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Community Health Systems (CYH) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 23, 2026

Community Health Systems (CYH) reported revenue of $2.8B for the second quarter 2026 (Q2 2026), -10% from a year earlier and -5% from the quarter before. Operating margin was 13.8%, net earnings $70.0M (2.5% of revenue).

Revenue$2.8B
Year over year-10%
Quarter over quarter-5%
Operating margin13.8%
Net earnings$70.0M

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 follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.8B-5%-10%
Operating profit$389M+38%-24%
Net earnings$70.0M—-75%
Operating cash flow$88.0M—0%
Free cash flow$12.0M——

What changed

Revenue was $2.8B in Q2 2026, down 10% year over year and down 5% from the previous quarter. Managed Care and Other Third Party Payors was the largest line at 46% of revenue. Managed Care and Other Third Party Payors lost $0.19B year over year (down 13%), 61% of the total change.

Operating profit was $0.39B, a 13.8% margin (down 2.6 points year over year). Total costs fell 7% while revenue fell 10%. Net earnings were $0.07B, down 75% year over year. The effective tax rate was 42.2%.

Operating cash flow was $0.09B (roughly flat year over year), 85% of net income including minority interests. Non-cash charges added back $0.11B of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $0.13B. Capital expenditures of $0.08B left free cash flow of $0.01B.

Questions

What was Community Health Systems' revenue in the second quarter 2026?

Community Health Systems (CYH) reported revenue of $2.8B for the second quarter 2026 (Q2 2026), -10% from a year earlier and -5% from the quarter before.

Was Community Health Systems profitable in the second quarter 2026?

Operating profit was $389M (13.8% of revenue) and net earnings $70.0M.

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Source: Community Health Systems 10-Q on SEC EDGAR.