Filing Flows › Tenet Healthcare (THC) › Q2 2026 › vs Q2 2025
Tenet Healthcare (THC) Q2 2026 vs Q2 2025 (year over year)
Tenet Healthcare's revenue rose $357M (+7%) from $5.3B in Q2 2025 to $5.6B in Q2 2026. Operating margin 26.7% against 15.6% (+11.1 pts).
Tenet Healthcare, Q2 2026: revenue $5.6B (+7% year over year), operating margin 26.7%, net earnings $826M, operating cash flow $585M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 26.7% | 15.6% | +11.1 pts |
| Net margin | 14.7% | 5.5% | +9.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $5.6B | $5.3B | $357M | +7% |
| Operating profit | $1.5B | $823M | $678M | +82% |
| Costs & expenses | $4.1B | $4.4B | −$321M | -7% |
| Pre-tax earnings | $1.3B | $642M | $698M | +109% |
| Other expense, net | $161M | $181M | −$20.0M | -11% |
| Net earnings | $826M | $288M | $538M | +187% |
| Minority interests | $219M | $234M | −$15.0M | -6% |
| Income tax | $295M | $120M | $175M | +146% |
| Depreciation & amortization | $215M | $208M | $7.0M | +3% |
| Share-based compensation | $44.0M | $20.0M | $24.0M | +120% |
| Working capital & other | $500M | −$420M | $920M | — |
| Operating cash flow | $585M | $936M | −$351M | -38% |
Questions
How much did Tenet Healthcare's revenue grow year over year in Q2 2026?
Tenet Healthcare's revenue rose $357M (+7%) from $5.3B in Q2 2025 to $5.6B in Q2 2026. Operating margin 26.7% against 15.6% (+11.1 pts).