BrightSpring Health Services (BTSG) Change in Receivables (2023 - 2026)
BrightSpring Health Services (BTSG) recorded Change in Receivables of $83.37 million in Q3 2026, up 67.0% from $49.93 million a year earlier and up 116.8% from the prior quarter.
BrightSpring Health Services (BTSG) Change in Receivables (2023 - 2026) Analysis & Trends
On a TTM basis, BrightSpring Health Services' Change in Receivables came in at $204.55 million as of Sep 30, 2026, up 15.1% year-over-year; for FY2025, it came in at $131.29 million, down 26.7% from FY2024.
- Annual Change in Receivables has a three-year compound annual growth rate of -4.4% (FY2022 to FY2025).
- Across earlier years, Change in Receivables came in at $179.04 million in FY2024 (+40.7%), $127.25 million in FY2023 (-15.4%) and $150.47 million in FY2022.
- Quarterly Change in Receivables has ranged from -$31.4 million in Q4 2025 to $115.58 million in Q1 2024 over the past five years.
- On a year-over-year basis, Change in Receivables has increased for three consecutive quarters, with growth averaging 22.9% over the last six quarters.
- Peak year-over-year performance for Change in Receivables in the last five years was growth of 346.8% in Q3 2024, against a decline of 31.3% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $38.45 million (Q2 2026), $114.13 million (Q1 2026) and -$31.4 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | -782.00 Mn |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | 49.39 Mn |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 70.20 Mn |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 49.00 Mn |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | -22.00 Mn |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | 42.46 Mn |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 83.37 Mn |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | 21.27 Mn |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 26.10 Mn |
| 10 | Davita | 12.21 Bn | 9.59 Bn | 1.13 Bn | 43.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 83.37 Mn |
| Jun 30, 2026 | 38.45 Mn |
| Mar 31, 2026 | 114.13 Mn |
| Dec 31, 2025 | -31.40 Mn |
| Sep 30, 2025 | 49.93 Mn |
| Jun 30, 2025 | 33.31 Mn |
| Mar 31, 2025 | 79.45 Mn |
| Dec 31, 2024 | 15.04 Mn |
| Sep 30, 2024 | 51.47 Mn |
| Jun 30, 2024 | -3.05 Mn |
| Mar 31, 2024 | 115.58 Mn |
| Dec 31, 2023 | 10.32 Mn |
| Sep 30, 2023 | 11.52 Mn |
| Jun 30, 2023 | 51.37 Mn |
| Mar 31, 2023 | 54.04 Mn |
BrightSpring Health Services Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=BTSG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "BTSG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=BTSG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();