U S Physical Therapy (USPH) Operating Income (2010 - 2026)
U S Physical Therapy (USPH) posted Operating Income of $12.5 million for Q1 2026, down 25.56% sequentially from $16.8 million in Q4 2025, and down 36.46% YoY from $19.6 million in Q1 2025.
U S Physical Therapy (USPH) Operating Income (2010 - 2026) Analysis & Trends
U S Physical Therapy (USPH) has 17 years of Operating Income data on file, last reported at $12.5 million in Q1 2026.
- Quarterly Operating Income fell 36.46% year-over-year to $12.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $79.5 million (up 17.44% YoY) and the FY2025 annual result came in at $86.7 million, up 37.6% from the prior year.
- Operating Income slipped to $12.5 million in Q1 2026 per USPH's latest filing, from $16.8 million in the prior quarter.
- The five-year high for Operating Income was $25.3 million in Q3 2025, with the low at -$40.7 million in Q4 2022.
- Average Operating Income over 5 years is $13.1 million, with a median of $15.9 million recorded in 2023.
- Year-over-year, Operating Income slumped 347.19% in 2022 and jumped 908.68% in 2024.
- U S Physical Therapy's Operating Income stood at -$40.7 million in 2022, then soared by 94.03% to -$2.4 million in 2023, then jumped by 908.68% to $19.7 million in 2024, then fell by 14.68% to $16.8 million in 2025, then retreated by 25.56% to $12.5 million in 2026.
- Business Quant data shows USPH's Operating Income at $12.5 million in Q1 2026, $16.8 million in Q4 2025, and $25.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | -566.00 Mn |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 84.58 Mn |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 1.30 Bn |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 481.89 Mn |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 59.70 Mn |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 124.85 Mn |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 502.86 Mn |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 120.04 Mn |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | -34.14 Mn |
| 10 | U S Physical Therapy | 1.08 Bn | 1.37 Bn | 32.75 Mn | 12.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.48 Mn |
| Dec 31, 2025 | 16.77 Mn |
| Sep 30, 2025 | 25.33 Mn |
| Jun 30, 2025 | 24.94 Mn |
| Mar 31, 2025 | 19.64 Mn |
| Dec 31, 2024 | 19.65 Mn |
| Sep 30, 2024 | 12.85 Mn |
| Jun 30, 2024 | 15.57 Mn |
| Mar 31, 2024 | 14.93 Mn |
| Dec 31, 2023 | -2.43 Mn |
| Sep 30, 2023 | 15.88 Mn |
| Jun 30, 2023 | 20.06 Mn |
| Mar 31, 2023 | 17.00 Mn |
| Dec 31, 2022 | -40.70 Mn |
| Sep 30, 2022 | 14.90 Mn |
| Jun 30, 2022 | 20.08 Mn |
| Mar 31, 2022 | 15.03 Mn |
| Dec 31, 2021 | 16.47 Mn |
| Sep 30, 2021 | 16.93 Mn |
| Jun 30, 2021 | 22.23 Mn |