NUTX (Nutex Health, Inc.) Stock Financials & Earnings | Market Cap Arena

NUTX (Nutex Health, Inc.) Stock Financials & Earnings | Market Cap Arena

NUTXNutex Health, Inc.

Mkt Cap$579M

Healthcare·Medical - Healthcare Information Services·🇺🇸 United States·NASDAQ

Revenue (TTM)$875M

Net Income (TTM)$71M

EPS (TTM)$8.92

Free Cash Flow (TTM)$293M

Gross Margin50.8%

Op. Margin31.5%

Net Margin8.1%

FCF Margin33.5%

P/S Ratio (TTM)0.7x

P/E Ratio (TTM)8.2x

YoY Rev Growth+82.4%

Employees—

Earnings Reports

Next: Q1 2026 · Mar 30

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$56M	$5M	-$4M
Q2 23	$59M	$10M	-$363K
Q3 23	$63M	$12M	-$821K
Q4 23	$70M	$13M	-$26M
Q1 24	$67M	$10M	$1M
Q2 24	$76M	$23M	$5M
Q3 24	$79M	$22M	$10M
Q4 24	$258M	$142M	$114M
Q1 25	$212M	$118M	$72M
Q2 25	$244M	$125M	$34M
Q3 25	$268M	$155M	$130M
Q4 25	$152M	$46M	$39M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.9x	—
Q2 23	2.9x	—
Q3 23	2.5x	—
Q4 23	2.3x	—
Q1 24	2.2x	—
Q2 24	2.1x	—
Q3 24	2.0x	—
Q4 24	1.2x	11.1x
Q1 25	0.9x	8.6x
Q2 25	0.7x	11.6x
Q3 25	0.6x	5.1x
Q4 25	0.7x	8.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$1M	-$3M
Q2 23	$12K	-$3M
Q3 23	$2M	-$907K
Q4 23	-$2M	-$951K
Q1 24	$3M	$2M
Q2 24	$13M	$13M
Q3 24	$7M	$6M
Q4 24	$53K	-$342K
Q1 25	$51M	$51M
Q2 25	$74M	$74M
Q3 25	$100M	$99M
Q4 25	$70M	$69M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$4M
Q2 23	$3M
Q3 23	$3M
Q4 23	$826K
Q1 24	$733K
Q2 24	$558K
Q3 24	$617K
Q4 24	$395K
Q1 25	$64K
Q2 25	$751K
Q3 25	$302K
Q4 25	$1M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-28.8%	+21.8%
Q2 23	+1.5%	-0.2%
Q3 23	+120.9%	-86.1%
Q4 23	+29.7%	+94.9%
Q1 24	+19.7%	+8.6%
Q2 24	+29.1%	+19.4%
Q3 24	+25.6%	+8.8%
Q4 24	+269.8%	+49.7%
Q1 25	+214.0%	+111.5%
Q2 25	+220.7%	+197.1%
Q3 25	+239.9%	+98.8%
Q4 25	-41.1%	-21.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	3.4%
Q2 23	$250K	0.4%
Q3 23	$49K	0.1%
Q4 23	$637K	0.9%
Q1 24	$49K	0.1%
Q2 24	-$61K	-0.1%
Q3 24	$2M	2.5%
Q4 24	$15M	5.7%
Q1 25	$36M	17.0%
Q2 25	$106M	43.6%
Q3 25	-$23M	-8.5%
Q4 25	$42M	27.7%

OpEx Breakdown

Quarter	G&A
Q1 23	$9M
Q2 23	$10M
Q3 23	$8M
Q4 23	$9M
Q1 24	$9M
Q2 24	$11M
Q3 24	$12M
Q4 24	$27M
Q1 25	$10M
Q2 25	$12M
Q3 25	$11M
Q4 25	$18M

Revenue Segments

Quarter	Hospital Division
Q1 25	$204M
Q2 25	$236M
Q3 25	$260M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$33M	$0	$33M
Q2 23	$33M	$0	$33M
Q3 23	$27M	$0	$27M
Q4 23	$22M	$0	$22M
Q1 24	$30M	$0	$30M
Q2 24	$41M	$0	$41M
Q3 24	$47M	$0	$47M
Q4 24	$44M	$0	$44M
Q1 25	$85M	$0	$85M
Q2 25	$97M	$0	$97M
Q3 25	$166M	$0	$166M
Q4 25	$186M	$0	$186M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	5M	-5.5%
Q2 23	4M	-5.8%
Q3 23	4M	+1.3%
Q4 23	4M	-4.9%
Q1 24	5M	+9.0%
Q2 24	5M	+8.3%
Q3 24	5M	+2.5%
Q4 24	5M	+0.0%
Q1 25	6M	+14.8%
Q2 25	6M	+0.0%
Q3 25	7M	+22.6%
Q4 25	7M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 11	$232K	11
FY 15	$0	14
FY 16	$0	7
FY 17	$9K	6
FY 18	$15K	6
FY 19	$8M	12
FY 20	$20M	14
FY 21	$14M	24
FY 22	$9M	24
FY 23	$310K	800
FY 24	$600K	800
FY 25	$927K	944