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AdaptHealth (AHCO) Operating Expenses (2018 - 2025)

AdaptHealth (AHCO) has 8 years of Operating Expenses data on record, last reported at $919.9 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 21.21% year-over-year to $919.9 million; the TTM value through Dec 2025 reached $3.2 billion, up 6.32%, while the annual FY2025 figure was $3.2 billion, 6.32% up from the prior year.
  • Operating Expenses reached $919.9 million in Q4 2025 per AHCO's latest filing, up from $758.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.3 billion in Q3 2023 and bottomed at $466.7 million in Q1 2021.
  • Average Operating Expenses over 5 years is $750.1 million, with a median of $742.2 million recorded in 2024.
  • Peak YoY movement for Operating Expenses: skyrocketed 155.79% in 2021, then tumbled 41.32% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $643.6 million in 2021, then increased by 17.08% to $753.6 million in 2022, then skyrocketed by 42.8% to $1.1 billion in 2023, then fell by 29.47% to $759.0 million in 2024, then increased by 21.21% to $919.9 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $919.9 million in Q4 2025, $758.6 million in Q3 2025, and $753.3 million in Q2 2025.