BrightSpring Health Services (BTSG) Net Margin (2023 - 2026)
BrightSpring Health Services (BTSG) posted Net Margin of 4.12% for Q1 2026, up 90.89% on a QoQ basis from 2.16% in Q4 2025, and up 309.0% year-over-year from 1.01% in Q1 2025.
BrightSpring Health Services (BTSG) Net Margin (2023 - 2026) Analysis & Trends
BrightSpring Health Services' Net Margin history runs 4 years deep, the most recent figure standing at 4.12% for Q1 2026.
- Quarterly Net Margin rose 309.0% year-over-year to 4.12% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.27% (up 174.0% YoY) and the FY2025 annual result came in at 1.47%, up 166.0% from the prior year.
- Net Margin was 4.12% for Q1 2026 at BrightSpring Health Services, up from 2.16% in the prior quarter.
- Across five years, Net Margin topped out at 4.12% in Q1 2026 and bottomed at 5.79% in Q3 2023.
- A 4-year average of 0.13% and a median of 0.58% in 2024 frame the typical range for Net Margin.
- Peak annual rise in Net Margin reached 547 bps in 2024, while the deepest fall reached 95 bps in 2024.
- BrightSpring Health Services' Net Margin stood at 0.53% in 2023, then soared by 209 bps to 0.58% in 2024, then jumped by 275 bps to 2.16% in 2025, then soared by 91 bps to 4.12% in 2026.
- Business Quant data shows BTSG's Net Margin at 4.12% in Q1 2026, 2.16% in Q4 2025, and 1.69% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 4.12% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 19.57% |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | -8.93% |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 18.66% |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -22.10% |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 13.79% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 13.15% |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 0.61% |
| 10 | Omnicell | 1.81 Bn | 1.57 Bn | 140.36 Mn | 3.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.12% |
| Dec 31, 2025 | 2.16% |
| Sep 30, 2025 | 1.69% |
| Jun 30, 2025 | 0.89% |
| Mar 31, 2025 | 1.02% |
| Dec 31, 2024 | 0.58% |
| Sep 30, 2024 | -0.32% |
| Jun 30, 2024 | 0.81% |
| Mar 31, 2024 | -2.01% |
| Dec 31, 2023 | -0.53% |
| Sep 30, 2023 | -5.79% |
| Jun 30, 2023 | 0.18% |
| Mar 31, 2023 | -1.05% |