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Filing Flows › Tenet Healthcare (THC) › Q3 2026 › vs Q2 2026

Tenet Healthcare (THC) Q3 2026 vs Q2 2026 (quarter over quarter)

Tenet Healthcare's revenue rose $3.0M (+0.1%) from $5.6B in Q2 2026 to $5.6B in Q3 2026. Operating margin 31.1% against 26.7% (+4.4 pts).

Tenet Healthcare, Q3 2026: revenue $5.6B (+6% year over year), operating margin 31.1%, net earnings $1.0B, operating cash flow $1.3B. The chart draws each line against Q2 2026, the increases inside each band.

Tenet Healthcare: what changed, Q3 2026 vs Q2 2026Tenet Healthcare: what changed, Q3 2026 vs Q2 2026Operating cash flow$696MWorking capital & other$529MOperating profit$249MCosts & expenses−$246MPre-tax earnings$239MNet earnings$174MIncome tax$65.0MOther expense, net$10.0MShare-based compensation−$9.0MDepreciation & amortization$2.0M

Margins

Q3 2026Q2 2026Change
Operating margin31.1%26.7%+4.4 pts
Net margin17.8%14.7%+3.1 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$5.6B$5.6B$3.0M+0.1%
Operating profit$1.8B$1.5B$249M+17%
Costs & expenses$3.9B$4.1B−$246M-6%
Pre-tax earnings$1.6B$1.3B$239M+18%
Other expense, net$171M$161M$10.0M+6%
Net earnings$1.0B$826M$174M+21%
Minority interests$219M$219M$00%
Income tax$360M$295M$65.0M+22%
Depreciation & amortization$217M$215M$2.0M+0.9%
Share-based compensation$35.0M$44.0M−$9.0M-20%
Working capital & other$29.0M−$500M$529M—
Operating cash flow$1.3B$585M$696M+119%

Questions

How much did Tenet Healthcare's revenue grow quarter over quarter in Q3 2026?

Tenet Healthcare's revenue rose $3.0M (+0.1%) from $5.6B in Q2 2026 to $5.6B in Q3 2026. Operating margin 31.1% against 26.7% (+4.4 pts).

Q3 2026 results → · Compare in the interactive Sankey →