Filing Flows › Nutex Health (NUTX) › Q1 2026
Nutex Health (NUTX) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Nutex Health (NUTX) reported revenue of $216M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +43% from the quarter before. Operating margin was 37.5%, net earnings $46.8M (21.6% of revenue).
Nutex Health, Q1 2026: revenue $216M (+2% year over year), operating margin 37.5%, net earnings $46.8M, operating cash flow $75.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $216M | +43% | +2% |
| Gross profit | $91.7M | +99% | -22% |
| Operating profit | $81.3M | +163% | +0.7% |
| Net earnings | $46.8M | +296% | +121% |
| Operating cash flow | $75.5M | +7% | +48% |
| Free cash flow | $74.3M | +8% | +46% |
What changed
Revenue was $216.5M in Q1 2026, up 2% year over year and up 43% from the previous quarter. Hospital division revenue was the largest line at 96% of revenue. Hospital division revenue added $3.6M year over year (up 2%), 77% of the total change.
Gross margin was 42.4%, down 13.5 points from Q1 2025. Operating profit was $81.3M, a 37.5% margin (down 0.5 points year over year). Of the extra revenue versus Q1 2025, 13% reached operating profit, below the 38% margin then. Operating expenses fell 72% while revenue rose 2%. Net earnings were $46.8M, up 121% year over year. The effective tax rate was 18.0%.
Operating cash flow was $75.5M (up 48% year over year), 120% of net income including minority interests. Non-cash charges added back $5.5M of depreciation and amortization. Working capital and other items added $7.3M. Capital expenditures of $1.2M left free cash flow of $74.3M.
Questions
What was Nutex Health's revenue in the first quarter 2026?
Nutex Health (NUTX) reported revenue of $216M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +43% from the quarter before.
Was Nutex Health profitable in the first quarter 2026?
Operating profit was $81.3M (37.5% of revenue) and net earnings $46.8M.
Source: Nutex Health 10-Q on SEC EDGAR.