Aveanna Q2 2026: Revenue Up 13.7%, Net Income $40.3M, Family First Acquisition Closed
AVAH sits 68% above its 52-week low of $5.93.
Summary
Aveanna reported Q2 revenue of $670.5M, up 13.7% YoY, with net income of $40.3M. The Family First acquisition closed June 1, 2026, contributing to growth. Cash stands at $97.2M with $1.48B in total debt.
Key Events · Earnings and Guidance · AVAH
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Q2 Revenue and Net Income
Revenue of $670.5M, up 13.7% YoY; net income of $40.3M, up 49.1% YoY. Adjusted EBITDA of $95.4M.
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Family First Acquisition
Closed June 1, 2026 for $173.7M cash. Added $156.2M goodwill and contributed to PDS segment growth.
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Segment Performance
PDS revenue up 14.0% but gross margin fell to 28.9% from 32.5% due to higher caregiver labor costs. HHH revenue up 14.8%, MS up 9.4%.
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Balance Sheet and Liquidity
Cash of $97.2M, total debt of $1.48B, and $225.5M revolver capacity. Subsequent $41.3M increase in securitization borrowings on July 6, 2026.
Analysis · AVAH · Industrial Applications And Services
Aveanna delivered strong Q2 results with revenue of $670.5M (up 13.7% YoY) and net income of $40.3M, driven by the Family First acquisition and organic growth. The balance sheet shows $97.2M in cash and $1.48B in total debt, with a subsequent $41.3M increase in securitization borrowings. Segment data reveals PDS gross margin declined to 28.9% from 32.5% due to higher caregiver labor costs, while HHH and MS margins remained stable. The company remains in compliance with all debt covenants and has $225.5M of revolver capacity.
At the time of this filing, AVAH was trading at $9.96 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $2B. The 52-week trading range was $5.93 to $10.32. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.