Tenet Healthcare (THC) Revenue (2009 - 2026)
Tenet Healthcare's Revenue was $5.63 billion in Q2 2026, up 6.8% from $5.27 billion a year earlier and up 4.8% from the prior quarter.
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Analysis
Tenet Healthcare (THC) Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tenet Healthcare's Revenue was $21.81 billion through Jun 30, 2026, up 5.4% year-over-year; for FY2025, it was $21.31 billion, up 3.1% from FY2024.
- Revenue has now increased for three consecutive years, with a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- In earlier years, Revenue was $20.68 billion in FY2024 (+0.5%), $20.56 billion in FY2023 (+7.2%), $19.17 billion in FY2022 (-1.6%) and $19.49 billion in FY2021 (+10.5%).
- The Q2 2026 figure marks the highest quarterly Revenue in data going back to Q2 2009.
- Compared with a year earlier, Revenue has increased for five straight quarters, with growth averaging 2.2% over the last eight quarters.
- The best year-over-year quarter for Revenue over five years was Q2 2023 (growth of 9.6%); the worst was Q2 2022 (a decline of 6.4%).
- Per Business Quant data, THC's Revenue in the three quarters before Q2 2026 was $5.37 billion (Q1 2026), $5.53 billion (Q4 2025) and $5.29 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 20.23 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 752.75 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 3.04 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 3.73 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 334.98 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 5.63 Bn |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 382.49 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 1.60 Bn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 3.55 Bn |
| 10 | BrightSpring Health Services | 11.17 Bn | 9.51 Bn | 492.75 Mn | 3.87 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.63 Bn |
| Mar 31, 2026 | 5.37 Bn |
| Dec 31, 2025 | 5.53 Bn |
| Sep 30, 2025 | 5.29 Bn |
| Jun 30, 2025 | 5.27 Bn |
| Mar 31, 2025 | 5.22 Bn |
| Dec 31, 2024 | 5.07 Bn |
| Sep 30, 2024 | 5.13 Bn |
| Jun 30, 2024 | 5.11 Bn |
| Mar 31, 2024 | 5.37 Bn |
| Dec 31, 2023 | 5.40 Bn |
| Sep 30, 2023 | 5.07 Bn |
| Jun 30, 2023 | 5.08 Bn |
| Mar 31, 2023 | 5.02 Bn |
| Dec 31, 2022 | 4.99 Bn |
| Sep 30, 2022 | 4.80 Bn |
| Jun 30, 2022 | 4.64 Bn |
| Mar 31, 2022 | 4.75 Bn |
| Dec 31, 2021 | 4.86 Bn |
| Sep 30, 2021 | 4.89 Bn |
API Access
Tenet Healthcare 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=revenue&ticker=THC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "THC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();