Filing Flows › RadNet (RDNT) › Q3 2026
RadNet (RDNT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
RadNet (RDNT) reported revenue of $638M for the third quarter 2026 (Q3 2026), +22% from a year earlier and +2% from the quarter before. Operating margin was 4.7%, net earnings $4.2M (0.7% of revenue).
RadNet, Q3 2026: revenue $638M (+22% year over year), operating margin 4.7%, net earnings $4.2M, operating cash flow $90.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $638M | +2% | +22% |
| Operating profit | $30.3M | -23% | +10% |
| Net earnings | $4.2M | -45% | -23% |
| Operating cash flow | $90.6M | -4% | +71% |
| Free cash flow | $35.1M | -7% | — |
What changed
Revenue was $638.3M in Q3 2026, up 22% year over year and up 2% from the previous quarter. Commercial insurance was the largest line at 54% of revenue. Commercial insurance added $55.6M year over year (up 19%), 48% of the total change. Revenue under capitation arrangements declined 1%.
Operating profit was $30.3M, a 4.7% margin (down 0.5 points year over year). Of the extra revenue versus Q3 2025, 2% reached operating profit, below the 5% margin then. Total costs grew 23% against revenue growth of 22%. Net earnings were $4.2M, down 23% year over year. The effective tax rate was 30.4%.
Operating cash flow was $90.6M (up 71% year over year), 473% of net income including minority interests. Non-cash charges added back $47.0M of depreciation and amortization and $10.0M of share-based compensation. Working capital and other items added $14.4M. Capital expenditures of $55.5M left free cash flow of $35.1M.
Questions
What was RadNet's revenue in the third quarter 2026?
RadNet (RDNT) reported revenue of $638M for the third quarter 2026 (Q3 2026), +22% from a year earlier and +2% from the quarter before.
Was RadNet profitable in the third quarter 2026?
Operating profit was $30.3M (4.7% of revenue) and net earnings $4.2M.
Source: RadNet 10-Q on SEC EDGAR.