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RadNet (RDNT) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 10, 2026

RadNet (RDNT) reported revenue of $623M for the second quarter 2026 (Q2 2026), +25% from a year earlier and +8% from the quarter before. Operating margin was 6.3%, net earnings $7.5M (1.2% of revenue).

Revenue$623M
Year over year+25%
Quarter over quarter+8%
Operating margin6.3%
Net earnings$7.5M

RadNet, Q2 2026: revenue $623M (+25% year over year), operating margin 6.3%, net earnings $7.5M, operating cash flow $94.1M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$623M+8%+25%
Operating profit$39.5M—+28%
Net earnings$7.5M—-48%
Operating cash flow$94.1M+19%-22%
Free cash flow$37.8M+318%-44%

What changed

Revenue was $622.7M in Q2 2026, up 25% year over year and up 8% from the previous quarter. Commercial insurance was the largest line at 55% of revenue. Commercial insurance added $60.5M year over year (up 22%), 49% of the total change.

Operating profit was $39.5M, a 6.3% margin (up 0.1 points year over year). Of the extra revenue versus Q2 2025, 7% reached operating profit, above the 6% margin then. Total costs grew 25% against revenue growth of 25%. Net earnings were $7.5M, down 48% year over year. The effective tax rate was 23.9%.

Operating cash flow was $94.1M (down 22% year over year), 465% of net income including minority interests. Non-cash charges added back $45.5M of depreciation and amortization and $10.5M of share-based compensation. Working capital and other items added $17.8M. Capital expenditures of $56.3M left free cash flow of $37.8M.

Questions

What was RadNet's revenue in the second quarter 2026?

RadNet (RDNT) reported revenue of $623M for the second quarter 2026 (Q2 2026), +25% from a year earlier and +8% from the quarter before.

Was RadNet profitable in the second quarter 2026?

Operating profit was $39.5M (6.3% of revenue) and net earnings $7.5M.

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Source: RadNet 10-Q on SEC EDGAR.