Pacs (PACS) Cost of Revenue (2023 - 2026)
Pacs (PACS) reported Cost of Revenue of $1.09 billion for Q2 2026, up 6.7% from $1.02 billion a year earlier and up 1.4% from the prior quarter.
Pacs (PACS) Cost of Revenue (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Pacs' Cost of Revenue came in at $4.25 billion, up 10.5% year-over-year; for FY2025, it was $4.13 billion, up 25.3% from FY2024.
- Cost of Revenue has increased for three consecutive years, with a three-year compound annual growth rate of 30.4% (FY2022 to FY2025).
- By year, Cost of Revenue came in at $3.3 billion in FY2024 (+34.7%), $2.45 billion in FY2023 (+31.5%) and $1.86 billion in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue in data going back to Q1 2023.
- Year over year, Cost of Revenue has now increased in each of the last ten quarters, with growth averaging 23.8% over the last eight quarters.
- The year-over-year growth in Cost of Revenue has ranged between 5.0% (Q1 2026) and 39.7% (Q4 2024) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.07 billion (Q1 2026), $1.04 billion (Q4 2025) and $1.05 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - | - |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn | 267.56 Mn |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn | 2.02 Bn |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn | 2.62 Bn |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn | 115.95 Mn |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - | - |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn | 135.99 Mn |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn | 271.40 Mn |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - | - |
| 10 | Pacs | 6.79 Bn | 5.83 Bn | 338.46 Mn | 1.09 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 Bn |
| Mar 31, 2026 | 1.07 Bn |
| Dec 31, 2025 | 1.04 Bn |
| Sep 30, 2025 | 1.05 Bn |
| Jun 30, 2025 | 1.02 Bn |
| Mar 31, 2025 | 1.02 Bn |
| Dec 31, 2024 | 949.35 Mn |
| Sep 30, 2024 | 849.60 Mn |
| Jun 30, 2024 | 762.15 Mn |
| Mar 31, 2024 | 735.99 Mn |
| Dec 31, 2023 | 679.64 Mn |
| Sep 30, 2023 | 638.49 Mn |
| Jun 30, 2023 | 590.82 Mn |
| Mar 31, 2023 | 538.77 Mn |
Pacs Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PACS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PACS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PACS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();