Filing Flows › Ensign Group (ENSG) › Q4 2025
Ensign Group (ENSG) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 4, 2026
Ensign Group (ENSG) reported revenue of $1.4B for the fourth quarter 2025 (Q4 2025), +20% from a year earlier and +5% from the quarter before. Operating margin was 9.1%, net earnings $95.5M (7.0% of revenue).
Ensign Group, Q4 2025: revenue $1.4B (+20% year over year), operating margin 9.1%, net earnings $95.5M, operating cash flow $183M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +5% | +20% |
| Operating profit | $124M | +29% | +23% |
| Net earnings | $95.5M | +14% | +20% |
| Operating cash flow | $183M | +20% | +82% |
| Free cash flow | $133M | — | +155% |
What changed
Revenue was $1.4B in Q4 2025, up 20% year over year and up 5% from the previous quarter.
Operating profit was $0.12B, a 9.1% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 10% reached operating profit, above the 9% margin then. Total costs grew 20% against revenue growth of 20%. The fastest-growing cost line was General & admin (+27%). Net earnings were $0.10B, up 20% year over year. The effective tax rate was 26.6%.
Operating cash flow was $0.18B (up 82% year over year), 192% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.05B left free cash flow of $0.13B.
Questions
What was Ensign Group's revenue in the fourth quarter 2025?
Ensign Group (ENSG) reported revenue of $1.4B for the fourth quarter 2025 (Q4 2025), +20% from a year earlier and +5% from the quarter before.
Was Ensign Group profitable in the fourth quarter 2025?
Operating profit was $124M (9.1% of revenue) and net earnings $95.5M.
Source: Ensign Group 10-K on SEC EDGAR.