HCSG

MKT CAP:$2B

Healthcare Services Group, Inc.

Market Cap

$2B

Healthcare·Medical - Care Facilities·🇺🇸 United States·NASDAQ

Healthcare·Medical·🇺🇸·NASDAQ

Stock Price

$22.89+$5.54 (+31.93%)

Apr 22, 2026

Company Details

Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation ce...

CEO

Theodore Wahl

IPO Date

Nov 29, 1983

Website

www.hcsgcorp.com

Key Metrics TTM

Revenue

$1.9B

+6.5% YoY

Net Income

$68M

EPS (Diluted)

$0.95

Free Cash Flow

$139M

Revenue / Share

$26.07

Gross Margin

13.6%

Operating Margin

3.6%

Net Margin

3.7%

FCF Margin

7.5%

P/S

0.8x

P/E

22.8x

Earnings Reports

Q1 2026

Apr 13, 2026

NEW

$463M+3.4%EPS $0.37

FY 2025

Feb 13, 2026

$1.8B+7.1%EPS $0.81

Q4 2025

Feb 13, 2026

$467M+6.6%EPS $0.44

Q3 2025

Oct 24, 2025

$464M+8.5%EPS $0.58

Q2 2025

Jul 25, 2025

$458M+7.6%EPS -$0.44

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$425M	$45M	$10M
Q3 22	$414M	$38M	$631.0K
Q4 22	$424M	$57M	$20M
Q1 23	$417M	$62M	$14M
Q2 23	$419M	$63M	$10M
Q3 23	$411M	$34M	-$5M
Q4 23	$424M	$73M	$31M
Q1 24	$423M	$65M	$22M
Q2 24	$426M	$42M	-$2M
Q3 24	$428M	$63M	$19M
Q4 24	$438M	$59M	$14M
Q1 25	$448M	$68M	$22M
Q2 25	$458M	$3M	-$42M
Q3 25	$464M	$96M	$50M
Q4 25	$467M	$76M	$26M
Q1 26	$463M	$76M	$34M

Valuation

Quarter	P/S	P/E
Q2 22	0.8x	43.3x
Q3 22	0.5x	43.9x
Q4 22	0.6x	28.0x
Q1 23	0.6x	28.6x
Q2 23	0.7x	30.4x
Q3 23	0.5x	24.9x
Q4 23	0.5x	20.6x
Q1 24	0.6x	22.7x
Q2 24	0.5x	26.3x
Q3 24	0.5x	16.4x
Q4 24	0.5x	21.5x
Q1 25	0.4x	18.0x
Q2 25	0.6x	102.4x
Q3 25	0.7x	30.5x
Q4 25	0.8x	24.6x
Q1 26	0.7x	20.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$30M	-$32M
Q2 22	$9M	$8M
Q3 22	-$10M	-$11M
Q4 22	$23M	$22M
Q1 23	-$16M	-$17M
Q2 23	$7M	$6M
Q3 23	$3M	$1M
Q4 23	$49M	$48M
Q1 24	-$26M	-$28M
Q2 24	$16M	$15M
Q3 24	$4M	$3M
Q4 24	$36M	$35M
Q1 25	$28M	$26M
Q2 25	$29M	$27M
Q3 25	$71M	$70M
Q4 25	$17M	$16M

Capital Expenditures

Quarter	CapEx
Q1 22	$1M
Q2 22	$1M
Q3 22	$2M
Q4 22	$1M
Q1 23	$1M
Q2 23	$1M
Q3 23	$2M
Q4 23	$1M
Q1 24	$2M
Q2 24	$1M
Q3 24	$1M
Q4 24	$1M
Q1 25	$2M
Q2 25	$1M
Q3 25	$1M
Q4 25	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+6.7%	+8.2%
Q3 22	-0.3%	+2.5%
Q4 22	+0.8%	-3.5%
Q1 23	-2.2%	-2.2%
Q2 23	-1.4%	-1.4%
Q3 23	-0.7%	+0.7%
Q4 23	-0.0%	-2.9%
Q1 24	+1.5%	-0.5%
Q2 24	+1.8%	+4.6%
Q3 24	+4.1%	-1.8%
Q4 24	+3.3%	+7.9%
Q1 25	+5.7%	+6.1%
Q2 25	+7.6%	+16.9%
Q3 25	+8.5%	+1.4%
Q4 25	+6.6%	+4.2%
Q1 26	+3.4%	+0.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$2M	0.6%
Q2 22	$2M	0.6%
Q3 22	$2M	0.6%
Q4 22	$2M	0.5%
Q1 23	$2M	0.5%
Q2 23	$2M	0.6%
Q3 23	$2M	0.6%
Q4 23	$2M	0.5%
Q1 24	$3M	0.6%
Q2 24	$2M	0.5%
Q3 24	$2M	0.5%
Q4 24	$2M	0.5%
Q1 25	$4M	0.8%
Q2 25	$3M	0.6%
Q3 25	$3M	0.6%
Q4 25	$3M	0.7%

OpEx Breakdown

Quarter	SG&A
Q2 22	$36M
Q3 22	$37M
Q4 22	$37M
Q1 23	$49M
Q2 23	$53M
Q3 23	$39M
Q4 23	$42M
Q1 24	$43M
Q2 24	$43M
Q3 24	$44M
Q4 24	$44M
Q1 25	$46M
Q2 25	$45M
Q3 25	$47M
Q4 25	$51M
Q1 26	$42M

Revenue Segments

Quarter	Dietary Services	Housekeeping Services
Q2 22	$226M	$199M
Q3 22	$218M	$197M
Q4 22	$226M	$198M
Q1 23	$224M	$194M
Q2 23	$228M	$191M
Q3 23	$220M	$191M
Q4 23	$232M	$191M
Q1 24	$233M	$191M
Q2 24	$235M	$191M
Q3 24	$237M	$191M
Q4 24	$245M	$193M
Q1 25	$251M	$196M
Q2 25	$253M	$206M
Q3 25	$253M	$212M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$32M	$97M	$129M
Q3 22	$20M	$94M	$113M
Q4 22	$26M	$95M	$121M
Q1 23	$16M	$96M	$112M
Q2 23	$29M	$93M	$122M
Q3 23	$31M	$90M	$121M
Q4 23	$54M	$93M	$147M
Q1 24	$54M	$76M	$130M
Q2 24	$26M	$79M	$106M
Q3 24	$27M	$77M	$104M
Q4 24	$85M	$51M	$136M
Q1 25	$64M	$50M	$115M
Q2 25	$112M	$52M	$164M
Q3 25	$124M	$53M	$177M
Q4 25	$161M	$43M	$204M
Q1 26	$136M	$42M	$179M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	74M	+0.0%	-1.1%
Q3 22	74M	-0.0%	-1.0%
Q4 22	74M	+0.0%	+0.0%
Q1 23	75M	+0.2%	+0.2%
Q2 23	75M	+0.1%	+0.3%
Q3 23	74M	-0.3%	+0.0%
Q4 23	74M	-0.7%	-0.7%
Q1 24	74M	+0.2%	-0.6%
Q2 24	74M	-0.3%	-1.0%
Q3 24	74M	+0.1%	-0.6%
Q4 24	74M	+0.1%	+0.1%
Q1 25	74M	-0.0%	-0.1%
Q2 25	73M	-0.7%	-0.6%
Q3 25	74M	+0.1%	-0.6%
Q4 25	72M	-2.5%	-3.2%
Q1 26	71M	-0.8%	-3.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$10.8K	39K
Q3 22	$10.6K	39K
Q4 22	$11.9K	36K
Q1 23	$11.7K	36K
Q2 23	$11.7K	36K
Q3 23	$11.5K	36K
Q4 23	$12.7K	33K
Q1 24	$12.7K	33K
Q2 24	$12.8K	33K
Q3 24	$12.8K	33K
Q4 24	$12.4K	35K
Q1 25	$12.7K	35K
Q2 25	$13.0K	35K
Q3 25	$13.2K	35K
Q4 25	$13.0K	36K
Q1 26	$12.9K	36K

Revenue / Employee