AdaptHealth (AHCO) Gross Margin (2019 - 2026)

AdaptHealth has reported Gross Margin for 8 years, with the latest figure at 14.08% in Q2 2026.

• On a quarterly basis, Gross Margin fell 659.0% year-over-year to 14.08% in Q2 2026; TTM through Jun 2026 was 17.04%, a 267.0% decrease from a year earlier, with the FY2025 full-year figure at 18.77%, down 211.0% from the prior year.
• Gross Margin was 14.08% for Q2 2026 at AdaptHealth, up from 13.6% in the prior quarter.
• The five-year high for Gross Margin was 35.47% in Q4 2023, with the low at 11.98% in Q1 2023.
• Average Gross Margin over 5 years is 18.94%, with a median of 17.95% recorded in 2022.
• The sharpest annual moves came in 2022 and 2024: Gross Margin jumped 1549 bps in 2022, then plunged 1303 bps in 2024.
• Over 5 years, Gross Margin stood at 31.23% in 2022, then climbed by 14 bps to 35.47% in 2023, then sank by 37 bps to 22.44% in 2024, then slipped by 9 bps to 20.34% in 2025, then tumbled by 31 bps to 14.08% in 2026.
• The last three Gross Margin figures came in at 14.08% (Q2 2026), 13.6% (Q1 2026), and 20.34% (Q4 2025), per Business Quant data.