U S Physical Therapy (USPH) Accumulated Expenses (2010 - 2026)
U S Physical Therapy (USPH) reported Accumulated Expenses of $45.42 million for Q2 2026, down 30.6% from $65.44 million a year earlier and down 20.3% from the prior quarter.
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Analysis
U S Physical Therapy (USPH) Accumulated Expenses (2010 - 2026) Analysis & Trends
At the end of FY2025, U S Physical Therapy posted Accumulated Expenses of $49.42 million, down 17.0% from FY2024.
- Accumulated Expenses has a five-year compound annual growth rate of -3.7% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $59.51 million in FY2024 (+7.5%), $55.34 million in FY2023 (+47.9%), $37.41 million in FY2022 (-18.1%) and $45.71 million in FY2021 (-23.5%).
- The Q2 2026 figure ranks as the lowest quarterly Accumulated Expenses since Q3 2023.
- Year over year, Accumulated Expenses has now declined in each of the last four quarters, with growth averaging 6.4% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q3 2024 (growth of 80.0%); the low point was Q3 2022 (a decline of 32.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $56.96 million (Q1 2026), $49.42 million (Q4 2025) and $56.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn |
| 10 | U S Physical Therapy | 1.28 Bn | 1.48 Bn | 41.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.42 Mn |
| Mar 31, 2026 | 56.96 Mn |
| Dec 31, 2025 | 49.42 Mn |
| Sep 30, 2025 | 56.90 Mn |
| Jun 30, 2025 | 65.44 Mn |
| Mar 31, 2025 | 68.33 Mn |
| Dec 31, 2024 | 59.51 Mn |
| Sep 30, 2024 | 64.51 Mn |
| Jun 30, 2024 | 58.06 Mn |
| Mar 31, 2024 | 53.75 Mn |
| Dec 31, 2023 | 55.34 Mn |
| Sep 30, 2023 | 35.85 Mn |
| Jun 30, 2023 | 43.34 Mn |
| Mar 31, 2023 | 45.22 Mn |
| Dec 31, 2022 | 37.41 Mn |
| Sep 30, 2022 | 33.78 Mn |
| Jun 30, 2022 | 41.25 Mn |
| Mar 31, 2022 | 51.12 Mn |
| Dec 31, 2021 | 45.71 Mn |
| Sep 30, 2021 | 50.27 Mn |
API Access
U S Physical Therapy Accumulated Expenses 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=accumulated-expenses&ticker=USPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "USPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=USPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();