Ardent Health (ARDT) Operating Expenses (2023 - 2026)

Ardent Health (ARDT) posted quarterly Operating Expenses of $1.5 billion for Q1 2026, up 7.33% year-over-year from $1.4 billion in Q1 2025, and up 0.96% quarter-over-quarter from $1.5 billion in Q4 2025.

Ardent Health (ARDT) Operating Expenses (2023 - 2026) Analysis & Trends

Ardent Health's Operating Expenses history runs 4 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

  • In Q1 2026, Operating Expenses rose 7.33% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $6.1 billion (up 8.84% YoY), while the FY2025 annual figure was $6.0 billion, up 7.76% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.5 billion, up from $1.5 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.6 billion in Q3 2025, with the low at $1.3 billion in Q2 2023.
  • The 4-year median for Operating Expenses is $1.4 billion (2024), against an average of $1.4 billion.
  • Peak annual rise in Operating Expenses reached 13.37% in 2025, while the deepest fall reached 2.93% in 2025.
  • Ardent Health's Operating Expenses stood at $1.3 billion in 2023, then advanced by 7.62% to $1.4 billion in 2024, then grew by 5.12% to $1.5 billion in 2025, then advanced by 0.96% to $1.5 billion in 2026.
  • Business Quant data shows ARDT's Operating Expenses at $1.5 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.6 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn 17.74 Bn
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn 3.00 Mn
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn 1.31 Bn
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn 2.98 Bn
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn 1.32 Bn
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 4.12 Bn
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 1.32 Bn
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn 584.05 Mn
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn 490.51 Mn
10 Ardent Health 1.55 Bn 1.22 Bn 1.34 Bn 1.58 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.58 Bn
Mar 31, 2026 1.53 Bn
Dec 31, 2025 1.51 Bn
Sep 30, 2025 1.58 Bn
Jun 30, 2025 1.52 Bn
Mar 31, 2025 1.42 Bn
Dec 31, 2024 1.44 Bn
Sep 30, 2024 1.39 Bn
Jun 30, 2024 1.39 Bn
Mar 31, 2024 1.38 Bn
Dec 31, 2023 1.34 Bn
Sep 30, 2023 1.33 Bn
Jun 30, 2023 1.30 Bn