Filing Flows › Viemed Healthcare (VMD) › Q2 2026
Viemed Healthcare (VMD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
Viemed Healthcare (VMD) reported revenue of $78.1M for the second quarter 2026 (Q2 2026), +24% from a year earlier and +4% from the quarter before. Operating margin was 5.7%, net earnings $2.8M (3.5% of revenue).
Viemed Healthcare, Q2 2026: revenue $78.1M (+24% year over year), operating margin 5.7%, net earnings $2.8M, operating cash flow $15.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $78.1M | +4% | +24% |
| Gross profit | $45.0M | +5% | +23% |
| Operating profit | $4.5M | +4% | -12% |
| Net earnings | $2.8M | +7% | -12% |
| Operating cash flow | $15.9M | +97% | +30% |
| Free cash flow | $8.6M | — | — |
What changed
Revenue was $78.1M in Q2 2026, up 24% year over year and up 4% from the previous quarter.
Gross margin was 57.7%, down 0.6 points from Q2 2025. Operating profit was $4.5M, a 5.7% margin (down 2.4 points year over year). Operating profit fell $634K even though revenue rose $15.0M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 28% against revenue growth of 24%. The fastest-growing cost line was Other operating costs (+49%). Net earnings were $2.8M, down 12% year over year. The effective tax rate was 28.4%.
Operating cash flow was $15.9M (up 30% year over year), 548% of net income including minority interests. Non-cash charges added back $7.5M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items added $3.5M. After purchase of property and equipment, net ($7.3M), free cash flow as the company reports it was $8.6M.
Questions
What was Viemed Healthcare's revenue in the second quarter 2026?
Viemed Healthcare (VMD) reported revenue of $78.1M for the second quarter 2026 (Q2 2026), +24% from a year earlier and +4% from the quarter before.
Was Viemed Healthcare profitable in the second quarter 2026?
Operating profit was $4.5M (5.7% of revenue) and net earnings $2.8M.
Source: Viemed Healthcare 10-Q on SEC EDGAR.