U S Physical Therapy (USPH) Cost of Revenue (2011 - 2026)
U S Physical Therapy (USPH) posted Cost of Revenue of $165.5 million for Q1 2026, up 1.81% sequentially from $162.6 million in Q4 2025, and up 8.39% YoY from $152.7 million in Q1 2025.
U S Physical Therapy (USPH) Cost of Revenue (2011 - 2026) Analysis & Trends
U S Physical Therapy has reported Cost of Revenue for 16 years, with the latest figure at $165.5 million in Q1 2026.
- Quarterly Cost of Revenue rose 8.39% year-over-year to $165.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $644.1 million (up 12.43% YoY) and the FY2025 annual result came in at $631.3 million, up 15.32% from the prior year.
- Cost of Revenue advanced to $165.5 million in Q1 2026 per USPH's latest filing, from $162.6 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $165.5 million in Q1 2026 and troughed at $105.1 million in Q1 2022.
- A 5-year average of $133.5 million and a median of $127.3 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue grew 21.56% in 2022, then increased 8.18% in 2024.
- Over 5 years, Cost of Revenue stood at $113.4 million in 2022, then grew by 9.65% to $124.3 million in 2023, then increased by 19.02% to $147.9 million in 2024, then rose by 9.92% to $162.6 million in 2025, then increased by 1.81% to $165.5 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $165.5 million, $162.6 million, and $160.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 5.04 Bn |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 1.17 Bn |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 254.90 Mn |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 2.39 Bn |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 1.13 Bn |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 1.35 Bn |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 1.09 Bn |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 451.78 Mn |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 413.93 Mn |
| 10 | U S Physical Therapy | 1.21 Bn | 1.50 Bn | 41.94 Mn | 172.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 172.12 Mn |
| Jun 30, 2026 | 172.12 Mn |
| 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 |