue fell $308M (-10%) from $3.1B in Q2 2025 to $2.8B in Q2 2026.
What drove Community Health Systems's revenue change in Q2 2026?
Managed Care and Other Third Party Payors −$188M (-13%); Medicare −$96.0M (-18%); Medicaid −$25.0M (-5%).