BrightSpring Health Services (BTSG) Cost of Revenue (2023 - 2026)
BrightSpring Health Services (BTSG) posted Cost of Revenue of $260.9 million for Q1 2026, up 10.29% on a QoQ basis from $236.6 million in Q4 2025, and up 23.34% year-over-year from $211.5 million in Q1 2025.
BrightSpring Health Services (BTSG) Cost of Revenue (2023 - 2026) Analysis & Trends
BrightSpring Health Services' Cost of Revenue history runs 4 years deep, the most recent figure standing at $260.9 million for Q1 2026.
- Quarterly Cost of Revenue rose 23.34% year-over-year to $260.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $934.7 million (up 13.62% YoY) and the FY2025 annual result came in at $885.4 million, up 11.05% from the prior year.
- Cost of Revenue was $260.9 million for Q1 2026 at BrightSpring Health Services, 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.
- A 4-year average of $204.2 million and a median of $216.4 million in 2025 frame the typical range for Cost of Revenue.
- Peak annual rise in Cost of Revenue reached 104.62% in 2024, while the deepest fall reached 89.41% in 2024.
- BrightSpring Health Services' Cost of Revenue stood at -$4.7 billion in 2023, then jumped by 104.62% to $215.8 million in 2024, then rose by 9.64% to $236.6 million in 2025, then grew by 10.29% to $260.9 million in 2026.
- Business Quant data shows BTSG's Cost of Revenue at $260.9 million in Q1 2026, $236.6 million in Q4 2025, and $220.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.81 Bn | 24.49 Bn | 662.02 Mn | 220.92 Mn |
| 2 | BrightSpring Health Services | 14.76 Bn | 13.86 Bn | 482.22 Mn | 260.92 Mn |
| 3 | Healthequity | 8.36 Bn | 8.10 Bn | 256.31 Mn | 98.33 Mn |
| 4 | Hinge Health | 5.91 Bn | 5.60 Bn | 154.23 Mn | 28.07 Mn |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn | 44.67 Mn |
| 6 | MiniMed | 4.45 Bn | 4.16 Bn | 480.00 Mn | 357.00 Mn |
| 7 | Waystar Holding | 4.41 Bn | 4.35 Bn | 216.84 Mn | 97.04 Mn |
| 8 | Doximity | 3.93 Bn | 3.18 Bn | 125.97 Mn | 19.41 Mn |
| 9 | Privia Health | 3.10 Bn | 2.68 Bn | - | - |
| 10 | Omnicell | 1.89 Bn | 1.65 Bn | 140.36 Mn | 169.52 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 |