Filing Flows › Pediatrix Medical Group (MD) › Q3 2026
Pediatrix Medical Group (MD) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Pediatrix Medical Group (MD) reported revenue of $501M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +3% from the quarter before. Operating margin was 13.0%, net earnings $47.0M (9.4% of revenue).
Pediatrix Medical Group, Q3 2026: revenue $501M (+2% year over year), operating margin 13.0%, net earnings $47.0M, operating cash flow $117M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $501M | +3% | +2% |
| Operating profit | $65.2M | +15% | -4% |
| Net earnings | $47.0M | +18% | -34% |
| Operating cash flow | $117M | -6% | -15% |
| Free cash flow | $113M | -9% | -14% |
What changed
Revenue was $501.4M in Q3 2026, up 2% year over year and up 3% from the previous quarter. Health Care Patient Service was the largest line at 87% of revenue. Health Care Patient Service added $11.5M year over year (up 3%), 136% of the total change. Product and Service Other declined 76%.
Operating profit was $65.2M, a 13.0% margin (down 0.8 points year over year). Operating profit fell $2.8M even though revenue rose $8.5M versus Q3 2025, so costs grew faster than sales. Total costs grew 3% against revenue growth of 2%. Net earnings were $47.0M, down 34% year over year. The effective tax rate was 27.7%.
Operating cash flow was $117.3M (down 15% year over year), 250% of net earnings. Non-cash charges added back $6.2M of depreciation and amortization and $6.2M of share-based compensation. Working capital and other items added $57.9M. Capital expenditures of $4.4M left free cash flow of $112.9M.
Questions
What was Pediatrix Medical Group's revenue in the third quarter 2026?
Pediatrix Medical Group (MD) reported revenue of $501M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +3% from the quarter before.
Was Pediatrix Medical Group profitable in the third quarter 2026?
Operating profit was $65.2M (13.0% of revenue) and net earnings $47.0M.