Filing Flows › Pediatrix Medical Group (MD) › Q1 2025
Pediatrix Medical Group (MD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Pediatrix Medical Group (MD) reported revenue of $458M for the first quarter 2025 (Q1 2025), -7% from a year earlier and -9% from the quarter before. Operating margin was 7.0%, net earnings $20.7M (4.5% of revenue).
Pediatrix Medical Group, Q1 2025: revenue $458M (-7% year over year), operating margin 7.0%, net earnings $20.7M, operating cash flow −$117M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $458M | -9% | -7% |
| Operating profit | $32.1M | -18% | +102% |
| Net earnings | $20.7M | -32% | +414% |
| Operating cash flow | −$117M | — | — |
What changed
Revenue was $458.4M in Q1 2025, down 7% year over year and down 9% from the previous quarter. Health Care Patient Service was the largest line at 85% of revenue. Health Care Patient Service lost $32.5M year over year (down 8%), 88% of the total change.
Operating profit was $32.1M, a 7.0% margin (up 3.8 points year over year). Total costs fell 11% while revenue fell 7%. Net earnings were $20.7M, up 414% year over year. The effective tax rate was 26.2%.
Operating cash flow was −$117.5M. Non-cash charges added back $5.3M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $147.2M. Capital expenditures of $3.3M exceeded it, leaving free cash flow of −$120.8M.
Questions
What was Pediatrix Medical Group's revenue in the first quarter 2025?
Pediatrix Medical Group (MD) reported revenue of $458M for the first quarter 2025 (Q1 2025), -7% from a year earlier and -9% from the quarter before.
Was Pediatrix Medical Group profitable in the first quarter 2025?
Operating profit was $32.1M (7.0% of revenue) and net earnings $20.7M.