Filing Flows › Community Health Systems (CYH) › Q4 2025
Community Health Systems (CYH) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Community Health Systems (CYH) reported revenue of $3.1B for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and +0.6% from the quarter before. Operating margin was 14.5%, net earnings $110M (3.5% of revenue).
Community Health Systems, Q4 2025: revenue $3.1B (-5% year over year), operating margin 14.5%, net earnings $110M, operating cash flow $266M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1B | +0.6% | -5% |
| Operating profit | $450M | +85% | +62% |
| Net earnings | $110M | -15% | — |
| Operating cash flow | $266M | +286% | +23% |
| Free cash flow | $172M | 43× | +61% |
What changed
Revenue was $3.1B in Q4 2025, down 5% year over year and up 1% from the previous quarter. Managed Care and Other Third Party Payors was the largest line at 49% of revenue.
Operating profit was $0.45B, a 14.5% margin (up 6.0 points year over year). Total costs fell 11% while revenue fell 5%. Net earnings were $0.11B. The effective tax rate was 27.6%.
Operating cash flow was $0.27B (up 23% year over year), 166% of net income including minority interests. Non-cash charges added back $0.11B of depreciation and amortization and $4.0M of share-based compensation. Capital expenditures of $0.09B left free cash flow of $0.17B.
Questions
What was Community Health Systems' revenue in the fourth quarter 2025?
Community Health Systems (CYH) reported revenue of $3.1B for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and +0.6% from the quarter before.
Was Community Health Systems profitable in the fourth quarter 2025?
Operating profit was $450M (14.5% of revenue) and net earnings $110M.