BrightSpring Health Services (BTSG) Net Margin (2023 - 2026)
BrightSpring Health Services (BTSG) posted quarterly Net Margin of 2.18% for Q2 2026, up 129.0% year-over-year from 0.95% in Q2 2025, and down 47.13% on a QoQ basis from 4.12% in Q1 2026.
BrightSpring Health Services (BTSG) Net Margin (2023 - 2026) Analysis & Trends
BrightSpring Health Services has reported Net Margin for 4 years, with the latest figure at 2.18% in Q2 2026.
- Net Margin for Q2 2026 came in at 2.18%, up 129.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 2.55% (up 198.0% YoY), and the FY2025 annual result was 1.47%, up 166.0% from the prior year.
- Net Margin slipped to 2.18% in Q2 2026, from 4.12% in the prior quarter.
- Over five years, Net Margin peaked at 4.12% in Q1 2026 and troughed at 5.79% in Q3 2023.
- A 4-year average of 0.28% and a median of 0.69% in 2024 frame the typical range for Net Margin.
- The largest YoY upside for Net Margin was 547 bps in 2024 against a maximum downside of 95 bps in 2024.
- A 4-year view of Net Margin shows it stood at 0.53% in 2023, then jumped by 209 bps to 0.58% in 2024, then jumped by 275 bps to 2.16% in 2025, then advanced by 1 bps to 2.18% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 2.18% in Q2 2026, 4.12% in Q1 2026, and 2.16% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.18% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 19.57% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -11.87% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 20.25% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -22.10% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 12.78% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 15.53% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -24.57% |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 1.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.18% |
| 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% |