BrightSpring Health Services (BTSG) FCF Margin (2023 - 2026)
BrightSpring Health Services (BTSG) posted quarterly FCF Margin of 0.38% for Q2 2026, down 40.0% year-over-year from 0.64% in Q2 2025, and down 86.3% on a QoQ basis from 2.81% in Q1 2026.
BrightSpring Health Services (BTSG) FCF Margin (2023 - 2026) Analysis & Trends
BrightSpring Health Services has reported FCF Margin for 4 years, with the latest figure at 0.38% in Q2 2026.
- FCF Margin for Q2 2026 came in at 0.38%, down 40.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 2.8% (up 112.0% YoY), and the FY2025 annual result was 3.06%, up 362.0% from the prior year.
- FCF Margin declined to 0.38% in Q2 2026, from 2.81% in the prior quarter.
- Over five years, FCF Margin peaked at 11.75% in Q4 2023 and troughed at 4.4% in Q1 2024.
- A 4-year average of 1.68% and a median of 0.94% in 2025 frame the typical range for FCF Margin.
- The widest annual swing landed in 2024, when FCF Margin slumped 900 bps; it then soared 732 bps in 2025.
- A 4-year view of FCF Margin shows it stood at 11.75% in 2023, then sank by 77 bps to 2.74% in 2024, then soared by 99 bps to 5.46% in 2025, then plunged by 93 bps to 0.38% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 0.38% in Q2 2026, 2.81% in Q1 2026, and 5.46% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 127.46% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 0.38% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 23.01% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 10.19% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 46.84% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -27.00% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 13.54% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 25.33% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | - |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 0.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38% |
| Mar 31, 2026 | 2.81% |
| Dec 31, 2025 | 7.96% |
| Sep 30, 2025 | 1.63% |
| Jun 30, 2025 | 1.99% |
| Mar 31, 2025 | 2.92% |
| Dec 31, 2024 | 0.48% |
| Sep 30, 2024 | 2.66% |
| Jun 30, 2024 | -2.45% |
| Mar 31, 2024 | -3.49% |
| Dec 31, 2023 | 7.97% |
| Sep 30, 2023 | 1.53% |
| Jun 30, 2023 | -1.52% |
| Mar 31, 2023 | 1.82% |