U S Physical Therapy (USPH) Cost of Revenue (2011 - 2026)
U S Physical Therapy's (USPH) quarterly Cost of Revenue came in at $165.5 million in Q1 2026, up 8.39% year-on-year from $152.7 million in Q1 2025, and up 1.81% quarter-over-quarter from $162.6 million in Q4 2025.
U S Physical Therapy (USPH) Cost of Revenue (2011 - 2026) Analysis & Trends
U S Physical Therapy has disclosed Cost of Revenue across 16 years of filings, most recently posting $165.5 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $165.5 million, up 8.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $644.1 million (up 12.43% YoY), and the FY2025 annual result was $631.3 million, up 15.32% from the prior year.
- Cost of Revenue came in at $165.5 million for Q1 2026 at U S Physical Therapy, up from $162.6 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $165.5 million in Q1 2026 to a low of $105.1 million in Q1 2022.
- The 5-year median for Cost of Revenue is $127.3 million (2024), against an average of $133.5 million.
- Across the five-year window, Cost of Revenue advanced 21.56% in 2022 and climbed 8.18% in 2024, its largest moves.
- U S Physical Therapy's Cost of Revenue stood at $113.4 million in 2022, then advanced by 9.65% to $124.3 million in 2023, then climbed by 19.02% to $147.9 million in 2024, then grew by 9.92% to $162.6 million in 2025, then climbed by 1.81% to $165.5 million in 2026.
- The last three Cost of Revenue figures came in at $165.5 million (Q1 2026), $162.6 million (Q4 2025), and $160.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 2.85 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 961.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 2.34 Bn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 241.90 Mn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 1.10 Bn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 1.28 Bn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 4.28 Bn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 441.75 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 1.07 Bn |
| 10 | U S Physical Therapy | 961.89 Mn | 1.25 Bn | 32.75 Mn | 165.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 165.53 Mn |
| Mar 31, 2026 | 165.53 Mn |
| Dec 31, 2025 | 162.59 Mn |
| Dec 31, 2025 | 162.59 Mn |
| Sep 30, 2025 | 160.26 Mn |
| Sep 30, 2025 | 160.26 Mn |
| Jun 30, 2025 | 155.72 Mn |
| Jun 30, 2025 | 155.72 Mn |
| Mar 31, 2025 | 152.72 Mn |
| Mar 31, 2025 | 152.72 Mn |
| Dec 31, 2024 | 147.92 Mn |
| Dec 31, 2024 | 147.92 Mn |
| Sep 30, 2024 | 138.90 Mn |
| Sep 30, 2024 | 138.90 Mn |
| Jun 30, 2024 | 133.33 Mn |
| Jun 30, 2024 | 133.33 Mn |
| Mar 31, 2024 | 127.27 Mn |
| Mar 31, 2024 | 127.27 Mn |
| Dec 31, 2023 | 124.29 Mn |
| Dec 31, 2023 | 124.29 Mn |