Filing Flows › National Healthcare (NHC) › Q2 2026
National Healthcare (NHC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
National Healthcare (NHC) reported revenue of $408M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +7% from the quarter before. Operating margin was 12.0%, net earnings $40.3M (9.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $408M | +7% | +9% |
| Operating profit | $48.9M | +52% | +44% |
| Net earnings | $40.3M | +12% | +70% |
| Operating cash flow | $43.3M | -31% | -31% |
| Free cash flow | $30.7M | -42% | -42% |
What changed
Revenue was $408.0M in Q2 2026, up 9% year over year and up 7% from the previous quarter.
Operating profit was $48.9M, a 12.0% margin (up 2.9 points year over year). Of the extra revenue versus Q2 2025, 45% reached operating profit, above the 9% margin then. Total costs grew 5% against revenue growth of 9%. Net earnings were $40.3M, up 70% year over year. The effective tax rate was 24.9%.
Operating cash flow was $43.3M (down 31% year over year), 107% of net earnings. Non-cash charges added back $11.2M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $10.4M. Capital expenditures of $12.5M left free cash flow of $30.7M.
Questions
What was National Healthcare's revenue in the second quarter 2026?
National Healthcare (NHC) reported revenue of $408M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +7% from the quarter before.
Was National Healthcare profitable in the second quarter 2026?
Operating profit was $48.9M (12.0% of revenue) and net earnings $40.3M.