Filing Flows › Healthcare Services Group (HCSG) › Q3 2025
Healthcare Services Group (HCSG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 24, 2025
Healthcare Services Group (HCSG) reported revenue of $464M for the third quarter 2025 (Q3 2025), +8% from a year earlier and +1% from the quarter before. Operating margin was 12.3%, net earnings $43.0M (9.3% of revenue).
Healthcare Services Group, Q3 2025: revenue $464M (+8% year over year), operating margin 12.3%, net earnings $43.0M, operating cash flow $71.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $464M | +1% | +8% |
| Operating profit | $57.3M | — | +205% |
| Net earnings | $43.0M | — | +206% |
| Operating cash flow | $71.3M | +148% | 17× |
| Free cash flow | $70.0M | +155% | 24× |
What changed
Revenue was $464.3M in Q3 2025, up 8% year over year and up 1% from the previous quarter. Dietary was the largest line at 54% of revenue. Housekeeping added $20.7M year over year (up 11%), 57% of the total change.
Operating profit was $57.3M, a 12.3% margin (up 7.9 points year over year). Of the extra revenue versus a year earlier, 106% reached operating profit, above the 4% margin then. Total costs fell 1% while revenue rose 8%. Net earnings were $43.0M, up 206% year over year. The effective tax rate was 25.0%.
Operating cash flow was $71.3M (up 1553% year over year), 166% of net earnings. Non-cash charges added back $4.0M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $21.7M. Capital expenditures of $1.3M left free cash flow of $70.0M.
Questions
What was Healthcare Services Group's revenue in the third quarter 2025?
Healthcare Services Group (HCSG) reported revenue of $464M for the third quarter 2025 (Q3 2025), +8% from a year earlier and +1% from the quarter before.
Was Healthcare Services Group profitable in the third quarter 2025?
Operating profit was $57.3M (12.3% of revenue) and net earnings $43.0M.