Filing Flows › Pediatrix Medical Group (MD) › Q4 2025
Pediatrix Medical Group (MD) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Pediatrix Medical Group (MD) reported revenue of $494M for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and +0.2% from the quarter before. Operating margin was 9.9%, net earnings $33.7M (6.8% of revenue).
Pediatrix Medical Group, Q4 2025: revenue $494M (-2% year over year), operating margin 9.9%, net earnings $33.7M, operating cash flow $114M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $494M | +0.2% | -2% |
| Operating profit | $48.8M | -28% | +24% |
| Net earnings | $33.7M | -53% | +11% |
| Operating cash flow | $114M | -17% | -14% |
| Free cash flow | $109M | -18% | -16% |
What changed
Revenue was $493.8M in Q4 2025, down 2% year over year and roughly flat from the previous quarter. Health Care Patient Service was the largest line at 85% of revenue.
Operating profit was $48.8M, a 9.9% margin (up 2.1 points year over year). Total costs fell 4% while revenue fell 2%. Net earnings were $33.7M, up 11% year over year. The effective tax rate was 26.1%.
Operating cash flow was $114.1M (down 14% year over year), 339% of net earnings. Non-cash charges added back $5.6M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items added $69.4M. Capital expenditures of $5.3M left free cash flow of $108.8M.
Questions
What was Pediatrix Medical Group's revenue in the fourth quarter 2025?
Pediatrix Medical Group (MD) reported revenue of $494M for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and +0.2% from the quarter before.
Was Pediatrix Medical Group profitable in the fourth quarter 2025?
Operating profit was $48.8M (9.9% of revenue) and net earnings $33.7M.