Filing Flows › Pediatrix Medical Group (MD) › Q2 2026
Pediatrix Medical Group (MD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Pediatrix Medical Group (MD) reported revenue of $488M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +2% from the quarter before. Operating margin was 11.7%, net earnings $39.8M (8.2% of revenue).
Pediatrix Medical Group, Q2 2026: revenue $488M (+4% year over year), operating margin 11.7%, net earnings $39.8M, operating cash flow $125M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $488M | +2% | +4% |
| Operating profit | $56.9M | +37% | -5% |
| Net earnings | $39.8M | +35% | +1% |
| Operating cash flow | $125M | — | -9% |
| Free cash flow | $124M | — | -7% |
What changed
Revenue was $487.8M in Q2 2026, up 4% year over year and up 2% from the previous quarter. Health Care Patient Service was the largest line at 86% of revenue. Health Care Patient Service added $21.3M year over year (up 5%), 112% of the total change. Product and Service Other declined 76%.
Operating profit was $56.9M, a 11.7% margin (down 1.1 points year over year). Operating profit fell $2.9M even though revenue rose $18.9M versus Q2 2025, so costs grew faster than sales. Total costs grew 5% against revenue growth of 4%. The fastest-growing cost line was General & admin (+10%). Net earnings were $39.8M, up 1% year over year. The effective tax rate was 26.2%.
Operating cash flow was $125.3M (down 9% year over year), 315% of net earnings. Non-cash charges added back $5.8M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items added $74.6M. Capital expenditures of $1.4M left free cash flow of $123.9M.
Questions
What was Pediatrix Medical Group's revenue in the second quarter 2026?
Pediatrix Medical Group (MD) reported revenue of $488M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +2% from the quarter before.
Was Pediatrix Medical Group profitable in the second quarter 2026?
Operating profit was $56.9M (11.7% of revenue) and net earnings $39.8M.