Addus HomeCare Q2 Revenue Rises 8% to $377M, Net Income Up 25%
ADUS sits 29% above its 52-week low of $87.95.
Summary
Addus HomeCare posted Q2 2026 revenue of $377.4 million, an 8% year-over-year increase, as net income rose 25% to $27.6 million. Robust cash generation enabled a $60 million debt paydown.
Key Events · Earnings and Guidance · ADUS
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Revenue Up 8% to $377.4M
Driven by personal care segment gains from acquisitions and organic billable hour growth, Q2 2026 net service revenues rose 8% year-over-year to $377.4 million.
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Net Income Jumps 25% to $27.6M
Net income reached $27.6 million, or $1.49 per diluted share, compared to $22.1 million, or $1.20 per share, in Q2 2025.
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Operating Cash Flow More Than Doubles
Cash from operations surged to $92.4 million for the first half of 2026, up from $41.5 million a year ago, fueled by improved receivables collection.
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Debt Reduced by $60 Million
The company repaid $60 million on its revolving credit facility, bringing outstanding borrowings to $64.3 million with $577.8 million available.
Analysis · ADUS · Industrial Applications And Services
A strong second quarter underscores Addus HomeCare's profitable growth trajectory. Revenue climbed 8% to $377.4 million, while net income surged 25% to $27.6 million, powered by the personal care segment's acquisitions and organic billable hour expansion. Operating cash flow more than doubled to $92.4 million in the first half, providing the firepower to slash $60 million in revolving debt. The balance sheet remains robust, with $577.8 million available on the credit facility. The lone blemish is the home health segment, where revenue slipped on lower patient volumes. Overall, the quarter highlights the company's ability to expand earnings while strengthening its financial position.
At the time of this filing, ADUS was trading at $113.66 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $2.1B. The 52-week trading range was $87.95 to $124.44. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.