Cash Flow Statement
Growth Metrics

AdaptHealth (AHCO) Operating Income (2018 - 2026)

AdaptHealth's quarterly Operating Income came in at $5.5 million in Q1 2026, down 76.31% year-on-year from $23.2 million in Q1 2025, and up 107.49% quarter-over-quarter from -$73.3 million in Q4 2025.

AdaptHealth has reported Operating Income for 9 years, with the latest figure at $5.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 76.31% year-over-year to $5.5 million; the trailing twelve-month figure through Mar 2026 stood at $73.2 million (down 69.04% YoY), and the FY2025 full-year result was $90.9 million, down 65.54% from the prior year.
  • Operating Income for Q1 2026 stood at $5.5 million, up from -$73.3 million in the prior quarter.
  • The five-year high for Operating Income was $97.7 million in Q4 2024, with the low at -$461.0 million in Q3 2023.
  • Average Operating Income over 5 years is -$2.8 million, with a median of $51.6 million recorded in 2022.
  • Year-over-year, Operating Income jumped 234.56% in 2022 and sank 970.72% in 2023.
  • Tracing AHCO's Operating Income over 5 years: stood at $26.7 million in 2022, then tumbled by 914.77% to -$217.8 million in 2023, then jumped by 144.84% to $97.7 million in 2024, then tumbled by 175.03% to -$73.3 million in 2025, then surged by 107.49% to $5.5 million in 2026.
  • The last three Operating Income figures came in at $5.5 million (Q1 2026), -$73.3 million (Q4 2025), and $61.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 1.35 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 936.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 1.46 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 1.10 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 477.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 282.15 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 255.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 515.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 316.80 Mn
10 AdaptHealth 1.35 Bn 1.31 Bn 111.50 Mn 5.49 Mn

Historic Data

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DateValue
Mar 31, 2026 5.49 Mn
Dec 31, 2025 -73.28 Mn
Sep 30, 2025 61.73 Mn
Jun 30, 2025 79.25 Mn
Mar 31, 2025 23.17 Mn
Dec 31, 2024 97.67 Mn
Sep 30, 2024 63.49 Mn
Jun 30, 2024 52.05 Mn
Mar 31, 2024 50.53 Mn
Dec 31, 2023 -217.80 Mn
Sep 30, 2023 -461.04 Mn
Jun 30, 2023 54.26 Mn
Mar 31, 2023 26.18 Mn
Dec 31, 2022 26.73 Mn
Sep 30, 2022 52.95 Mn
Jun 30, 2022 59.18 Mn
Mar 31, 2022 51.55 Mn
Dec 31, 2021 69.08 Mn
Sep 30, 2021 75.71 Mn
Jun 30, 2021 65.41 Mn
Mar 31, 2021 15.41 Mn
Dec 31, 2020 34.30 Mn
Sep 30, 2020 13.26 Mn
Jun 30, 2020 15.57 Mn
Mar 31, 2020 8.22 Mn
Dec 31, 2019 396,000.00
Sep 30, 2019 8.72 Mn
Jun 30, 2019 14.91 Mn
Mar 31, 2019 5.35 Mn
Dec 31, 2018 31.84 Mn
Sep 30, 2018 -444,751.00
Jun 30, 2018 -234,405.00
Mar 31, 2018 -72,527.00