Filing Flows › Davita (DVA) › Q2 2026
Davita (DVA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Davita (DVA) reported revenue of $3.6B for the second quarter 2026 (Q2 2026), +5% from a year earlier and +4% from the quarter before. Operating margin was 16.3%, net earnings $265M (7.5% of revenue).
Davita, Q2 2026: revenue $3.6B (+5% year over year), operating margin 16.3%, net earnings $265M, operating cash flow $490M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6B | +4% | +5% |
| Operating profit | $579M | +20% | +8% |
| Net earnings | $265M | +34% | +33% |
| Operating cash flow | $490M | +53% | +51% |
| Free cash flow | $256M | — | — |
What changed
Revenue was $3.6B in Q2 2026, up 5% year over year and up 4% from the previous quarter. U. S. Dialysis and Related Lab Services was the largest line at 84% of revenue. U. S. Dialysis and Related Lab Services added $0.10B year over year (up 4%), 59% of the total change.
Operating profit was $0.58B, a 16.3% margin (up 0.4 points year over year). Of the extra revenue versus Q2 2025, 24% reached operating profit, above the 16% margin then. Total costs grew 5% against revenue growth of 5%. Net earnings were $0.27B, up 33% year over year. The effective tax rate was 21.1%.
Operating cash flow was $0.49B (up 51% year over year), 143% of net income including minority interests. Non-cash charges added back $0.17B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.05B. After maintenance capital expenditures ($0.12B) and distributions to noncontrolling interests ($0.06B) and development capital expenditures ($0.05B), free cash flow as the company reports it was $0.26B.
Questions
What was Davita's revenue in the second quarter 2026?
Davita (DVA) reported revenue of $3.6B for the second quarter 2026 (Q2 2026), +5% from a year earlier and +4% from the quarter before.
Was Davita profitable in the second quarter 2026?
Operating profit was $579M (16.3% of revenue) and net earnings $265M.
Source: Davita 10-Q on SEC EDGAR.