BrightSpring Health Services (BTSG) Net Margin (2023 - 2026)
BrightSpring Health Services posted quarterly Net Margin of 2.06% for Q1 2026, up 137.0% year-on-year from 0.87% in Q1 2025, and up 162.99% on a QoQ basis from 0.78% in Q4 2025.
BrightSpring Health Services (BTSG) has 4 years of Net Margin data on file, last reported at 2.06% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 137.0% year-over-year to 2.06%; the trailing twelve-month figure through Mar 2026 stood at 1.02% (up 47.0% YoY), and the FY2025 full-year result was 0.65%, up 17.0% from the prior year.
- Net Margin for Q1 2026 stood at 2.06%, up from 0.78% in the prior quarter.
- Across five years, Net Margin topped out at 2.06% in Q1 2026 and bottomed at 5.77% in Q3 2023.
- The 4-year median for Net Margin is 0.45% (2024), against an average of 0.24%.
- The widest annual swing landed in 2024, when Net Margin surged 641 bps; it then fell 11 bps in 2025.
- A 4-year view of Net Margin shows it stood at 2.97% in 2023, then jumped by 114 bps to 0.4% in 2024, then jumped by 93 bps to 0.78% in 2025, then soared by 163 bps to 2.06% in 2026.
- The last three Net Margin figures came in at 2.06% (Q1 2026), 0.78% (Q4 2025), and 0.53% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 29.21% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.06% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 19.57% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 18.66% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 13.15% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 13.80% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -8.93% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 0.61% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 3.68% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -10.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.06% |
| Dec 31, 2025 | 0.78% |
| Sep 30, 2025 | 0.53% |
| Jun 30, 2025 | 0.60% |
| Mar 31, 2025 | 0.69% |
| Dec 31, 2024 | 0.40% |
| Sep 30, 2024 | 0.64% |
| Jun 30, 2024 | 0.45% |
| Mar 31, 2024 | 0.42% |
| Dec 31, 2023 | -2.97% |
| Sep 30, 2023 | -5.77% |
| Jun 30, 2023 | 0.13% |
| Mar 31, 2023 | -1.10% |