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How Fresenius Medical Care AG (FMS) makes money
Fresenius Medical Care AG (FMS) made $9.9B of revenue in the third quarter 2026 (Q3 2026), +1% from a year earlier. 2 a), 14 brought in $4.9B (50%); Healthcare services brought in $3.3B (34%); Healthcare products brought in $1.1B (11%). Of every dollar of revenue, 4¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| 2 a), 14 | $4.9B | 50.0% | — | +1% |
| Healthcare services | $3.3B | 33.6% | — | +3% |
| Healthcare products | $1.1B | 11.3% | — | +2% |
| Insurance contracts | $504M | 5.1% | — | -11% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $9.9B | 100.0% |
| Operating profit | $384M | 3.9% |
| Income tax | $77.8M | 0.8% |
| Net earnings | $160M | 1.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $9.9B | +1% |
From Fresenius Medical Care AG's 6-K filed Nov 3, 2026 (on EDGAR).
Questions
How does Fresenius Medical Care AG make money?
Fresenius Medical Care AG (FMS) made $9.9B of revenue in the third quarter 2026 (Q3 2026), +1% from a year earlier. 2 a), 14 brought in $4.9B (50%); Healthcare services brought in $3.3B (34%); Healthcare products brought in $1.1B (11%). Of every dollar of revenue, 4¢ was left as operating profit, 2¢ was left as net earnings.
What is Fresenius Medical Care AG's biggest business?
2 a), 14: $4.9B in the third quarter 2026, 50% of revenue, +1% from a year earlier.
What is Fresenius Medical Care AG's profit margin?
Net earnings were $160M, 1.6% of revenue, in the third quarter 2026; the operating margin was 3.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.