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National Healthcare (NHC) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 5, 2026

National Healthcare (NHC) reported revenue of $408M for the third quarter 2026 (Q3 2026), +7% from a year earlier and 0% from the quarter before. Operating margin was 10.0%, net earnings $13.6M (3.3% of revenue).

Revenue$408M
Year over year+7%
Quarter over quarter0%
Operating margin10.0%
Net earnings$13.6M

National Healthcare, Q3 2026: revenue $408M (+7% year over year), operating margin 10.0%, net earnings $13.6M, operating cash flow $99.2M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$408M0%+7%
Operating profit$40.6M-17%+34%
Net earnings$13.6M-66%-65%
Operating cash flow$99.2M+129%+50%

What changed

Revenue was $408.0M in Q3 2026, up 7% year over year and roughly flat from the previous quarter.

Operating profit was $40.6M, a 10.0% margin (up 2.0 points year over year). Of the extra revenue versus Q3 2025, 41% reached operating profit, above the 8% margin then. Total costs grew 4% against revenue growth of 7%. Net earnings were $13.6M, down 65% year over year. The effective tax rate was 27.9%.

Operating cash flow was $99.2M (up 50% year over year), 699% of net income including minority interests. Non-cash charges added back $14.6M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items added $68.4M.

Questions

What was National Healthcare's revenue in the third quarter 2026?

National Healthcare (NHC) reported revenue of $408M for the third quarter 2026 (Q3 2026), +7% from a year earlier and 0% from the quarter before.

Was National Healthcare profitable in the third quarter 2026?

Operating profit was $40.6M (10.0% of revenue) and net earnings $13.6M.

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Source: National Healthcare 10-Q on SEC EDGAR.