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SBC Medical Group Holdings (SBC) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

SBC Medical Group Holdings (SBC) reported revenue of $49.2M for the second quarter 2026 (Q2 2026), +13% from a year earlier and +14% from the quarter before. Operating margin was 38.5%, net earnings $10.7M (21.7% of revenue).

Revenue$49.2M
Year over year+13%
Quarter over quarter+14%
Operating margin38.5%
Net earnings$10.7M

SBC Medical Group Holdings, Q2 2026: revenue $49.2M (+13% year over year), operating margin 38.5%, net earnings $10.7M, operating cash flow $22.5M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$49.2M+14%+13%
Gross profit$36.0M+19%+20%
Operating profit$19.0M+7%+30%
Net earnings$10.7M-5%+335%
Operating cash flow$22.5M+144%—
Free cash flow$22.4M+146%—

What changed

Revenue was $49.2M in Q2 2026, up 13% year over year and up 14% from the previous quarter. Procurement Services was the largest line at 27% of revenue. Management Services added $7.7M year over year (up 150%), 132% of the total change. Rental Services declined 43%.

Gross margin was 73.1%, up 3.9 points from Q2 2025. Operating profit was $19.0M, a 38.5% margin (up 5.0 points year over year). Of the extra revenue versus Q2 2025, 76% reached operating profit, above the 34% margin then. Operating expenses grew 10% against revenue growth of 13%. Net earnings were $10.7M, up 335% year over year. The effective tax rate was 41.2%.

Operating cash flow was $22.5M, 202% of net income including minority interests. Non-cash charges added back $1.1M of depreciation and amortization. Working capital and other items added $10.2M. Capital expenditures of $84K left free cash flow of $22.4M.

Questions

What was SBC Medical Group Holdings' revenue in the second quarter 2026?

SBC Medical Group Holdings (SBC) reported revenue of $49.2M for the second quarter 2026 (Q2 2026), +13% from a year earlier and +14% from the quarter before.

Was SBC Medical Group Holdings profitable in the second quarter 2026?

Operating profit was $19.0M (38.5% of revenue) and net earnings $10.7M.

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Source: SBC Medical Group Holdings 10-Q on SEC EDGAR.