AHCO Q1 2024 Earnings — AdaptHealth Corp. Revenue & Financial Results | Market Cap Arena

AHCOAdaptHealth Corp.

$1B

Q1 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$594M-20.2% YoY

Gross Profit

-$41M-6.9% margin

Operating Income

$51M8.5% margin

Net Income

-$2M-0.4% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-59.8%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

-$39M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$3.0B

Stockholders' Equity

$1.5B

Cash & Equivalents

$80M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$594M	$745M	-20.2%
Gross Profit	-$41M	$89M	-145.9%
Operating Income	$51M	$26M	+93.0%
Net Income	-$2M	$16M	-113.6%

Revenue Segments

Health Care, Other

$67M100%