BrightSpring Health Services (BTSG) Cost of Revenue (2023 - 2026)
BrightSpring Health Services (BTSG) posted quarterly Cost of Revenue of $271.4 million for Q2 2026, up 25.39% year-over-year from $216.4 million in Q2 2025, and up 4.02% on a QoQ basis from $260.9 million in Q1 2026.
BrightSpring Health Services (BTSG) Cost of Revenue (2023 - 2026) Analysis & Trends
BrightSpring Health Services has reported Cost of Revenue for 4 years, with the latest figure at $271.4 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $271.4 million, up 25.39% year-over-year; the trailing twelve-month figure through Jun 2026 was $989.7 million (up 17.15% YoY), and the FY2025 annual result was $885.4 million, up 11.05% from the prior year.
- Cost of Revenue climbed to $271.4 million in Q2 2026, from $260.9 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.9 billion in Q3 2023 and troughed at -$4.7 billion in Q4 2023.
- A 4-year average of $209.0 million and a median of $218.6 million in 2025 frame the typical range for Cost of Revenue.
- The largest YoY upside for Cost of Revenue was 104.62% in 2024 against a maximum downside of 89.41% in 2024.
- A 4-year view of Cost of Revenue shows it stood at -$4.7 billion in 2023, then surged by 104.62% to $215.8 million in 2024, then grew by 9.64% to $236.6 million in 2025, then gained by 14.72% to $271.4 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $271.4 million in Q2 2026, $260.9 million in Q1 2026, and $236.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 40.11 Bn | 32.80 Bn | 662.02 Mn | 220.92 Mn |
| 2 | BrightSpring Health Services | 12.26 Bn | 11.70 Bn | 492.75 Mn | 271.40 Mn |
| 3 | Healthequity | 8.80 Bn | 8.53 Bn | 256.31 Mn | 98.33 Mn |
| 4 | 10x Genomics | 8.39 Bn | 7.84 Bn | 112.50 Mn | 38.54 Mn |
| 5 | Hinge Health | 7.03 Bn | 6.65 Bn | 183.95 Mn | 28.87 Mn |
| 6 | MiniMed | 5.12 Bn | 4.82 Bn | 480.00 Mn | 357.00 Mn |
| 7 | Waystar Holding | 4.86 Bn | 4.67 Bn | 221.99 Mn | 97.69 Mn |
| 8 | Doximity | 4.60 Bn | 3.91 Bn | 132.93 Mn | 23.69 Mn |
| 9 | Heartflow | 4.38 Bn | 4.00 Bn | 53.19 Mn | 10.89 Mn |
| 10 | Privia Health | 2.65 Bn | 2.24 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 271.40 Mn |
| Jun 30, 2026 | 271.40 Mn |
| 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 |