Filing Flows › Healthcare Services Group (HCSG) › Q3 2026
Healthcare Services Group (HCSG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 23, 2026
Healthcare Services Group (HCSG) reported revenue of $480M for the third quarter 2026 (Q3 2026), +3% from a year earlier and +2% from the quarter before. Operating margin was 7.0%, net earnings $24.9M (5.2% of revenue).
Healthcare Services Group, Q3 2026: revenue $480M (+3% year over year), operating margin 7.0%, net earnings $24.9M, operating cash flow $30.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $480M | +2% | +3% |
| Operating profit | $33.7M | +9% | -41% |
| Net earnings | $24.9M | +10% | -42% |
| Operating cash flow | $30.2M | +38% | -58% |
| Free cash flow | $28.1M | +39% | -60% |
What changed
Revenue was $479.6M in Q3 2026, up 3% year over year and up 2% from the previous quarter. Dietary was the largest line at 55% of revenue. Dietary added $9.8M year over year (up 4%), 64% of the total change.
Operating profit was $33.7M, a 7.0% margin (down 5.3 points year over year). Operating profit fell $23.6M even though revenue rose $15.3M versus Q3 2025, so costs grew faster than sales. Total costs grew 10% against revenue growth of 3%. Net earnings were $24.9M, down 42% year over year. The effective tax rate was 26.2%.
Operating cash flow was $30.2M (down 58% year over year), 121% of net earnings. Non-cash charges added back $4.1M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items used $1.7M. Capital expenditures of $2.1M left free cash flow of $28.1M.
Questions
What was Healthcare Services Group's revenue in the third quarter 2026?
Healthcare Services Group (HCSG) reported revenue of $480M for the third quarter 2026 (Q3 2026), +3% from a year earlier and +2% from the quarter before.
Was Healthcare Services Group profitable in the third quarter 2026?
Operating profit was $33.7M (7.0% of revenue) and net earnings $24.9M.