Filing Flows › Nutex Health (NUTX) › Q3 2026 › vs Q2 2026
Nutex Health (NUTX) Q3 2026 vs Q2 2026 (quarter over quarter)
Nutex Health's revenue rose $6.9M (+3%) from $211M in Q2 2026 to $218M in Q3 2026. The biggest changes: Hospital division revenue +$7.2M (+4%); Population health management division −$384K (-4%). Gross margin 46.7% against 67.0% (-20.4 pts).
Nutex Health, Q3 2026: revenue $218M (-19% year over year), operating margin 35.4%, net earnings $40.2M, operating cash flow $78.3M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 46.7% | 67.0% | -20.4 pts |
| Operating margin | 35.4% | 57.8% | -22.3 pts |
| Net margin | 18.5% | 31.2% | -12.8 pts |
| Free cash flow margin | 33.6% | 15.0% | +18.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Hospital division revenue | $209M | $202M | $7.2M | +4% |
| Population health management division | $8.5M | $8.9M | −$384K | -4% |
| Revenue | $218M | $211M | $6.9M | +3% |
| Gross profit | $102M | $141M | −$39.8M | -28% |
| Cost of revenue | $116M | $69.5M | $46.6M | +67% |
| Operating profit | $77.1M | $122M | −$44.6M | -37% |
| Operating expenses | $24.4M | $19.6M | $4.9M | +25% |
| Pre-tax earnings | $72.5M | $117M | −$44.5M | -38% |
| Other expense, net | $4.6M | $4.6M | −$75K | -2% |
| General & admin | $17.0M | $16.7M | $363K | +2% |
| Other operating costs | $7.4M | $2.9M | $4.5M | +156% |
| Net earnings | $40.2M | $65.8M | −$25.6M | -39% |
| Minority interests | $17.1M | $30.5M | −$13.4M | -44% |
| Income tax | $15.2M | $20.8M | −$5.6M | -27% |
| Depreciation & amortization | $5.6M | $5.3M | $305K | +6% |
| Working capital & other | $32.5M | −$37.0M | $69.5M | — |
| Operating cash flow | $78.3M | $34.2M | $44.1M | +129% |
| Free cash flow (OCF − capex) | $73.1M | $31.7M | $41.5M | +131% |
| Capital expenditures | $5.2M | $2.5M | $2.7M | +105% |
Questions
How much did Nutex Health's revenue grow quarter over quarter in Q3 2026?
Nutex Health's revenue rose $6.9M (+3%) from $211M in Q2 2026 to $218M in Q3 2026.
What drove Nutex Health's revenue change in Q3 2026?
Hospital division revenue +$7.2M (+4%); Population health management division −$384K (-4%).