Filing Flows › Davita (DVA) › Q3 2026
Davita (DVA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Davita (DVA) reported revenue of $3.6B for the third quarter 2026 (Q3 2026), +5% from a year earlier and +0.7% from the quarter before. Operating margin was 14.0%, net earnings $223M (6.2% of revenue).
Davita, Q3 2026: revenue $3.6B (+5% year over year), operating margin 14.0%, net earnings $223M, operating cash flow $519M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6B | +0.7% | +5% |
| Operating profit | $499M | -14% | -1% |
| Net earnings | $223M | -16% | +48% |
| Operating cash flow | $519M | +6% | -38% |
| Free cash flow | $276M | — | -54% |
What changed
Revenue was $3.6B in Q3 2026, up 5% year over year and up 1% from the previous quarter. U. S. Dialysis and Related Lab Services was the largest line at 85% of revenue. Other - Ancillary Services added $0.10B year over year (up 22%), 62% of the total change.
Operating profit was $0.50B, a 14.0% margin (down 0.8 points year over year). Operating profit fell $0.01B even though revenue rose $0.16B versus Q3 2025, so costs grew faster than sales. Total costs grew 6% against revenue growth of 5%. Net earnings were $0.22B, up 48% year over year. The effective tax rate was 24.9%.
Operating cash flow was $0.52B (down 38% year over year), 193% 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 added $0.06B. After maintenance capital expenditures, net ($0.10B) and distributions to noncontrolling interests ($0.09B) and development capital expenditures ($0.05B), free cash flow as the company reports it was $0.28B.
Questions
What was Davita's revenue in the third quarter 2026?
Davita (DVA) reported revenue of $3.6B for the third quarter 2026 (Q3 2026), +5% from a year earlier and +0.7% from the quarter before.
Was Davita profitable in the third quarter 2026?
Operating profit was $499M (14.0% of revenue) and net earnings $223M.
Source: Davita 10-Q on SEC EDGAR.