DaVita Q2 Earnings Beat, Raises Full-Year EPS Guidance to $14.10-$15.20
DVA has more than doubled off its 52-week low of $101 on elevated volume (2.9× avg).
Summary
DaVita reported Q2 2026 earnings that beat expectations, raised full-year EPS guidance above consensus, and continued aggressive share buybacks, signaling strong operational momentum.
Key Events · Earnings and Guidance · DVA
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Q2 Earnings Beat
Net income of $265.4M ($4.02 diluted EPS) vs. $199.3M ($2.58) a year ago; revenue rose to $3.554B from $3.380B.
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Raised Full-Year Guidance
Adjusted diluted EPS guidance raised to $14.10-$15.20, above consensus; free cash flow guidance increased to $1.0B-$1.25B.
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Aggressive Share Repurchases
2.2M shares repurchased in Q2 at avg $154.95; additional 0.2M shares bought post-quarter at avg $199.55, totaling $385M.
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Debt Refinancing
Entered $500M incremental Term Loan B-2 in June 2026; proceeds used to repay revolver and for general corporate purposes.
Analysis · DVA · Industrial Applications And Services
DaVita delivered a strong Q2, with net income surging to $265.4 million ($4.02/share) from $199.3 million a year ago, driven by revenue growth and margin expansion. The company raised its full-year adjusted EPS guidance to $14.10-$15.20, above consensus, and boosted free cash flow expectations to $1.0-$1.25 billion. Aggressive share repurchases continued — 2.2 million shares bought in Q2 at an average $154.95, with another 0.2 million shares bought post-quarter near $200. The $500 million incremental term loan refinancing strengthens the balance sheet. Against a backdrop of recent insider selling, these results and the raised outlook signal operational momentum and confidence in capital returns.
At the time of this filing, DVA was trading at $211.90 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $14.6B. The 52-week trading range was $101.00 to $247.49. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.