AdaptHealth (AHCO) Operating Expenses (2018 - 2026)

AdaptHealth's Operating Expenses history runs 9 years deep, the most recent figure standing at $814.3 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 7.9% year-over-year to $814.3 million in Q1 2026; TTM through Mar 2026 was $3.2 billion, a 7.85% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, up 6.32% from the prior year.
• Operating Expenses fell to $814.3 million in Q1 2026 per AHCO's latest filing, from $919.9 million in the prior quarter.
• Across five years, Operating Expenses topped out at $1.3 billion in Q3 2023 and bottomed at $654.7 million in Q1 2022.
• The 5-year median for Operating Expenses is $753.6 million (2022), against an average of $798.6 million.
• Across the five-year window, Operating Expenses jumped 79.81% in 2023 and slumped 41.32% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $753.6 million in 2022, then jumped by 42.8% to $1.1 billion in 2023, then slipped by 29.47% to $759.0 million in 2024, then increased by 21.21% to $919.9 million in 2025, then retreated by 11.48% to $814.3 million in 2026.
• Per Business Quant, the three latest AHCO Operating Expenses figures stand at $814.3 million (Q1 2026), $919.9 million (Q4 2025), and $758.6 million (Q3 2025).