BrightSpring Health Services (BTSG) Cost of Revenue (2023 - 2026)
BrightSpring Health Services posted quarterly Cost of Revenue of $260.9 million for Q1 2026, up 23.34% year-on-year from $211.5 million in Q1 2025, and up 10.29% on a QoQ basis from $236.6 million in Q4 2025.
BrightSpring Health Services (BTSG) has 4 years of Cost of Revenue data on file, last reported at $260.9 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 23.34% year-over-year to $260.9 million; the trailing twelve-month figure through Mar 2026 stood at $934.7 million (up 13.62% YoY), and the FY2025 full-year result was $885.4 million, up 11.05% from the prior year.
- Cost of Revenue for Q1 2026 stood at $260.9 million, up from $236.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.9 billion in Q3 2023 and bottomed at -$4.7 billion in Q4 2023.
- The 4-year median for Cost of Revenue is $216.4 million (2025), against an average of $103.7 million.
- Peak annual rise in Cost of Revenue reached 104.62% in 2024, while the deepest fall reached 89.41% in 2024.
- A 4-year view of Cost of Revenue shows it stood at -$4.7 billion in 2023, then soared by 104.62% to $215.8 million in 2024, then increased by 9.64% to $236.6 million in 2025, then climbed by 10.29% to $260.9 million in 2026.
- The last three Cost of Revenue figures came in at $260.9 million (Q1 2026), $236.6 million (Q4 2025), and $220.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 110.18 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 260.92 Mn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 26.83 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 28.07 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 112.73 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 45.83 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 44.67 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 8.13 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 169.52 Mn |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 51.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 260.92 Mn |
| Mar 31, 2026 | 260.92 Mn |
| Dec 31, 2025 | 236.58 Mn |
| Dec 31, 2025 | 236.58 Mn |
| Sep 30, 2025 | 220.78 Mn |
| Sep 30, 2025 | 220.78 Mn |
| Jun 30, 2025 | 216.44 Mn |
| Jun 30, 2025 | 216.44 Mn |
| Mar 31, 2025 | 211.55 Mn |
| Mar 31, 2025 | 211.55 Mn |
| Dec 31, 2024 | 215.78 Mn |
| Dec 31, 2024 | 215.78 Mn |
| Sep 30, 2024 | 201.02 Mn |
| Sep 30, 2024 | 201.02 Mn |
| Jun 30, 2024 | 194.32 Mn |
| Jun 30, 2024 | 194.32 Mn |
| Mar 31, 2024 | 186.18 Mn |
| Mar 31, 2024 | 186.18 Mn |
| Dec 31, 2023 | -4.68 Bn |
| Dec 31, 2023 | -4.68 Bn |
| Sep 30, 2023 | 1.90 Bn |
| Sep 30, 2023 | 1.90 Bn |
| Jun 30, 2023 | 1.79 Bn |
| Jun 30, 2023 | 1.79 Bn |
| Mar 31, 2023 | 386.68 Mn |
| Mar 31, 2023 | 386.68 Mn |