Filing Flows › National Healthcare (NHC) › Q2 2026 › vs Q2 2025
National Healthcare (NHC) Q2 2026 vs Q2 2025 (year over year)
National Healthcare's revenue rose $33.1M (+9%) from $375M in Q2 2025 to $408M in Q2 2026. Operating margin 12.0% against 9.1% (+2.9 pts).
National Healthcare, Q2 2026: revenue $408M (+9% year over year), operating margin 12.0%, net earnings $40.3M, operating cash flow $43.3M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 12.0% | 9.1% | +2.9 pts |
| Net margin | 9.9% | 6.3% | +3.6 pts |
| Free cash flow margin | 7.5% | 14.0% | -6.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $408M | $375M | $33.1M | +9% |
| Other income, net | $5.1M | −$1.9M | $7.0M | — |
| Operating profit | $48.9M | $34.1M | $14.8M | +44% |
| Costs & expenses | $359M | $341M | $18.3M | +5% |
| Pre-tax earnings | $54.0M | $32.2M | $21.8M | +68% |
| General & admin | $8.7M | $8.8M | −$82K | -0.9% |
| Other operating costs | $350M | $332M | $18.4M | +6% |
| Net earnings | $40.3M | $23.7M | $16.6M | +70% |
| Minority interests | $218K | $391K | −$173K | -44% |
| Income tax | $13.5M | $8.1M | $5.4M | +67% |
| Depreciation & amortization | $11.2M | $11.0M | $158K | +1% |
| Share-based compensation | $2.0M | $1.2M | $753K | +61% |
| Working capital & other | $10.2M | −$26.8M | $37.1M | — |
| Operating cash flow | $43.3M | $62.8M | −$19.6M | -31% |
| Free cash flow (OCF − capex) | $30.7M | $52.6M | −$21.9M | -42% |
| Capital expenditures | $12.5M | $10.2M | $2.3M | +23% |
Questions
How much did National Healthcare's revenue grow year over year in Q2 2026?
National Healthcare's revenue rose $33.1M (+9%) from $375M in Q2 2025 to $408M in Q2 2026. Operating margin 12.0% against 9.1% (+2.9 pts).