AdaptHealth (AHCO) Operating Expenses (2018 - 2026)

AdaptHealth has reported Operating Expenses for 9 years, with the latest figure at $814.3 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 7.9% year-over-year to $814.3 million; the trailing twelve-month figure through Mar 2026 stood at $3.2 billion (up 7.85% YoY), and the FY2025 full-year result was $3.2 billion, up 6.32% from the prior year.
• Operating Expenses for Q1 2026 stood at $814.3 million, down from $919.9 million in the prior quarter.
• The five-year high for Operating Expenses was $1.3 billion in Q3 2023, with the low at $654.7 million in Q1 2022.
• Average Operating Expenses over 5 years is $798.6 million, with a median of $753.6 million recorded in 2022.
• Year-over-year, Operating Expenses jumped 79.81% in 2023 and slumped 41.32% in 2024.
• Tracing AHCO's Operating Expenses over 5 years: stood at $753.6 million in 2022, then surged by 42.8% to $1.1 billion in 2023, then dropped by 29.47% to $759.0 million in 2024, then rose by 21.21% to $919.9 million in 2025, then decreased by 11.48% to $814.3 million in 2026.
• The last three Operating Expenses figures came in at $814.3 million (Q1 2026), $919.9 million (Q4 2025), and $758.6 million (Q3 2025), per Business Quant data.

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