Filing Flows › Nutex Health (NUTX) › Q2 2026 › vs Q1 2026
Nutex Health (NUTX) Q2 2026 vs Q1 2026 (quarter over quarter)
Nutex Health's revenue fell $5.7M (-3%) from $216M in Q1 2026 to $211M in Q2 2026. The biggest changes: Hospital division revenue −$5.7M (-3%); Population health management division −$15K (-0.2%). Gross margin 67.0% against 42.4% (+24.7 pts).
Nutex Health, Q2 2026: revenue $211M (-14% year over year), operating margin 57.8%, net earnings $65.8M, operating cash flow $34.2M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 67.0% | 42.4% | +24.7 pts |
| Operating margin | 57.8% | 37.5% | +20.2 pts |
| Net margin | 31.2% | 21.6% | +9.6 pts |
| Free cash flow margin | 15.0% | 34.3% | -19.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Hospital division revenue | $202M | $208M | −$5.7M | -3% |
| Population health management division | $8.9M | $8.9M | −$15K | -0.2% |
| Revenue | $211M | $216M | −$5.7M | -3% |
| Gross profit | $141M | $91.7M | $49.5M | +54% |
| Cost of revenue | $69.5M | $125M | −$55.3M | -44% |
| Operating profit | $122M | $81.3M | $40.5M | +50% |
| Operating expenses | $19.6M | $10.5M | $9.1M | +87% |
| Pre-tax earnings | $117M | $76.6M | $40.5M | +53% |
| Other expense, net | $4.6M | $4.7M | −$72K | -2% |
| Net earnings | $65.8M | $46.8M | $19.0M | +41% |
| Minority interests | $30.5M | $16.0M | $14.5M | +91% |
| Income tax | $20.8M | $13.8M | $7.0M | +51% |
| Depreciation & amortization | $5.3M | $5.5M | −$175K | -3% |
| Working capital & other | $37.0M | −$23.2M | $60.2M | — |
| Operating cash flow | $34.2M | $75.5M | −$41.3M | -55% |
| Free cash flow (OCF − capex) | $31.7M | $74.3M | −$42.7M | -57% |
| Capital expenditures | $2.5M | $1.2M | $1.3M | +111% |
Questions
How much did Nutex Health's revenue grow quarter over quarter in Q2 2026?
Nutex Health's revenue fell $5.7M (-3%) from $216M in Q1 2026 to $211M in Q2 2026.
What drove Nutex Health's revenue change in Q2 2026?
Hospital division revenue −$5.7M (-3%); Population health management division −$15K (-0.2%).